Return of Project Cost Savings. If the actual costs of the PROJECT are less than the amount budgeted or the amount advanced by the TRANSPORTATION AUTHORITY, RECIPIENT shall return to the TRANSPORTATION AUTHORITY that proportion of the project cost savings that is equal to the percentage of the original project budget that consisted of Proposition K grant funds. The TRANSPORTATION AUTHORITY will program any returned funds in accordance with Strategic Plan policies.
Appears in 3 contracts
Samples: Agreement, Agreement, Grant Agreement
Return of Project Cost Savings. If the actual costs of the PROJECT are less than the amount budgeted or the amount advanced by the TRANSPORTATION AUTHORITY, RECIPIENT shall return to the TRANSPORTATION AUTHORITY that proportion of the project cost savings that is equal to the percentage of the original project budget that consisted of Proposition K grant XX xxxxx funds. The TRANSPORTATION AUTHORITY will program any returned funds in accordance with Strategic Plan policies.
Appears in 1 contract
Samples: Grant Agreement
Return of Project Cost Savings. If the actual costs of the PROJECT are less than the amount budgeted or the amount advanced by the TRANSPORTATION AUTHORITY, RECIPIENT shall return to the TRANSPORTATION AUTHORITY that proportion of the project cost savings that is equal to the percentage of the original project budget that consisted of Proposition K grant Prop XX xxxxx funds. The TRANSPORTATION AUTHORITY Transportation Authority will program any returned funds in accordance with Strategic Plan policies.
Appears in 1 contract
Samples: Grant Agreement
Return of Project Cost Savings. If the actual costs of the PROJECT are less than the amount budgeted or the amount advanced by the TRANSPORTATION AUTHORITY, RECIPIENT shall return to the TRANSPORTATION AUTHORITY that proportion of the project cost savings that is equal to the percentage of the original project budget that consisted of Proposition K TNC Tax grant funds. The TRANSPORTATION AUTHORITY will program any returned funds in accordance with Strategic Plan policiesPROGRAM GUIDELINES.
Appears in 1 contract
Samples: Standard Grant Agreement
Return of Project Cost Savings. If the actual costs of the PROJECT are less than the amount budgeted or the amount advanced by the TRANSPORTATION AUTHORITY, RECIPIENT shall return to the TRANSPORTATION AUTHORITY that proportion of the project cost savings that is equal to the percentage of the original project budget that consisted of Proposition Prop K grant funds. The TRANSPORTATION AUTHORITY will program any returned funds in accordance with Strategic Plan policies.
Appears in 1 contract
Samples: Agreement
Return of Project Cost Savings. If the actual costs of the PROJECT are less than the amount budgeted or the amount advanced by the TRANSPORTATION AUTHORITY, RECIPIENT shall return to the TRANSPORTATION AUTHORITY that proportion of the project cost savings that is equal to the percentage of the original project budget that consisted of Proposition Prop K grant funds. The TRANSPORTATION AUTHORITY will program any returned funds in accordance with Strategic Plan policies.
Appears in 1 contract
Samples: Grant Agreement