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<br /> <br />Hazard Mitigation Page 12 FEMA-DR-4393-0042 Orange County <br />Grant Agreement <br />further or subsequent default by the RECIPIENT/ SUBGRANTEE. Any <br />power of approval or disapproval granted to the AGENCY/ GRANTEE <br />under the terms of this Agreement shall survive the terms and life of this <br />agreement as a whole. <br /> <br />(14) AUDIT REQUIREMENTS <br /> <br />(a) If applicable, RECIPIENT/SUBGRANTEE shall provide the following <br />completed documentation to the AGENCY/GRANTEE: <br /> <br /> Designation of Applicant’s Agent; <br /> State-Applicant Disaster Assistance Agreement; <br /> Private Non-Profit Organization Certification (if required); <br /> Summary of Documentation Form itemizing actual costs expended for <br />large project payment requests; <br /> Monthly Progress Reports; <br /> Hard copies of Single Audit Reports within 60 days of close of fiscal <br />year. <br /> <br />If the RECIPENT/SUBGRANTEE fails to provide any of the <br />documentation discussed or requested in this Agreement, the AGENCY/ <br />GRANTEE will be under no obligation to reimburse the RECIPIENT/ <br />SUBGRANTEE for eligible expenses. <br /> <br />(b) The RECIPIENT /SUBGRANTEE agrees to maintain financial procedures <br />and support documents and to establish and maintain a proper accounting <br />system to record expenditures of disaster assistance funds in accordance <br />with generally accepted accounting principles or as directed by the <br />Governor’s Authorized Representative, to account for the receipt and <br />expenditure of funds under this Agreement. If applicable, RECIPIENT/ <br />SUBGRANTEE shall conduct audit(s) pursuant to the Single Audit Act of <br />1984, 31 U.S.C. §7501 et. seq., 44 C.F.R. Part 14, OMB Circular A-133, <br />"Audits of States, Local Governments, and Non-profit Organizations," for <br />awards prior to December 26, 2014, 2 C.F.R. Part 200 and applicable <br />North Carolina laws, rules and regulations. Further, <br />RECIPIENT/SUBGRANTEE must provide a hard copy of the Single Audit <br />Report within sixty (60) days of the close of its fiscal year. Otherwise, <br />pursuant to 2 CFR 200.338, the AGENCY/GRANTEE may withhold or <br />suspend payments under any grant award. <br /> <br />(c) These records shall be available at all reasonable times for inspection, <br />review, or audit by the N.C. State Auditor and other personnel duly <br />authorized by the AGENCY/GRANTEE. "Reasonable" shall be construed <br />according to circumstances, but ordinarily shall mean normal business <br />DocuSign Envelope ID: 26D0940B-F66D-4866-9C70-60056804E991DocuSign Envelope ID: B94E5F6B-897F-4461-A479-96F4BF459906DocuSign Envelope ID: 72D7F019-9C12-4921-8125-FCF8032A7011