Common use of Suspension of Funding Clause in Contracts

Suspension of Funding. a) Funds may be suspended in whole or in part for cause prior to or in lieu of contract termination. Cause shall include, but is not limited to, the following: (1) Failure to comply in any respect with any of the terms or conditions of this contract. (2) Any violation of applicable state, local, or federal regulations or SDWP guidelines. (3) Submittal of reports to SDWP that are incorrect in any substantial and material respect. (4) The grant to SDWP for this program is terminated or suspended. (5) The Subrecipient is unable or unwilling to accept any additional conditions that may be required by law, by executive order, by regulations, or by other policy announced by the grantor or SDWP. b) Upon suspension of contract funding, Subrecipient agrees not to expend any funds related to or connected with the area of conflict from which SDWP has determined that suspension of contract funding is necessary. c) It is understood and agreed that subrecipient shall submit to SDWP a contract closeout package in accordance with the procedures delineated in the Chapter VI, Financial Management, of the Operations Manual. Failure to submit said package shall result in the withholding of any final payment due under this contract and/or payments or advances requested under other SDWP-funded contracts until such time as SDWP receives Subrecipient’s closeout package for this contract.

Suspension of Funding. a) a. Funds may be suspended in whole or in part for cause prior to or in lieu of contract termination. Cause shall include, but is not limited to, the following: (1) i. Failure to comply in any respect with any of the terms or conditions of this contract. (2) ii. Any violation of applicable state, local, or federal regulations or SDWP guidelines. (3) iii. Submittal of reports to SDWP that are incorrect in any substantial and material respect. (4) iv. The grant to SDWP for this program is terminated or suspended. (5) v. The Subrecipient is unable or unwilling to accept any additional conditions that may be required by law, by executive order, by regulations, or by other policy announced by the grantor or SDWP. b) b. Upon suspension of contract funding, Subrecipient agrees not to expend any funds related to or connected with the area of conflict from which SDWP has determined that suspension of contract funding is necessary. c) c. It is understood and agreed that subrecipient shall submit to SDWP a contract closeout package in accordance with the procedures delineated in the Chapter VI, Financial Management, of the Operations Manual. Failure to submit said package shall result in the withholding of any final payment due under this contract and/or payments or advances requested under other SDWP-funded contracts until such time as SDWP receives Subrecipient’s closeout package for this contract.