Common use of Electronic Clearing House Operation Payments Clause in Contracts

Electronic Clearing House Operation Payments. If payment is made for Project costs through the FTA Electronic Clearinghouse Operation (ECHO) using an ECHO Control Number, the Recipient agrees to comply with FTA’s ECHO requirements that implement U.S. Department of Treasury (U.S. Treasury) Circular 1075, Part 205, “Withdrawal of Cash from the Treasury for Advances Under Federal Grants and Other Programs,” Treasury Financial Manual, Vol. 1, Part 6, Chapter 2000; with the ECHO System Operations Manual, “Guidelines for Disbursements;” and with the provisions of this Paragraph 9.b(1) of this Master Agreement. The Recipient also agrees that if it fails to comply with the following provisions of this Paragraph 9.b(1), the Federal Government may revoke the unexpended portion of Federal assistance awarded for the Project. (a) The Recipient agrees to withdraw cash only when it is actually needed for immediate disbursement required for Project purposes. Except to the extent permitted otherwise or otherwise required by Federal law, regulation, or agreement with the Federal Government, the Recipient agrees to expend all Federal assistance obtained through the Grant Agreement or Cooperative Agreement for Project purposes no later than three (3) days after receiving that Federal assistance. If the Recipient fails to expend that Federal assistance within three (3) days of receipt, fails to return withdrawn but unexpended Federal assistance to FTA within a reasonable period, or fails to establish procedures to minimize the time elapsing between cash advances and the disbursement, the Federal Government may revoke or temporarily suspend the Recipient’s ECHO Control Number and the Recipient’s access to the ECHO System. In addition, the Recipient agrees that if it fails to comply with these provisions, it may be subjected to other remedies or penalties authorized by Federal law or regulation. (b) The Recipient agrees to report its cash disbursements and balances promptly in compliance with applicable Federal laws and regulations, and follow applicable Federal directives, unless FTA determines otherwise in writing. (c) The Recipient agrees to provide for control and accountability for all Federal assistance for the Project consistent with Federal requirements and procedures for use of the ECHO system. (d) The Recipient agrees that it will not withdraw Federal assistance for a Project in an amount exceeding the sum obligated by the Federal Government or the current available balance for that Project. (e) The Recipient agrees to withdraw Federal assistance only for payment of eligible Project costs. (f) The Recipient agrees that it will not withdraw Federal assistance until it is needed for disbursement for Project expenses. (g) The Recipient agrees to notify the appropriate Regional or Program Office when a single withdrawal will exceed $50,000,000 at least three days before the withdrawal is anticipated. (h) The Recipient agrees to remit interest to the Federal Government on any Federal assistance it has withdrawn prematurely, irrespective of whether that Federal assistance has been deposited in an interest-bearing account. The Recipient agrees that the amount of interest due the Federal Government depends on whether the Recipient is a State or State instrumentality. 1. A Recipient that is a State or State instrumentality agrees to remit to the Federal Government interest as calculated in accordance with U.S. Treasury regulations, “Rules and Procedures for Efficient Federal-State Funds Transfers,” 31 C.F.R. Part 205, which implements section 5(b) of the Cash Management Improvement Act of 1990, as amended, 31 U.S.C. 2. A Recipient that is neither a State nor a State instrumentality agrees to remit to the Federal Government prejudgment common law interest, as authorized by joint U.S. Treasury and U.S. Department of Justice (joint U.S. Treasury/U.S. DOJ) regulations, “Standards for the Administrative Collection of Claims,” at 31 C.F.R. § 901.9(i). The amount of interest due may be determined by the Federal Government, and in its discretion may be in an amount equal to the amount of interest the Recipient can document that it has earned on its premature drawdowns of Federal assistance funds, or in an amount as calculated in accordance with the “Treasury tax and

Electronic Clearing House Operation Payments. If payment is made for Project costs through the FTA Electronic Clearinghouse Operation (ECHO) using an ECHO Control Number, the Recipient Indian Tribe agrees to comply with with: FTA’s ECHO requirements that implement U.S. Department of Treasury (U.S. Treasury) Circular 1075, Part 205, “Withdrawal of Cash from the Treasury for Advances Under Federal Grants and Other Programs,;” Treasury Financial Manual, Vol. 1, Part 6, Chapter 2000; with the ECHO System Operations Manual, “Guidelines for Disbursements;” for FTA Projects; and with the provisions of this Paragraph Subsection 9.b(1) of this Master Agreement). The Recipient Indian Tribe also agrees that if it fails to comply with the following provisions of this Paragraph Subsection 9.b(1), the Federal Government may revoke the unexpended portion of Federal Tribal Transit Program assistance awarded for the Tribal Transit Project. (a) The Recipient Indian Tribe agrees to withdraw cash only when it is actually needed for immediate disbursement required for Tribal Transit Project purposes. Except to the extent permitted otherwise or otherwise required by Federal law, regulation, directive, or agreement with the Federal Government, the Recipient Indian Tribe agrees to expend all Federal Tribal Transit Program assistance obtained through the Grant Agreement or Cooperative Agreement for the Tribal Transit Project for Tribal Transit Project purposes no later than three (3) days after receiving that Federal Tribal Transit Program assistance. If the Recipient Indian Tribe fails to expend that Federal Tribal Transit Program assistance within three (3) days of receipt, fails to return withdrawn but unexpended Federal Tribal Transit Program assistance to FTA within a reasonable period, or fails to establish procedures to minimize the time elapsing between cash advances and the disbursement, the Federal Government may revoke or temporarily suspend the RecipientIndian Tribe’s ECHO Control Number and the RecipientIndian Tribe’s access to the ECHO System. In addition, the Recipient Indian Tribe agrees that if it fails to comply with these provisions, it may be subjected to other remedies or penalties authorized by Federal law or regulation. (b) The Recipient Indian Tribe agrees to report its cash disbursements and balances promptly in compliance with applicable Federal laws and regulations, and follow applicable in accordance with Federal directives, unless FTA determines otherwise in writing. (c) The Recipient Indian Tribe agrees to provide for control and accountability for all Federal Tribal Transit Program assistance for the Tribal Transit Project consistent with Federal requirements and procedures for use of the ECHO system. (d) The Recipient Indian Tribe agrees that it will not withdraw Federal Tribal Transit Program assistance for a Tribal Transit Project in an amount exceeding the sum obligated by the Federal Government or the current available balance for that Tribal Transit Project. (e) The Recipient Indian Tribe agrees to withdraw Federal Tribal Transit Program assistance only for payment of eligible Tribal Transit Project costs. (f) The Recipient Indian Tribe agrees that it will not withdraw Federal Tribal Transit Program assistance until it is needed for disbursement for Tribal Transit Project expenses. (g) The Recipient agrees to notify the appropriate Regional or Program Office when a single withdrawal will exceed $50,000,000 at least three days before the withdrawal is anticipated. (h) The Recipient Indian Tribe agrees to remit interest to the Federal Government on any Federal Tribal Transit Program assistance it has withdrawn prematurelyprematurely withdrawn, irrespective of whether that Federal assistance has been deposited in an interest-bearing account. The Recipient Indian Tribe agrees that a debt for any premature withdrawal of Tribal Transit Program assistance does not qualify as a “claim” covered by the amount Debt Collection Act of interest due 1982, as amended, 31 U.S.C. §§ 3701 through 3720. Because the Federal Government depends on whether the Recipient Indian Tribe is not a State or State instrumentality. 1. A Recipient that is a State or State instrumentality , the Indian Tribe agrees to remit to the Federal Government interest as calculated in accordance with U.S. Treasury regulations, “Rules and Procedures for Efficient Federal-State Funds Transfers,” 31 C.F.R. Part 205, which implements section 5(b) the amount of the Cash Management Improvement Act of 1990, as amended, 31 U.S.C. 2. A Recipient that is neither a State nor a State instrumentality agrees to remit to the Federal Government prejudgment common law interest, as authorized by joint U.S. Treasury and U.S. Department of Justice (joint U.S. Treasury/U.S. DOJ) regulations, “Standards for the Administrative Collection of Claims,” at 31 C.F.R. § 901.9(i). The amount of interest due may be determined by the Federal Government, and in its discretion may be in an amount equal to the amount of interest the Recipient can document that it has earned on its premature drawdowns of Federal assistance funds, or in an amount as calculated in accordance with the “Treasury tax and.

Electronic Clearing House Operation Payments. If payment is made for Project costs through the FTA Electronic Clearinghouse Operation (ECHO) using an ECHO Control Number, the Recipient agrees to comply with with: FTA’s 's ECHO requirements that implement U.S. Department of Treasury (U.S. Treasury) Circular 1075, Part 205, “"Withdrawal of Cash from the Treasury for Advances Under Federal Grants and Other Programs,” ;" Treasury Financial Manual, Vol. 1, Part 6, Chapter 2000; with the ECHO System Operations Manual, “"Guidelines for Disbursements;” " for FTA Projects; and with the provisions of this Paragraph Subsection 9.b(1) of this Master Agreement). The Recipient also agrees that if it fails to comply with the following provisions of this Paragraph Subsection 9.b(1), the Federal Government may revoke the unexpended portion of Federal assistance awarded for the Project. (a) The Recipient agrees to withdraw cash only when it is actually needed for immediate disbursement required for Project purposes. Except to the extent Unless permitted otherwise or otherwise required by Federal law, regulation, or agreement with the Federal Governmentdirective, the Recipient agrees to expend all Federal assistance obtained through under the Grant Agreement or Cooperative Agreement Project for Project purposes no later than three (3) days after receiving that Federal assistancethose funds. If the Recipient fails to expend that Federal assistance within three (3) days of receipt, fails to return withdrawn but unexpended Federal assistance to FTA within a reasonable period, or fails to establish procedures to minimize the time elapsing between cash advances and the disbursement, the Federal Government may revoke or temporarily suspend the Recipient’s 's ECHO Control Number and the Recipient’s 's access to the ECHO System. In addition, the Recipient agrees that if it fails to comply with these provisions, it may be subjected to other remedies or penalties authorized by Federal law or regulation. (b) The Recipient agrees to report its cash disbursements and balances promptly in compliance with applicable Federal laws and laws, regulations, and follow applicable Federal directives, unless FTA determines otherwise in writing. (c) The Recipient agrees to provide for control and accountability for all Federal assistance for the Project consistent with Federal requirements and procedures for use of the ECHO system. (d) The Recipient agrees that it will not withdraw Federal assistance for a Project in an amount exceeding the sum obligated by the Federal Government or the current available balance for that Project. (e) The Recipient agrees to withdraw Federal assistance only for payment of eligible Project costs. (f) The Recipient agrees that it will not withdraw Federal assistance until it is needed for disbursement for Project expenses. (g) The Recipient agrees to notify the appropriate Regional or Program Office when a single withdrawal will exceed $50,000,000 at least three days before the withdrawal is anticipated. (h) The Recipient agrees to remit interest to the Federal Government on any Federal assistance it has withdrawn prematurelyprematurely withdrawal, irrespective of whether that Federal assistance has been deposited in an interest-bearing account. The Recipient agrees that a debt for any premature withdrawal of Federal assistance does not qualify as a "claim" covered by the Debt Collection Act of 1982, as amended, 31 U.S.C. §§ 3701 through 3720, and that the interest provisions of this Subsection 9.b(1)(h) of this Master Agreement, rather than the interest provisions of the Debt Collection Act of 1982, as amended, will determine the amount of interest due on any debt for Federal assistance prematurely withdrawn. The Recipient agrees that the amount of interest due to the Federal Government depends on whether the Recipient is a State or State instrumentality. 1. A Recipient that is a State or State instrumentality agrees to remit to the Federal Government the amount of interest as calculated in accordance with U.S. Treasury regulations, “"Rules and Procedures for Efficient Federal-State Funds Transfers,” " 31 C.F.R. Part 205, which implements section 5(b) of the Cash Management Improvement Act of 1990, as amended, 31 U.S.C., 2. A Recipient that is neither a State nor a State instrumentality agrees to remit to the Federal Government the amount of prejudgment common law interest, as authorized by joint U.S. Treasury and U.S. Department of Justice (joint U.S. Treasury/U.S. DOJ) regulations, “Standards for the Administrative Collection of Claims,” at 31 C.F.R. § 901.9(i). The amount of interest due may be determined by the Federal Government, and in its discretion may be in an amount equal to the amount of interest the Recipient can document that it has earned on its premature drawdowns of Federal assistance funds, or in an amount as calculated in accordance with the “Treasury tax andjoint

Electronic Clearing House Operation Payments. If payment is made for Project costs through the FTA Electronic Clearinghouse Operation (ECHO) using an ECHO Control Number, the Recipient agrees to comply with FTA’s ECHO requirements that implement U.S. Department of Treasury (U.S. Treasury) Circular 1075, Part 205, “Withdrawal of Cash from the Treasury for Advances Under Federal Grants and Other Programs,” Treasury Financial Manual, Vol. 1, Part 6, Chapter 2000; with the ECHO System Operations Manual, “Guidelines for Disbursements;” and with the provisions of this Paragraph Subsection 9.b(1) of this Master Agreement. The Recipient also agrees that if it fails to comply with the following provisions of this Paragraph Subsection 9.b(1), the Federal Government may revoke the unexpended portion of Federal assistance awarded for the Project. (a) The Recipient agrees to withdraw cash only when it is actually needed for immediate disbursement required for Project purposes. Except to the extent permitted otherwise or otherwise required by Federal law, regulation, or agreement with the Federal Government, the Recipient agrees to expend all Federal assistance obtained through the Grant Agreement or Cooperative Agreement for Project purposes no later than three (3) days after receiving that Federal assistance. If the Recipient fails to expend that Federal assistance within three (3) days of receipt, fails to return withdrawn but unexpended Federal assistance to FTA within a reasonable period, or fails to establish procedures to minimize the time elapsing between cash advances and the disbursement, the Federal Government may revoke or temporarily suspend the Recipient’s ECHO Control Number and the Recipient’s access to the ECHO System. In addition, the Recipient agrees that if it fails to comply with these provisions, it may be subjected to other remedies or penalties authorized by Federal law or regulation. (b) The Recipient agrees to report its cash disbursements and balances promptly in compliance with applicable Federal laws and regulations, and follow applicable Federal directives, unless FTA determines otherwise in writing. (c) The Recipient agrees to provide for control and accountability for all Federal assistance for the Project consistent with Federal requirements and procedures for use of the ECHO system. (d) The Recipient agrees that it will not withdraw Federal assistance for a Project in an amount exceeding the sum obligated by the Federal Government or the current available balance for that Project. (e) The Recipient agrees to withdraw Federal assistance only for payment of eligible Project costs. (f) The Recipient agrees that it will not withdraw Federal assistance until it is needed for disbursement for Project expenses. (g) The Recipient agrees to notify the appropriate Regional or Program Office when a single withdrawal will exceed $50,000,000 at least three days before the withdrawal is anticipated. (h) The Recipient agrees to remit interest to the Federal Government on any Federal assistance it has withdrawn prematurely, irrespective of whether that Federal assistance has been deposited in an interest-bearing account. The Recipient agrees that the amount of interest due the Federal Government depends on whether the Recipient is a State or State instrumentality. 1. A Recipient that is a State or State instrumentality agrees to remit to the Federal Government interest as calculated in accordance with U.S. Treasury regulations, “Rules and Procedures for Efficient Federal-State Funds Transfers,” 31 C.F.R. Part 205, which implements section 5(b) of the Cash Management Improvement Act of 1990, as amended, 31 U.S.C.and 2. A Recipient that is neither a State nor a State instrumentality agrees to remit to the Federal Government prejudgment common law interest, as authorized by joint U.S. Treasury and U.S. Department of Justice (joint U.S. Treasury/U.S. DOJ) regulations, “Standards for the Administrative Collection of Claims,” at 31 C.F.R. § 901.9(i). The amount of interest due may be determined by the Federal Government, and in its discretion may be in an amount equal to the amount of interest the Recipient can document that it has earned on its premature drawdowns of Federal assistance funds, or in an amount as calculated in accordance with the “Treasury tax andand loan account” rate prescribed by 31 U.S.C. § 3717 for debts owed to the United States, or in an amount as otherwise determined by FTA.

Electronic Clearing House Operation Payments. If payment is made for Project costs through the FTA Electronic Clearinghouse Operation (ECHO) using an ECHO Control Number, the Recipient agrees to comply with with: FTA’s 's ECHO requirements that implement U.S. Department of Treasury (U.S. Treasury) Circular 1075, Part 205, “"Withdrawal of Cash from the Treasury for Advances Under Federal Grants and Other Programs,” ;" Treasury Financial Manual, Vol. 1, Part 6, Chapter 2000; with the ECHO System Operations Manual, “"Guidelines for Disbursements;” " for FTA Projects; and with the provisions of this Paragraph Subsection 9.b(1) of this Master Agreement). The Recipient also agrees that if it fails to comply with the following provisions of this Paragraph Subsection 9.b(1), the Federal Government may revoke the unexpended portion of Federal assistance awarded for the Project. (a) The Recipient agrees to withdraw cash only when it is actually needed for immediate disbursement required for Project purposes. Except to the extent Unless permitted otherwise or otherwise required by Federal law, regulation, or agreement with the Federal Governmentdirective, the Recipient agrees to expend all Federal assistance obtained through under the Grant Agreement or Cooperative Agreement Project for Project purposes no later than three (3) days after receiving that Federal assistancethose funds. If the Recipient fails to expend that Federal assistance within three (3) days of receipt, fails to return withdrawn but unexpended Federal assistance to FTA within a reasonable period, or fails to establish procedures to minimize the time elapsing between cash advances and the disbursement, the Federal Government may revoke or temporarily suspend the Recipient’s 's ECHO Control Number and the Recipient’s 's access to the ECHO System. In addition, the Recipient agrees that if it fails to comply with these provisions, it may be subjected to other remedies or penalties authorized by Federal law or regulation. (b) The Recipient agrees to report its cash disbursements and balances promptly in compliance with applicable Federal laws and laws, regulations, and follow applicable Federal directives, unless FTA determines otherwise in writing. (c) The Recipient agrees to provide for control and accountability for all Federal assistance for the Project consistent with Federal requirements and procedures for use of the ECHO system. (d) The Recipient agrees that it will not withdraw Federal assistance for a Project in an amount exceeding the sum obligated by the Federal Government or the current available balance for that Project. (e) The Recipient agrees to withdraw Federal assistance only for payment of eligible Project costs. (f) The Recipient agrees that it will not withdraw Federal assistance until it is needed for disbursement for Project expenses. (g) The Recipient agrees to notify the appropriate Regional or Program Office when a single withdrawal will exceed $50,000,000 at least three days before the withdrawal is anticipated... (h) The Recipient agrees to remit interest to the Federal Government on any Federal assistance it has withdrawn prematurelyprematurely withdrawal, irrespective of whether that Federal assistance has been deposited in an interest-bearing account. The Recipient agrees that a debt for any premature withdrawal of Federal assistance does not qualify as a "claim" covered by the Debt Collection Act of 1982, as amended, 31 U.S.C. §§ 3701 through 3720, and that the interest provisions of this Subsection 9.b(1)(h) of this Master Agreement, rather than the interest provisions of the Debt Collection Act of 1982, as amended, will determine the amount of interest due on any debt for Federal assistance prematurely withdrawn. The Recipient agrees that the amount of interest due to the Federal Government depends on whether the Recipient is a State or State instrumentality. 1. A Recipient that is a State or State instrumentality agrees to remit to the Federal Government the amount of interest as calculated in accordance with U.S. Treasury regulations, “"Rules and Procedures for Efficient Federal-State Federal‑State Funds Transfers,” " 31 C.F.R. Part 205, which implements section 5(b) of the Cash Management Improvement Act of 1990, as amended, 31 U.S.C.U.S.C. § 6503(b). 2. A Recipient that is neither a State nor a State instrumentality agrees to remit to the Federal Government the amount of prejudgment common law interest, as authorized by joint U.S. Treasury and U.S. Department of Justice (joint U.S. Treasury/U.S. DOJ) regulations, “Standards for the Administrative Collection of Claims,” at 31 C.F.R. § 901.9(i). The amount of interest due may be determined by the Federal Government, and in its discretion may be in an amount equal to the amount of interest the Recipient can document that it has earned on its premature drawdowns of Federal assistance funds, or in an amount as calculated in accordance with the “Treasury tax and.

Electronic Clearing House Operation Payments. If payment is made for Project costs through the FTA Electronic Clearinghouse Operation (ECHO) using an ECHO Control Number, the Recipient agrees to comply with with: FTA’s 's ECHO requirements that implement U.S. Department of Treasury (U.S. Treasury) Circular 1075, Part 205, “"Withdrawal of Cash from the Treasury for Advances Under Federal Grants and Other Programs,” ;" Treasury Financial Manual, Vol. 1, Part 6, Chapter 2000; with the ECHO System Operations Manual, “"Guidelines for Disbursements;” " for FTA Projects; and with the provisions of this Paragraph Subsection 9.b(1) of this Master Agreement). The Recipient also agrees that if it fails to comply with the following provisions of this Paragraph Subsection 9.b(1), the Federal Government may revoke the unexpended portion of Federal assistance awarded for the Project. (a) a. The Recipient agrees to withdraw cash only when it is actually needed for immediate disbursement required for Project purposes. Except to the extent permitted otherwise or otherwise required by Federal law, regulation, or agreement with the Federal Governmentdirective, the Recipient agrees to expend all Federal assistance obtained through the Grant Agreement or Cooperative Agreement Project for Project purposes no later than three (3) days after receiving that Federal assistancethose funds. If the Recipient fails to expend that Federal assistance within three (3) days of receipt, fails to return withdrawn but unexpended Federal assistance to FTA within a reasonable period, or fails to establish procedures to minimize the time elapsing between cash advances and the disbursement, the Federal Government may revoke or temporarily suspend the Recipient’s 's ECHO Control Number and the Recipient’s 's access to the ECHO System. In addition, the Recipient agrees that if it fails to comply with these provisions, it may be subjected to other remedies or penalties authorized by Federal law or regulation. (b) b. The Recipient agrees to report its cash disbursements and balances promptly in compliance with applicable Federal laws and laws, regulations, and follow applicable Federal directives, unless FTA determines otherwise in writing. (c) c. The Recipient agrees to provide for control and accountability for all Federal assistance for the Project consistent with Federal requirements and procedures for use of the ECHO system. (d) d. The Recipient agrees that it will not withdraw Federal assistance for a Project in an amount exceeding the sum obligated by the Federal Government or the current available balance for that Project. (e) e. The Recipient agrees to withdraw Federal assistance only for payment of eligible Project costs. (f) f. The Recipient agrees that it will not withdraw Federal assistance until it is needed for disbursement for Project expenses. (g) g. The Recipient agrees to notify the appropriate Regional or Program Office when a single withdrawal will exceed $50,000,000 at least three days before the withdrawal is anticipated. (h) h. The Recipient agrees to remit interest to the Federal Government on any Federal assistance it has withdrawn prematurelyprematurely withdrawn, irrespective of whether that Federal assistance has been deposited in an interest-bearing account. The Recipient agrees that a debt for any premature withdrawal of Federal assistance does not qualify as a "claim" covered by the Debt Collection Act of 1982, as amended, 31 U.S.C. §§ 3701 et seq., and that the interest provisions of this Subsection 9.b(1)(h) of this Master Agreement, rather than the interest provisions of the Debt Collection Act of 1982, as amended, 31 U.S.C. §§ 3701 et seq., will determine the amount of interest due for the Federal assistance it has prematurely withdrawn. The Recipient agrees that the amount of interest due the Federal Government depends on whether or not the Recipient is a State or State instrumentality. (1. ) A Recipient that is a State or State instrumentality agrees to remit to the Federal Government the amount of interest as calculated in accordance with U.S. Treasury regulations, “"Rules and Procedures for Efficient Federal-State Funds Transfers,” " 31 C.F.R. Part 205, which implements section 5(b) of the Cash Management Improvement Act of 1990, as amended, 31 U.S.C.U.S.C. § 6503(b). (2. ) A Recipient that is neither a State nor a State instrumentality agrees to remit to the Federal Government the amount of prejudgment common law interest, as authorized by joint U.S. Treasury and U.S. Department of Justice (joint U.S. Treasury/U.S. DOJ) regulations, “Standards for the Administrative Collection of Claims,” at 31 C.F.R. § 901.9(i). The amount of interest due may be determined by the Federal Government, and in its discretion may be in an amount equal to the amount of interest the Recipient can document that it has earned on its premature drawdowns of Federal assistance funds, or in an amount as calculated in accordance with the “Treasury tax and.

Electronic Clearing House Operation Payments. If payment is made for Project costs through the FTA Electronic Clearinghouse Operation (ECHO) using an ECHO Control Number, the Recipient agrees to comply with with: FTA’s 's ECHO requirements that implement U.S. Department of Treasury (U.S. Treasury) Circular 1075, Part 205, “Withdrawal of Cash from the Treasury for Advances Under Federal Grants and Other Programs,” ”; Treasury Financial Manual, Vol. 1, Part 6, Chapter 2000; with and the ECHO System Operations Manual, “Guidelines for Disbursements;” ”; and with the provisions of this Paragraph Subsection 9.b(1) of this Master Agreement). The Recipient also agrees that if it fails to comply with the following provisions of this Paragraph Subsection 9.b(1), the Federal Government may revoke the unexpended portion of Federal assistance awarded for the Project. (a) The Recipient agrees to withdraw cash only when it is actually needed for immediate disbursement required for Project purposes. Except to the extent permitted otherwise or otherwise required by Federal law, regulation, or agreement with the Federal Government, the Recipient agrees to expend all Federal assistance obtained through the Grant Agreement or Cooperative Agreement Project for Project purposes no later than three (3) days after receiving that Federal assistance. If the Recipient fails to expend that Federal assistance within three (3) days of receipt, fails to return withdrawn but unexpended Federal assistance to FTA within a reasonable period, or fails to establish procedures to minimize the time elapsing between cash advances and the disbursement, the Federal Government may revoke or temporarily suspend the Recipient’s 's ECHO Control Number and the Recipient’s 's access to the ECHO System. In addition, the Recipient agrees that if it fails to comply with these provisions, it may be subjected to other remedies or penalties authorized by Federal law or regulation. (b) The Recipient agrees to report its cash disbursements and balances promptly in compliance with applicable Federal laws and regulations, and follow in accordance with applicable Federal directives, unless FTA determines otherwise in writing. (c) The Recipient agrees to provide for control and accountability for all Federal assistance for the Project consistent with Federal requirements and procedures for use of the ECHO system. (d) The Recipient agrees that it will not withdraw Federal assistance for a Project in an amount exceeding the sum obligated by the Federal Government or the current available balance for that Project. (e) The Recipient agrees to withdraw Federal assistance only for payment of eligible Project costs. (f) The Recipient agrees that it will not withdraw Federal assistance until it is needed for disbursement for Project expenses. (g) The Recipient agrees to notify the appropriate Regional or Program Office when a single withdrawal will exceed $50,000,000 at least three days before the withdrawal is anticipated. (h) The Recipient agrees to remit interest to the Federal Government on any Federal assistance it has withdrawn prematurely, irrespective of whether that Federal assistance has been deposited in an interest-bearing account. The Recipient agrees that the amount of interest due the Federal Government depends on whether the Recipient is a State or State instrumentality. 1. A Recipient that is a State or State instrumentality agrees to remit to the Federal Government interest as calculated in accordance with U.S. Treasury regulations, “Rules and Procedures for Efficient Federal-State Funds Transfers,” 31 C.F.R. Part 205, which implements section 5(b) of the Cash Management Improvement Act of 1990, as amended, 31 U.S.C. 2. A Recipient that is neither a State nor a State instrumentality agrees to remit to the Federal Government prejudgment common law interest, as authorized by joint U.S. Treasury and U.S. Department of Justice (joint U.S. Treasury/U.S. DOJ) regulations, “Standards for the Administrative Collection of Claims,” at 31 C.F.R. § 901.9(i). The amount of interest due may be determined by the Federal Government, and in its discretion may be in an amount equal to the amount of interest the Recipient can document that it has earned on its premature drawdowns of Federal assistance funds, or in an amount as calculated in accordance with the “Treasury tax and

Electronic Clearing House Operation Payments. If payment is made for Project costs through the FTA Electronic Clearinghouse Operation (ECHO) using an ECHO Control Number, the Recipient agrees to comply with with: FTA’s 's ECHO requirements that implement U.S. Department of Treasury (U.S. Treasury) Circular 1075, Part 205, “"Withdrawal of Cash from the Treasury for Advances Under Federal Grants and Other Programs,” ;" Treasury Financial Manual, Vol. 1, Part 6, Chapter 2000; with the ECHO System Operations Manual, “"Guidelines for Disbursements;” " for FTA Projects; and with the provisions of this Paragraph Subsection 9.b(1) of this Master Agreement). The Recipient also agrees that if it fails to comply with the following provisions of this Paragraph Subsection 9.b(1), the Federal Government may revoke the unexpended portion of Federal assistance awarded for the Project. (a) The Recipient agrees to withdraw cash only when it is actually needed for immediate disbursement required for Project purposes. Except to the extent Unless permitted otherwise or otherwise required by Federal law, regulation, or agreement with the Federal Governmentdirective, the Recipient agrees to expend all Federal assistance obtained through under the Grant Agreement or Cooperative Agreement Project for Project purposes no later than three (3) days after receiving that Federal assistancethose funds. If the Recipient fails to expend that Federal assistance within three (3) days of receipt, fails to return withdrawn but unexpended Federal assistance to FTA within a reasonable period, or fails to establish procedures to minimize the time elapsing between cash advances and the disbursement, the Federal Government may revoke or temporarily suspend the Recipient’s 's ECHO Control Number and the Recipient’s 's access to the ECHO System. In addition, the Recipient agrees that if it fails to comply with these provisions, it may be subjected to other remedies or penalties authorized by Federal law or regulation. (b) The Recipient agrees to report its cash disbursements and balances promptly in compliance with applicable Federal laws and laws, regulations, and follow applicable Federal directives, unless FTA determines otherwise in writing. (c) The Recipient agrees to provide for control and accountability for all Federal assistance for the Project consistent with Federal requirements and procedures for use of the ECHO system. (d) The Recipient agrees that it will not withdraw Federal assistance for a Project in an amount exceeding the sum obligated by the Federal Government or the current available balance for that Project. (e) The Recipient agrees to withdraw Federal assistance only for payment of eligible Project costs. (f) The Recipient agrees that it will not withdraw Federal assistance until it is needed for disbursement for Project expenses. (g) The Recipient agrees to notify the appropriate Regional or Program Office when a single withdrawal will exceed $50,000,000 at least three days before the withdrawal is anticipated. (h) The Recipient agrees to remit interest to the Federal Government on any Federal assistance it has withdrawn prematurelyprematurely withdrawal, irrespective of whether that Federal assistance has been deposited in an interest-bearing account. The Recipient agrees that a debt for any premature withdrawal of Federal assistance does not qualify as a "claim" covered by the Debt Collection Act of 1982, as amended, 31 U.S.C. §§ 3701 through 3720, and that the interest provisions of this Subsection 9.b(1)(h) of this Master Agreement, rather than the interest provisions of the Debt Collection Act of 1982, as amended, will determine the amount of interest due on any debt for Federal assistance prematurely withdrawn. The Recipient agrees that the amount of interest due to the Federal Government depends on whether the Recipient is a State or State instrumentality. 1. A Recipient that is a State or State instrumentality agrees to remit to the Federal Government the amount of interest as calculated in accordance with U.S. Treasury regulations, “"Rules and Procedures for Efficient Federal-State Federal‑State Funds Transfers,” " 31 C.F.R. Part 205, which implements section 5(b) of the Cash Management Improvement Act of 1990, as amended, 31 U.S.C.U.S.C. § 6503(b). 2. A Recipient that is neither a State nor a State instrumentality agrees to remit to the Federal Government the amount of prejudgment common law interest, as authorized by joint U.S. Treasury and U.S. Department of Justice (joint U.S. Treasury/U.S. DOJ) regulations, “Standards for the Administrative Collection of Claims,” at 31 C.F.R. § 901.9(i). The amount of interest due may be determined by the Federal Government, and in its discretion may be in an amount equal to the amount of interest the Recipient can document that it has earned on its premature drawdowns of Federal assistance funds, or in an amount as calculated in accordance with the “Treasury tax and.