Common use of Annual Appropriation Contingency Clause in Contracts

Annual Appropriation Contingency. The State’s performance and obligation to pay under this Agreement is contingent upon an annual appropriation by the Legislature & the FHWA. This Agreement is not a commitment of future appropriations. Authorization for continuation and completion of work and any associated payments may be rescinded, with proper notice, at the discretion of Department if the Legislature & the FHWA reduces or eliminates appropriations. It is further understood that Grant Awards may be revised by the Department due to the availability of RTP Program Funds. 7. The following hereby adds to paragraph 8, Attachment 1, Standard Terms and Conditions:

Appears in 2 contracts

Samples: Standard Grant Agreement, Grant Agreement

AutoNDA by SimpleDocs

Annual Appropriation Contingency. The State’s 's performance and obligation to pay under this Agreement is contingent upon an annual appropriation by the Legislature & the FHWA. This Agreement is not a commitment of future appropriations. Authorization for continuation and completion of work and any associated payments may be rescinded, with proper notice, at the discretion of Department if the Legislature & the FHWA reduces or eliminates appropriations. It is further understood that Grant Awards may be revised by the Department due to the availability of RTP Program Funds. 7. The following hereby adds to paragraph 8, Attachment 1, Standard Terms and Conditions:

Appears in 1 contract

Samples: Standard Grant Agreement

AutoNDA by SimpleDocs

Annual Appropriation Contingency. The State’s performance and obligation to pay under this Agreement is contingent upon an annual appropriation by the Legislature Legislature& the FHWA. This Agreement is not a commitment of future appropriations. Authorization for continuation and completion of fo work and any associated payments may be rescinded, with proper notice, at the discretion of Department if the Legislature Legislature& the FHWA reduces or eliminates appropriations. It is further understood that Grant Awards may be revised by the Department due to the availability of RTP Program Funds. 7. The following hereby adds to paragraph 8, Attachment 1, Standard Terms and Conditions:

Appears in 1 contract

Samples: Standard Grant Agreement

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!