Audit 314464

Title: NOTE 1: REPORTING ENTITY Accounting Policies: The accompanying schedule of expenditures of federal awards of North Coast Energy Services, Inc. is presented on the accrual basis of accounting. The information in this schedule is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). De Minimis Rate Used: N Rate Explanation: North Coast Energy Services, Inc. elected not to use the 10% de minimis indirect cost rate as allowed under the Uniform Guidance, and did not charge indirect costs to federal grants during the year ended December 31, 2023 The accompanying schedule of expenditures of federal awards presents the activity of all federal financial assistance programs of North Coast Energy Services, Inc. under programs of the Federal Government for the year ended December 31, 2023. Because the schedule presents only a selected portion of the operations of North Coast Energy Services, Inc., it is not intended to and does not present the financial position, changes in net assets, or cash flows of North Coast Energy Services, Inc.

Title: NOTE 3: CLAIMS Accounting Policies: The accompanying schedule of expenditures of federal awards of North Coast Energy Services, Inc. is presented on the accrual basis of accounting. The information in this schedule is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). De Minimis Rate Used: N Rate Explanation: North Coast Energy Services, Inc. elected not to use the 10% de minimis indirect cost rate as allowed under the Uniform Guidance, and did not charge indirect costs to federal grants during the year ended December 31, 2023 The North Coast Energy Services, Inc. has received federal grants for specific purposes that are subject to review and audit by the Federal Government pass-through entity. Although such audits could result in expenditure disallowance under grant terms, any required reimbursements are not expected to be material which have not already been recorded.