Orange County NC Website
9 <br />17. ACCESS TO RECORDS: <br />The LA, the State, USDOL, and Comptroller General of the <br />United States or any of their designees shall have access to <br />all records of any type of the Contract or its subrecipient <br />with regard to funded activities. <br />18. PROPERTY: <br />The WIA Contractor acknowledges that all non - expendable <br />property, that is, property with a unit cost less than Five <br />Hundred Dollars ($500) purchased with funds received under <br />this Contract or donated specifically to the WIA funded <br />activity, is the sole property of the LA. The LA may transfer <br />or relocate non - expendable property hereunder at its <br />discretion, subject to state and federal law. The WIA <br />Contractor also acknowledges that all non - expendable property <br />with a unit cost of $500 or more, purchased with WIA funds or <br />donated to the WIA funded activity, is the sole property of <br />the State. The WIA Contractor may not transfer, relocate or <br />alter the use of any property hereunder without the prior <br />written authorization of the LA. <br />The WIA Contractor is responsible for the proper <br />identification, inventory and maintenance of property under <br />its control. The WIA Contractor will permit on -site <br />inspections of all property by the LA, the State and USDOL. <br />The WIA Contractor shall procure the prior written approval of <br />the LA to initiate any action involving acquisition by <br />purchase, lease or trade, transfer, relocation, changed use or <br />disposition of non - expendable property. The WIA Contractor <br />shall not be entitled to recover the costs of acquisition or <br />transfer if such approval is not obtained. The WIA Contractor <br />shall send to the LA copies of all vendor invoices, for all <br />non - expendable property purchased, by the second (2nd) working <br />day of the month following the purchases. <br />The WIA Contractor shall not acquire real property with funds <br />under this Contract. This prohibition applies to personal <br />property (fixtures) affixed to real property unless a recorded <br />agreement is reached with the owner of the real property <br />disavowing any interest in the fixture. <br />If the WIA Contractor anticipates the development of <br />intangible property, such as works on which a copyright or <br />patent is obtainable, the WIA Contractor shall notify the LA <br />and execute a special amendment of this Contract acknowledging <br />that the State has ownership of all works. The WIA Contractor <br />acknowledges that as to any works produced for hire, the State <br />is the entity that has commissioned and paid for the works. <br />The WIA Contractor expressly assigns to the LA any right it <br />may acquire by operation of law or otherwise in any property <br />under this Contract. <br />On completion of the services under this Contract or upon <br />Local Workforce Area Contract Agreement Page 8 of 29 <br />Amended 7/14 <br />