The Recipient will. (a) work with the Ministry to develop an estimated Management Unit Budget, consistent with the strategic direction of the Program, that is signed off by both the Ministry and Recipient, that is: i. unless otherwise determined by the Ministry, the Recipient will, on or before January 15th of each Year, submit to the Ministry for approval a Management Unit Budget and Investment Schedule for the upcoming field season outlining the planned activities, hectares, projected budget figures and other parameters as requested by the Ministry; and ii. subject to any changes from the Administrator‟s Investment Schedule or the budgetary process, the Management Unit Budget will identify a Recipient‟s expected deliverable Work for the Year which the Recipient is obligated to follow, unless directed otherwise by the Administrator or the Ministry. (b) submit projects in to PINES that include all Work ancillary to the completion of the projects approved in the Work Plan. (c) not exceed the Planned Expenditures for Projects, individually or in the aggregate, except where authorized in writing by the Administrator or except where permitted otherwise under this Agreement, or where such excess is paid by the Recipient from its own resources; (d) obtain and comply with the necessary Authorization Documents, as required, from the applicable government agency or ministry, before commencing any Work under this Agreement; (e) apply all Accountable Advances directly against Eligible Costs; (f) maintain accurate time records, accounting records, journals, documents, invoices, receipts, vouchers and other supporting documents (the “Books of Account”) for the Work, in accordance with cost policies established by the Ministry or the Administrator from time to time in support of all Eligible Costs, Work carried out, and other information as may be necessary or desirable in the Administrator‟s opinion to support the reports, statements or documents submitted to the Administrator under this Agreement. The Recipient will keep the Books of Account at the Recipient‟s main place of business for a period of seven years after the earlier of:
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Sources: Recipient Agreement, Recipient Agreement