6.F.(2) Tech Dev Grant Fund Grant Agreement

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PRO]ECT LD.: 401499 (J.) Failure to complete the Project and expend state, focal and/or private funds in accordance with this Agreement may be considered a material breach of the Agreement and shall entitle the State to impose sanctions against the Grantee including, but not limited to, suspension of all grant payments, andlor suspension of the Grantee's participation in State grant programs until such time as all material breaches are cured to the State's satisfaction. Sanctions may also include repayment of all Grantee funds and all funds from the State of Indiana, whether or not they are held or were expended for this Project or accounted for in the Budget. (K.) All payments shall be made in arrears in accordance with State fiscal policies and procedures and, as required by Indiana Code § 4-13-2-14.8 by electronic funds transfer to the financial institution designated by the Grantee in writing unless a specifc waiver has been obtained from the Auditor of the State, notwithstanding any other law, rule or custom to the contrary. The written authorization must designate a financial institution and an account number to which all payments are to be credited. For forms and additional information see the Auditor of State's website at www.in.govlauditor/forms. No payments will be made in advance of receipt of the goods or services that are the subject of this Agreement except as permitted by Indiana Code § 4-13-2-20 or by Indiana Code § 5-28-8. 6. ACCESS TO RECORDS: (A.) Grantee and its permitted subgrantees or subcontractors, if any, shall maintain all books, documents, papers, accounting records, and other evidence pertaining to costs incurred under this Agreement ("Records"), for inspection by the Grantor, the State of Indiana or by any of their respective authorized representatives, and reasonable requests for copies thereof shall be furnished to the Grantor and the State of Indiana if requested. Grantee and its permitted subgrantees, if any, shall make all Records available at their respective offices at all reasonable times during the Term of this Agreement and for three (3) years from the date of final payment under this Agreement or until a state or federal audit has been completed and all audit exceptions cleared, whichever is earlier. (B.) If the Grantor determines that fraud or other criminal misconduct has occurred with disbursements made to Grantee (including any subgranted to the Sponsor), the Grantor will consider Grantee in default and will terminate this Agreement in accordance with Paragraph 20. Grantee will be responsible for reimbursement to the Grantor of the full amount granted to Grantee at the time of the termination. (C.) The Grantor and authorized representatives and staff of the Grantor have the right, at all reasonable times, to make site visits to: (1) review Project accomplishments and to confer with principals of the Grantee and permitted subgrantees, if any; (2) to audit Records and management control systems; and (3) to provide such technical assistance as may be required. If any site visit is made on the premises of Grantee or any subgrantee or contractor under this Agreement, Grantee shall provide and shall require its subgrantees and contractors to provide all reasonable facilities and assistance for the safety and convenience of the Grantor or its representatives in the performance of their duties. All site visits and evaluations shall be performed in such a manner that will not unduly delay the Grantee's operations or work on the Project. Grantee will be given at least one (1) week prior notice before any site visit. 7. PROJECT BUDGET AND BUDGET MODIFICATION: The Project budget is set forth as Exhibit B of this Agreement (the "Budget"). The Grantee shall not spend more than the amount for each line item, as described in Budget, without the prior written consent of a duly authorized representative of the State, nor shall the Project costs funded by the grant and those funded by the local and/or private share be amended without prior written consent of the State. 8. STATUTORY AUTHORITY OF GRANTEE: PAGE 4 of 12