Monitor. City will monitor Subrecipient’s ongoing activities and performance (and any of its subcontractors) while under construction, as necessary, but no less than annually. Monitoring may include all phases and aspects of Subrecipient’s performance to determine the adequacy of Subrecipient’s records and accounts, compliance with this Agreement and the Applicable Laws and Regulations (as defined herein). On annual basis, in accordance with 31 CFR § 35.10(a)(2), Subrecipient shall calculate and report to the City if it uses any portion of the Funds in violation of 31 CFR §§ 35.6 or 35.7.
Appears in 3 contracts
Sources: Subrecipient Agreement, Subrecipient Agreement, Subrecipient Agreement