Page:United States Statutes at Large Volume 107 Part 3.djvu/339

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PUBLIC LAW 103-190—DEC. 14, 1993 107 STAT. 2277 (iii) the (iisbursement of such funds as are necessary to carry out this subparagraph. (C) SUBMISSION TO SECRETARY. —The order shall provide that the PromoFlor Council shall submit to the Secretary for approvsil a proposed plan or project for cut flowers or cut greens promotion, consumer information, or related research, as described in subparagraphs (A) and (B). (3) APPROVAL BY SECRETARY. —^A budget, or plan or project for cut flowers or cut greens promotion, consumer information, or related research may not be implemented prior to approval of the budget, plan, or project by the Secretary. (e) CONTRACTS AND AG}REEMENTS.— (1) PROMOTION, CONSUMER INFORMATION, AND RELATED RESEARCH PLANS AND PROJECTS.— (A) IN GENERAL.—To ensure efficient use of funds, the order shall provide that the PromoFlor Council, with the approval of the Secretary, may enter into a contract or an agreement for the implementation of a plan or project for promotion, consumer information, or related research with respect to cut flowers or cut greens, and for the payment of the cost of the contract or agreement with funds received by the PromoFlor Council under the order. (B) REQUIREMENTS. —The order shall provide that any contract or agreement entered into under this paragraph shall provide that— (i) the contracting or agreeing party shall develop and submit to the PromoFlor Council a plan or project, together with a budget that includes the estimated costs to be incurred for the plan or project; (ii) the plan or project shall become effective on the approval of the Secretary; and (iii) the contracting or agreeing party shall— (I) keep accurate records of all of the transactions of the party; (II) account for funds received and expended; (III) make periodic reports to the PromoFlor Council of activities conducted; and (IV) make such other reports as the PromoFlor Council or the Secretary may require. (2) OTHER CONTRACTS AND AGREEMENTS.—The order shall provide that the PromoFlor Council may enter into a contract or agreement for administrative services. Any contract or agreement entered into under this paragraph shall include provisions comparable to the provisions described in paragraph (1)(B). (f) BOOKS AND RECORDS OF THE PROMOFLOR COUNCIL. — (1) IN GENERAL. — The order shall require the PromoFlor Council to— (A) msiintain such books and records (which shall be available to the Secretary for inspection and audit) as the Secretary may require; (B) prepare and submit to the Secretary, from time Reports. to time, such reports as the Secretary may require; and (C) account for the receipt and disbursement of all funds entrusted to the PromoFlor Council. (2) AUDITS. —The PromoFlor Council shall cause the books and records of the Council to be audited by an independent