Common use of Other Basis for FTA Participation Clause in Contracts

Other Basis for FTA Participation. The Recipient agrees that if federal law or FTA permits an Underlying Agreement to be financed on a basis other than its “Net Project Cost,” as defined in 49 U.S.C. § 5302, or under previous authorizing legislation: (i) FTA will provide federal assistance for all or part of the cost of the Underlying Agreement that is eligible for federal assistance; (ii) In some instances, FTA has discretion to determine the amount of federal assistance to provide for each specific Project or related activities; and (iii) FTA will use the amount stated in the Underlying Agreement as the “Total Award Budget” to calculate the “Total FTA Amount Awarded and Obligated.”

Appears in 20 contracts

Samples: Master Agreement, Master Agreement, Master Agreement

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Other Basis for FTA Participation. The Recipient agrees that if federal law or FTA permits an Underlying Agreement to be financed on a basis other than its “Net Project Cost,” as defined in 49 U.S.C. § 5302, or under previous authorizing legislation: (ia) FTA will provide federal assistance for all or part of the cost of the Underlying Agreement that is eligible for federal assistance;, (iib) In some instances, FTA has discretion to determine the amount of federal assistance to provide for each specific Project or related activities; , and (iiic) FTA will use the amount stated in the Underlying Agreement as the “Total Award Budget” to calculate the “Total FTA Amount Awarded and Obligated.”

Appears in 6 contracts

Samples: Master Agreement, Master Agreement, Master Agreement

Other Basis for FTA Participation. The Recipient agrees that if If federal law or FTA permits an Underlying Agreement to be financed on a basis other than its “Net Project Cost,” as defined in 49 U.S.C. § 5302, or under applicable previous authorizing legislation: (ia) FTA will provide federal assistance for all or part of the cost of the Underlying Agreement that is eligible for federal assistance;, (iib) In some instances, FTA has discretion to determine the amount of federal assistance to provide for each specific Project or related activities; , and (iiic) FTA will use the amount stated in the Underlying Agreement awarding federal assistance for the Underlying Agreement as the “Total Award Budget” to calculate the “Total FTA Amount Awarded and Obligated.”

Appears in 2 contracts

Samples: Master Agreement, Master Agreement

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Other Basis for FTA Participation. The Recipient agrees that if If federal law or FTA permits an Underlying Agreement to be financed on a basis other than its “Net Project Cost,” as defined in 49 U.S.C. § 5302, or under applicable previous authorizing legislation:legislation:‌ (ia) FTA will provide federal assistance for all or part of the cost of the Underlying Agreement that is eligible for federal assistance;, (iib) In some instances, FTA has discretion to determine the amount of federal assistance to provide for each specific Project or related activities; , and (iiic) FTA will use the amount stated in the Underlying Agreement awarding federal assistance for the Underlying Agreement as the “Total Award Budget” to calculate the “Total FTA Amount Awarded and Obligated.”

Appears in 1 contract

Samples: Master Agreement

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