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SUDAWARD NO.001 <br /> recognize only the Sub-Recipient. <br /> 5.4 Sub-Recipient shall assure that each of its subcontractors fully and properly <br /> perform their work under the subcontract. <br /> 5.5 Sub-Recipient agrees that this section does not operate to relieve it of any duty or <br /> liability under this Agreement, nor does it create any duty or liability on the part of City to any <br /> subcontractor. Sub-Recipient shall have sole responsibility for promptly settling any disputes <br /> between subcontractors and between Sub-Recipient and any subcontractor. Upon request of City, <br /> Sub-Recipient shall provide City with information regarding the status of any disputes involving <br /> any of its subcontractors. <br /> 5.6 Sub-Recipient shall pay its subcontractors on a timely basis, for and on account of <br /> work performed by such subcontractors, in accordance with the terms of the respective <br /> subcontracts and in accordance with applicable State and Federal law. Upon written request of <br /> City, Sub-Recipient shall provide City with information regarding the current status of payments <br /> to subcontractors, including the reasons for any non-payment. <br /> VI. ACCOUNTING AND AUDIT RUQUIRUMUNTS <br /> 6.1 In compliance with applicable Federal laws, regulations, and directives <br /> Subrecipient agrees as follows: <br /> (a) Sub-Recipient agrees to establish and maintain for the Project either a <br /> separate set of accounts or separate accounts within the framework of an established <br /> accounting system that can be identified with the Project. Sub-Recipient also agrees to <br /> maintain all checks, payrolls, invoices, contracts, vouchers,orders, or other accounting <br /> documents related in whole or in part to the Project so that they may be clearly identified, <br /> readily accessible, and available to City and FTA upon request and, to the extent feasible, <br /> kept separate from documents not related to the Project. <br /> (b) Funds Received or Made Available for the Project -- Sub-Recipient agrees <br /> to deposit in a financial institution and to record in the Project Account all amounts <br /> provided by the Federal Government for the Project and all other funds provided for, <br /> accruing to, or otherwise received on account of the Project (Project funds) in compliance <br /> with applicable Federal laws, regulations, and directives. <br /> (c) Documentation of Project Costs and Program Income -- Sub-Recipient <br /> agrees to support all costs charged to the Project, including any approved services or <br /> property contributed by the Sub-Recipient or others, with properly executed payrolls, time <br /> records, invoices, contracts,or vouchers describing in detail the nature and propriety of the <br /> charges. Sub-Recipient also agrees to maintain accurate records of all program income <br /> derived from Project implementation. With regard to Project Income, Sub- Recipient <br /> agrees to adhere to the terms and conditions set out in Article VI Il of this Agreement. <br /> (d) Reports to City --Sub-Recipientshall provide for control and accountability <br /> Page 8 of 30 <br />