required in other program areas so as to successfully implement the program. Length and Time Phasing of Assistance: For 1 to 3 years. POST ASSISTANCE REQUIREMENTS: Reports: Financial (quarterly and annually); narrative (semi annually and annually); statistical reports on each client are required. Audits: In accordance with the provisions of OMB Circular No. A-133 (June 30, l997), Audits of States, Local Governments, and Non-Profit Organizations shall be subject to the audit requirements contained in the Single Audit Act Amendments of l996 (31 U.S.C. 7501-7507). Commercial organizations shall be subject to the audit requirements as stipulated in the award document. Records: Documents, papers, and financial records relating to the MBDC are required to remain available to the Federal Government for 3 years from the date of submission of the final financial status report. All financial and programmatic records, supporting documents, statistical reports, and other records of grantees or subgrantees are required to be maintained by the terms of the agreement. The grantee must retain records for three years after completion of the project or submission of the final financial report, whichever is later, and be readily available for inspection and audit. FINANCIAL INFORMATION: 104 Account Identification: 13-0201-0-1-376. Obligations: (Cooperative Agreements) FY 99 $8,498,715; FY 00 est $7,129,370; and FY 01 est $7,559,370.
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