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DocuSign Envelope ID:78958EB7-5B02-4CA0-8EAF-F3E892A7B33B <br /> Appendix B <br /> NC State University <br /> Cost Reimbursement Terms and Conditions <br /> for NC DOT CFAT Subawards (version 05-2019) <br /> 5. Access to Records. The Subrecipient will make all access to any and all documents, <br /> papers, or other records of the Subrecipient which are pertinent to the subaward, in order <br /> to make reviews, audits, examinations, excerpts, transcripts, and inspections available at <br /> all reasonable times by the Federal Awarding agency, the Inspectors General, the <br /> Comptroller General of the US, University or by their authorized representatives). This <br /> right also includes timely and reasonable access to the Subrecipient's personnel for the <br /> purpose of interview and discussion related to such documents. Subrecipient must retain <br /> these records for a period of at least three (3) years from the date of submission of the final <br /> invoice or from the settlement date of any claims, audits, appeals, or litigation, whichever <br /> is later, or as the Prime Agreement prescribes. <br /> b. Inspection. Designated representatives of University have the right to inspect and review <br /> the progress of the work performed at the Subrecipient's place of business pursuant to this <br /> Agreement. Subrecipient must make available all reasonable facilities, including access to <br /> relevant data, test results, and computations used or generated under this Agreement if <br /> requested by University. University must conduct such inspections in such manner so as <br /> not to unduly delay the progress of the work. University must give the Subrecipient <br /> reasonable notice prior to conducting any such inspection. <br /> 7. Audit, Throughout the term of the Subaward, Subrecipient agrees to forward upon <br /> request, audit information in accordance with an OMB single audit. This could include <br /> certification of audit results, web links to audit reports,the most recent report, corrective <br /> action plans or other pertinent information. In the absence of an OMB single audit, <br /> Subrecipient must submit a record of its most recent audit by an independent accountant, <br /> including a certification as to the accuracy and reliability of the Subrecipient's financial <br /> statements and internal control structure. Upon request, Subrecipient must complete a <br /> questionnaire (to be provided) regarding its accounting system and internal controls. <br /> Audits and/or related documents must be sent to the address in Block 412, Attn: <br /> Compliance Manager. <br /> 8. Key Persons,Technical Direction and Reporting, <br /> A. The individual named in Block#9 (normally Subrecipient's Principal Investigator) <br /> is designated as a Key Person. Subrecipient agrees not to replace that individual nor <br /> reduce his/her level of commitment to the project without prior written approval of <br /> University. <br /> B. The University Project Director named in Block#8 is responsible for monitoring <br /> Subrecipient's performance, technical reporting and approval of Subrecipient's invoices. <br /> All questions about technical and financial matters should be directed to that individual. <br /> Technical reporting requirements are stated in Block 96. <br /> 9. Administration. Matters concerning any changes in the terms, conditions, dates or <br /> amounts cited in the SN should be directed to the other party's Negotiator/Administrator <br /> identified in Blocks#1 0 and 411. <br /> 2 Appendix B NCSU CR T&C's for NC Do'r revised 5.10.19 Page 3 of 9 <br />