Common use of Fees and Revenue Clause in Contracts

Fees and Revenue. 6.01 The AGENCY shall report to THE PARTNERSHIP all fees collected in the performance of this Contract on a quarterly basis. The AGENCY’S fees for programs or services funded by THE PARTNERSHIP shall be reported on the quarterly report form and must indicate all revenue generated from the collected fees. THE PARTNERSHIP will not reduce the AGENCY’S budget(s) as a result of the revenue generated by fees as long as the fees are utilized for THE PARTNERSHIP funded program purposes. Documentation of the use of revenues for program purposes must be maintained and will be subject to THE PARTNERSHIP evaluation, monitoring and/or audit. 6.02 Any fees collected for services shall be collected in accordance with THE PARTNERSHIP regulations and policies and any applicable state, federal and/or local rules and/or regulations. 6.03 All revenue and fees received for the funded program(s) from this Contract must be spent for allowable expenditures for that specific contracted program(s).