State Encumbrance Letter. The State may encumber the funds up to the maximum amount allowed during a given fiscal year by unilateral execution of an encumbrance letter in a form substantially equivalent to Exhibit D. The State shall provide a fully executed encumbrance letter to the Local Agency after execution. Delivery/performance of the goods/services shall continue at the same rate and under the same terms as established in the contract.
Appears in 5 contracts
Samples: Traffic Maintenance Agreement, Traffic Maintenance Agreement, Traffic Maintenance Agreement