Common use of Funds Available and Authorized Clause in Contracts

Funds Available and Authorized. Both parties certify that, as of this IGA’s date of execution, sufficient funds are available and authorized for expenditure to finance the costs of this IGA within either party’s current appropriation or limitation. Both parties understand and agree that payment of amounts under this IGA attributable to work performed after the last date of the current budget period is contingent on either party receiving appropriations, limitations, or other expenditure authority.

Funds Available and Authorized. Both parties certify that, as of this IGA’s date of execution, that at the time the IGA is written that sufficient funds are available and authorized for expenditure to finance the costs of this IGA within either party’s current appropriation or and limitation. Both parties understand and agree that payment of amounts under this IGA attributable to work performed after the last date of the current budget period is contingent on either party receiving appropriations, limitations, or other expenditure authority.