Common use of Duration and Modification Clause in Contracts

Duration and Modification. ‌ This MOU commences on January 1, 2022 and shall remain in effect until December 31, 2025. WorkSource partners will convene bi-annually to ensure appropriate funding and delivery of services. Generally, amendment or modification of the MOU only requires the parties to review and agree to the elements of the MOU that changed. Non-substantive changes to the MOU, such as a minor revision to the budget or adjustments made due to the annual reconciliation of the budget, do not require renewal of the MOU. Because this MOU is likely to undergo changes, those that do not change the intent of the document will be considered minor revisions. Substantial changes, such as the removal or addition of a required partner organization or a change due to the election of a new Chief Elected Official, will require renewal of the MOU (20 CFR 678.500(b)(6), (d), and (e); 34 CFR 361.500 (b)(6), (d), and (e); and 34 CFR 463.500 (b)(6), (d), and (e)). Renewal of the MOU requires all parties to review and agree to all elements of the MOU and re-sign the MOU. Oral amendments or modifications shall have no effect. If any provision of this MOU is held invalid, the remainder of the MOU shall not be affected. The IFA commences on July 1, 2022 and shall remain in effect until June 30, 2023. The IFA must be agreed to by all partners no later than March 31 of each year for the subsequent program year, outlining how each will contribute to infrastructure costs of the one-stop system. WorkSource Partners will convene bi-annually to ensure continued equitable benefit of the one-stop partner programs.

Appears in 2 contracts

Samples: Memorandum of Understanding and Infrastructure Sharing Agreement, Memorandum of Understanding and Infrastructure Sharing Agreement

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Duration and Modification. ‌ This MOU commences on January 1, 2022 and shall remain in effect until December 31, 2025. WorkSource partners will convene bi-annually to ensure appropriate funding and delivery of services. Generally, amendment or modification of the MOU only requires the parties to review and agree to the elements of the MOU that changed. Non-substantive changes to the MOU, such as a minor revision to the budget or adjustments made due to the annual reconciliation of the budget, do not require renewal of the MOU. Because this MOU is likely to undergo changes, those that do not change the intent of the document will be considered minor revisions. Substantial changes, such as the removal or addition of a required partner organization or a change due to the election of a new Chief Elected Official, will require renewal of the MOU (20 CFR 678.500(b)(6), (d), and (e); 34 CFR 361.500 (b)(6), (d), and (e); and 34 CFR 463.500 (b)(6), (d), and (e)). Renewal of the MOU requires all parties to review and agree to all elements of the MOU and re-sign the MOU. Oral amendments or modifications shall have no effect. If any provision of this MOU is held invalid, the remainder of the MOU shall not be affected. The IFA commences on July January 1, 2022 and shall remain in effect until June 30, 2023. The IFA must be agreed to by all partners no later than March 31 of each year for the subsequent program year, outlining how each will contribute to infrastructure costs of the one-stop system. WorkSource Partners will convene bi-annually to ensure continued equitable benefit of the one-stop partner programs.

Appears in 1 contract

Samples: Memorandum of Understanding and Infrastructure Sharing Agreement

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Duration and Modification. ‌ This MOU commences on January 1, 2022 2022, and shall remain in effect until December 31, 2025. WorkSource partners will convene bi-annually to ensure appropriate funding and delivery of services. Generally, amendment or modification of the MOU only requires the parties to review and agree to the elements of the MOU that changed. Non-substantive changes to the MOU, such as a minor revision to the budget or adjustments made due to the annual reconciliation of the budget, do not require renewal of the MOU. Because this MOU is likely to undergo changes, those that do not change the intent of the document will be considered minor revisions. Substantial changes, such as the removal or addition of a required partner organization or a change due to the election of a new Chief Elected Official, will require renewal of the MOU (20 CFR 678.500(b)(6), (d), and (e); 34 CFR 361.500 (b)(6), (d), and (e); and 34 CFR 463.500 (b)(6), (d), and (e)). Renewal of the MOU requires all parties to review and agree to all elements of the MOU and re-sign the MOU. Oral amendments or modifications shall have no effect. If any provision of this MOU is held invalid, the remainder of the MOU shall not be affected. The IFA commences on July 1, 2022 and shall remain in effect until June 30, 2023. The IFA must be agreed to by all partners no later than March 31 of each year for the subsequent program year, outlining how each will contribute to infrastructure costs of the one-stop system. WorkSource Partners will convene bi-annually to ensure continued equitable benefit of the one-stop partner programs.

Appears in 1 contract

Samples: Memorandum of Understanding

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