Common use of Project Construction Costs Clause in Contracts

Project Construction Costs. Project construction financing will be accomplished by one of the three methods as indicated in this agreement. The State shall reimburse the Agency for the Federal share of eligible project costs up to the amount shown on the face of this agreement. At the time of audit, the Agency will provide documentation of all costs incurred on the project. The State shall bill the Agency for all costs incurred by the State relative to the project. The State shall also bill the Agency for the federal funds paid by the State to the Agency for project costs which are subsequently determined to be ineligible for federal participation (see Section IX).

Project Construction Costs. Project construction financing will be accomplished by one of the three methods as indicated in this agreement. The State shall reimburse the Agency for the Federal share of eligible project costs up to the amount shown on the face of this agreement. At the time of audit, the Agency will provide documentation of all costs incurred on the project. The State shall bill xxxx the Agency for all costs incurred by the State relative to the project. The State shall also bill xxxx the Agency for the federal funds paid by the State to the Agency for project costs which are subsequently determined to be ineligible for federal participation (see Section IX).