Common use of Award Calculation Clause in Contracts

Award Calculation. Participant(s) have selected and been deemed eligible for Manufactured Home Replacement assistance from the CDBG-DR Program. NCORR will manage the assistance Participant(s) receive from the Program. Based on the information provided by the Participant(s) and reviewed by the Program Management Contractor, the Participant(s) are eligible to receive the Grant Amount based on the Program’s estimate of the costs necessary to remove the manufactured home damaged by the flood, replace and install either a new economy/standard singlewide manufactured home or a new economy/standard doublewide manufactured home, as applicable. The Grant Amount is not based on the value of the damaged home or the cost of a new manufactured home of Participant’s choosing. The Grant Amount is based on the lower of the actual cost expended to install a comparable manufactured home, or the cap established by the Program for replacement of the damaged home. Replacement housing must be HUD certified, meet local code requirements and HQS standards, and be within the National Automobile Dealers Association (NADA) retail value to qualify. The Grant Amount is subject to adjustment based on any Duplication of Benefits (“DOB”) received by the Participant(s) (as further described below), regardless of when those benefits are received. Participants (s) must deposit the amount determined to be a DOB into a bank account controlled by the State in a non-interest-bearing escrow account. (“Escrow Account”). Participant(s) have received and consented to NCORR’s calculation of the value of the replacement home, less any DOB and the calculation of the final Grant Amount, as shown on Exhibit A (“Calculation of Grant Award”) attached hereto. Participant(s) are responsible for providing gap financing for the replacement home if the amount to replace the home exceeds the Grant Amount. Participant(s) are advised and agree that additional information may be required by NCORR to determine that the Grant Amount was properly calculated. Participant(s) should maintain all records, receipts, invoices and other documentation related to any repairs, construction, or clean-up of the Damaged Home for no less than seven (7) years from the date of this Agreement. Participant(s) will provide the documentation to NCORR upon request.

Award Calculation. Participant(s) have selected and been deemed eligible for Manufactured Home Replacement assistance from the CDBG-DR Program. NCORR NCEM will manage the assistance Participant(s) receive from the Program. Based on the information provided by the Participant(s) and reviewed by the Program Management Contractor, the Participant(s) are eligible to receive the Grant Amount based on the Program’s estimate of the costs necessary to remove the manufactured home damaged by the flood, replace and install either a new economy/standard singlewide manufactured home or a new economy/standard doublewide manufactured home, as applicable. The Grant Amount is not based on the value of the damaged home or the cost of a new manufactured home of Participant’s choosing. The Grant Amount is based on the lower of the actual cost expended to install a comparable manufactured home, or the cap established by the Program for replacement of the damaged home. Replacement housing must be HUD certified, meet local code requirements and HQS standards, and be within the National Automobile Dealers Association (NADA) retail value to qualify. The Grant Amount is subject to adjustment based on any Duplication of Benefits (“DOB”) received by the Participant(s) (as further described below), regardless of when those benefits are received. Participants (s) must deposit the amount determined to be a DOB into a bank account controlled by the State in a non-interest-bearing escrow account. (“Escrow Account”). Participant(s) have received and consented to NCORRNCEM’s calculation of the value of the replacement home, less any DOB and the calculation of the final Grant Amount, as shown on Exhibit A (“Calculation of Grant Award”) attached hereto. Participant(s) are responsible for providing gap financing for the replacement home if the amount to replace the home exceeds the Grant Amount. Participant(s) are advised and agree that additional information may be required by NCORR NCEM to determine that the Grant Amount was properly calculated. Participant(s) should maintain all records, receipts, invoices and other documentation related to any repairs, construction, or clean-up of the Damaged Home for no less than seven (7) years from the date of this Agreement. Participant(s) will provide the documentation to NCORR NCEM upon request.

Award Calculation. Participant(s) have selected and been deemed eligible for Manufactured Home Replacement reconstruction assistance from the CDBG-DR Program. NCORR NCEM will manage the assistance Participant(s) receive from the Program. Based on the information provided by the Participant(s) and reviewed by the Program Management Contractor, the Participant(s) are eligible to receive the Grant Amount based on the Program’s estimate of the costs necessary to remove demolish the manufactured home residential structure damaged by the floodflood if necessary, replace and construct or install either a new economy/standard singlewide manufactured comparable replacement home or a new economy/standard doublewide manufactured home, as applicablewith mid-grade materials. The Grant Amount is not based on the value of the damaged stick-built or modular home or the cost of a new manufactured stick-built or modular home of Participant’s choosing. The Grant Amount is based on the lower of the actual cost expended to construct or install a comparable stick-built or manufactured home, or the cap established by the Program for replacement reconstruction of the damaged home. Replacement Reconstruction and replacement housing must be HUD certified, meet local code requirements and HQS standards, and be within the National Automobile Dealers Association (NADA) retail value to qualify. The Grant Amount is subject to adjustment based on any Duplication of Benefits (“DOB”) received by the Participant(s) (as further described below), regardless of when those benefits are received. Participants (s) must deposit the amount determined to be a DOB into a bank account controlled by the State in a non-interest-bearing escrow account. (“Escrow Account”). Participant(sParticipant (s) have received and consented to NCORRNCEM’s calculation of the value of the reconstructed or replacement home, less any DOB and the calculation of the final Grant Amount, as shown on Exhibit A (“Calculation of Grant Award”) attached hereto. Participant(s) are responsible for providing gap financing for the replacement home if the amount to reconstruct or replace the home exceeds the Grant Amount. Participant(s) are advised and agree that additional information may be required by NCORR NCEM to determine that the Grant Amount was properly calculated. Participant(s) should maintain all records, receipts, invoices and other documentation related to any demolition, repairs, construction, or clean-up construction of the Damaged Home for no less than seven (7) years from the date of this Agreement. Participant(s) Participant will provide the documentation to NCORR NCEM upon request.

Award Calculation. Participant(s) have selected and been deemed eligible for Manufactured Home Replacement and Elevation assistance from the CDBG-DR Program. NCORR will manage the assistance Participant(s) receive from the Program. Based on the information provided by the Participant(s) and reviewed by the Program Management Contractor, the Participant(s) are eligible to receive the Grant Amount based on the Program’s estimate of the costs necessary to remove the manufactured home damaged by the flood, replace and install either a new economy/standard singlewide manufactured home or a new economy/standard doublewide manufactured home, elevated at least two feet above the BFE, as applicable. The Grant Amount is not based on the value of the damaged home or the cost of a new manufactured home of Participant’s choosing. The Grant Amount is based on the lower of the actual cost expended to elevate and install a comparable manufactured home, or the cap established by the Program for replacement and elevation of the damaged home. Replacement housing must be HUD certified, meet local code requirements and HQS standards, and be within the National Automobile Dealers Association (NADA) retail value to qualify. The Grant Amount is subject to adjustment based on any Duplication of Benefits (“DOB”) received by the Participant(s) (as further described below), regardless of when those benefits are received. Participants (s) must deposit the amount determined to be a DOB into a bank account controlled by the State in a non-interest-bearing escrow account. (“Escrow Account”). Participant(s) have received and consented to NCORR’s calculation of the value of the replacement home, plus elevations costs, less any DOB and the calculation of the final Grant Amount, as shown on Exhibit A (“Calculation of Grant Award”) attached hereto. Participant(s) are responsible for providing gap financing for the replacement home if the amount to replace and elevate the home exceeds the Grant Amount. Participant(s) are advised and agree that additional information may be required by NCORR to determine that the Grant Amount was properly calculated. Participant(s) should maintain all records, receipts, invoices and other documentation related to any repairs, construction, elevation or clean-up of the Damaged Home for no less than seven (7) years from the date of this Agreement. Participant(s) will provide the documentation to NCORR upon request.

Award Calculation. Participant(s) have selected and been deemed eligible for Manufactured Home Replacement assistance for reconstruction from the CDBG-DR Program. NCORR will manage the assistance Participant(s) receive from the Program. Based on the information provided by the Participant(s) and reviewed by the Program Management ContractorNCORR and/or its contractor, the Participant(s) are eligible for the Award to receive pay an authorized Contractor for the Grant Amount scope of work deemed necessary by Program inspectors to bring the property in alignment with U.S. Department of Housing and Urban Development Housing Quality Standards. The necessary reconstruction is based on the Program’s estimate a Scope of the costs necessary to remove the manufactured home damaged Work determined by a damage inspection made by the flood, replace Program and install either a new using economy/standard singlewide manufactured home grade building materials determined by industry software prices and not the price of replacing the damaged property or a new economy/standard doublewide manufactured home, as applicableits components with like or similar materials. The Grant Amount is not based on Participant(s) have received and consent to NCORR’s calculation of the value of the damaged home or Scope of Work, and the cost calculation of a new manufactured home of Participant’s choosing. the Grant Amount, including any reduction to the applicable eligible percentage as shown in Exhibit A. The Grant Amount is may be limited to less than the total cost of the Scope of Work based on the lower of the actual cost expended to install a comparable manufactured home, or the cap established by the Program for replacement of the damaged home. Replacement housing must be HUD certified, meet local code requirements and HQS standards, and be within the National Automobile Dealers Association (NADA) retail value to qualifyeligibility policies. The Grant Amount is subject to adjustment based on approved Change Order(s) and any Duplication of Benefits (“DOB”) received by the Participant(s) (as further described below), regardless of when those benefits are received. Participants (s) must deposit the amount determined to be a DOB into a bank account controlled by the State in a non-non- interest-bearing escrow account. account (“Escrow Account”)) or contribute the escrow amount in accordance with program policies. Participant(s) have received and consented to NCORR’s calculation of the value of the replacement reconstruction of the home, less any DOB and the calculation of the final Grant Amount, as shown on Exhibit A (“Calculation of Grant Award”) attached hereto. Participant(s) are responsible for providing gap financing for the replacement home if the amount to replace reconstruct the home exceeds the Grant Amount. Participant(s) are advised and agree that additional information may be required by NCORR to determine that the Grant Amount was properly calculated. Participant(s) should maintain all records, receipts, invoices and other documentation related to any demolition, repairs, construction, or clean-up construction of the Damaged Home for no less than seven five (75) years from the date of this Agreementproject closeout. Participant(s) will provide the documentation to NCORR upon request.

Award Calculation. Participant(s) have selected and been deemed eligible for Manufactured Home Replacement assistance from the CDBG-DR Program. NCORR NCEM will manage the assistance Participant(s) receive from the Program. Based on the information provided by the Participant(s) and reviewed by the Program Management Contractor, the Participant(s) are eligible to receive the Grant Amount based on the Program’s estimate of the costs necessary to remove the manufactured home damaged by the flood, replace and install either a new economy/standard singlewide manufactured home or a new economy/standard doublewide manufactured home, as applicable. The Grant Amount is not based on the value of the damaged home or the cost of a new manufactured home of Participant’s choosing. The Grant Amount is based on the lower of the actual cost expended to install a comparable manufactured home, or the cap established by the Program for replacement of the damaged home. Replacement housing must be HUD certified, meet local code requirements and HQS standards, and be within the National Automobile Dealers Association (NADA) retail value to qualify. The Grant Amount is subject to adjustment based on any Duplication of Benefits (“DOB”) received by the Participant(s) (as further described below), regardless of when those benefits are received. Participants (s) must deposit the amount determined to be a DOB into a bank account controlled by the State in a non-interest-bearing escrow account. (“Escrow Account”). Participant(s) have received and consented to NCORRNCEM’s calculation of the value of the replacement home, less any DOB and the calculation of the final Grant AmountXxxxx Xxxxxx, as shown on Exhibit A (“Calculation of Grant Award”) attached hereto. Participant(s) are responsible for providing gap financing for the replacement home if the amount to replace the home exceeds the Grant Amount. Participant(s) are advised and agree that additional information may be required by NCORR NCEM to determine that the Grant Amount was properly calculated. Participant(s) should maintain all records, receipts, invoices and other documentation related to any repairs, construction, or clean-up of the Damaged Home for no less than seven (7) years from the date of this Agreement. Participant(s) will provide the documentation to NCORR NCEM upon request.