Agreement Payment. The SUBRECIPIENT agrees to accept as full compensation the total amount not to exceed $_8,447,718.00. The COUNTY’S standard method of payment to the SUBRECIPIENT is on a reimbursement basis. Payments under this method will be authorized only for work completed and/or services delivered during the term of the Agreement as stated in SECTION III: TERM OF AGREEMENT and prior to the payment request date. The COUNTY reserves the right to consider a written request from the SUBRECIPIENT for projects that require advanced payments in accordance with 2 CFR 200.305 and 24 CFR 570.502. The SUBRECIPIENT will provide supporting documentation of eligible expenses as stated within this SUBSECTION and the applicable exhibits, forms, and attachments contained with this Agreement. Payment is subject to the provisions of SUBSECTION V.B. DEFERRED PAYMENTS AND RETURN OF FUNDS (RECAPTURE FOR DISALLOWED COSTS) and SECTION XI. SUSPENSION, EVENTS OF DEFAULT, REMEDIES, AND TERMINATION. Funding is contingent upon the availability of CDBG-DR funds and the obligation of said CDBG-DR funds through the COUNTY’S annual fiscal year (FY) budget appropriation process. The COUNTY has agreed to reimburse the SUBRECIPIENT for approved budget line items listed for the project and its activities under the COUNTY’S CDBG-DR Affordable Housing Development and Preservation. The SUBRECIPIENT shall expend the allocation as follows: Most Impacted and Distressed (MID) Furthermore, “not to exceed” line items and activity budgets under this Agreement shall be identified within the approved budget under the Project Budget and Expense (Sources and Uses) Worksheet. After the COUNTY has approved funding and the Office of Strategic Resources and Government Affairs (SRGA) has issued an Agreement related to the funded project, the SUBRECIPIENT should sign and return the Agreement within 30 days for execution. In addition, the SUBRECIPIENT should begin to draw down funds as agreed upon within the project milestones set out under the Project Schedule and Milestones reporting deliverable unless additional time is authorized by the COUNTY. Failure to return the signed Agreement or begin spending funds within the agreed upon time frame may result in reduction or forfeiture of funds. By execution of this Agreement, the SUBRECIPIENT attests that necessary written administrative procedures, processes, and fiscal controls are in place for the operation of its CDBG-DR program for which the SUBRECIPIENT received funds from the COUNTY. These written administrative procedures, processes, and fiscal controls must, at a minimum, comply with applicable state and Federal law, rules, and regulations, Federal Register Guidance, and the terms of this Agreement. The SUBRECIPIENT agrees to remedy any deficiencies in its written administrative procedures, processes, and fiscal controls identified by the COUNTY or duly authorized CDBG-DR authorities. The SUBRECIPIENT shall request all funds in the manner prescribed by the COUNTY, utilizing the Payment Request Form(s) as outlined under SUBSECTION VI.A. REPORTING AND AGREEMENT DELIVERABLES. Except as set forth herein, or unless otherwise authorized in writing by the COUNTY, costs incurred for eligible activities or allowable costs prior to the Effective Date of this Agreement are ineligible for funding with CDBG-DR funds. If funds are not available to fully execute the project associated with this Agreement because of actions by the United States Congress, the Federal Office of Management and Budget, the COUNTY or the provision of SECTION XIII. ASSURANCE, CERTIFICATIONS, AND COMPLIANCE, all obligations on the part of the COUNTY to make any further payment of funds will terminate and the SUBRECIPIENT shall submit its administrative closeout report within thirty (30) calendar days from the receipt of notice from the COUNTY.
Appears in 1 contract
Samples: Subrecipient Agreement
Agreement Payment. The SUBRECIPIENT agrees to accept as full compensation the total amount not to exceed $_8,447,718.009,142,388.24. The COUNTY’S standard method of payment to the SUBRECIPIENT is on a reimbursement basis. Payments under this method will be authorized only for work completed and/or services delivered during the term of the Agreement as stated in SECTION III: TERM OF AGREEMENT and prior to the payment request date. The COUNTY reserves the right to consider a written request from the SUBRECIPIENT for projects that require advanced payments in accordance with 2 CFR 200.305 and 24 CFR 570.502. The SUBRECIPIENT will provide supporting documentation of eligible expenses as stated within this SUBSECTION and the applicable exhibits, forms, and attachments contained with this Agreement. Payment is subject to the provisions of SUBSECTION V.B. DEFERRED PAYMENTS AND RETURN OF FUNDS (RECAPTURE FOR DISALLOWED COSTS) and SECTION XI. SUSPENSION, EVENTS OF DEFAULT, REMEDIES, AND TERMINATION. Funding is contingent upon the availability of CDBG-DR funds and the obligation of said CDBG-DR funds through the COUNTY’S annual fiscal year (FY) budget appropriation process. The COUNTY has agreed to reimburse the SUBRECIPIENT for approved budget line items listed for the project and its activities under the COUNTY’S CDBG-DR Affordable Housing Development and PreservationPublic Facilities Infrastructure Program. The SUBRECIPIENT shall expend the allocation as follows: Most Impacted and Distressed (MID) Furthermore, “not to exceed” line items and activity budgets under this Agreement shall be identified within the approved budget under the Project Budget and Expense (Sources and Uses) Worksheet. After the COUNTY has approved funding and the Office of Strategic Resources and Government Affairs (SRGA) has issued an Agreement related to the funded project, the SUBRECIPIENT should sign and return the Agreement within 30 days for execution. In addition, the SUBRECIPIENT should begin to draw down funds as agreed upon within the project milestones set out under the Project Schedule and Milestones reporting deliverable unless additional time is authorized by the COUNTY. Failure to return the signed Agreement or begin spending funds within the agreed upon time frame may result in reduction or forfeiture of funds. By execution of this Agreement, the SUBRECIPIENT attests that necessary written administrative procedures, processes, and fiscal controls are in place for the operation of its CDBG-DR program for which the SUBRECIPIENT received funds from the COUNTY. These written administrative procedures, processes, and fiscal controls must, at a minimum, comply with applicable state and Federal law, rules, and regulations, Federal Register Guidance, and the terms of this Agreement. The SUBRECIPIENT agrees to remedy any deficiencies in its written administrative procedures, processes, and fiscal controls identified by the COUNTY or duly authorized CDBG-DR authorities. The SUBRECIPIENT shall request all funds in the manner prescribed by the COUNTY, utilizing the Payment Request Form(s) as outlined under SUBSECTION VI.A. REPORTING AND AGREEMENT DELIVERABLES. Except as set forth herein, or unless otherwise authorized in writing by the COUNTY, costs incurred for eligible activities or allowable costs prior to the Effective Date of this Agreement are ineligible for funding with CDBG-DR funds. If funds are not available to fully execute the project associated with this Agreement because of actions by the United States Congress, the Federal Office of Management and Budget, the COUNTY or the provision of SECTION XIII. ASSURANCE, CERTIFICATIONS, AND COMPLIANCE, all obligations on the part of the COUNTY to make any further payment of funds will terminate and the SUBRECIPIENT shall submit its administrative closeout report within thirty (30) calendar days from the receipt of notice from the COUNTY.AGREEMENT
Appears in 1 contract
Samples: Subrecipient Agreement
Agreement Payment. The SUBRECIPIENT agrees to accept as full compensation the total amount not to exceed $_8,447,718.00$ 252,000.00. The COUNTY’S standard method of payment to the SUBRECIPIENT is on a reimbursement basis. Payments under this method will be authorized only for work completed and/or services delivered during the term of the Agreement as stated in SECTION III: TERM OF AGREEMENT and prior to the payment request date. The COUNTY reserves the right to consider a written request from the SUBRECIPIENT for projects that require advanced payments in accordance with 2 CFR 200.305 and 24 CFR 570.502. The SUBRECIPIENT will provide supporting documentation of eligible expenses as stated within this SUBSECTION and the applicable exhibits, forms, and attachments contained with this Agreement. Payment is subject to the provisions of SUBSECTION V.B. DEFERRED PAYMENTS AND RETURN OF FUNDS (RECAPTURE FOR DISALLOWED COSTS) and SECTION XI. SUSPENSION, EVENTS OF DEFAULT, REMEDIES, AND TERMINATION. Funding is contingent upon the availability of CDBG-DR funds and the obligation of said CDBG-DR funds through the COUNTY’S annual fiscal year (FY) budget appropriation process. The COUNTY has agreed to reimburse the SUBRECIPIENT for approved budget line items listed for the project and its activities under the COUNTY’S CDBG-DR Affordable Housing Development Recovery and PreservationResiliency Planning Program. The SUBRECIPIENT shall expend the allocation as follows: Most Impacted and Distressed (MID) Furthermore, “not to exceed” line items and activity budgets under this Agreement shall be identified within the approved budget under the Project Budget and Expense (Sources and Uses) Worksheet. After the COUNTY has approved funding and the Office of Strategic Resources and Government Affairs (SRGA) has issued an Agreement related to the funded project, the SUBRECIPIENT should sign and return the Agreement within 30 days for execution. In addition, the SUBRECIPIENT should begin to draw down funds as agreed upon within the project milestones set out under the Project Schedule and Milestones reporting deliverable unless additional time is authorized by the COUNTY. Failure to return the signed Agreement or begin spending funds within the agreed upon time frame may result in reduction or forfeiture of funds. By execution of this Agreement, the SUBRECIPIENT attests that necessary written administrative procedures, processes, and fiscal controls are in place for the operation of its CDBG-DR program for which the SUBRECIPIENT received funds from the COUNTY. These written administrative procedures, processes, and fiscal controls must, at a minimum, comply with applicable state and Federal law, rules, and regulations, Federal Register Guidance, and the terms of this Agreement. The SUBRECIPIENT agrees to remedy any deficiencies in its written administrative procedures, processes, and fiscal controls identified by the COUNTY or duly authorized CDBG-DR authorities. The SUBRECIPIENT shall request all funds in the manner prescribed by the COUNTY, utilizing the Payment Request Form(s) as outlined under SUBSECTION VI.A. REPORTING AND AGREEMENT DELIVERABLES. Except as set forth herein, or unless otherwise authorized in writing by the COUNTY, costs incurred for eligible activities or allowable costs prior to the Effective Date of this Agreement are ineligible for funding with CDBG-DR funds. If funds are not available to fully execute the project associated with this Agreement because of actions by the United States Congress, the Federal Office of Management and Budget, the COUNTY or the provision of SECTION XIII. ASSURANCE, CERTIFICATIONS, AND COMPLIANCE, all obligations on the part of the COUNTY to make any further payment of funds will terminate and the SUBRECIPIENT shall submit its administrative closeout report within thirty (30) calendar days from the receipt of notice from the COUNTY.
Appears in 1 contract
Samples: Subrecipient Agreement
Agreement Payment. The SUBRECIPIENT agrees to accept as full compensation the total amount not to exceed $_8,447,718.008,336,753. The COUNTY’S standard method of payment to the SUBRECIPIENT is on a reimbursement basis. Payments under this method will be authorized only for work completed and/or services delivered during the term of the Agreement as stated in SECTION III: TERM OF AGREEMENT and prior to the payment request date. The COUNTY reserves the right to consider a written request from the SUBRECIPIENT for projects that require advanced payments in accordance with 2 CFR 200.305 and 24 CFR 570.502. The SUBRECIPIENT will provide supporting documentation of eligible expenses as stated within this SUBSECTION and the applicable exhibits, forms, and attachments contained with this Agreement. Payment is subject to the provisions of SUBSECTION V.B. DEFERRED PAYMENTS AND RETURN OF FUNDS (RECAPTURE FOR DISALLOWED COSTS) and SECTION XI. SUSPENSION, EVENTS OF DEFAULT, REMEDIES, AND TERMINATION. Funding is contingent upon the availability of CDBG-DR funds and the obligation of said CDBG-DR funds through the COUNTY’S annual fiscal year (FY) budget appropriation process. The COUNTY has agreed to reimburse the SUBRECIPIENT for approved budget line items listed for the project and its activities under the COUNTY’S CDBG-DR Affordable Housing Development and PreservationPublic Facilities Infrastructure Program. The SUBRECIPIENT shall expend the allocation as follows: Most Impacted and Distressed (MID) Furthermore, “not to exceed” line items and activity budgets under this Agreement shall be identified within the approved budget under the Project Budget and Expense (Sources and Uses) Worksheet. After the COUNTY has approved funding and the Office of Strategic Resources and Government Affairs (SRGA) has issued an Agreement related to the funded project, the SUBRECIPIENT should sign and return the Agreement within 30 days for execution. In addition, the SUBRECIPIENT should begin to draw down funds as agreed upon within the project milestones set out under the Project Schedule and Milestones reporting deliverable unless additional time is authorized by the COUNTY. Failure to return the signed Agreement or begin spending funds within the agreed upon time frame may result in reduction or forfeiture of funds. By execution of this Agreement, the SUBRECIPIENT attests that necessary written administrative procedures, processes, and fiscal controls are in place for the operation of its CDBG-DR program for which the SUBRECIPIENT received funds from the COUNTY. These written administrative procedures, processes, and fiscal controls must, at a minimum, comply with applicable state and Federal law, rules, and regulations, Federal Register Guidance, and the terms of this Agreement. The SUBRECIPIENT agrees to remedy any deficiencies in its written administrative procedures, processes, and fiscal controls identified by the COUNTY or duly authorized CDBG-DR authorities. The SUBRECIPIENT shall request all funds in the manner prescribed by the COUNTY, utilizing the Payment Request Form(s) as outlined under SUBSECTION VI.A. REPORTING AND AGREEMENT DELIVERABLES. Except as set forth herein, or unless otherwise authorized in writing by the COUNTY, costs incurred for eligible activities or allowable costs prior to the Effective Date of this Agreement are ineligible for funding with CDBG-DR funds. If funds are not available to fully execute the project associated with this Agreement because of actions by the United States Congress, the Federal Office of Management and Budget, the COUNTY or the provision of SECTION XIII. ASSURANCE, CERTIFICATIONS, AND COMPLIANCE, all obligations on the part of the COUNTY to make any further payment of funds will terminate and the SUBRECIPIENT shall submit its administrative closeout report within thirty (30) calendar days from the receipt of notice from the COUNTY.AGREEMENT
Appears in 1 contract
Samples: Subrecipient Agreement
Agreement Payment. The SUBRECIPIENT agrees to accept as full compensation the total amount not to exceed $_8,447,718.00450,000. The COUNTY’S standard method of payment to the SUBRECIPIENT is on a reimbursement basis. Payments under this method will be authorized only for work completed and/or services delivered during the term of the Agreement as stated in SECTION III: TERM OF AGREEMENT and prior to the payment request date. The COUNTY reserves the right to consider a written request from the SUBRECIPIENT for projects that require advanced payments in accordance with 2 CFR 200.305 and 24 CFR 570.502. The SUBRECIPIENT will provide supporting documentation of eligible expenses as stated within this SUBSECTION and the applicable exhibits, forms, and attachments contained with this Agreement. Payment is subject to the provisions of SUBSECTION V.B. DEFERRED PAYMENTS AND RETURN OF FUNDS (RECAPTURE FOR DISALLOWED COSTS) and SECTION XI. SUSPENSION, EVENTS OF DEFAULT, REMEDIES, AND TERMINATION. Funding is contingent upon the availability of CDBG-DR funds and the obligation of said CDBG-DR funds through the COUNTY’S annual fiscal year (FY) budget appropriation process. The COUNTY has agreed to reimburse the SUBRECIPIENT for approved budget line items listed for the project and its activities under the COUNTY’S CDBG-DR Affordable Housing Development Recovery and PreservationResiliency Planning Program. The SUBRECIPIENT shall expend the allocation as follows: Most Impacted and Distressed (MID) Furthermore, “not to exceed” line items and activity budgets under this Agreement shall be identified within the approved budget under the Project Budget and Expense (Sources and Uses) Worksheet. After the COUNTY has approved funding and the Office of Strategic Resources and Government Affairs (SRGA) has issued an Agreement related to the funded project, the SUBRECIPIENT should sign and return the Agreement within 30 days for execution. In addition, the SUBRECIPIENT should begin to draw down funds as agreed upon within the project milestones set out under the Project Schedule and Milestones reporting deliverable unless additional time is authorized by the COUNTY. Failure to return the signed Agreement or begin spending funds within the agreed upon time frame may result in reduction or forfeiture of funds. By execution of this Agreement, the SUBRECIPIENT attests that necessary written administrative procedures, processes, and fiscal controls are in place for the operation of its CDBG-DR program for which the SUBRECIPIENT received funds from the COUNTY. These written administrative procedures, processes, and fiscal controls must, at a minimum, comply with applicable state and Federal law, rules, and regulations, Federal Register Guidance, and the terms of this Agreement. The SUBRECIPIENT agrees to remedy any deficiencies in its written administrative procedures, processes, and fiscal controls identified by the COUNTY or duly authorized CDBG-DR authorities. The SUBRECIPIENT shall request all funds in the manner prescribed by the COUNTY, utilizing the Payment Request Form(s) as outlined under SUBSECTION VI.A. REPORTING AND AGREEMENT DELIVERABLES. Except as set forth herein, or unless otherwise authorized in writing by the COUNTY, costs incurred for eligible activities or allowable costs prior to the Effective Date of this Agreement are ineligible for funding with CDBG-DR funds. If funds are not available to fully execute the project associated with this Agreement because of actions by the United States Congress, the Federal Office of Management and Budget, the COUNTY or the provision of SECTION XIII. ASSURANCE, CERTIFICATIONS, AND COMPLIANCE, all obligations on the part of the COUNTY to make any further payment of funds will terminate and the SUBRECIPIENT shall submit its administrative closeout report within thirty (30) calendar days from the receipt of notice from the COUNTY.
Appears in 1 contract
Samples: Subrecipient Agreement
Agreement Payment. The SUBRECIPIENT agrees to accept as full compensation the total amount not to exceed $_8,447,718.00. 1,575,000.00 The COUNTY’S standard method of payment to the SUBRECIPIENT is on a reimbursement basis. Payments under this method will be authorized only for work completed and/or services delivered during the term of the Agreement as stated in SECTION III: TERM OF AGREEMENT and prior to the payment request date. The COUNTY reserves the right to consider a written request from the SUBRECIPIENT for projects that require advanced payments in accordance with 2 CFR 200.305 and 24 CFR 570.502. The SUBRECIPIENT will provide supporting documentation of eligible expenses as stated within this SUBSECTION and the applicable exhibits, forms, and attachments contained with this Agreement. Payment is subject to the provisions of SUBSECTION V.B. DEFERRED PAYMENTS AND RETURN OF FUNDS (RECAPTURE FOR DISALLOWED COSTS) and SECTION XI. SUSPENSION, EVENTS OF DEFAULT, REMEDIES, AND TERMINATION. Funding is contingent upon the availability of CDBG-DR funds and the obligation of said CDBG-DR funds through the COUNTY’S annual fiscal year (FY) budget appropriation process. The COUNTY has agreed to reimburse the SUBRECIPIENT for approved budget line items listed for the project and its activities under the COUNTY’S CDBG-DR Affordable Housing Development Recovery and PreservationResiliency Planning Program. The SUBRECIPIENT shall expend the allocation as follows: Most Impacted and Distressed (MID) Furthermore, “not to exceed” line items and activity budgets under this Agreement shall be identified within the approved budget under the Project Budget and Expense (Sources and Uses) Worksheet. After the COUNTY has approved funding and the Office of Strategic Resources and Government Affairs (SRGA) has issued an Agreement related to the funded project, the SUBRECIPIENT should sign and return the Agreement within 30 days for execution. In addition, the SUBRECIPIENT should begin to draw down funds as agreed upon within the project milestones set out under the Project Schedule and Milestones reporting deliverable unless additional time is authorized by the COUNTY. Failure to return the signed Agreement or begin spending funds within the agreed upon time frame may result in reduction or forfeiture of funds. By execution of this Agreement, the SUBRECIPIENT attests that necessary written administrative procedures, processes, and fiscal controls are in place for the operation of its CDBG-DR program for which the SUBRECIPIENT received funds from the COUNTY. These written administrative procedures, processes, and fiscal controls must, at a minimum, comply with applicable state and Federal law, rules, and regulations, Federal Register Guidance, and the terms of this Agreement. The SUBRECIPIENT agrees to remedy any deficiencies in its written administrative procedures, processes, and fiscal controls identified by the COUNTY or duly authorized CDBG-DR authorities. The SUBRECIPIENT shall request all funds in the manner prescribed by the COUNTY, utilizing the Payment Request Form(s) as outlined under SUBSECTION VI.A. REPORTING AND AGREEMENT DELIVERABLES. Except as set forth herein, or unless otherwise authorized in writing by the COUNTY, costs incurred for eligible activities or allowable costs prior to the Effective Date of this Agreement are ineligible for funding with CDBG-DR funds. If funds are not available to fully execute the project associated with this Agreement because of actions by the United States Congress, the Federal Office of Management and Budget, the COUNTY or the provision of SECTION XIII. ASSURANCE, CERTIFICATIONS, AND COMPLIANCE, all obligations on the part of the COUNTY to make any further payment of funds will terminate and the SUBRECIPIENT shall submit its administrative closeout report within thirty (30) calendar days from the receipt of notice from the COUNTY.
Appears in 1 contract
Samples: Subrecipient Agreement
Agreement Payment. The SUBRECIPIENT agrees to accept as full compensation the total amount not to exceed $_8,447,718.00300,000 . The COUNTY’S standard method of payment to the SUBRECIPIENT is on a reimbursement basis. Payments under this method will be authorized only for work completed and/or services delivered during the term of the Agreement as stated in SECTION III: TERM OF AGREEMENT and prior to the payment request date. The COUNTY reserves the right to consider a written request from the SUBRECIPIENT for projects that require advanced payments in accordance with 2 CFR 200.305 and 24 CFR 570.502. The SUBRECIPIENT will provide supporting documentation of eligible expenses as stated within this SUBSECTION and the applicable exhibits, forms, and attachments contained with this Agreement. Payment is subject to the provisions of SUBSECTION V.B. DEFERRED PAYMENTS AND RETURN OF FUNDS (RECAPTURE FOR DISALLOWED COSTS) and SECTION XI. SUSPENSION, EVENTS OF DEFAULT, REMEDIES, AND TERMINATION. Funding is contingent upon the availability of CDBG-DR funds and the obligation of said CDBG-DR funds through the COUNTY’S annual fiscal year (FY) budget appropriation process. The COUNTY has agreed to reimburse the SUBRECIPIENT for approved budget line items listed for the project and its activities under the COUNTY’S CDBG-DR Affordable Housing Development Recovery and PreservationResiliency Planning Program. The SUBRECIPIENT shall expend the allocation as follows: Most Impacted and Distressed (MID) Furthermore, “not to exceed” line items and activity budgets under this Agreement shall be identified within the approved budget under the Project Budget and Expense (Sources and Uses) Worksheet. After the COUNTY has approved funding and the Office of Strategic Resources and Government Affairs (SRGA) has issued an Agreement related to the funded project, the SUBRECIPIENT should sign and return the Agreement within 30 days for execution. In addition, the SUBRECIPIENT should begin to draw down funds as agreed upon within the project milestones set out under the Project Schedule and Milestones reporting deliverable unless additional time is authorized by the COUNTY. Failure to return Application # 300031 Project # DR10147 the signed Agreement or begin spending funds within the agreed upon time frame may result in reduction or forfeiture of funds. By execution of this Agreement, the SUBRECIPIENT attests that necessary written administrative procedures, processes, and fiscal controls are in place for the operation of its CDBG-DR program for which the SUBRECIPIENT received funds from the COUNTY. These written administrative procedures, processes, and fiscal controls must, at a minimum, comply with applicable state and Federal law, rules, and regulations, Federal Register Guidance, and the terms of this Agreement. The SUBRECIPIENT agrees to remedy any deficiencies in its written administrative procedures, processes, and fiscal controls identified by the COUNTY or duly authorized CDBG-DR authorities. The SUBRECIPIENT shall request all funds in the manner prescribed by the COUNTY, utilizing the Payment Request Form(s) as outlined under SUBSECTION VI.A. REPORTING AND AGREEMENT DELIVERABLES. Except as set forth herein, or unless otherwise authorized in writing by the COUNTY, costs incurred for eligible activities or allowable costs prior to the Effective Date of this Agreement are ineligible for funding with CDBG-DR funds. If funds are not available to fully execute the project associated with this Agreement because of actions by the United States Congress, the Federal Office of Management and Budget, the COUNTY or the provision of SECTION XIII. ASSURANCE, CERTIFICATIONS, AND COMPLIANCE, all obligations on the part of the COUNTY to make any further payment of funds will terminate and the SUBRECIPIENT shall submit its administrative closeout report within thirty (30) calendar days from the receipt of notice from the COUNTY.
Appears in 1 contract
Samples: Subrecipient Agreement
Agreement Payment. The SUBRECIPIENT agrees to accept as full compensation the total amount not to exceed $_8,447,718.002,558,750 . The COUNTY’S standard method of payment to the SUBRECIPIENT is on a reimbursement basis. Payments under this method will be authorized only for work completed and/or services delivered during the term of the Agreement as stated in SECTION III: TERM OF AGREEMENT and prior to the payment request date. The COUNTY reserves the right to consider a written request from the SUBRECIPIENT for projects that require advanced payments in accordance with 2 CFR 200.305 and 24 CFR 570.502. The SUBRECIPIENT will provide supporting documentation of eligible expenses as stated within this SUBSECTION and the applicable exhibits, forms, and attachments contained with this Agreement. Payment is subject to the provisions of SUBSECTION V.B. DEFERRED PAYMENTS AND RETURN OF FUNDS (RECAPTURE FOR DISALLOWED COSTS) and SECTION XI. SUSPENSION, EVENTS OF DEFAULT, REMEDIES, AND TERMINATION. Funding is contingent upon the availability of CDBG-DR funds and the obligation of said CDBG-DR funds through the COUNTY’S annual fiscal year (FY) budget appropriation process. The COUNTY has agreed to reimburse the SUBRECIPIENT for approved budget line items listed for the project and its activities under the COUNTY’S CDBG-DR Affordable Housing Development Recovery and PreservationResiliency Planning Program. The SUBRECIPIENT shall expend the allocation as follows: Most Impacted and Distressed (MID) Furthermore, “not to exceed” line items and activity budgets under this Agreement shall be identified within the approved budget under the Project Budget and Expense (Sources and Uses) Worksheet. After the COUNTY has approved funding and the Office of Strategic Resources and Government Affairs (SRGA) has issued an Agreement related to the funded project, the SUBRECIPIENT should sign and return the Agreement within 30 days for execution. In addition, the SUBRECIPIENT should begin to draw down funds as agreed upon within the project milestones set out under the Project Schedule and Project #DR10146 Application #300027 Milestones reporting deliverable unless additional time is authorized by the COUNTY. Failure to return the signed Agreement or begin spending funds within the agreed upon time frame may result in reduction or forfeiture of funds. By execution of this Agreement, the SUBRECIPIENT attests that necessary written administrative procedures, processes, and fiscal controls are in place for the operation of its CDBG-DR program for which the SUBRECIPIENT received funds from the COUNTY. These written administrative procedures, processes, and fiscal controls must, at a minimum, comply with applicable state and Federal law, rules, and regulations, Federal Register Guidance, and the terms of this Agreement. The SUBRECIPIENT agrees to remedy any deficiencies in its written administrative procedures, processes, and fiscal controls identified by the COUNTY or duly authorized CDBG-DR authorities. The SUBRECIPIENT shall request all funds in the manner prescribed by the COUNTY, utilizing the Payment Request Form(s) as outlined under SUBSECTION VI.A. REPORTING AND AGREEMENT DELIVERABLES. Except as set forth herein, or unless otherwise authorized in writing by the COUNTY, costs incurred for eligible activities or allowable costs prior to the Effective Date of this Agreement are ineligible for funding with CDBG-DR funds. If funds are not available to fully execute the project associated with this Agreement because of actions by the United States Congress, the Federal Office of Management and Budget, the COUNTY or the provision of SECTION XIII. ASSURANCE, CERTIFICATIONS, AND COMPLIANCE, all obligations on the part of the COUNTY to make any further payment of funds will terminate and the SUBRECIPIENT shall submit its administrative closeout report within thirty (30) calendar days from the receipt of notice from the COUNTY.
Appears in 1 contract
Samples: Subrecipient Agreement
Agreement Payment. The SUBRECIPIENT agrees to accept as full compensation the total amount not to exceed $_8,447,718.00$ 250,000.00. The COUNTY’S standard method of payment to the SUBRECIPIENT is on a reimbursement basis. Payments under this method will be authorized only for work completed and/or services delivered during the term of the Agreement as stated in SECTION III: TERM OF AGREEMENT and prior to the payment request date. The COUNTY reserves the right to consider a written request from the SUBRECIPIENT for projects that require advanced payments in accordance with 2 CFR 200.305 and 24 CFR 570.502. The SUBRECIPIENT will provide supporting documentation of eligible expenses as stated within this SUBSECTION and the applicable exhibits, forms, and attachments contained with this Agreement. Payment is subject to the provisions of SUBSECTION V.B. DEFERRED PAYMENTS AND RETURN OF FUNDS (RECAPTURE FOR DISALLOWED COSTS) and SECTION XI. SUSPENSION, EVENTS OF DEFAULT, REMEDIES, AND TERMINATION. Funding is contingent upon the availability of CDBG-DR funds and the obligation of said CDBG-DR funds through the COUNTY’S annual fiscal year (FY) budget appropriation process. The COUNTY has agreed to reimburse the SUBRECIPIENT for approved budget line items listed for the project and its activities under the COUNTY’S CDBG-DR Affordable Housing Development Recovery and PreservationResiliency Planning Program. The SUBRECIPIENT shall expend the allocation as follows: Most Impacted and Distressed (MID) Furthermore, “not to exceed” line items and activity budgets under this Agreement shall be identified within the approved budget under the Project Budget and Expense (Sources and Uses) Worksheet. After the COUNTY has approved funding and the Office of Strategic Resources and Government Affairs (SRGA) has issued an Agreement related to the funded project, the SUBRECIPIENT should sign and return the Agreement within 30 days for execution. In addition, the SUBRECIPIENT should begin to draw down funds as agreed upon within the project milestones set out under the Project Schedule and Milestones reporting deliverable unless additional time is authorized by the COUNTY. Failure to return the signed Agreement or begin spending funds within the agreed upon time frame may result in reduction or forfeiture of funds. By execution of this Agreement, the SUBRECIPIENT attests that necessary written administrative procedures, processes, and fiscal controls are in place for the operation of its CDBG-DR program for which the SUBRECIPIENT received funds from the COUNTY. These written administrative procedures, processes, and fiscal controls must, at a minimum, comply with applicable state and Federal law, rules, and regulations, Federal Register Guidance, and the terms of this Agreement. The SUBRECIPIENT agrees to remedy any deficiencies in its written administrative procedures, processes, and fiscal controls identified by the COUNTY or duly authorized CDBG-DR authorities. The SUBRECIPIENT shall request all funds in the manner prescribed by the COUNTY, utilizing the Payment Request Form(s) as outlined under SUBSECTION VI.A. REPORTING AND AGREEMENT DELIVERABLES. Except as set forth herein, or unless otherwise authorized in writing by the COUNTY, costs incurred for eligible activities or allowable costs prior to the Effective Date of this Agreement are ineligible for funding with CDBG-DR funds. If funds are not available to fully execute the project associated with this Agreement because of actions by the United States Congress, the Federal Office of Management and Budget, the COUNTY or the provision of SECTION XIII. ASSURANCE, CERTIFICATIONS, AND COMPLIANCE, all obligations on the part of the COUNTY to make any further payment of funds will terminate and the SUBRECIPIENT shall submit its administrative closeout report within thirty (30) calendar days from the receipt of notice from the COUNTY.
Appears in 1 contract
Samples: Subrecipient Agreement
Agreement Payment. The SUBRECIPIENT agrees to accept as full compensation the total amount not to exceed $_8,447,718.00300,000 . The COUNTY’S standard method of payment to the SUBRECIPIENT is on a reimbursement basis. Payments under this method will be authorized only for work completed and/or services delivered during the term of the Agreement as stated in SECTION III: TERM OF AGREEMENT and prior to the payment request date. The COUNTY reserves the right to consider a written request from the SUBRECIPIENT for projects that require advanced payments in accordance with 2 CFR 200.305 and 24 CFR 570.502. The SUBRECIPIENT will provide supporting documentation of eligible expenses as stated within this SUBSECTION and the applicable exhibits, forms, and attachments contained with this Agreement. Payment is subject to the provisions of SUBSECTION V.B. DEFERRED PAYMENTS AND RETURN OF FUNDS (RECAPTURE FOR DISALLOWED COSTS) and SECTION XI. SUSPENSION, EVENTS OF DEFAULT, REMEDIES, AND TERMINATION. Funding is contingent upon the availability of CDBG-DR funds and the obligation of said CDBG-DR funds through the COUNTY’S annual fiscal year (FY) budget appropriation process. The COUNTY has agreed to reimburse the SUBRECIPIENT for approved budget line items listed for the project and its activities under the COUNTY’S CDBG-DR Affordable Housing Development Recovery and PreservationResiliency Planning Program. The SUBRECIPIENT shall expend the allocation as follows: Most Impacted and Distressed (MID) Furthermore, “not to exceed” line items and activity budgets under this Agreement shall be identified within the approved budget under the Project Budget and Expense (Sources and Uses) Worksheet. After the COUNTY has approved funding and the Office of Strategic Resources and Government Affairs (SRGA) has issued an Agreement related to the funded project, the SUBRECIPIENT should sign and return the Agreement within 30 days for execution. In addition, the SUBRECIPIENT should begin to draw down funds as agreed upon within the project milestones set out under the Project Schedule and Application # 300030 Project # DR10149 Milestones reporting deliverable unless additional time is authorized by the COUNTY. Failure to return the signed Agreement or begin spending funds within the agreed upon time frame may result in reduction or forfeiture of funds. By execution of this Agreement, the SUBRECIPIENT attests that necessary written administrative procedures, processes, and fiscal controls are in place for the operation of its CDBG-DR program for which the SUBRECIPIENT received funds from the COUNTY. These written administrative procedures, processes, and fiscal controls must, at a minimum, comply with applicable state and Federal law, rules, and regulations, Federal Register Guidance, and the terms of this Agreement. The SUBRECIPIENT agrees to remedy any deficiencies in its written administrative procedures, processes, and fiscal controls identified by the COUNTY or duly authorized CDBG-DR authorities. The SUBRECIPIENT shall request all funds in the manner prescribed by the COUNTY, utilizing the Payment Request Form(s) as outlined under SUBSECTION VI.A. REPORTING AND AGREEMENT DELIVERABLES. Except as set forth herein, or unless otherwise authorized in writing by the COUNTY, costs incurred for eligible activities or allowable costs prior to the Effective Date of this Agreement are ineligible for funding with CDBG-DR funds. If funds are not available to fully execute the project associated with this Agreement because of actions by the United States Congress, the Federal Office of Management and Budget, the COUNTY or the provision of SECTION XIII. ASSURANCE, CERTIFICATIONS, AND COMPLIANCE, all obligations on the part of the COUNTY to make any further payment of funds will terminate and the SUBRECIPIENT shall submit its administrative closeout report within thirty (30) calendar days from the receipt of notice from the COUNTY.
Appears in 1 contract
Samples: Subrecipient Agreement
Agreement Payment. The SUBRECIPIENT agrees to accept as full compensation the total amount not to exceed $_8,447,718.00$ 200,000.00. The COUNTY’S standard method of payment to the SUBRECIPIENT is on a reimbursement basis. Payments under this method will be authorized only for work completed and/or services delivered during the term of the Agreement as stated in SECTION III: TERM OF AGREEMENT and prior to the payment request date. The COUNTY reserves the right to consider a written request from the SUBRECIPIENT for projects that require advanced payments in accordance with 2 CFR 200.305 and 24 CFR 570.502. The SUBRECIPIENT will provide supporting documentation of eligible expenses as stated within this SUBSECTION and the applicable exhibits, forms, and attachments contained with this Agreement. Payment is subject to the provisions of SUBSECTION V.B. DEFERRED PAYMENTS AND RETURN OF FUNDS (RECAPTURE FOR DISALLOWED COSTS) and SECTION XI. SUSPENSION, EVENTS OF DEFAULT, REMEDIES, AND TERMINATION. Funding is contingent upon the availability of CDBG-DR funds and the obligation of said CDBG-DR funds through the COUNTY’S annual fiscal year (FY) budget appropriation process. The COUNTY has agreed to reimburse the SUBRECIPIENT for approved budget line items listed for the project and its activities under the COUNTY’S CDBG-DR Affordable Housing Development Recovery and PreservationResiliency Planning Program. The SUBRECIPIENT shall expend the allocation as follows: Most Impacted and Distressed (MID) Furthermore, “not to exceed” line items and activity budgets under this Agreement shall be identified within the approved budget under the Project Budget and Expense (Sources and Uses) Worksheet. After the COUNTY has approved funding and the Office of Strategic Resources and Government Affairs (SRGA) has issued an Agreement related to the funded project, the SUBRECIPIENT should sign and return the Agreement within 30 days for execution. In addition, the SUBRECIPIENT should begin to draw down funds as agreed upon within the project milestones set out under the Project Schedule and Milestones reporting deliverable unless additional time is authorized by the COUNTY. Failure to return the signed Agreement or begin spending funds within the agreed upon time frame may result in reduction or forfeiture of funds. By execution of this Agreement, the SUBRECIPIENT attests that necessary written administrative procedures, processes, and fiscal controls are in place for the operation of its CDBG-DR program for which the SUBRECIPIENT received funds from the COUNTY. These written administrative procedures, processes, and fiscal controls must, at a minimum, comply with applicable state and Federal law, rules, and regulations, Federal Register Guidance, and the terms of this Agreement. The SUBRECIPIENT agrees to remedy any deficiencies in its written administrative procedures, processes, and fiscal controls identified by the COUNTY or duly authorized CDBG-DR authorities. The SUBRECIPIENT shall request all funds in the manner prescribed by the COUNTY, utilizing the Payment Request Form(s) as outlined under SUBSECTION VI.A. REPORTING AND AGREEMENT DELIVERABLES. Except as set forth herein, or unless otherwise authorized in writing by the COUNTY, costs incurred for eligible activities or allowable costs prior to the Effective Date of this Agreement are ineligible for funding with CDBG-DR funds. If funds are not available to fully execute the project associated with this Agreement because of actions by the United States Congress, the Federal Office of Management and Budget, the COUNTY or the provision of SECTION XIII. ASSURANCE, CERTIFICATIONS, AND COMPLIANCE, all obligations on the part of the COUNTY to make any further payment of funds will terminate and the SUBRECIPIENT shall submit its administrative closeout report within thirty (30) calendar days from the receipt of notice from the COUNTY.
Appears in 1 contract
Samples: Subrecipient Agreement
Agreement Payment. The SUBRECIPIENT agrees to accept as full compensation the total amount not to exceed $_8,447,718.00450,000. The COUNTY’S standard method of payment to the SUBRECIPIENT is on a reimbursement basis. Payments under this method will be authorized only for work completed and/or services delivered during the term of the Agreement as stated in SECTION III: TERM OF AGREEMENT and prior to the payment request date. The COUNTY reserves the right to consider a written request from the SUBRECIPIENT for projects that require advanced payments in accordance with 2 CFR 200.305 and 24 CFR 570.502. The SUBRECIPIENT will provide supporting documentation of eligible expenses as stated within this SUBSECTION and the applicable exhibits, forms, and attachments contained with this Agreement. Payment is subject to the provisions of SUBSECTION V.B. DEFERRED PAYMENTS AND RETURN OF FUNDS (RECAPTURE FOR DISALLOWED COSTS) and SECTION XI. SUSPENSION, EVENTS OF DEFAULT, REMEDIES, AND TERMINATION. Funding is contingent upon the availability of CDBG-DR funds and the obligation of said CDBG-DR funds through the COUNTY’S annual fiscal year (FY) budget appropriation process. The COUNTY has agreed to reimburse the SUBRECIPIENT for approved budget line items listed for the project and its activities under the COUNTY’S CDBG-DR Affordable Housing Development Recovery and PreservationResiliency Planning Program. The SUBRECIPIENT shall expend the allocation as follows: Most Impacted and Distressed (MID) Furthermore, “not to exceed” line items and activity budgets under this Agreement shall be identified within the approved budget under the Project Budget and Expense (Sources and Uses) Worksheet. After the COUNTY has approved funding and the Office of Strategic Resources and Government Affairs (SRGA) has issued an Agreement related to the funded project, the SUBRECIPIENT should sign and return the Agreement within 30 days for execution. In addition, the SUBRECIPIENT should begin to draw down funds as agreed upon within the project milestones set out under the Project Schedule and Milestones reporting deliverable unless additional time is authorized by the COUNTY. Failure to return the signed Agreement or begin spending funds within the agreed upon time frame may result in reduction or forfeiture of funds. By execution of this Agreement, the SUBRECIPIENT attests that necessary written administrative procedures, processes, and fiscal controls are in place for the operation of its CDBG-DR program for which the SUBRECIPIENT received funds from the COUNTY. These written administrative procedures, processes, and fiscal controls must, at a minimum, comply with applicable state and Federal law, rules, and regulations, Federal Register Guidance, and the terms of this Agreement. The SUBRECIPIENT agrees to remedy any deficiencies in its written administrative procedures, processes, and fiscal controls identified by the COUNTY or duly authorized CDBG-DR authorities. The SUBRECIPIENT shall request all funds in the manner prescribed by the COUNTY, utilizing the Payment Request Form(s) as outlined under SUBSECTION VI.A. REPORTING AND AGREEMENT DELIVERABLES. Except as set forth herein, or unless otherwise authorized in writing by the COUNTY, Docusign Envelope ID: 78C02DD2-B828-4731-A9D1-AD33CA3756BB costs incurred for eligible activities or allowable costs prior to the Effective Date of this Agreement are ineligible for funding with CDBG-DR funds. If funds are not available to fully execute the project associated with this Agreement because of actions by the United States Congress, the Federal Office of Management and Budget, the COUNTY or the provision of SECTION XIII. ASSURANCE, CERTIFICATIONS, AND COMPLIANCE, all obligations on the part of the COUNTY to make any further payment of funds will terminate and the SUBRECIPIENT shall submit its administrative closeout report within thirty (30) calendar days from the receipt of notice from the COUNTY.
Appears in 1 contract
Samples: CDBG Dr Subrecipient Agreement