Year 2010 temporary budget to make available the ... - Jersey City

6. Purchases
C) The City may send a representative to evaluate the performance of the
Subgrantee under this contract anytime. The Sub
grantee agrees to cooperate
with any and all evaluations. and to provide the City with any inormation,
reports or data required.
A) All purchases and contracts in the amount of $500.00 or more must be
evidenced by three quotations which should be maintained on file in the
Subgrantee's office.
B) All purchases of equipment must receive wrtten approval from the City prior
to makng the actual. purchase.
C) Contracts for consultants or professional services must be approved by the
City prior to obtaining the services.
D) Over- expenditues, within any line item (s) in the budget (s), will be denied.
E) The Subgrantee must have a written letter of approval from the City prior to
any modifications.
7. Compliance Regarding audits and Inspections '
At anytime during the normal business hours, and as often as the City may deem
necessary, there shall be made available to the City, all of the Subgrantee's records
with respect to all matters covered by ths Agreement. The Subgrantee will permit
the City to audit, examne and make excerpts or transcripts.
Effective ths fiscal years beginng on or afer July 1, 1996, the following audit
requirements are applicable:
A) A single audit is required if the subgrantee receives at least
$300,000.00 in awards from any grant source through the City of
Jersey City durng their fiscal year, beginng after June 30, 1996.
Ths report is to be submitted with nine (9) months of the end of
the period audited.