Res 1996-183 - Laserfiche WebLink

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. §7(f encumbered by the last day of the applicable Attachment term must be liquidated no later than 45 days after the end of , the applicable Attachment term. Effective July 1, 1996, each PERFORMING AGENCY/AUTHORIZED CONTRACTING ENTITY receiving $300,000 or more in total federal/state financial assistance during its fiscal year shall arrange for a financial and compliance audit of the PERFORMING AGENCY's/AUTHORIZED CONTRACTING ENTITY's fiscal year. The audit must be conducted by an independent CPA and must be in accordance with the applicable OMB Circulars, Government Auditing Standards, and UGCMS. For the purposes of this conttact, the audit provisions of OMB Circular A-133 shall apply to for-profit contractiDg entities. Procurement of audit services will comply with state procurement procedures, as well as the provisions of UGCMS. -- i If PERFORMING AGENCY is receiving less that $300,000 in total federal/state financial assistance during their fiscal ! year, RECEIVING AGENCY will provide PERFORMING AGENCY written audit requirements. I OMB Circulars shall be applied with the following modifications: All references to "Federal Grantor Agency(ies)" shall be expanded to read "Federal or State Grantor Agency(ies)." All references to "Federal Grant Funds" or "Federal Assistance" shall be expanded to read "Federal and State Assistance;" "Federal Law" shall be expanded to read "Federal or State Law;" and all references to "Federal Government" shall be expanded to read "Federal or State Government," as applicable. ,- . Within 30 days ofreceÏpt of the audit report, PERFORMING AGENCY/AUTHORIZED CONTRACTING ENTITY will submit a copy to RECEIVING AGENCY's Internal Audit Division. ARTICLE 11. Overtime C'.ompensation None of the funds provided by this contract will be used to pay overtime. PERFORMING ApENCY will be responsible for any obligations of overtime pay due employees. ARTICLE 12. Terms ann C'.onditiom: of Payment For services satisfactorily performed pursuant to the Scope(s) of Work, PERFORMING AGENCY will receive reimbursement for allowable costs. Reimbursements will not exceed the total of each Attachment(s) hereto and are contingent on a signed contract. Claims for reimbursement will be made on a State of Texas Purchase Voucher (IDH Form B-13). Vouchers for -- reimbursement of actual expenses will be submitted monthly within 20 days following the end of the month covered by , the bill. A make-up claim may be submitted as a final close-out bill not later than 45 days following the end of the applicable Att.acbmeD1: te:rm(s). Advance payment may be requested in accordance with the applicable provisions of this contract. Payments made for approved claims or notice of denial of claims submitted against Attachment(s) to this contract will be mailed not later than 60 days after receipt of monthly vouchers. Payment is considered made on the date postmarked. Any reimbursements made by PERFORMING AGENCY to subconttactors will be made in accordance with Chapter 2251, Texas Government Code. PERFORMING AGENCY may request, in writing, to be placed on Direct Deposit status. If this request is approved by RECENING AGENCY, PERFORMING AGENCY will no longer receive copies of reimbursement vouchers. Fund.ing from this contract will not be used to supplant state or local funds, but PERFORMING AGENCY will use such funds to increase state or local funds currently available to PERFORMING AGENCY for a particular activity. PERFORMING AGENCY further agrees to maintain its current level of support, if any. (Independt!nr) 1997 GENERAL PROVISIONS - Page 5 (5/96)