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<br />,~~3~" :~ -.5~ ~~ ~ <br />~~ <br />FY 2007 <br />Agreement to Provide <br />Professional Cost Accounting Services to <br />Orange County, North Carolina <br />This Contract, entered into this day of , 2008 and effective <br />immediately by and between THM & Associates, Inc. (hereinafter referenced to as the <br />"Consultant") and Orange County, State of North Carolina (hereinafter referred to <br />as the "County"), <br />Witnessth That: <br />WHEREAS, County has programs which it operates with federal and/or state <br />funding, and <br />WHEREAS, County supports these programs with support services paid from <br />County appropriated funds, and <br />WHEREAS, federal and state funding require~that these programs be supported <br />by an approved cost allocation plan, and <br />WHEREAS, the Consultant is staffed with personnel knowledgeable and <br />experienced in preparing and negotiating such cost allocation plans with appropriate <br />federal and state cost negotiators, and <br />WHEREAS, the County desires to contract with Consultant to develop a cost <br />allocation plan which meets the Federal and State requirements governing the preparation <br />of such plans. <br />NOW THEREFORE, based upon the terms and conditions herein contained, the <br />parties agree as follows: <br />1. Scope of Services. The Consultant shall perform and carry out in a timely <br />and professional manner the following services (hereinafter "Services"): <br />a. Preparation (and negotiation with appropriate federal or state officials, <br />if applicable) of a central services cost allocation plan that identifies <br />and documents the various costs incurred by the County to support <br />and administer federal and state programs and contracts. This plan <br />will contain a determination of the allowable costs of providing each <br />supporting service such as accounts payable, facility costs, personnel, <br />purchasing, etc. <br />