Common use of FUNDING SUMMARY Clause in Contracts

FUNDING SUMMARY. 4.1 The Department and the Sponsor agree that the project will be financed at a not- to- exceed, STBG-UZA total estimated cost of $7,500,000, as described below: FUNDING SOURCE => STBG-UZA Sponsor STATE JOB PIECE NO. DESCRIPTION TOTAL ESTIMATED COST SHARE (%) AMOUNT SHARE (%) AMOUNT 36148(04) Widen & Resurface $9,375,000 80 up to a limit of $7,500,000 Remainder $1,875,000 Total $9,375,000 Total=> $7,500,000 Total=> $1,875,000 4.2 Furthermore, the Department and the Sponsor agree that actual STBG-UZA costs incurred by project phases (JP 36148(04)) may exceed initial estimates. Costs between these project phases will be administratively adjusted based on actual cost of each phase, within the total cost of this Agreement, without formal supplemental Agreement, in so far as the total project agreement is not exceeded. 4.3 It is understood by the Sponsor and the Department that the funding participation stipulated herein may be altered due to bid prices, actual construction supervision costs and non-participating costs incurred during construction. The Sponsor will be responsible for payment of any estimated local funding prior to advertising the project for bid. Upon final acceptance of this project, the total project cost will be determined, and the final amount of local funds (if any) will be determined by the Department’s Comptroller per the terms of this Agreement. A refund will then be made by the Department to the Sponsor or additional funding will be requested. The Sponsor agrees to make arrangements for payment of any Department invoice within 45 days of receipt.

FUNDING SUMMARY. 4.1 The Department and the Sponsor agree that the project will be financed at a not- to- exceed, STBG-UZA total estimated cost of $7,500,000431,062, as described below: FUNDING SOURCE => STBG-UZA Sponsor STATE JOB PIECE NO. DESCRIPTION TOTAL ESTIMATED COST SHARE (%) AMOUNT SHARE (%) AMOUNT 36148(0437945(04) Widen & Resurface Construction - (With 6% Inspection) $9,375,000 80 431,062 100 up to a limit of $7,500,000 431,062 Remainder $1,875,000 0 Total $9,375,000 431,062 Total=> $7,500,000 431,062 Total=> $1,875,000 0 4.2 Furthermore, the Department and the Sponsor agree that actual STBG-UZA costs incurred by project phases (JP 36148(0437945(04)) may exceed initial estimates. Costs between these project phases will be administratively adjusted based on actual cost of each phase, within the total cost of this Agreement, without formal supplemental Agreement, in so far as the total project agreement is not exceeded. 4.3 It is understood by the Sponsor and the Department that the funding participation stipulated herein may be altered due to bid prices, actual construction supervision costs and non-participating costs incurred during construction. The Sponsor will be responsible for payment of any estimated local funding prior to advertising the project for bid. Upon final acceptance of this project, the total project cost will be determined, and the final amount of local funds (if any) will be determined by the Department’s Comptroller per the terms of this Agreement. A refund will then be made by the Department to the Sponsor or additional funding will be requested. The Sponsor agrees to make arrangements for payment of any Department invoice within 45 days of receipt.

FUNDING SUMMARY. 4.1 The Department and the Sponsor agree that the project will be financed at a not- to- to-exceed, ACOG STBG-UZA SAFETY total estimated cost of $7,500,000553,352, as described below: FUNDING SOURCE => ACOG STBG-UZA SAFETY Sponsor STATE JOB PIECE NO. DESCRIPTION TOTAL ESTIMATED COST SHARE (%) AMOUNT SHARE (%) AMOUNT 36148(0436855(04) Widen & Resurface Construction - (With 6% Inspection) $9,375,000 80 553,352 100% up to a limit of $7,500,000 553,352 Remainder $1,875,000 Total $9,375,000 Total=> $7,500,000 Total=> $1,875,000 0 4.2 Furthermore, the Department and the Sponsor agree that actual STBG-UZA ACOG STBG- SAFETY costs incurred by project phases (JP 36148(04)3685504) may exceed initial estimates. Costs between these project phases will be administratively adjusted based on actual cost of each phase, within the total cost of this Agreement, without formal supplemental Agreement, in so far as the total project agreement is not exceeded. 4.3 It is understood by the Sponsor and the Department that the funding participation stipulated herein may be altered due to bid prices, actual construction supervision costs and non-participating costs incurred during construction. The Sponsor will be responsible for payment of any estimated local funding prior to advertising the project for bid. Upon final acceptance of this project, the total project cost will be determined, and the final amount of local funds (if any) will be determined by the Department’s Comptroller per the terms of this Agreement. A refund will then be made by the Department to the Sponsor or additional funding will be requested. The Sponsor agrees to make arrangements for payment of any Department invoice within 45 days of receipt.

FUNDING SUMMARY. 4.1 The Department and the Sponsor agree that the project will be financed at a not- to- exceed, STBG-UZA TAP total estimated cost of $7,500,0001,152,000, as described below: FUNDING SOURCE => STBG-UZA TAP (Federal) Sponsor STATE JOB PIECE NO. DESCRIPTION TOTAL ESTIMATED COST SHARE (%) AMOUNT SHARE (%) AMOUNT 36148(0438033(04) Widen & Resurface Construction - (With 6% Inspection) $9,375,000 1,152,000 80 up to a limit of $7,500,000 1,036,800 Remainder $1,875,000 115,200 Total $9,375,000 1,152,000 Total=> $7,500,000 1,036,800 Total=> $1,875,000 115,200 4.2 Furthermore, the Department and the Sponsor agree that actual STBG-UZA TAP costs incurred by project phases (JP 36148(0438033(04)) may exceed initial estimates. Costs between these project phases will be administratively adjusted based on actual cost of each phase, within the total cost of this Agreement, without formal supplemental Agreement, in so far as the total project agreement is not exceeded. 4.3 It is understood by the Sponsor and the Department that the funding participation stipulated herein may be altered due to bid prices, actual construction supervision costs and non-participating costs incurred during construction. The Sponsor will be responsible for payment of any estimated local funding prior to advertising the project for bid. Upon final acceptance of this project, the total project cost will be determined, and the final amount of local funds (if any) will be determined by the Department’s Comptroller per the terms of this Agreement. A refund will then be made by the Department to the Sponsor or additional funding will be requested. The Sponsor agrees to make arrangements for payment of any Department invoice within 45 days of receipt.

FUNDING SUMMARY. 4.1 The Department and the Sponsor agree that the project will be financed at a not- to- to-exceed, STBG-UZA total estimated cost of $7,500,000312,910, as described below: FUNDING SOURCE => STBG-UZA Sponsor STATE JOB PIECE NO. DESCRIPTION TOTAL ESTIMATED COST SHARE (%) AMOUNT SHARE (%) AMOUNT 36148(0436150(04) Widen & Resurface Construction - (With 6% Inspection) $9,375,000 80 312,910 100 up to a limit of $7,500,000 312,910 Remainder $1,875,000 0 Total $9,375,000 312,910 Total=> $7,500,000 312,910 Total=> $1,875,000 0 4.2 Furthermore, the Department and the Sponsor agree that actual STBG-UZA costs incurred by project phases (JP 36148(0436150(04)) may exceed initial estimates. Costs between these project phases will be administratively adjusted based on actual cost of each phase, within the total cost of this Agreement, without formal supplemental Agreement, in so far as the total project agreement is not exceeded. 4.3 It is understood by the Sponsor and the Department that the funding participation stipulated herein may be altered due to bid prices, actual construction supervision costs and non-participating costs incurred during construction. The Sponsor will be responsible for payment of any estimated local funding prior to advertising the project for bid. Upon final acceptance of this project, the total project cost will be determined, and the final amount of local funds (if any) will be determined by the Department’s Comptroller per the terms of this Agreement. A refund will then be made by the Department to the Sponsor or additional funding will be requested. The Sponsor agrees to make arrangements for payment of any Department invoice within 45 days of receipt.

FUNDING SUMMARY. 4.1 The Department and the Sponsor agree that the project will be financed at a not- to- exceed, STBGACOG-UZA TAP total estimated cost of $7,500,000581,767, as described below: FUNDING SOURCE => STBGACOG-UZA TAP Sponsor STATE JOB PIECE NO. DESCRIPTION TOTAL ESTIMATED COST SHARE (%) AMOUNT SHARE (%) AMOUNT 36148(0437939(04) Widen & Resurface Construction - (With 6% Inspection) $9,375,000 727,189 80 up to a limit of $7,500,000 581,767 Remainder $1,875,000 145,442 Total $9,375,000 727,189 Total=> $7,500,000 581,767 Total=> $1,875,000 145,442 4.2 Furthermore, the Department and the Sponsor agree that actual STBGACOG-UZA TAP costs incurred by project phases (JP 36148(0437939(04)) may exceed initial estimates. Costs between these project phases will be administratively adjusted based on actual cost of each phase, within the total cost of this Agreement, without formal supplemental Agreement, in so far as the total project agreement is not exceeded. 4.3 It is understood by the Sponsor and the Department that the funding participation stipulated herein may be altered due to bid prices, actual construction supervision costs and non-participating costs incurred during construction. The Sponsor will be responsible for payment of any estimated local funding prior to advertising the project for bid. Upon final acceptance of this project, the total project cost will be determined, and the final amount of local funds (if any) will be determined by the Department’s Comptroller per the terms of this Agreement. A refund will then be made by the Department to the Sponsor or additional funding will be requested. The Sponsor agrees to make arrangements for payment of any Department invoice within 45 days of receipt.

FUNDING SUMMARY. 4.1 The Department and the Sponsor agree that the project will be financed at a not- to- exceed, STBGACOG-UZA TAP total estimated cost of $7,500,000186,206, as described below: FUNDING SOURCE => STBGACOG-UZA TAP Sponsor STATE JOB PIECE NO. DESCRIPTION TOTAL ESTIMATED COST SHARE (%) AMOUNT SHARE (%) AMOUNT 36148(0437941(04) Widen & Resurface Construction - (With 6% Inspection) $9,375,000 232,758 80 up to a limit of $7,500,000 186,206 Remainder $1,875,000 46,552 Total $9,375,000 232,758 Total=> $7,500,000 186,206 Total=> $1,875,000 46,552 4.2 Furthermore, the Department and the Sponsor agree that actual STBGACOG-UZA TAP costs incurred by project phases (JP 36148(0437941(04)) may exceed initial estimates. Costs between these project phases will be administratively adjusted based on actual cost of each phase, within the total cost of this Agreement, without formal supplemental Agreement, in so far as the total project agreement is not exceeded. 4.3 It is understood by the Sponsor and the Department that the funding participation stipulated herein may be altered due to bid prices, actual construction supervision costs and non-participating costs incurred during construction. The Sponsor will be responsible for payment of any estimated local funding prior to advertising the project for bid. Upon final acceptance of this project, the total project cost will be determined, and the final amount of local funds (if any) will be determined by the Department’s Comptroller per the terms of this Agreement. A refund will then be made by the Department to the Sponsor or additional funding will be requested. The Sponsor agrees to make arrangements for payment of any Department invoice within 45 days of receipt.

FUNDING SUMMARY. 4.1 The Department and the Sponsor agree that the project will be financed at a not- to- to-exceed, ACOG STBG-UZA total estimated cost of $7,500,0002,855,610.00, as described below: FUNDING SOURCE => STBG-UZA Sponsor STATE JOB PIECE NO. DESCRIPTION TOTAL ESTIMATED COST SHARE (%) AMOUNT SHARE (%) AMOUNT 36148(04Design - Right-of-Way - Utilities - 35321(04) Widen & Resurface Construction - (With 6% Inspection) $9,375,000 3,600,000 80 up to a limit of $7,500,000 2,855,610 Remainder $1,875,000 Total $9,375,000 Total=> $7,500,000 Total=> $1,875,000 744,390 4.2 Furthermore, the Department and the Sponsor agree that actual STBG-UZA costs incurred by project phases (phase JP 36148(04)) 35321(04 may exceed initial estimates. Costs between these project phases will be administratively adjusted based on actual cost of each phase, within the total cost of this Agreement, without formal supplemental Agreement, in so far as the total project agreement is not exceeded. 4.3 It is understood by the Sponsor and the Department that the funding participation stipulated herein may be altered due to bid prices, actual construction supervision costs and non-participating costs incurred during construction. The Sponsor will be responsible for payment of any estimated local funding prior to advertising the project for bid. Upon final acceptance of this project, the total project cost will be determined, and the final amount of local funds (if any) will be determined by the Department’s Comptroller per the terms of this Agreement. A refund will then be made by the Department to the Sponsor or additional funding will be requested. The Sponsor agrees to make arrangements for payment of any Department invoice within 45 days of receipt.

FUNDING SUMMARY. 4.1 The Department and the Sponsor agree that the project will be financed at a not- to- to-exceed, ACOG STBG-UZA total estimated cost of $7,500,0002,792,114, as described below: FUNDING SOURCE => STBG-UZA Sponsor STATE JOB PIECE NO. DESCRIPTION TOTAL ESTIMATED COST SHARE (%) AMOUNT SHARE (%) AMOUNT 36148(04Design - Right-of-Way - Utilities - 35325(04) Widen & Resurface Construction - (With 6% Inspection) $9,375,000 3,490,143 80 up to a limit of $7,500,000 2,792,114 Remainder $1,875,000 Total $9,375,000 Total=> $7,500,000 Total=> $1,875,000 698,029 4.2 Furthermore, the Department and the Sponsor agree that actual ACOG STBG-UZA costs incurred by project phases (JP 36148(04)phase JP35325(04) may exceed initial estimates. Costs between these project phases will be administratively adjusted based on actual cost of each phase, within the total cost of this Agreement, without formal supplemental Agreement, in so far as the total project agreement is not exceeded. 4.3 It is understood by the Sponsor and the Department that the funding participation stipulated herein may be altered due to bid prices, actual construction supervision costs and non-participating costs incurred during construction. The Sponsor will be responsible for payment of any estimated local funding prior to advertising the project for bid. Upon final acceptance of this project, the total project cost will be determined, and the final amount of local funds (if any) will be determined by the Department’s Comptroller per the terms of this Agreement. A refund will then be made by the Department to the Sponsor or additional funding will be requested. The Sponsor agrees to make arrangements for payment of any Department invoice within 45 days of receipt.

FUNDING SUMMARY. 4.1 The Department and the Sponsor agree that the project will be financed at a not- to- to-exceed, ACOG STBG-UZA SAFETY total estimated cost of $7,500,000377,575, as described below: FUNDING SOURCE => ACOG STBG-UZA SAFETY Sponsor STATE JOB PIECE NO. DESCRIPTION TOTAL ESTIMATED COST SHARE (%) AMOUNT SHARE (%) AMOUNT 36148(0436854(04) Widen & Resurface Construction - (With 6% Inspection) $9,375,000 80 377,575 100% up to a limit of $7,500,000 377,575 Remainder $1,875,000 Total $9,375,000 Total=> $7,500,000 Total=> $1,875,000 0 4.2 Furthermore, the Department and the Sponsor agree that actual STBG-UZA ACOG STBG- SAFETY costs incurred by project phases (JP 36148(04)36854(04) may exceed initial estimates. Costs between these project phases will be administratively adjusted based on actual cost of each phase, within the total cost of this Agreement, without formal supplemental Agreement, in so far as the total project agreement is not exceeded. 4.3 It is understood by the Sponsor and the Department that the funding participation stipulated herein may be altered due to bid prices, actual construction supervision costs and non-participating costs incurred during construction. The Sponsor will be responsible for payment of any estimated local funding prior to advertising the project for bid. Upon final acceptance of this project, the total project cost will be determined, and the final amount of local funds (if any) will be determined by the Department’s Comptroller per the terms of this Agreement. A refund will then be made by the Department to the Sponsor or additional funding will be requested. The Sponsor agrees to make arrangements for payment of any Department invoice within 45 days of receipt.

FUNDING SUMMARY. 4.1 The Department and the Sponsor agree that the project will be financed at a not- to- to-exceed, STBG-UZA ACOG STBG total estimated cost of $7,500,0003,908,965, as described below: FUNDING SOURCE => ACOG STBG-UZA SAFETY Sponsor STATE JOB PIECE NO. DESCRIPTION TOTAL ESTIMATED COST SHARE (%) AMOUNT SHARE (%) AMOUNT 36148(0436870(04) Widen & Resurface Construction - (With 6% Inspection) $9,375,000 80 5,223,224 80% up to a limit of $7,500,000 3,908,965 Remainder $1,875,000 Total $9,375,000 Total=> $7,500,000 Total=> $1,875,000 1,314,259 4.2 Furthermore, the Department and the Sponsor agree that actual STBG-UZA ACOG STBG- SAFETY costs incurred by project phases (JP 36148(04)36870(04) may exceed initial estimates. Costs between these project phases will be administratively adjusted based on actual cost of each phase, within the total cost of this Agreement, without formal supplemental Agreement, in so far as the total project agreement is not exceeded. 4.3 It is understood by the Sponsor and the Department that the funding participation stipulated herein may be altered due to bid prices, actual construction supervision costs and non-participating costs incurred during construction. The Sponsor will be responsible for payment of any estimated local funding prior to advertising the project for bid. Upon final acceptance of this project, the total project cost will be determined, and the final amount of local funds (if any) will be determined by the Department’s Comptroller per the terms of this Agreement. A refund will then be made by the Department to the Sponsor or additional funding will be requested. The Sponsor agrees to make arrangements for payment of any Department invoice within 45 days of receipt.