Agenda - 06-28-1989 - Laserfiche WebLink

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JO. The contract should be executed and submitted in triplicate to the Secretary of the Local Government Commission,325 - North Salisbury Street,Raleigh,North Carolina 27611. 11. upon approval.the original will be returned to the Governmental Unit.a a copy retained by the Secretary of the Local Government Cott dtssion.The copy should not be started before the Auditor, ontract - . is approved. 12. This contract contemplates an unqualified opinion being rendered.Any limitation:or reatsictiona in scope which would lead to a qualification should be fully explained In an attachment to this contract. Contracts with such limitations will not be approved unless satisfactory explanation is made. 13. If an approved contract needs to be varied or changed, the change must be reduced to writing,signed and submitted to the Secretary of the Local Government Commission for approval. No change shall be effectwe unless approved by the Secretary of the Local Government Commission, the Governing Board,and the Auditor. 14. A separate contract should not be made for each division to be audited or report to be submitted.The scope of the audit and the fee for the audit should be dearly stated. Stated fees include any cost the Auditor may incur from work paper organizations). or any other quality assurance program required by third parties (federal and State agencies or other 15. Three copies(one copy for traits not having a single audit)of the report of audit and any other written shall be filed with the Secretary of the Local report ny ohs nor toe r5' Government Commission when (or prior to)submitting the invoice for the services rendered no later than four months after the close of the fiscal year (for fiscal years ending June 30 this would be October 31).The report of audit,as filed with the Secretary of the Local Government Commission,becomes a matter of public record for inspection and review in the offices of the in the preparation of Official Statements for debt offerings as w byym any interested parties.nicipal bond rating�ar are used 16. There are no special.provisions except; See attached engagement letter. • • 17. Whenever the Auditor uses an engagement letter with the client,Item 16 should be completed by referencing the engage- ment letter and attaching a copy of the engagement letter to the contract to incorporate the engagement letter into the contract.In case of conflict between the terms of the engagement letter and the terms of this contract, the terms of this deleted in Item 20 of this contract, terms are to be void unless the conflicting t=ans of this contract are specifically 18. A Governmental Unit not having a single audit on federal and State funds would list Item 7 in Item 20 of the contract as being a deleted provision.An lanatitm must be iven In Item 20 for aav audit on federal and State funds(e.g.,a required Goverruneytal Unit not receiving a single ( $ single audit is not under the Federal and State Single Audit Acts and is not being performed). 19. There are no other agreements between the parties hereto and no other agreements relative hereto that shall be enforceable unless entered into in accordance with the procedure set out herein and approved by the Secretary ment Commission. of the Local Govern_ 10. All of the above paragraphs are understood and shall apply to this agreement,except the following numbered paragraphs shall be deleted: (See items 17 and 18.) None Audlto By :- . o ' - P.. nee but va,t / sy ta>epnm) By j / ��„�✓ , a°iaaae ewe or prsnt} ��-_�r��► sue) Approved by the Secretary of the Local Government ��e) re- Commission as provided in Article 3,Chapter 159 of the This been udibod and manner rn- Ge neraal Statutes or Article 31,Part 3,Chapter 115C of tel Act by The Local or by The SSchool�+Budget Fiscal Control Act. the General Statutes. Fa'r riZnnaty Fr oae Of{ias (Page Type or pr+atj Date a"�°"O) Date •