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C <br />Annual Expenditures <br />• Less than $25.000 in <br />State or Federal funds <br />Greater than $25,000 <br />and less that $500,000 <br />in State or Federal Funds <br />$500,000-1- in State funds <br />and Federal pass through <br />in an amount less than <br />$500,000 <br />t <br />• $500,000+ in State funds <br />and $500,000-1- in Federal <br />pass through funds (i.c. <br />at least $1,000,000) <br />Less than $500,000 in State <br />funds and $500,000-} in <br />Federal pass through funds <br />0 <br />Report Required to AAA Allowable Cost for Reporting <br />Certification Form and State N/A <br />Grants Compliance Re- <br />porting <$25,000 (item # 11, <br />Activities and Accomplishments <br />does not have to be completed) <br />Certification form and Schedule of <br />Grantee Receipts >$25,000 and <br />Schedule of Receipts and Expendi- <br />tures <br />N/A <br />Audited Financial Statement in <br />compliance with GAO/GAS (i.e. <br />Yellow Book) <br />Audited Financial Statement in <br />compliance with OMB Circular <br />A-133 (i.e. Single Audit) <br />Audited Financial Statement in <br />compliance with OMB Circular <br />A-133 (i.e. Single Audit) <br />May use State funds, but <br />not Federal Funds <br />May use State and Federal <br />funds <br />May use Federal funds, <br />but not State funds. <br />25. AudiUAssessment Resolutions and Disallowed Costs. It is further understood that the Agency <br />is responsible to the Area Agency for clarifying any audit exceptions that may arise from any <br />assessment, agency single or financial audit, or audits conducted by the State or Federal <br />Goverrunents. In the event the Area Agency or the North Carolina Department of Health and <br />Human Services disallows any expenditure of grant funds made by the Agency for any reason, <br />the Agency shall promptly reimburse such funds to the Area Agency. The Area Agency may <br />also withhold future payments under this or any other contract with the Agency until the audit <br />exceptions are cleared. <br />031 <br />26. Indemnity. The Agency agrees to indemnify and save harmless the Area Agency, its agents and <br />employees fiom and against any and all loss, cost, damages, expense and liability caused by the <br />failure of the Agency to fully perform its obligation under this agreement and in accordance <br />with its terms. <br />27. Changes. The Area Agency may require changes in the work and set-vices that the Agency is to <br />perform hereunder. Such changes, including any increase or decrease in the amount of the <br />Agency's compensation, which are mutually agreed upon by and between the Area Agency and <br />the Agency, shall be incorporated in written amendments to this contract. <br />6of8 <br />