Common use of PROJECT FUNDING Clause in Contracts

PROJECT FUNDING. A. The AUTHORITY agrees to pay, on a reimbursement basis, to the GRANTEE, the sum of $ of the proposed $ total budget cost for the PROJECT. B. The GRANTEE shall pay PROJECT costs prior to requesting reimbursement from the AUTHORITY. The AUTHORITY shall reimburse the GRANTEE for fifty percent (50%) of all allowable costs in each approved invoice based upon the listed tasks contained in Exhibit “A”, not to exceed the sum of $ as identified in paragraph 3.A. above. Reimbursement requests must include all documentation required by the AUTHORITY for proper audit review and the GRANTEE shall certify that the request for payment is appropriate and that said task or portion thereof has been completed. C. The GRANTEE shall provide the AUTHORITY with a schedule and description of “tasks” for the PROJECT with the cost associated with each task set forth. D. The Grantee shall submit a final PROJECT reimbursement request after completion of the project, which shall be no later than September 30, 2023. The final reimbursement request must be submitted no later than December 31, 2023. Requests submitted after December 31, 2023 shall not be considered for reimbursement. E. The AUTHORITY shall, within sixty (60) days after receipt of a payment request, review the work accomplished to date under this Agreement and, if the work and payment request are in accordance with all applicable requirements, approve the request for payment.

PROJECT FUNDING. A. The AUTHORITY agrees to pay, on a reimbursement basis, to the GRANTEE, the sum of $ of the proposed $ total budget cost for the PROJECT. B. The GRANTEE shall pay PROJECT costs prior to requesting reimbursement from the AUTHORITY. The AUTHORITY shall reimburse the GRANTEE for fifty percent (50%) of all allowable costs in each approved invoice based upon the listed tasks contained in Exhibit “A”, not to exceed the sum of $ as identified in paragraph 3.A. above. Reimbursement requests must include all documentation required by the AUTHORITY for proper audit review and the GRANTEE shall certify that the request for payment is appropriate and that said task or portion thereof has been completed. C. The GRANTEE shall provide the AUTHORITY with a schedule and description of “tasks” for the PROJECT with the cost associated with each task set forth. D. The Grantee shall submit a final PROJECT reimbursement request after completion of the project, which shall be no later than September 30, 20232020. The final reimbursement request must be submitted no later than December 31, 20232020. Requests submitted after December 31, 2023 2020 shall not be considered for reimbursement. E. The AUTHORITY shall, within sixty (60) days after receipt of a payment request, review the work accomplished to date under this Agreement and, if the work and payment request are in accordance with all applicable requirements, approve the request for payment.

PROJECT FUNDING. A. The AUTHORITY agrees to pay, on a reimbursement basis, to the GRANTEE, the sum of $ $_______ of the proposed $ $_______ total budget cost for the PROJECT. B. The GRANTEE shall pay PROJECT costs prior to requesting reimbursement from the AUTHORITY. The AUTHORITY shall reimburse the GRANTEE for fifty percent (50%) of all allowable costs in each approved invoice based upon the listed tasks contained in Exhibit “A”, not to exceed the sum of $ $________ as identified in paragraph 3.A. above. Reimbursement requests must include all documentation required by the AUTHORITY for proper audit review and the GRANTEE shall certify that the request for payment is appropriate and that said task or portion thereof has been completed. C. The GRANTEE shall provide the AUTHORITY with a schedule and description of “tasks” for the PROJECT with the cost associated with each task set forth. D. The Grantee shall submit a final PROJECT reimbursement request after completion of the project, which shall be no later than September 30, 20232022. The final reimbursement request must be submitted no later than December 31, 20232022. Requests submitted after December 31, 2023 2022 shall not be considered for reimbursement. E. The AUTHORITY shall, within sixty (60) days after receipt of a payment request, review the work accomplished to date under this Agreement and, if the work and payment request are in accordance with all applicable requirements, approve the request for payment.

PROJECT FUNDING. A. The AUTHORITY agrees to pay, on a reimbursement basis, to the GRANTEE, the sum of $ of the proposed $ total budget cost for the PROJECT. B. The GRANTEE shall pay PROJECT costs prior to requesting reimbursement from the AUTHORITY. The AUTHORITY shall reimburse the GRANTEE for fifty percent (50%) of all allowable costs in each approved invoice based upon the listed tasks contained in Exhibit “A”, not to exceed the sum of $ as identified in paragraph 3.A. above. Reimbursement requests must include all documentation required by the AUTHORITY for proper audit review and the GRANTEE shall certify that the request for payment is appropriate and that said task or portion thereof has been completed. C. The GRANTEE shall provide the AUTHORITY with a schedule and description of “tasks” for the PROJECT with the cost associated with each task set forth. D. The Grantee shall submit a final PROJECT reimbursement request after completion of the project, which shall be no later than September 30, 20232024. The final reimbursement request must be submitted no later than December 31, 20232024. Requests submitted after December 31, 2023 2024 shall not be considered for reimbursement. E. The AUTHORITY shall, within sixty (60) days after receipt of a payment request, review the work accomplished to date under this Agreement and, if the work and payment request are in accordance with all applicable requirements, approve the request for payment.

PROJECT FUNDING. A. The AUTHORITY agrees to pay, on a reimbursement basis, to the GRANTEE, the sum of $ of the proposed $ total budget cost for the PROJECT. B. The GRANTEE shall pay PROJECT costs prior to requesting reimbursement from the AUTHORITY. The AUTHORITY shall reimburse the GRANTEE for fifty percent (50%) of all allowable costs in each approved invoice based upon the listed tasks contained in Exhibit “A”, not to exceed the sum of $ as identified in paragraph 3.A. above. Reimbursement requests must include all documentation required by the AUTHORITY for proper audit review and the GRANTEE shall certify that the request for payment is appropriate and that said task or portion thereof has been completed. C. The GRANTEE shall provide the AUTHORITY with a schedule and description of “tasks” for the PROJECT with the cost associated with each task set forth. D. The Grantee shall submit a final PROJECT reimbursement request after completion of the project, which shall be no later than September 30, 20232021. The final reimbursement request must be submitted no later than December 31, 20232021. Requests submitted after December 31, 2023 2021 shall not be considered for reimbursement. E. The AUTHORITY shall, within sixty (60) days after receipt of a payment request, review the work accomplished to date under this Agreement and, if the work and payment request are in accordance with all applicable requirements, approve the request for payment.

PROJECT FUNDING. A. The AUTHORITY agrees to pay, on a reimbursement basis, to the GRANTEE, the sum of $ of the proposed $ total budget cost for the PROJECT. B. The GRANTEE shall pay PROJECT costs prior to requesting reimbursement from the AUTHORITY. The AUTHORITY shall reimburse the GRANTEE for fifty percent (50%) of all allowable costs in each approved invoice based upon the listed tasks contained in Exhibit “A”, not to exceed the sum of $ as identified in paragraph 3.A. above. Reimbursement requests must include all documentation required by the AUTHORITY for proper audit review and the GRANTEE shall certify that the request for payment is appropriate and that said task or portion thereof has been completed. C. The GRANTEE shall provide the AUTHORITY with a schedule and description of “tasks” for the PROJECT with the cost associated with each task set forth. D. The Grantee shall submit a final PROJECT reimbursement request after completion of the project, which shall be no later than September 30, 20232022. The final reimbursement request must be submitted no later than December 31, 20232022. Requests submitted after December 31, 2023 2022 shall not be considered for reimbursement. E. The AUTHORITY shall, within sixty (60) days after receipt of a payment request, review the work accomplished to date under this Agreement and, if the work and payment request are in accordance with all applicable requirements, approve the request for payment.