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Governments" and/or OMB Circular No. A-110, "Grants and Agreements <br />with Institutions of High Education, Hospitals, and Other Nonprofit <br />Organizations," and/or OMB Circular No. A-87, "Cost Principles for State <br />and Local Governments," OMB Circular No. A-21, "Cost Principles for <br />Educational Institutions," or OMB Circular No. A-122, "Cost Principles <br />for Nonprofit Organizations." <br />(b) <br />If applicable, all financial and programmatic records, supporting <br />documents statistical records and other records of RECIPIENT/ <br />SUBGRANTEE shall be retained pursuant to 44 C.F.R. Part 13. All <br />original records pertinent to this Agreement shall be retained by the <br />RECIPIENT/SUBGRANTEE for three years following the date of <br />termination of this Agreement or of submission of the final closeout <br />report, whichever is later, with the following exceptions: <br />If any litigation, claim or audit is started before the expiration <br />of the three year period and extends beyond the three year <br />period, the records will be maintained until all litigation, claims <br />or audit findings involving the records have been resolved. <br />(g) <br />(c) All records, including supporting documentation of all program costs, <br />shall be sufficient to determine compliance with the requirements and <br />objectives of the Budget and Scope of Work - Attachment A- and all <br />other applicable laws and regulations. <br />(d) The RECIPIENT/SUBGRANTEE, its employees or agents, including all <br />subcontractors or consultants to be paid from funds provided under this <br />Agreement, shall allow access to its records at reasonable times to the <br />AGENCY/GRANTEE, its employees, and agents. "Reasonable" shall be <br />construed accarding to the circumstances but ordinarily shall mean during <br />normal business hours of 8:00 a.m. to 5:00 p.m., local time, on Monday <br />through Friday. "Agents" shall include, but not be limited to, auditors <br />retained by the AGENCY/GRANTEE. <br />REPORTS <br />(a) The RECIPIENT/SUBGRANTEE shall provide monthly progress reports <br />to the AGENCY/GRANTEE, using the Progress Report Form. Reports <br />are due by the tenth of the following month. Reports shall indicate the <br />status and completion date for each project funded, any problems or <br />circumstances affecting completion dates, or the scope of work, or the <br />Hurricane F1oyd Property Acquisition & Relocation Agreement Page 5 HFPAR-4292-0067 Orange County <br />