Balance of Funds. If actual costs are lower than expected and the full Award Amount is not fully utilized, the PERFORMING PARTY may request approval from NCTCOG to use the balance of the Award Amount in a manner consistent with the SCOPE and all requirements of this Agreement, including cost share. If this situation arises, the PERFORMING PARTY will notify NCTCOG Project Manager and request approval as quickly as possible to ensure timely implementation.
Appears in 4 contracts
Samples: Sub Award Agreement, Sub Award Agreement for Reimbursable Activities, Subrecipient Agreement for Reimbursable Activities
Balance of Funds. If actual costs are lower than expected and the full Award Amount is not fully utilized, the PERFORMING PARTY may request approval from NCTCOG to use the balance of the Award Amount in a manner consistent with the SCOPE and all requirements of this Agreement, including cost share. If this situation arises, the PERFORMING PARTY will notify the NCTCOG Project Manager and request approval as quickly as possible to ensure timely implementation.
Appears in 2 contracts
Samples: Rebate Agreement, Rebate Agreement
