Accountability for Funds. 1. The Contractor shall maintain accounting records for funds received under the terms and conditions of this Agreement. These records shall be separate from those for any other funds administered by the Contractor and shall be maintained in accordance with Generally Accepted Accounting Principles and Procedures.
Accountability for Funds. A. The Grantee shall maintain accounting records for funds received under the terms and conditions of this Agreement. These records shall be separate from those for any other funds administered by the Grantee, and shall be maintained in accordance with Generally Accepted Accounting Principles and Procedures.
Accountability for Funds. 1. The Contractor shall maintain accounting records for funds received under the terms and conditions of this Agreement. These records shall be separate from those for any other funds administered by the Contractor, and shall be maintained in accordance with Generally Accepted Accounting Principles and Procedures and the Office of Management and Budget’s (OMB) Uniform Administrative Requirements, Cost Principles, and Audit Requirements for HHS Awards. [45 CFR 75]
Accountability for Funds. All funds shall be accounted for according to generally accepted government accounting principles.
Accountability for Funds. The Trustee shall not be accountable for the use of any of the proceeds of such Bonds except the portion thereof deposited with the Trustee, and the Trustee shall not be liable for any loss from the investment (made in accordance with the terms of this Indenture) of any funds it holds pursuant to this Indenture.
Accountability for Funds. All funds shall be accounted for according to generally acceptable accounting principles. A report on all receipts and disbursements shall be forwarded to the COMMISSION on an annual basis. The parties have the authority to request reports pertaining to any and all budgeting and accounting services. All interest earned from established COMMISSION funds shall be credited back to that same fund.
Accountability for Funds. All funds shall be strictly accounted for according to generally accepted accounting principles. Anoka County shall report to the Advisory Board at least annually on all receipts and disbursements related to this Agreement.
Accountability for Funds. All funds shall be strictly accounted for according to generally accepted accounting principles. The Operations Partner shall report to the Executive Board and Olmsted County monthly on all receipts and disbursements related to this Agreement; including, but not limited to, contributions from Sponsoring Agencies, third-party revenue, grant funds, and donations.
Accountability for Funds. All funds in the MELSA library fund shall be accounted for according to generally accepted accounting principles. The Secretary/Treasurer shall report monthly to the Board on all receipts to and disbursements from the MELSA library fund and shall make it available to all Members and their library boards.
Accountability for Funds. The Contractor agrees to receive, administer, disburse and account for WIOA funds and such property as may be acquired, or placed under its control in accordance with all applicable local, state, and federal requirements. The Contractor will be accountable for the expenditure of said funds for disallowed costs. The Board will notify the VCCS of any possibility of disallowed costs incurred by its Contractors/subcontractors. In the event the Board finds that disallowed costs have been incurred and repayment from the Contractor is required and the Contractor does not timely object to such finding, the Board shall pursue cash repayment or may, with the consent of the VCCS, off-set the disallowed cost with other, allowable costs. The Board will not forgo collection without the written approval of VCCS. Repayment by the Contractor will not be by, or from, federal funds.
