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<br /> <br />17 <br />Revised 9/8/2021 <br />debarment and suspension regulations implementing Executive Orders 12549 and 12689 at 2 <br />CFR parts 180 and 376. These regulations restrict awards, subawards and contrac ts with <br />certain parties that are debarred, suspended or otherwise excluded from or ine ligible for <br />participation in Federal assistance programs or activities. <br /> <br />35. Termination. CMS may terminate this grant agreement, or any part hereof, if the Recipient <br />materially fails to comply with the terms and conditions of this award, or provisions of law <br />pertaining to agreement performance. Materially fails includes, but is not limited to, violation <br />of the terms and conditions of the award; failure to perform award activities in a satisfactory <br />manner; improper management or use of award funds; or fraud, waste, abuse, <br />mismanagement, or criminal activity. In addition, CMS may terminate this award if the <br />Recipient fails to provide the Government, upon request, with adequate written and signed <br />assurances of future performance. CMS will promptly notify the Recipient in writing of such <br />termination and the reasons for it, together with the effective date. Recipient may terminate <br />this award as set forth in 45 CFR §75.372, Termination . <br /> <br />36. Bankruptcy. In the event the Recipient or one of its subrecipients enters into proceedings <br />relating to bankruptcy, whether voluntary or involuntary, the Recipient agrees to provide <br />written notice of the bankruptcy to the CMS Grants Management Specialist and CMS P roject <br />Officer (PO). This written notice shall be furnished within five (5) days of the initiation of the <br />proceedings r elating to bankruptcy filing and sent to the CMS Grants Management Specialist <br />and PO. This notice shall include the date on which the bankruptcy petition was filed, the <br />identity of the court in which the bankruptcy petition was filed, a copy of any and all of the <br />legal pleadings, and a listing of Government grant and cooperative agreement number s and <br />grant offices for all Government grants and cooperative agreements against which final <br />payment has not been made. <br /> <br />37. Disposition of Federally Owned Property, Equipment, and Residual Unused Supplies . <br />Upon completion (or early termination) of a project, Recipient must take a ppropriate <br />disposition actions. Recipients of funding from CMS should proceed in accordanc e with the <br />guidance provided within this term and condition. <br /> <br />Recipient must complete and submit the SF-428-B Tangible Personal Property Report, <br />Final Report (also see Standard Term and Condition #12, Reporting Requirements). The <br />Tangible Personal Property Report (SF-428) is a standard form to be used by awarding <br />agencies to collect information related to tangible personal property when re quired by a <br />Federal financial assistance award. This form allows recipients to request specific disposition <br />of federally-owned property and acquired equipment. This form also provides a means for <br />calculating and transmitting appropriate compensation to CMS for residual unus ed supplies . <br />As noted in 1.b of this report, if your agency is in possession of Federally-owned property or <br />acquired equipment (defined as nonexpe ndable personal property with an acquisition cost of <br />$5,000 or more under the award), you must also submit a SF-428-S, Supplemental Sheet , that <br />lists and reports on all Federally-owned or acquired equipment under the specific grant or <br />cooperative agreement award. If there is no tangible personal property to report, select “d.” in <br />section 1 of the SF-428-B and indicate “none of the above.” Recipient must request specific <br />disposition instructions from CMS if the Recipient has federally-owned property or if the <br />following guidance is insufficient for the Recipient to properly complete dispos ition. <br /> <br />DocuSign Envelope ID: 7832B0E4-F34E-430E-A3C2-1A6A14F29307