Common use of Procurement Funding Clause in Contracts

Procurement Funding. (A) Funds to cover the Federal share of the vehicles' cost may be provided through an appropriation authorized by Titles 49 and 23 of the U.S.C. of 1964, as amended, and it shall be the responsibility of the COMMISSION to obtain these funds. Inability of the COMMISSION for any reason to obtain funds shall result, upon notification by the COMMISSION to the CONTRACTOR, in termination of the contract. (B) The maximum amount of funds payable to the CONTRACTOR for the equipment described in Section 2 (Scope of Work) shall be listed below: 17 Passenger ADA Accessible Bus at XXXXXXX each. (C) Payment of Cost. Mississippi Department of Transportation (hereinafter referred to as “MDOT”) personnel will inspect all vehicles within five working days of notification that a vehicle is on the ground at the dealer’s location. This inspection will include only the mechanical and physical parts of the vehicle. Any problems found will be corrected by the dealer. After the vehicle has been found to meet specifications and has no problems, an invoice will be accepted. The invoice will be processed for payment in the next payment cycle. It will be the CONTRACTOR’S responsibility to insure the vehicle until it is delivered to the final contractor. The lettering will be applied to the vehicle according to MDOT specifications. The vehicle will only be delivered to the final contractor with the approval and assistance of MDOT personnel.

Procurement Funding. (A) Funds to cover the Federal share of the vehicles' cost may be provided through an appropriation authorized by Titles 49 and 23 of the U.S.C. of 1964, as amended, and it shall be the responsibility of the COMMISSION to obtain these funds. Inability of the COMMISSION for any reason to obtain funds shall result, upon notification by the COMMISSION to the CONTRACTOR, in termination of the contract. (B) The maximum amount of funds payable to the CONTRACTOR for the equipment described in Section 2 (Scope of Work) shall be listed below: 17 27/29 Passenger Non ADA Accessible Passenger Bus at XXXXXXX each. (C) Payment of Cost. Mississippi Department of Transportation (hereinafter referred to as “MDOT”) personnel will inspect all vehicles within five working days of notification that a vehicle is on the ground at the dealer’s location. This inspection will include only the mechanical and physical parts of the vehicle. Any problems found will be corrected by the dealer. After the vehicle has been found to meet specifications and has no problems, an invoice will be accepted. The invoice will be processed for payment in the next payment cycle. It will be the CONTRACTOR’S responsibility to insure the vehicle until it is delivered to the final contractor. The lettering will be applied to the vehicle according to MDOT specifications. The vehicle will only be delivered to the final contractor with the approval and assistance of MDOT personnel.

Procurement Funding. (A) Funds to cover the Federal share of the vehicles' cost may be provided through an appropriation authorized by Titles 49 and 23 of the U.S.C. of 1964, as amended, and it shall be the responsibility of the COMMISSION to obtain these funds. Inability of the COMMISSION for any reason to obtain funds shall result, upon notification by the COMMISSION to the CONTRACTOR, in termination of the contract. (B) The maximum amount of funds payable to the CONTRACTOR for the equipment described in Section 2 (Scope of Work) shall be listed below: 17 27/29 A- ADA Passenger ADA Accessible Bus at XXXXXXX each. (C) Payment of Cost. Mississippi Department of Transportation (hereinafter referred to as “MDOT”) personnel will inspect all vehicles within five working days of notification that a vehicle is on the ground at the dealer’s location. This inspection will include only the mechanical and physical parts of the vehicle. Any problems found will be corrected by the dealer. After the vehicle has been found to meet specifications and has no problems, an invoice will be accepted. The invoice will be processed for payment in the next payment cycle. It will be the CONTRACTOR’S responsibility to insure the vehicle until it is delivered to the final contractor. The lettering will be applied to the vehicle according to MDOT specifications. The vehicle will only be delivered to the final contractor with the approval and assistance of MDOT personnel.

Procurement Funding. (A) Funds to cover the Federal share of the vehicles' cost may be provided through an appropriation authorized by Titles 49 and 23 of the U.S.C. of 1964, as amended, and it shall be the responsibility of the COMMISSION to obtain these funds. Inability of the COMMISSION for any reason to obtain funds shall result, upon notification by the COMMISSION to the CONTRACTOR, in termination of the contract. (B) The maximum amount of funds payable to the CONTRACTOR for the equipment described in Section 2 (Scope of Work) shall be listed below: 17 24/25 Passenger A-ADA Accessible Bus at XXXXXXX each. (C) Payment of Cost. Mississippi Department of Transportation (hereinafter referred to as “MDOT”) personnel will inspect all vehicles within five working days of notification that a vehicle is on the ground at the dealer’s location. This inspection will include only the mechanical and physical parts of the vehicle. Any problems found will be corrected by the dealer. After the vehicle has been found to meet specifications and has no problems, an invoice will be accepted. The invoice will be processed for payment in the next payment cycle. It will be the CONTRACTOR’S responsibility to insure the vehicle until it is delivered to the final contractor. The lettering will be applied to the vehicle according to MDOT specifications. The vehicle will only be delivered to the final contractor with the approval and assistance of MDOT personnel.

Procurement Funding. (A) Funds to cover the Federal share of the vehicles' cost may be provided through an appropriation authorized by Titles 49 and 23 of the U.S.C. of 1964, as amended, and it shall be the responsibility of the COMMISSION to obtain these funds. Inability of the COMMISSION for any reason to obtain funds shall result, upon notification by the COMMISSION to the CONTRACTOR, in termination of the contract. (B) The maximum amount of funds payable to the CONTRACTOR for the equipment described in Section 2 (Scope of Work) shall be listed below: 17 24/25 Passenger A- ADA Accessible Passenger Bus at XXXXXXX each. (C) Payment of Cost. Mississippi Department of Transportation (hereinafter referred to as “MDOT”) personnel will inspect all vehicles within five working days of notification that a vehicle is on the ground at the dealer’s location. This inspection will include only the mechanical and physical parts of the vehicle. Any problems found will be corrected by the dealer. After the vehicle has been found to meet specifications and has no problems, an invoice will be accepted. The invoice will be processed for payment in the next payment cycle. It will be the CONTRACTOR’S responsibility to insure the vehicle until it is delivered to the final contractor. The lettering will be applied to the vehicle according to MDOT specifications. The vehicle will only be delivered to the final contractor with the approval and assistance of MDOT personnel.