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SEP 0 9 2015 <br /> General Terms and Conditions <br /> DEFINITIONS <br /> Unless indicated otherwise from the context, the following terms shall have the following meanings in this <br /> Contract. All definitions are from 9 NCAC 3M.0102 unless otherwise noted. If the rule or statute that is the <br /> source of the definition is 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 <br /> officer or official (State or local, elected or appointed), institution, board, commission, bureau, council, <br /> department,authority or other unit of government of the State or of any county,unit,special district or other <br /> political subagency of government. For other purposes in this Contract, "Agency' shall mean the entity <br /> 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 <br /> states that the Grantee has met the reporting requirements established by this Subchapter and included a <br /> statement of certification by the Agency and copies of the submitted grantee reporting package. <br /> "Compliance Supplement"refers to the North Carolina State Compliance Supplement,maintained by the State <br /> and Local Government Finance Agency within the North Carolina Department of State Treasurer that has been <br /> developed in cooperation with agencies to assist the local auditor in identifying program compliance <br /> requirements and audit procedures for testing those requirements. <br /> "Contract" means a legal instrument that is used to reflect a relationship between the agency, grantee, and <br /> subgrantee. <br /> "Financial Assistance" means assistance that non-State entities receive or administer in the form of grants, <br /> loans, loan guarantees, property (including donated surplus property), cooperative agreements, interest <br /> subsidies,insurance,food commodities,direct appropriations,and other assistance. Financial assistance does <br /> not include amounts received as reimbursement for services rendered to individuals for Medicare and <br /> Medicaid patient services. <br /> "Financial Statement"means a report providing financial statistics relative to a given part of an organization's <br /> operations 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 <br /> identified in the 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 <br /> specified goal 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 /> "Single Audit" means an audit that includes an examination of an organization's financial statements,internal <br /> controls,and compliance with the requirements of Federal or State awards. <br /> Rev.7/2015 Governmental Page 2 of 9 <br />