Laserfiche WebLink
<br /> ARTICLE 22. Contracts with Subrecipients <br /> <br /> PERFORMING AGENCY may enter into contracts with subrecipients unless restricted or otherwise prohibited in <br /> specific Attachment(s). PERFORMING AGENCY is responsible to RECEIVING AGENCY for the performance <br /> of any subrecipient. <br /> Contracts with subrecipients shall be in writing and must include the following: <br /> . name and address of all parties; <br /> . a detailed description of the services to be provided; <br /> . measurable method and rate of payment and total amount of the contract; <br /> . clearly defined and executable termination clause; <br /> . beginning and ending dates which coincide with the dates of the applicable contract Attachment( s) <br /> or cover a term within the beginning and ending dates of the applicable contract Attachment(s); <br /> . access to inspect the work and the premises on which any of the work is performed, in accordance <br /> with the Reports and Inspections Article contained in this contract; and <br /> . all clauses required by state/federal statutes, executive orders, and their implementing regulations. <br /> PERFORMING AGENCY agrees that all contracts with subrecipients containing a categorical budget shall include <br /> audit requirements referenced in the Allowable Costs and Audit Requirements Article of this contract, as <br /> appropriate. <br /> Prior to entering into an agreement equaling $25,000 or 25% of an Attachment, whichever is greater, <br /> PERFORMING AGENCY shall obtain written approval from RECEIVING AGENCY. <br /> PERFORMING AGENCY shall ensure that: <br /> . all subrecipients are fully aware of the requirements imposed upon them by state/federal statutes <br /> and regulations; <br /> . all subrecipients comply with all fmancial management requirements as defined by RECEIVING <br /> AGENCY and the applicable OMB circulars; <br /> . subrecipients complete required audits; <br /> . an adequate tracking system is maintained to ensure timely receipt of any subrecipient's required <br /> audit reports and the resolution of any findings and questioned costs cited by these reports. <br /> ARTICLE 23. Contracts for Procurement <br /> PERFORMING AGENCY may enter into contracts for procurement unless restricted or otherwise prohibited in <br /> specific Attachment(s). PERFORMING AGENCY agrees that it shall be responsible to RECEIVING AGENCY <br /> for the performance of any subcontracted activity. <br /> Contracts for procurement shall be in writing and must contain the following provisions: <br /> . Administrative, contractual,. or legal remedies in instances where contractors violate or breach <br /> contract terms, and provide for such sanctions and penalties as may be appropriate. (Contracts <br /> other than small purchases.) <br /> (LGS) 1999 GENERAL PROVISIONS Page 13 4/98 <br />