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foregoing, IHCDA, NeighborWorks America, or the authorized representative, agent or third -party <br />contractor of either entity rights to site, document and personnel access for evaluation purposes are not <br />limited to the required retention period, but shall last as long as records are retained. <br />Assignment; Successors. <br />The Contractor binds its successors and assignees to all the terms and conditions of this Contract. The <br />Contractor shall not assign or subcontract the whole or any part of this Contract without IHCDA's prior <br />written consent. The Contractor may assign its right to receive payments to such third parties as <br />the Contractor may desire without the prior written consent of IHCDA, provided that the Contractor <br />gives written notice (including evidence of such assignment) to IHCDA thirty (30) days in advance of <br />any payment so assigned. The assignment shall cover all unpaid amounts under this Contract and shall <br />not be made to more than one party. <br />AssiLynment of Antitrust Claims. <br />As part of the consideration for the award of this Contract, the Contractor assigns to IHCDA all right, <br />title, and interest in and to any claims the Contractor now has, or may acquire, under state or federal <br />antitrust laws relating to the products or services which are the subject of this Contract. <br />Audits. <br />Contractor shall comply with 2 CFR 200, as applicable. If the Contractor expends $750,000 or more <br />in federal awards during the Contract's fiscal year, it must submit its single audit to the IHCDA within <br />the earlier of thirty (30) days after receipt of the auditor's report(s), or nine (9) months after the end <br />of the audit period. According to NFMC guidance, Contractor must have completed an independent <br />audit within nine months of the completion of its most recent fiscal year. If Contractor has revenues <br />less than $300,000 annually and receives less than $25,000 in NFMC funding, the Contractor may <br />submit a Review Statement or Compilation Statement in lieu of independent audited financial <br />statements. <br />Authoritv to Bind Contractor. <br />The signatory for the Contractor represents that he/she has been duly authorized by Contractor to <br />execute this Contract on behalf of the Contractor and has obtained all necessary or applicable approvals <br />to make this Contract fully binding upon the Contractor when his/her signature is affixed, and accepted <br />by IHCDA. <br />Chances in Work. <br />The Contractor shall not commence any additional work or change the scope of the work until <br />authorized in writing by IHCDA. The Contractor shall make no claim for additional compensation <br />in the absence of a prior written approval and amendment executed by all signatories hereto. This <br />Contract may only be amended, supplemented or modified by a written document executed in the same <br />manner as this Contract. <br />Compliance with Laws. <br />The Contractor shall comply with all applicable federal, state, and local laws, rules, regulations, and <br />ordinances, standards and guidelines including the requirements set forth in the National Foreclosure <br />Mitigation Counseling ("NFMC") Program FINAL Funding Announcement issued on December 1, <br />{00028595-1) <br />Page 2 of 39 <br />