Inactive Obligations Clause Samples
Inactive Obligations. Percent of obligated but unexpended balance for all inactive projects compared to total annual apportionments. <2% Quarterly FHWA/ Financial Measures length of time a project has not incurred expenses within specified time and dollar thresholds. Projects are deemed inactive obligation meaning federal funds were committed, or obligated, but the project is not advancing. Mandated in 23 CFR; helps gauge effective administration of Federal funds and project management. Dollar amount of projects identified as inactive (shown in FMIS Q reports) divided by annual State apportionment (shown in annual apportionment Notice dated Oct 1st. ID PERFORMANCEINDICATOR/MEAS URE GOAL (PER YEAR) AGREED/ PROPOSED (REPORT CYCLE) Calendar Year LEAD REPORTING AUTHORITY SUPPORTINGJUSTIFICATION FOR PERFORMANCE INDICATOR/MEASUREAND OTHER COMMENTS 7 Routine Inspections - Percent of routine bridge inspections on schedule. 100% Annual WVDOT/ Bridge Shows how many routine bridge inspections were completed no later than 24 months since the previous routine inspection. In order to be in compliance with the NBIS, 100% of Routine bridge inspections must be completed within 24 months. 8 Underwater Bridge Inspections - Percent of Underwater bridge Inspections on schedule. 100% Annual WVDOT/ Bridge Shows how many underwater bridge inspections were completed no later than 60 months since the previous underwater inspection. In order to be in compliance with the NBIS, 100% of Underwater bridge inspections must be completed within 60 months. Previous Underwater bridge inspection date plus 60 months.
Inactive Obligations. NJDOT will submit justifications for the quarterly FIRE Workbook list of projects within 60 days of quarter end. Each justification will answer why the project became inactive, provide a current cost estimate, provide a current status, and describe when the project is expected to become active again. In those instances where the current obligation exceeds the current cost estimate the obligation will be reduced no later than end of that quarter. FHWA-NJ will advise NJDOT of any inadequate justifications with 15 calendar days of receipt.