Common use of Limitations on Expenditures Clause in Contracts

Limitations on Expenditures. the Subrecipient shall not be reimbursed or otherwise compensated for any expenditures incurred or services provided prior to the Effective Date or following the earlier of the expiration or termination of this Agreement. The City shall only reimburse the Subrecipient for documented expenditures incurred during the term of this Agreement that are: (i) reasonable and necessary to carry out the work detailed in the project description, (ii) documented by contracts or other evidence of liability consistent with established Federal, state, and local procurement guidelines, and (iii) incurred in accordance with all applicable requirements for the expenditure of funds payable under this Agreement.

Appears in 2 contracts

Samples: Subaward Agreement, Subaward Agreement

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Limitations on Expenditures. the Subrecipient shall not be reimbursed or otherwise compensated for any expenditures incurred or services provided prior to the Effective Date or following the earlier of the expiration or termination of this Agreement. The City Parish shall only reimburse the Subrecipient for documented expenditures incurred during the term of this Agreement that are: (i) reasonable and necessary to carry out the work detailed in the project description, (ii) documented by contracts or other evidence of liability consistent with established Federal, state, and local procurement guidelines, and (iii) incurred in accordance with all applicable requirements for the expenditure of funds payable under this Agreement.

Appears in 1 contract

Samples: Subaward Agreement

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Limitations on Expenditures. the Subrecipient shall not be reimbursed or otherwise compensated for any expenditures incurred or services provided prior to the Effective Date or following the earlier of the expiration or termination agreement. No expenditures are allowed after the date of this AgreementJune 30, 2023. The City shall only reimburse the Subrecipient for documented expenditures incurred during the term of this Agreement Term that are: (i) reasonable and necessary to carry out the work detailed in the project description, Scope of Work; (ii) documented by contracts or other evidence of liability consistent with established Federalfederal, state, state and local procurement guidelines, ; and (iii) incurred in accordance with all applicable requirements for the expenditure of funds payable under this Agreement.

Appears in 1 contract

Samples: Subrecipient Agreement

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