09/23/1996 Council Packet - Laserfiche WebLink

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performance reports required by USDA under 7 CFR parts 3016.40 and 3016.41. 2. Subgrantee shall keep an up-to-date work status record for work undertaken to complete the project. 3. Subgrantee shall maintain complete, accurate, and separate financial records for all work undertaken, which adequately identify the source and application of funds provided by this Agreement. These records must contain information pertaining to this Subgrant award and authorizations, obligations, unobligated balances, assets, liabilities, outlays or expenditures, and income as these terms are defined in 7 CFR part 3016. The records must provide verification of any in-kind contributions counting toward satisfying a match and show how the value of any third party contribution was derived. A written narrative explanation shall describe all variations from estimated cost. Allowability and valuation of costs, third party in-kind contributions, volunteer services and other items qualifying towards Subgrantee's match or cost share are determined by 7 CFR 3016.24. For accounting purposes, project costs shall be subdivided into the following categories: personnel, fringe benefits, travel, equipment, supplies, contractual, and indirect charges. The records shall show whether the source of payment for each type of enumerated cost is federal, Subgrantee, in-kind, or other. Except as provided in 7 CFR part 3016.24, allowable costs shall be as determined in OMB Circular A-87. D. Costs: 1. Subgrantee shall use all grant funds disbursed to it under this Subgrant exclusively for the work outlined in the Subgrantee's Oak Wilt Control Plan and Project Proposal which is made a part of this agreement. In the event that Subgrantee's machinery is used on the project, its allowable cost shall be the actual cost of operating its equipment. 2. Grantor's liability shall not exceed the total amount of the Subgrant and is subject to the availability of funds. In the event of a general unallotment or percentage reduction of funds, unless directed by USFS, the Governor, Legislature, or other law, the remaining Subgrant funds available shall be reduced no more than the percentage reduction applied to the Minnesota Department of Natural Resources' Division of Forestry Budget. E. Non -Discrimination 1. Subgrantee and its contractors shall conform with and agree to the provisions of Minn. Stat. 181.59 which prohibits discrimination in the hiring of labor by reason of race, creed, or color. Therefore Subgrantee