Common use of Completion of the Work Clause in Contracts

Completion of the Work. In addition, if the Contract is terminated for cause, PHB may complete the work either itself or by agreement with another subrecipient, or by a combination thereof. In the event the cost of completing the work exceeds the amount actually paid to Subrecipient hereunder plus the remaining unpaid balance of the compensation provided herein, then Subrecipient shall pay to PHB the amount of excess. Allowable costs shall be determined in accordance with 24 CFR 85.43(c).

Appears in 9 contracts

Samples: Intergovernmental Agreement, Intergovernmental Agreement, Subrecipient Contract

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Completion of the Work. In addition, if the Contract is terminated for cause, PHB may complete the work either itself or by agreement with another subrecipientrecipient, or by a combination thereof. In the event the cost of completing the work exceeds the amount actually paid to Subrecipient Recipient hereunder plus the remaining unpaid balance of the compensation provided herein, then Subrecipient Recipient shall pay to PHB the amount of excess. [IF FEDERAL FUNDS Allowable costs shall will be determined in accordance with 24 2 CFR 85.43(c).Subpart E.

Appears in 3 contracts

Samples: PHB Funds Contract, PHB Funds Contract, Recipient of PHB Funds Contract

Completion of the Work. In addition, if the Contract is terminated for cause, PHB may complete the work either itself or by agreement with another subrecipient, or by a combination thereof. In the event the cost of completing the work exceeds the amount actually paid to Subrecipient hereunder plus the remaining unpaid balance of the compensation provided herein, then Subrecipient shall pay to PHB the amount of excess. Allowable costs shall be determined in accordance with 24 2 CFR 85.43(c)Part 200, as applicable.

Appears in 1 contract

Samples: Intergovernmental Agreement

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Completion of the Work. In addition, if the Contract is terminated for cause, PHB may complete the work either itself or by agreement with another subrecipient, or by a combination thereof. In the event the cost of completing the work exceeds the amount actually paid to Subrecipient hereunder plus the remaining unpaid balance of the compensation provided herein, then Subrecipient shall pay to PHB the amount of excess. Allowable costs shall be determined in accordance with 24 2 CFR 85.43(c)200.339-343.

Appears in 1 contract

Samples: Intergovernmental Agreement

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