LIMITATION OF PROGRAM FUNDS. A. The Contractor acknowledges that the IWRB cannot obligate funds prior to obtaining funding approval. B. The IWRB certifies that state or federal funds are presently available and authorized for expenditure to pay the portion of costs which will accrue during the current state or federal fiscal year or applicable grant period. C. The Contractor agrees that all obligations of the IWRB, including the continuance of payments under this Contract, are contingent upon the availability and continued appropriation of funds. In the event state or federal funds become unavailable as determined by the IWRB, the IWRB may immediately terminate this Contract or amend it accordingly. In no event shall the IWRB be liable for any payments in excess of approved or appropriated funds available for this project.
Appears in 4 contracts
Samples: Memorandum of Agreement, Memorandum of Agreement (Moa), Memorandum of Agreement
