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<br />15 <br /> <br />c. The grantee agrees that the state or designated representative shall have <br />the right to review and to copy any records and supporting documentation <br />pertaining to the performance of the Standard Agreement; <br />d. The grantee agrees to maintain such records for possible audit for a <br />minimum of three (3) years after final payment, unless a longer period of <br />records retention is stipulated; <br />e. Subcontractors employed by the grantee and paid with moneys under the <br />terms of this Standard Agreement shall be responsible for maintaining <br />accounting records as specified above; <br />f. At any time during the term of the Standard Agreement, the Department <br />may perform or cause to be performed a financial audit of any and all <br />phases of the award. At the Department’s request, the awardee shall <br />provide, at its own expense, a financial audit prepared by a certified public <br />accountant. The State of California has the right to review project <br />documents and conduct audits during project implementation and over the <br />project life; <br />g. The Department may request additional information, as needed, to meet <br />other applicable audit requirements; <br />h. The Department may monitor expenditures and activities of an applicant, as <br />the Department deems necessary, to ensure compliance with REAP <br />requirements; and <br />i. Applicants using federal or state transportation planning funds administered <br />through the OWP shall clearly identify the source of funds. <br /> <br />4. Remedies of Nonperformance <br />a. In the event that it is determined, at the sole discretion of the state, that <br />the grantee is not meeting the terms and conditions of the Standard <br />Agreement, immediately upon receiving a written notice from the <br />Department to stop work, the grantee shall cease all work under the <br />Standard Agreement. The Department has the sole discretion to <br />determine that the grantee meets the terms and conditions after a stop <br />work order, and to deliver a written notice to the grantee to resume work <br />under the Standard Agreement; <br />b. Both the grantee and the Department have the right to terminate the <br />Standard Agreement at any time upon 30 days written notice. The notice <br />shall specify the reason for early termination and may permit the grantee <br />or the Department to rectify any deficiency(ies) prior to the early <br />termination date. The grantee will submit any requested documents to <br />the Department within 30 days of the early termination notice; <br />c. There must be a strong implementation component for the funded <br />activity through REAP, including, where appropriate, agreement by the <br />Locality to formally adopt the completed planning document. Localities <br />that do not formally adopt the funded activity could be subject to <br />repayment of the grant; and <br />d. The Department may, as it deems appropriate or necessary, request the <br />repayment of funds from an applicant, or pursue any other remedies <br />available to it by law for failure to comply with program requirements. <br /> <br />5. Reporting <br />DocuSign Envelope ID: 8A67B327-8D8D-41F3-A9AA-0E6612310575