INTEREST EARNED i. If SUBRECIPIENT earns interest on funds received pursuant to this CONTRACT, that interest shall be identified as income to the program(s) for which this CONTRACT provides and shall be used and expended only for said program(s). SUBRECIPIENT shall maintain in its files full documentation of such interest earnings and expenditures.
ii. If SUBRECIPIENT is a nonprofit it shall maintain any advances of funds or contributions received under this CONTRACT interest-bearing accounts, unless “a” or “b” below apply:
a. The best reasonably available interest-bearing account would not be expected to earn interest in excess of $250 per year on the funds deposited pursuant to this CONTRACT combined with other federal cash balances, if any, maintained by SUBRECIPIENT; or
b. The depository would require an average or minimum balance so high that it would not be feasible within the expected cash resources SUBRECIPIENT expects to receive under this CONTRACT.
INTEREST EARNED. A. If Subrecipient earns interest on funds received pursuant to this Contract, that interest shall be identified as income to the program(s) for which this Contract provides and shall be used and expended only for said program(s). Subrecipient shall maintain in its files full documentation of such interest earnings and expenditures.
B. If Subrecipient is a nonprofit, it shall maintain any advances of funds or contributions received under this Contract in interest-bearing accounts, unless “a” or “b” below apply:
i. The best reasonably available interest-bearing account would not be expected to earn interest in excess of $500 per year on the funds deposited pursuant to this Contract combined with other federal cash balances, if any, maintained by Subrecipient; or
ii. The depository would require an average or minimum balance so high that it would not be feasible within the expected cash resources Subrecipient expects to receive under this Contract.
1. Subrecipient’s Budget:
2. The above Cost Categories is an overview of the actual budget approved by the Office on Aging. Subrecipient shall be responsible for and maintain the approved Budget Summary by Funding Source and Revenue Sources spreadsheet that is provided to Subrecipient from Office on Aging. The Budget Summary by Funding Source and Revenue Sources spreadsheet shall be maintained and completed in accordance with the Office on Aging policies and processes. Any deviation from the Office on Aging approved budget, may and can delay acceptance of budgets and/or reimbursements.
INTEREST EARNED. A. If Subrecipient earns interest on funds received pursuant to this Contract, that interest shall be identified as income to the program(s) for which this Contract provides and shall be used and expended only for said program(s). Subrecipient shall maintain in its files full documentation of such interest earnings and expenditures.
B. If Subrecipient is a nonprofit, it shall maintain any advances of funds or contributions received under this Contract in interest-bearing accounts, unless “a” or “b” below apply:
i. The best reasonably available interest-bearing account would not be expected to earn interest in excess of $500 per year on the funds deposited pursuant to this Contract combined with other federal cash balances, if any, maintained by Subrecipient; or
ii. The depository would require an average or minimum balance so high that it would not be feasible within the expected cash resources Subrecipient expects to receive under this Contract.
1. Subrecipient’s Budget:
2. The above Cost Categories is an overview of the actual budget approved by the Office on Aging. Subrecipient shall be responsible for and maintain the approved Budget Summary by Funding Source and Revenue Sources spreadsheet that is provided to Subrecipient from Office on Aging. The Budget Summary by Funding Source and Revenue Sources spreadsheet shall be maintained and completed in accordance with the Office on Aging policies and processes. Any deviation from the Office on Aging approved budget, may and can delay acceptance of budgets and/or reimbursements.
I. Health Insurance Counseling and Advocacy Program (HICAP) – July 1, 2020 2021 to June 30, 20212022 Program Manager 1.00 Community Education/Outreach Specialist 0.75 Volunteer Coordinator and Community Outreach 0.83 Latino Community Education/Outreach Coordinator 0.95 Latino Staff Counselor 0.00 Vietnamese Community Education/Outreach 0.20 Vietnamese Staff Counselor – MT 0.15 Vietnamese Staff Counselor – TP 0.00 Operations Coordinator – RL 1.00 Volunteer Training Specialist – AS 0.25 Outreach 0.00 Administrative Team 0.61 TOTAL: 5.74
II. Medicare Improvements for Patients and Providers Act (MIPPA) – July 1, 2020 2021 to September August 2931, 20202021 Program Director 0.00 Program Manager 0.00 Community Education/Outreach Coordination 0.00 Community Education/Outreach Specialist 0.05 Latino Community Education/Outreach 0.05 Latino Staff Counselor 0.15 Volunteer Specialist 0.00 Vietnamese Community Education/Outreach 0.05 Vietnamese...
INTEREST EARNED. 1. Interest earned on federal advance payments deposited in interest-bearing accounts must be remitted annually to CDA. Interest amounts up to $500 per year may be retained by the Contractor and subcontractors for administrative expenses. [45 CFR 75.305 (b)(9)]
2. Interest earned on advances of federal funds shall be identified as non-match cash.
3. The Contractor must maintain advance payments of federal awards in interest- bearing accounts, unless the following apply: [45 CFR 75.305 (b)(8)]
a. The Contractor receives less than $120,000 in federal awards per year.
b. The best reasonably available interest-bearing account would not be expected to earn interest in excess of $500 per year on federal cash balances.
c. The depository would require an average or minimum balance so high that it would not be feasible within the expected federal and non-federal cash resources.
d. A foreign government or banking system prohibits or precludes interest bearing accounts.
INTEREST EARNED. A. If Subrecipient earns interest on funds received pursuant to this Contract, that interest shall be identified as income to the program(s) for which this Contract provides and shall be used and expended only for said program(s). Subrecipient shall maintain in its files full documentation of such interest earnings and expenditures.
B. If Subrecipient is a nonprofit, it shall maintain any advances of funds or contributions received under this Contract in interest-bearing accounts, unless “a” or “b” below apply:
i. The best reasonably available interest-bearing account would not be expected to earn interest in excess of $500 per year on the funds deposited pursuant to this Contract combined with other federal cash balances, if any, maintained by Subrecipient; or
ii. The depository would require an average or minimum balance so high that it would not be feasible within the expected cash resources Subrecipient expects to receive under this Contract. DocuSign Envelope ID: 9923AE6D-7AA6-497C-A7E9-68EA4B6E9470
INTEREST EARNED a. If CONTRACTOR earns interest on funds received pursuant to this Contract, that interest shall be identified as income to the program(s) for which this Contract provides and shall be used and expended only for said program(s). CONTRACTOR shall maintain in its files full documentation of such interest earnings and expenditures.
b. If CONTRACTOR is a nonprofit it shall maintain any advances of funds or contributions received under this Contract in interest-bearing accounts, unless (i) or (ii) apply:
(i) The best reasonably available interest-bearing account would not be expected to earn interest in excess of $250 per year on the funds deposited pursuant to this Contract combined with other federal cash balances, if any, maintained by CONTRACTOR; or
(ii) The depository would require an average or minimum balance so high that it would not be feasible within the expected cash resources CONTRACTOR expects to receive under this Contract.
INTEREST EARNED. Interest earned in excess of $250 on General Funds allocated to Adult Services, Children's Services, or Community Mental Health Crisis Services may be used only for the services described, and during the term, of this Contract. Interest earned on funds received from the federal government must be handled in accordance with federal law.
INTEREST EARNED. A. If Contractor earns interest on funds received pursuant to this Contract, that interest shall be identified as income to the program(s) for which this Contract provides and shall be used and expended only for said program(s). Contractor shall maintain in its files full documentation of such interest earnings and expenditures.
B. If Contractor is a nonprofit, it shall maintain any advances of funds or contributions received under this Contract in interest-bearing accounts, unless “a” or “b” below apply:
i. The best reasonably available interest-bearing account would not be expected to earn interest in excess of $500 per year on the funds deposited pursuant to this Contract combined with other federal cash balances, if any, maintained by Contractor; or
ii. The depository would require an average or minimum balance so high that it would not be feasible within the expected cash resources Contractor expects to receive under this Contract.
1. Contractor’s Budget:
2. The above Cost Categories is an overview of the actual budget approved by the Office on Aging. Contractor shall be responsible for and maintain the approved Budget Summary by Funding Source and Revenue Sources spreadsheet that is provided to Contractor from Office on Aging. The Budget Summary by Funding Source and Revenue Sources spreadsheet shall be maintained and completed in accordance with the Office on Aging policies and processes. Any deviation from the Office on Aging approved budget, may and can delay acceptance of budgets and/or reimbursements.
INTEREST EARNED. 1. Interest earned on federal advance payments deposited in interest-bearing accounts must be remitted annually to RCOoA. Interest amounts up to $500 per year may be retained by the Service Provider and subcontractors for administrative expenses. [2 CFR 200.305(b)(9)] [45 CFR 75.305 (b)(9)]
2. Interest earned on advances of federal and non-federal funds shall be identified as non-match cash. [2 CRF 200.305 (b)(8)] [45 CFR 75.305(b)(8)]
3. The Service Provider must maintain advance payments of federal awards in interest-bearing accounts, unless the following apply: [2 CFR 200.305(b)(8)] [45 CFR 75.305 (b)(8)]
a. The Service Provider receives less than $120,000 in federal awards per year.
b. The best reasonably available interest-bearing account would not be expected to earn interest in excess of $500 per year on federal cash balances.
c. The depository would require an average or minimum balance so high that it would not be feasible within the expected federal and non-federal cash resources.
d. A foreign government or banking system prohibits or precludes interest bearing accounts.
INTEREST EARNED. A. If Subrecipient earns interest on funds received pursuant to this Contract, that interest shall be identified as income to the program(s) for which this Contract provides and shall be used and expended only for said program(s). Subrecipient shall maintain in its files full documentation of such interest earnings and expenditures.
B. If Subrecipient is a nonprofit, it shall maintain any advances of funds or contributions received under this Contract in interest-bearing accounts, unless “a” or “b” below apply:
i. The best reasonably available interest-bearing account would not be expected to earn interest in excess of $500 per year on the funds deposited pursuant to this Contract combined with other federal cash balances, if any, maintained by Subrecipient; or
ii. The depository would require an average or minimum balance so high that it would not be feasible within the expected cash resources Subrecipient expects to receive under this Contract. DocuSign Envelope ID: 6981E64E-3BCB-4EFB-8056-24CC1EF3B10D
1. Subrecipient’s Budget: Case Management
I. Case Management
II. ENP: Congregate Meals
III. ENP: Home-Delivered Meals
IV. In-Home Services V. Transportation
1. Federal Award Identification
A. Subrecipient Name: City of Irvine B. Subrecipient’s Unique Identifier (DUNS): 072511363
C. Federal Award Identification Number (XXXX): 1901CAOASS-01, 1901CAOACM-01, 1901CAOAHD-01, 1901CAOANS-00, 2001CAOASS-00, 2001CAOACM-00, 2001CAOHD-00, and 2001CAOANS-00
D. Federal Award Date: 2020-2021
E. Subaward Period of Performance: July 1, 2020 to June 30, 2021 F. Total Amount of Federal Funds Obligated by the Action: $457,075 93.044 1901CAOASS-01 and 2001CAOASS-00 2020 Title III-B $34,069.50 93.044 1901CAOASS-01 and 2001CAOASS-00 2021 Title III-B $34,069.50 93.045 1901CAOACM-01 and 2001CAOACM-00 2020 Title III- C1 $112,320.50 93.045 1901CAOACM-01 and 2001CAOACM-00 2021 Title III- C1 $112,320.50 93.045 1901CAOAHD-01 and 2001CAOHD-00 2020 Title III- C2 $50,445.50 93.045 1901CAOAHD-01 and 2001CAOHD-00 2021 Title III- C2 $50,445.50 93.053 1901CAOANS-00 and 2001CAOANS-00 2020 Title III-C NSIP $31,702 93.053 1901CAOANS-00 and 2001CAOANS-00 2021 Title III-C NSIP $31,702 TOTAL: $457,075 G. Total Amount of Federal Funds Obligated to the Subrecipient: $457,075 H. Total Amount of the Federal Award: $457,075
I. Federal Award Project Description:
