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a <br />(2) FTA Master Agreement, dated October 1, 2005, at <br />(www.fta.dot.gov/funding/apply/grants_financing_3093.html); <br />(3) The State Management Plan for Federal and State Transportation <br />Programs (hereinafter referred to as "State Management Plan"); <br />(4) The project application for financial assistance; and <br />(5) The Community Transportation Improvement Plan for Orange County. <br />The aforementioned documents, and any subsequent amendments or revisions <br />thereto, are herewith incorporated by reference, and are on file with and approved by the <br />Department in accordance with the terms and conditions of this Agreement. Nothing shall be <br />construed under the terms of this Agreement by the Department or the Contractor that shall <br />cause any conflict with Department, State, or Federal statutes, rules, or regulations. <br />b. Cost of Proiect. The total cost of the Project approved by the Department is <br />ONE HUNDRED SEVENTY-SEVEN THOUSAND SEVEN HUNDRED EIGHT DOLLARS <br />($177,708) as set forth in the Project Description and Budget, incorporated into this Agreement <br />as Attachment A. <br />(1) State Share. The Department shall provide, from State funds, <br />EIGHTY-FIVE PERCENT (85%) of the actual net cost of the Project, not in excess of ONE <br />HUNDRED FIFTY-ONE THOUSAND FIFTY-ONE DOLLARS ($151,051). <br />(2) Local Share. The Contractor hereby agrees that it will provide <br />FIFTEEN PERCENT (15%) of the actual net cost of the Project and any amounts in excess of <br />the Department's maximum. The net cost is the price paid minus any refunds, rebates, or other <br />items of value received by the Contractor which have the effect of reducing the actual cost. The <br />Contractor shall initiate and prosecute to completion all actions necessary to enable it to provide <br />its share of the Project costs at the time directed. <br />c. Period of Performance. This Agreement shall commence upon the date of <br />execution, unless specific written authorization from the Department to the contrary is received. <br />Project 07-US-056 Page 3 of 49 <br />Orange County <br />