2020-692-E-Economic Dev-Economic Dev partnership of NC

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5. Other expenses (e.g. related charges not assigned above and described by recipient). 6. Period ending balance of the RECIPIENT funding disbursed pursuant to this agreement. 7. A descriptive summary of how the funds were used including outcomes an d specific deliverables or accomplishments to date. ii. The RECIPIENT shall continue to submit the reimbursement request forms without requesting additional funds until the entire grant amount is accounted for. iii. The RECIPIENT shall submit the final reimbursement request to be received by the AGENCY by January 30, 2021. iv. On or before January 30, 2021 the RECIPIENT will submit the final outcome and accomplishment reports (see ATTACHMENT F). v. The AGENCY reserves the right to require a reimbursement of the payments noted above, if the Grant Project Status Reports are not submitted, are not complete or do not include adequate attached documentation that can verify spending. The AGENCY must provide the RECIPIENT with a written explanation of the business reasons to delay, alter, or reject payments that have been invoiced to the AGENCY. The RECIPIENT has three (3) business days after such AGENCY communication to respond to address the item(s) of concern. The AGENCY is to communicate a final review within three (3) business days of such RECIPIENT response. b. Provide additional reports and/or information as requested. 4. FUNDS MANAGEMENT The RECIPIENT agrees that funds paid through this contract shall be accounted for in a separate fund and accounting structure within the RECIPIENT’s central accounting and grant management system. The RECIPIENT agrees to manage all accounts payable disbursements, check register disbursements and related transactions in a detailed manner that supports fully transparent accounting of all financ ial transactions associated with this funding allocations described in Section 3 above. Expenditures for travel mileage, meals, lodging and other travel expenses incurred in the performance of this Contract shall not be eligible under this contract. International travel shall not be eligible under this Contract. If eligible, the Recipient and all subrecipients shall: (a) ask the North Carolina Department of Revenue for a refund of all sales and use taxes paid by them in the performance of this Contract, pursuant to N.C.G.S. 105-164.14; and (b) exclude all refundable sales and use taxes from all reportable expenditures before the expenses are entered in their quarterly project status reports. 5. POST-GRANT AWARD DOCUMENTATION REQUIREMENTS RECIPIENT shall comply with all rules and reporting requirements established by the requirements of 9 N.C.A.C. Subchapter 3M.0205. The RECIPIENT agrees that it will file and submit the final ATTACHMENT F to the AGENCY using the upload link provided at https://ncosbm.sharefile.com/share/getinfo/r2d709de9f9a47889 no later than January 30, 2021 or within forty-five (45) days of final expenditure date, whichever is earlier. The above noted reports shall include RECIPIENT reporting information related to the above noted quantitative results and accomplishments. RECIPIENT agrees that all program activity results information reported shall be subject to review and authentication as described in Paragraph 7 and RECIPIENT will provide access to work papers, receipts, invoices and reporting records, if requested by the AGENCY, as the AGENCY executes any audit internal audit responsibilities. OSBM/NCPRO – Agreement Page 3 of 7 DocuSign Envelope ID: A0668E2C-EC33-465B-A5EE-E1302408AA65