Financial Management Records Sample Clauses

Financial Management Records. Financial records shall identify adequately the source and application of funds for activities within this Contract, in accordance with the provisions of 24 CFR § 85.20 and the OMB Circular A-87 for governmental agencies, 24 CFR § 84.21 and OMB Circular A-122 for Nonprofit Corporations. These records shall contain information pertaining to grant awards and authorizations, obligations, unobligated balances, assets, liabilities, outlays and income.
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Financial Management Records. The SUBRECIPIENT shall maintain financial records in accordance with the applicable requirements listed in Sec. 570.502, including source documentation. The project file must document how the CDBG funds are expended. Such documentation must include, to the extent applicable: • Invoices with supporting documentation • Evidence that adequate procurement practices were in place and followed • Schedules containing comparisons of budgeted amounts and actual expenditures, • Construction progress schedules signed by appropriate parties (e.g., general contractor and/or a project architect), if applicable • Other documentation appropriate to the nature of the activity National Objective Compliance - Low Mod Housing Activities (LMH) - Owner The SUBRECIPIENT shall maintain records for each household, including: • The total cost of the activity, including both CDBG and non-CDBG funds. • a determination of beneficiary's household size and estimated annual income (as defined under the 24 CFR 5.609) completed and signed by the SUBRECIPIENT supported by documentation such as pay stubs and other accepted forms of income verification. SUBRECIPIENT shall ensure the CDBG grant and program income funds provided by GRANTEE are clearly identified as a subaward and include the following information: • SUBRECIPIENT NAME: Self-Help Enterprises • Subrecipient ID (DUNS): 056179906 • State Award Identification Number: • State Award Date: • Period of Performance: • Funds Obligated by this Agreement: CDBG CV-1 Grant and Program Income • Total Funds Obligated to SUBRECIPIENT: $104,194 • Total Amount of the Award: $314,194 • Award project description: See Exhibit A - Scope of Work • Name of awarding agency: CA Dept. of Housing and Community Development • Name of pass-through entity: City of Coalinga, California • Award Official Contact Information: See Section 18 - Notices • CFDA Number: • CFDA Name: Community Development Block Grant • Identification of R&D: No • Indirect cost rate for the Federal award: 21.97% EXHIBIT B PROPOSED BUDGET # Line Item Approved Budget 1 Salaries $6,100 2 Fringe Benefits $2,013 3 Professional Services $250 4 Supplies & Equipment $450 5 Rent / Lease / Utilities $850 6 Utilities / Telephone $850 7 Mileage / Transportation $500 8 Other: Indirect Cost Rate (approved 21.97%) $1,782 9 Other: Education & Outreach $750 10 Other: Subsistence Payments $90,649 TOTAL $104,194 EXHIBIT C INSURANCE REQUIREMENTS Agreement between City of Coalinga (“CITY”) and Self-Help Enterp...
Sample 1

Related to Financial Management Records

  • Financial Management (a) The Recipient shall ensure that a financial management system is maintained in accordance with the provisions of Section 2.09 of the Standard Conditions.

  • Financial Management; Financial Reports; Audits 1. The Recipient shall ensure that a financial management system is maintained in accordance with the provisions of Section 2.07 of the Standard Conditions.

  • Financial Management, Financial Reports and Audits 1. The Recipient shall maintain or cause to be maintained a financial management system in accordance with the provisions of Section 4.09 of the General Conditions.

  • Medical Records Medical records relating to Trial Subjects that are not submitted to Sponsor may include some of the same information as is included in Trial Data; however, Sponsor makes no claim of ownership to those documents or the information they contain. c.

  • Records Management Records the Provider must keep

  • Asset Management Supplier will: i) maintain an asset inventory of all media and equipment where Accenture Data is stored. Access to such media and equipment will be restricted to authorized Personnel; ii) classify Accenture Data so that it is properly identified and access to it is appropriately restricted; iii) maintain an acceptable use policy with restrictions on printing Accenture Data and procedures for appropriately disposing of printed materials that contain Accenture Data when such data is no longer needed under the Agreement; iv) maintain an appropriate approval process whereby Supplier’s approval is required prior to its Personnel storing Accenture Data on portable devices, remotely accessing Accenture Data, or processing such data outside of Supplier facilities. If remote access is approved, Personnel will use multi-factor authentication, which may include the use of smart cards with certificates, One Time Password (OTP) tokens, and biometrics.

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