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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 by the <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 - l - 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 />