Common use of RECAPTURE PROVISION Clause in Contracts

RECAPTURE PROVISION. In the event that the CONTRACTOR fails to expend State Funds in accordance with state law and/or the provisions of this AGREEMENT, WSDOT reserves the right to recapture State Funds in an amount equivalent to the extent of noncompliance. The CONTRACTOR agrees to repay such State Funds under this recapture provision within thirty (30) days of demand.

Appears in 5 contracts

Samples: Interlocal Agreement, Purpose of Agreement, Agreement

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