Payment and Reporting Requirements. Grantee must ensure expenditures reported comply with the Allowable Cost document provided by PHC. Grantee must retain documentation for each expense. If PHC requests additional information or documentation of expenses, Grantee must respond to the request within seven (7) business days.
a. In the Financial Report, Grantee must report expenses of at least 75% of all available grant funds (funds that have already been disbursed as well as the next payment for which Xxxxxxx is eligible to request reimbursement). If Grantee has not spent at least 75% of available funds, unless there are extenuating circumstances, PHC may not approve the next payment until the Grantee submits a plan detailing its intended use of the remaining funds, including amount, estimated date of expense or purchase, allowable cost category and the description of the planned expense or purchase.
Payment and Reporting Requirements. A. Monthly Invoicing
i. BCDHHS shall provide Contractor with a monthly invoice template.
ii. Contractor shall complete and submit monthly invoices and supporting documentation that supports the amount invoiced on/or before the fifteenth (15th) calendar day following the reporting period, regardless of the level of activity or amount of expenditure(s) in the preceding report period.
a. Any invoices submitted 90 days after due date will not be accepted by BCDHHS.
iii. Monthly invoiced expenses shall be for actual expenditures incurred by the Contractor.
iv. BCDHHS shall not pay for vacant positions funded through this Funding Agreement.
v. Monthly invoiced expenses may not be reimbursable by any other funding source.
vi. Monthly invoices shall only include expenditures for the prior billing period. Any adjustments to a previously billed period need to be billed as an amendment to a previous invoice.
vii. The invoice shall contain the name and title of the person authorized, or his or her designee, to submit claims for payment.
viii. All invoices, supporting documentation, and applicable reports shall be submitted electronically to BCDHHS via email to: xxxxxxxxxxxxxxxxxxx@xxxxxxxxxxxxx.xxx and xxxxxxx@xxxxxxxxxxxxx.xxx
B. Supporting Documentation
i. Monthly invoices shall be supported by a general ledger and/or sub-ledger detail generated from the Contractor’s accounting system to include payee, description, date, and amount.
a. For participant services, participant name and purpose must be included (for those participants who have signed an authorization to release information).
b. For personnel requests, an excerpt of the payroll register from the paying system is appropriate. The payroll register should include staff name(s) or initials, period paid, salary and itemized employer-paid taxes and benefits.
ii. Supporting documentation submitted with monthly invoices must meet or exceed the amount being invoiced.
iii. Contractor shall keep on site for BCDHHS review, for the Contract term plus eight years, the following supporting documentation for each invoice:
a. Non-personnel reimbursements must be supported by general ledger or sub-ledger detail generated from Contractor’s accounting system.
1. The ledger detail should include payee, description, date and amount.
2. For participant services, participant name and purpose must be maintained on file (for those participants who have signed an authorization to release information).
3. The documentation should in...
Payment and Reporting Requirements. The Subrecipient must comply with the following payment and reporting procedures:
(a) The Subrecipient must utilize the Cash Request page or section of FRS to control the cash requirements for program operations. OWD reserves the right to monitor and, when deemed necessary by OWD, restrict cash flow to prevent accumulation of excess cash. Excess cash shall be defined as cash on hand in excess of cumulative cash disbursed through the same accounting period. The Subrecipient shall provide an explanation on the monthly Contract Progress Report (CPR) when cumulative cash requested exceeds cumulative cash disbursed reported throughthe same accounting period. FRS will require cumulative cash disbursed to be entered in order to submit the monthly CPR. Cumulative cash disbursed cannot be greater than cumulative cash
(b) The Subrecipient must, during the term of this Agreement, prepare and submit monthly to OWD, a monthly CPR. This report shall be reflective of the approved budget line items as outlined in the contract. The Subrecipient must submit this report no later than the close of business on the tenth (10th) calendar day of the month for non-end of quarter months and on the fifteenth (15th) calendar day of the month for end of quarter months following the month for which activities are reported upon to OWD. Reports shall be prepared on an accrual basis, and include all costs incurred for the period, without regard to payment date. The Subrecipient shall utilize the Final Report feature on the CPR when closing out each funding contract. FRS will require the CPR to be marked final and closeout report completed on all CPRs when the cumulative expenditures and cash drawn match the budget.
(c) The Subrecipient must comply with the OWD Issuance for Program Year 2021/Fiscal Year 2022 Workforce Innovation and Opportunity Act Formula Allocations to Local Workforce Development Boards for Adult, Youth, and Dislocated Worker Programs Policy regarding the completion of Planning Budget Summaries (PBS).
(d) The Subrecipient must comply with the terms and conditions concerning closeout of the sub- award in 2 CFR 200.343, Closeout, with the exception that after the period of performance is complete, the Subrecipient will have two (2) CPR cycles instead of ninety (90) calendar days where applicable. All CPRs that have cumulative expenditures and cash drawn fully reported in FRS will now be required to submit the closeout report in FRS in order to submit the CPRs.
(e) The Subr...
Payment and Reporting Requirements. In consideration of the aforementioned services by the Contractor, and if all conditions and requirements are met, Fulton County agrees to pay the Contractor the total sum not to exceed Ten Thousand Dollars ($10,000) from funds approved and allocated to FCAC's fiscal budgets for 2019. Payment of the contract amount is subject to budget appropriations for 2019 by the Commission. Under no circumstance, except by written amendment, shall the amount payable to the contractor exceed the amount specified herein.
Payment and Reporting Requirements. 3.1 The City shall disperse the Provincial Contribution to the Recipient pursuant to the terms and conditions of the Provincial Contribution Agreement, and in accordance with the Project Timelines. A detailed payment schedule will be included in Schedule “D” once the RFP process to undertake the Phase 1 renovation of the building is concluded and negotiated Project budgets are finalized, with the approval of the City’s Director of Economic Development and Innovation.
3.2 In the event that the Recipient fails to comply with any of the conditions precedent set out in this Agreement, or any applicable legislation, including default in obtaining any necessary permits, approvals or licenses, the City may, in its sole and absolute discretion, withhold payment of or discontinue the Provincial Contribution towards the Project and terminate this Agreement, upon thirty (30) days written notice to the Recipient and the City shall not be liable to pay the Provincial Contribution to the Recipient.
3.3 The Recipient agrees to submit to the City’s Director of Economic Development and Innovation for review and acceptance, all costs incurred by the Recipient related to the development and construction of the Innovation Centre Facility for reimbursement accompanied by a Project status report as required under the “Reporting Requirements” in Schedule “C” of the Provincial Contribution Agreement (attached as Schedule “A” to this agreement). Upon receipt, the City’s Director of Economic Development and Innovation shall review the request for payment and confirm eligible costs that are payable in writing within two weeks of receipt.
3.4 In the event that the Recipient disputes the City’s determination that a cost incurred by the Recipient for the Project submitted for reimbursement is not an “eligible cost” as described in the Provincial Contribution Agreement, the Parties shall consult with the Province for final determination. The Recipient is responsible for any costs that are not eligible under the Provincial Contribution Agreement or that exceed the Project budget for Phase 1.
3.5 The Recipient shall submit to the City’s Director of Economic Development and Innovation an Annual Report no later than March 31 of each funding year, and Annual Audited Financial Statements no later than June 30 of each funding year. The Recipient shall submit to the City’s Director of Economic Development and Innovation a final Report and final Audited Financial Statements, within 120 days afte...
Payment and Reporting Requirements. 4.1 LASOC will perform all parts of the work specified in Exhibit A, Scope of Services for the price indicated therein and according to the terms and conditions of this agreement. Payments shall be made to LASOC in accordance with the method specified in Exhibit B following receipt and review by XXXXXX COUNTY of a completed Reimbursement Request Form and copies of all invoices supporting the request. If XXXXXX COUNTY determines through its inspection or review that LASOC has not performed, or is not performing all of the agreed upon services, payments to LASOC shall be subject to a pro-rata reduction. Performance will be measured by units, if applicable, or on a percentage of primary service goals. LASOC shall submit a final Reimbursement Request Form and any other reports specified by XXXXXX COUNTY within 30 days of the completion of the services contemplated by this Agreement.
4.2 If any subcontractors are used, LASOC shall certify in writing with the request for payments, and in the final payment request, that all subcontractors and suppliers have been paid for work completed.
Payment and Reporting Requirements. Expenditure and Payment of funds shall be made in accordance with the Method of Payment as identified in Exhibit “B” attached hereto and incorporated herein and the Request for Payment Form attached hereto as Exhibit “C” and incorporated herein. The COUNTY shall review and approve ORGANIZATION’S Method of Payment submission for conformance with this Agreement. The COUNTY shall not reimburse the ORGANIZATION for unallowable expenses. If the ORGANIZATION fails to perform any obligation hereunder, the COUNTY may withhold or adjust the amount of payments due under the Agreement until all obligations are met. The total amount of funding available may also be adjusted as a result of reductions in the level of funding available to the COUNTY, and as a result of programmatic changes and budgetary revisions agreed to by the parties. If the COUNTY determines through its inspection or review that the ORGANIZATION has not performed or is not performing the total agreed upon services, payments to the ORGANIZATION shall be subject to a pro-rata reduction. If the ORGANIZATION fails to provide the services required to be performed under this Agreement, all rights to payment are forfeited. The COUNTY shall not honor a late request for payment and will not be liable for non-payment of a late request. The ORGANIZATION shall submit its final Request for Payment Form, Program Performance Report Form attached hereto as Exhibit “D” and incorporated herein and any other required reports within 15 days of the termination or expiration of this Agreement. The COUNTY agrees to be bound by the applicable provisions of the Florida Prompt Payment Act, Florida Statutes Sections 218.70 et seq., in connection with this Agreement.
Payment and Reporting Requirements. Final payments to the Contractor will be upon the submission and verification of a final report and research results which shall be due one month after the end of the above-mentioned research period. The Contractor will submit invoices to NTNU based on the following schedule: Payment at the signature of this Agreement by both Parties : NOK 60.000 (20% of the total amount). 1st period payment: after verification of report and research results on June 2012 NOK 120.000 (40% of the total amount). 2nd period payment: after verification of report and research results on November 2012 NOK 120.000 (40% of the total amount). Beneficiary Name: Scuola Superiore Sant’Xxxx Istituto di Tecnologia dell’Informazione, della Comunicazione e della Percezione Beneficiary Address: Xxx Xxxxxxx, 1 – 56127 Pisa – Italy Bank Name & Address: UNICREDIT BANCA SpA, Filiale di Pisa – Piazza Garibaldi – IBAN IT 32 O 02008 14006 000401272765 BIC SWIFT XXXXXXX0X00. The payments shall be made by NTNU within 30 (thirty) days from date of receipt of an original invoice submitted by the Contractor according to the schedule set forth here above. Progress reports shall be submitted semi-annually.
Payment and Reporting Requirements. Grantee must ensure expenditures reported comply with the Allowable Cost document provided by PHC. Grantee must retain documentation for each expense. If PHC requests additional information or documentation of expenses, Grantee must respond to the request within seven (7) business days.
a. In the Financial Report, Grantee must account for at least 75% of all available grant funds (funds that have already been disbursed as well as the next payment for which Xxxxxxx is eligible to request reimbursement). If Grantee has not spent at least 75% of available funds, Grantee must list the planned use of at least 75% of available funds in order to be eligible to receive the next payment. Grantee must provide detail on the planned purchases including amount, estimated date the purchase will occur, allowable cost category and description of the planned purchase.
Payment and Reporting Requirements. Grantee must ensure expenditures reported comply with the allowable cost document provided by PHC. If PHC determines grantee is in compliance with the requirements set forth in Section D.1 and D.4, respectively, Grantee will be able to receive reimbursement for the additional twenty- five (25) percent of the first payment.
