Orange County NC Website
Browse       Search
7 <br /> The Agency has determined that Grantee is a government agency and is not subject to N.C.G.S. § <br /> 143C-6-23(c). Therefore,the Grantee is not required to file a Statement of No Overdue Tax Debts with <br /> the Agency prior to disbursement of funds. <br /> VII. Reversion of Unexpended Funds: <br /> Any unexpended grant funds shall revert to the Agency upon termination of this Contract. <br /> VIII. Reporting Requirements: <br /> (1) Agency: <br /> The grantee shall provide the Agency with progress reports,both financial and <br /> programmatic. The following is based upon the Agency contract with the grantee being <br /> two years in time. <br /> For grant awards of less than$250,000,reports are due semi-annually. Refer to the table <br /> below for the reporting period and due dates for progress and budget reports: <br /> Contract Year Reporting Period Report Due Dates <br /> Year 1 October 1 —March 31 Aril 10 <br /> Year 1 Aril 1 —September 30 October 10 <br /> Year 2 October 1 —March 31 Aril 10 <br /> Year 2 Aril 1 —September 30 October 10 <br /> For grant awards of$250,000 or more,reports are due quarterly. Refer to the table below <br /> for the reporting period and due dates for progress and budget reports: <br /> Contract Year Reporting Period Report Due Dates <br /> Year 1 October 1 —December 31 January 10 <br /> Year 1 January 1 —March 31 Aril 10 <br /> Year 1 Aril 1 —June 30 July 10 <br /> Year 1 Jul 1 —Se tember 30 October 10 <br /> Year 2 October 1 —December 31 January 10 <br /> Year 2 January 1 —March 31 Aril 10 <br /> Year 2 Aril 1 —June 30 July 10 <br /> Year 2 Jul 1 —September 30 October 10 <br /> IX. Payment Provisions: <br /> The grantee shall provide the Agency with the appropriate reimbursement request (downloadable at <br /> www.ncadfp.org) and required documentation of performance and expenditures for associated grant <br /> reimbursement. Upon approval by the Agency,payment shall be made within 30 days.Ten percent(10%)of <br /> the total funds awarded under this Contract shall be retained by the Agency until both the final performance <br /> and financial reports are submitted by the Grantee and approved by the Agency.All payments are subject to <br /> the availability of funds. <br /> The Grantee shall expend funds in accordance with G.S. 143C-6-23(fl)(f2)0).The Grantee shall account <br /> for any income earned, which may result from any funds awarded under this Contract, on the Agency <br /> "Request for Reimbursement"form. Eligible uses of income earned are: <br /> NCDA&CS(State Funds Govt Contract Cover)Rev. 7/14;12/14; 8/17;4/2022 Page 2 of 7 <br /> V.4 2022 <br />