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Page 8 of 20 <br /> (e) Audits. In accordance with OMB Circular A-128, "Audits of State <br /> and Local Governments," dated April 12, 1985, and the Single Audit Act of <br /> 1984, the Public Body shall arrange for an independent financial and <br /> compliance audit of its fiscal operations. The Public Body shall furnish <br /> the Department with a copy of the independent audit report within thirty <br /> (30) days of completion of the report, but no later than one year after the <br /> end of the audit period. <br /> Section 7. Contracts Under This Agreement. Unless otherwise <br /> authorized in writing by the Department, the Contractor shall not assign any <br /> portion of the work to be performed under this Agreement, or execute any <br /> contract, amendment, or change order thereto, or obligate itself in any <br /> manner with any third party with respect to its rights and responsibilities <br /> under this Agreement without the prior written concurrence of the <br /> Department. Further, the Contractor shall incorporate the provisions of <br /> this Agreement into any lease arrangement and shall not enter into any lease <br /> arrangement without the prior concurrence of the Department. Any lease <br /> approved by the Department shall be subject to the conditions or limitations <br /> governing the lease as set forth by the FTA and the Department. <br /> Section 8. Inspection and Audits of Records. The Contractor shall <br /> permit and shall require its third party contractors to permit the <br /> Department, the Comptroller General of the United States, and the Secretary <br /> of the United States Department of Transportation, or their authorized <br /> representatives, to inspect all work, materials, payrolls, an other data and <br /> records with regard to the Project, and to audit the books, records, and <br /> accounts of the Contractor and/or the third party contractor pertaining to <br /> the Project. <br />