Reporting requirements shall include both programming and financial reports and will include but not limited to the following: 1. Invoices for services and related expenses SHALL BE BILLED BI-MONTHLY. Invoices are due by the 30th of the odd month for the two months prior. For contracts beginning July 1, the first invoice will be due in September. 2. WIOA does not require the use of accrual accounting; however, accrual accounting is required and must be included on all invoices for reimbursement. 3. The contractor shall maintain sufficient documentation on file in their offices to support invoices and make such documentation available for review by authorized WDB staff or their auditors. The contractor will be required to attach detailed documentation to support invoice costs. 4. Reporting administration costs separate from Program Costs consistent with federal cash management policies and procedures. 5. A monthly youth count for active participants is due on the 1st of each month for the previous month. This information is to be emailed to the contract manager. 6. WDB reserves the right to adjust reporting requirements, upon mutual agreement with the contractor, if such adjustments are deemed necessary to meet program objectives. 7. Contractors must maintain hard copies in compliance with rules and regulations, and WDB procedures and policies. 8. Contractors must comply with all established reporting and invoicing requirements, ensuring accurate and timely submissions (see item J, corrective action).
