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General Terms and Conditions <br /> DEFINITIONS <br /> Unless indicated otherwise from the context,the following terms shall have the following meanings in this Contract. All <br /> definitions are from 9 NCAC 3M.0102 unless otherwise noted. If the rule or statute that is the source of the definition is <br /> changed by the adopting authority, the change shall be incorporated herein: <br /> "Agency" (as used in the context of the definitions below) shall mean and include every public office, public officer or <br /> official (State or local, elected or appointed), institution, board, commission, bureau, council, department, authority or <br /> other unit of government of the State or of any county, unit, special district or other political subagency of government. <br /> For other purposes in this Contract, "Agency" shall mean the entity identified as one of the Parties hereto. <br /> "Audit" means an examination of records or financial accounts to verify their accuracy. <br /> "Certification of Compliance"means a report provided by the Agency to the Office of the State Auditor that states that the <br /> Grantee has met the reporting requirements established by this Subchapter and included a statement of certification bythe <br /> Agency and copies of the submitted grantee reporting package. <br /> "Compliance Supplement" refers to the North Carolina State Compliance Supplement, maintained by the State and Local <br /> Government Finance Agency within the North Carolina Department of State Treasurer that has been developed in <br /> cooperation with agencies to assist the local auditor in identifying program compliance requirements and audit procedures <br /> for testing those requirements. <br /> "Contract" means a legal instrument that is used to reflect a relationship between the agency, grantee, and subgrantee. <br /> "Financial Assistance" means assistance that non-State entities receive or administer in the form of grants, loans, loan <br /> guarantees, property (including donated surplus property), cooperative agreements, interest subsidies, insurance, food <br /> commodities, direct appropriations, and other assistance. Financial assistance does not include amounts received as <br /> reimbursement for services rendered to individuals for Medicare and Medicaid patient services. <br /> "Financial Statement" means a report providing financial statistics relative to a given part of an organization's operations <br /> or status. <br /> "Fiscal Year" means the annual operating year of the non-State entity. <br /> "Grant" means financial assistance provided by a State agency to an eligible grantee to carry out activities identified in the <br /> Contract agreement. <br /> "Grantee" means an entity that receives State funds as a grant from a State agency. <br /> "Grantor"means an entity that provides resources,generally financial,to another entity in order to achieve a specified goal <br /> or objective. <br /> "Non-State Entity" has the meaning in G.S. 143-C-1-1(d)(18). <br /> "Public Authority" has the meaning in G.S. 159-7(10). <br /> Rev.7/2014 Governmental Page 2 of 9 <br />