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respects, comply with the Office of Management and Budget Circular applicable to the <br /> Contractor's organizational structure. <br /> The Contractor shall submit budgets, invoices, and monthly reports to the LA no later than <br /> the tenth (10)working day of the month. Modifications of budgeted cost categories may <br /> only be made as permitted by the LA. Monthly financial reports not submitted in a timely <br /> manner for processing, will not receive reimbursement funds for the month requested until <br /> the following month and the appropriate financial report has been received by the LA. <br /> The Contractor must provide the following information: Name,Title,telephone <br /> number of financial contact for your agency: (please type or print) <br /> ko� &VAon I ��� -Res��c�n N1a►�►�e/ G A-a,4 5. -4g03 <br /> Name/Title Telephone Number <br /> The Contractor shall also prepare and file with the LA on a timely basis such information <br /> and reports as the LA, the State, or the USDOL may require. In addition, the Contractor <br /> shall immediately notify the LA, the State, and the Secretary of the USDOL of all <br /> allegations of information creating suspicion and/or for instances of criminal misconduct, <br /> fraud, or willful or gross misconduct in connection with the program or the administering <br /> agency. <br /> Within thirty (30) days after (a) completion or termination of this Contract, or (b) the <br /> expenditure of the maximum amount of funds provided hereunder, whichever comes first, <br /> the Contractor shall submit to the LA a signed closeout statement containing such <br /> information as required by the LA. The Contractor releases the LA from any obligation to <br /> pay any claim for costs incurred under the Contract that are not submitted with the closeout <br /> statement. Within the thirty (30) day closeout period, the Contractor will reimburse to the <br /> LA any funds that had been received in excess of actual expenditures and any funds <br /> expended in excess of allowable amounts in any budget line item. <br /> The filing of a petition in bankruptcy of insolvency by or against the Contractor or the filing <br /> of any foreclosure action, eviction proceeding or litigation that could threaten the ability of <br /> the Contractor or its subcontractor(s) to perform the duties hereunder shall be reported <br /> immediately to the LA and may be cause for suspension of payments or conditional <br /> continuation of funding, including conditional designation of an alternate administering <br /> agency for the Contractor. <br /> The Contractor shall not assign or transfer any interest in this Contract without the prior <br /> written approval of the LA. <br /> In order to make corrections in the amount of payments, and in addition to all rights <br /> described in this Contract, the LA may withhold reimbursement of costs between the LA <br /> and the Contractor. The LA may take recoupment actions and require repayment prior to <br /> exhaustion of appeal rights by the Contractor. <br /> Regional Partnership Workforce Development Board <br /> (Rev.6/7/17) Page 5 <br />