Examples of Eligible Project Costs in a sentence
Eligible Project Costs BUILD Xxxxx Xxxxxx: $2,000,000 Other Federal Funds: $0 State Funds: $0 Local Funds: $0 Other Funds: $0 Total Eligible Project Cost: $2,000,000 In ¶ 11 of the agreement cover sheet, the amount listed in the “Federal” column is the “BUILD Grant Amount” in this section 3.3; the amount listed in the “Non-Federal” column is the sum of the “Other Federal Funds,” “State Funds,” “Local Funds,” and “Other Funds” in this section 3.3.
Grantee shall apply State funds received only to Eligible Project Costs in accordance with applicable provisions of the law and Exhibit B.
Eligible Project Costs include the reasonable costs of studies, engineering, design, land and easement acquisition, legal fees, preparation of environmental documentation, environmental mitigations, monitoring, and project construction.
Grantee shall remit to State any unexpended funds that were disbursed to Grantee under this Funding Agreement and were not used to pay Eligible Project Costs within a period of sixty (60) calendar days from the final disbursement from State to Grantee of funds or, within thirty (30) calendar days of the expiration of the Funding Agreement, whichever comes first.
The State shall withhold ten percent (10%) of the funds requested by the Grantee for reimbursement of Eligible Project Costs until the Project is completed and Final Report is approved.