Laserfiche WebLink
<br /> Page 6 of 16 <br />9. Audit <br />If the Grantee is a subrecipient and expends $750,000 or more in federal awards from any and/or all <br />sources in any fiscal year, the Grantee shall procure and pay for a single audit or a program-specific <br />audit for that fiscal year. Upon completion of each audit, the Grantee shall: <br />A. Submit to COMMERCE the reporting package specified in OMB Super Circular 2 CFR 200.501, <br />reports required by the program-specific audit guide (if applicable), and a copy of any management <br />letters issued by the auditor. <br />B. Submit to COMMERCE follow-up and developed corrective action plans for all audit findings. <br />If the Grantee is a subrecipient and expends less than $750,000 in federal awards from any and/or all <br />sources in any fiscal year, the Grantee shall notify COMMERCE they did not meet the single audit <br />requirement. The Grantee shall send all single audit documentation to Federal Audit Clearinghouse. <br />10. Fraud and Other Loss Reporting <br />Contractor/Grantee shall report in writing all known or suspected fraud or other loss of any funds or <br />other property furnished under this Contract immediately or as soon as practicable to the Commerce <br />Representative identified on the Face Sheet. <br />11. Debarment <br />A. Grantee, defined as the primary participant and it principals, certifies by signing these General <br />Terms and Conditions that to the best of its knowledge and belief that they: <br />i. Are not presently debarred, suspended, proposed for debarment, declared ineligible or <br />voluntarily excluded from covered transactions by any Federal department or agency. <br />ii. Have not within a three-year period preceding this Grant, been convicted of or had a civil <br />judgment rendered against them for commission of fraud or a criminal offense in connection <br />with obtaining, attempting to obtain, or performing a public or private agreement or <br />transaction, violation of Federal or State antitrust statutes or commission of embezzlem ent, <br />theft, forgery, bribery, falsification or destruction of records, making false statements, tax <br />evasion, receiving stolen property, making false claims, or obstruction of justice; <br />iii. Are not presently indicted for or otherwise criminally or civilly charged by a governmental <br />entity (Federal, State, or local) with commission of any of the offenses enumerated in <br />paragraph (1)(b) of federal Executive Order 12549; and <br />iv. Have not within a three-year period preceding the signing of this Grant had one or more <br />public transactions (Federal, State, or local) terminated for cause of default. <br />B. Where the Grantee is unable to certify to any of the statements in this Grant, the Grantee shall <br />attach an explanation to this Grant. <br />C. The Grantee agrees by signing this Grant that it shall not knowingly enter into any lower tier covered <br />transaction with a person who is debarred, suspended, declared ineligible, or voluntarily excluded <br />from participation in this covered transaction, unless authorized by COMMERCE. <br />D. The Grantee further agrees by signing this Grant that it will include the clause titled “Certification <br />Regarding Debarment, Suspension, Ineligibility and Voluntary Exclusion -Lower Tier Covered <br />Transaction,” as follows, without modification, in all lower tier covered transactions and in all <br />solicitations for lower tier covered transactions: <br />i. The lower tier Grantee certifies, by signing this Grant that neither it nor its principals is <br />presently debarred, suspended, proposed for debarment, declared ineligible, or voluntarily <br />excluded from participation in this transaction by any Federal department or agency. <br />ii. Where the lower tier Grantee is unable to certify to any of the statements in this Grant, such <br />contractor shall attach an explanation to this Grant.