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Docusign Envelope ID:OE38C765-2C74-4C4A-9A16-40FFB7FB8521 <br /> TERMINATION OF PROJECT <br /> If the County decides to terminate the Project without the concurrence of the Department, the <br /> County shall reimburse the Department one hundred percent(100%)of all costs expended by the <br /> Department and associated with the Project. <br /> AUDITS <br /> In accordance with 2 CFR 200 "Uniform Administrative Requirements, Cost Principles, and Audit <br /> Requirements for Federal Awards," Subpart F—Audit Requirements, and the Federal Single <br /> Audit Act Amendments of 1996, the County shall arrange for an annual independent financial and <br /> compliance audit of its fiscal operations. The County shall furnish the Department with a copy of <br /> the annual independent audit report within thirty(30) days of completion of the report, but not <br /> later than nine (9) months after the County's fiscal year ends. <br /> REIMBURSEMENT BY COUNTY <br /> For all monies due the Department as referenced in this Agreement, reimbursement shall be <br /> made by the County to the Department within sixty (60) days of receiving an invoice. A late <br /> payment penalty and interest shall be charged on any unpaid balance due in accordance with <br /> NCGS 147-86.23. <br /> USE OF POWELL BILL FUNDS <br /> If the other party to this agreement is a Municipality and fails for any reason to reimburse the <br /> Department in accordance with the provisions for payment hereinabove provided, NCGS 136- <br /> 41.3 authorizes the Department to withhold so much of the Municipality's share of funds allocated <br /> to Municipality by NCGS 136-41.1, until such time as the Department has received payment in <br /> full. <br /> ENTIRE AGREEMENT <br /> This Agreement contains the entire agreement between the parties and there are no <br /> understandings or agreements, verbal or otherwise, regarding this Agreement except as <br /> expressly set forth herein. <br /> Agreement ID# 13096 20 <br />