2013-074 Aging - NCDOT - FY2014 Section 5310 Non Urbanized Area Public Transportation Grant

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Page 3 of 40 Contractor also agrees to notify the Department immediately, in writing, of any current or prospective major dispute, breach, default, or litigation that may adversely affect the Federal/State Government's interests in the Project or the Federal/State Government's administration or enforcement of Federal/State laws or regulations; and agrees to inform the Department, also in writing, before naming the Federal or State Government as a party to ligation for any reason, in any forum. d. Limitations of Agreement. This Agreement shall be subject to the availability of Federal and State funds, and contingent upon the terms and conditions of the Master Agreement between the FTA and the Department. Section 3. Project Budget/Cost of Project. The total cost of the Project approved by the Department is ONE HUNDRED FIFTY-THREE THOUSAND EIGHT HUNDRED TWO DOLLARS ($153,802) as set forth in the Project Description and Budget, incorporated into this Agreement as Appendix A. The Department shall provide, from Federal and State funds, the percentages of the actual net cost of the Project as indicated below, not in excess of the identified amounts for eligible operating, and capital expenses. The Contractor hereby agrees that it will provide the percentages of the actual net cost of the Project, as indicated below, and any amounts in excess of the Department's maximum (Federal plus State shares). The net cost is the price paid minus any refunds, rebates, or other items of value received by the Contractor which have the effect of reducing the actual cost. The Contractor shall initiate and prosecute to completion all actions necessary to enable it to provide its share of the Project costs at the time directed. All of the local match must be provided from sources other than federal funds. Mobility Mobility Mobility Mobility Mobility Management Management Management Management Management WBS Total Federal (80%) State (10%) Local (10%) 51001.66.1.4 $149,888 $119,910 $14,988 $14,990 Agreement# oboo235 Capital Capital Capital Capital Capital WBS Total Federal (80%) State(10%) Local (10%) 51001.66.1.1. $3,914 $3,131 $391 $392 A reement#,20DbM23 bfl Project Total Project Project Project Project Total Total Federal Total State Total Local $153,802 $123,041 $15,379 $15,382 Section 4. Period of Performance. This Agreement shall commence upon the date of execution, unless specific written authorization from the Department to the contrary is received. The period of performance for all expenditures shall extend from JULY 1, 2013 to JUNE 30, 2014, unless written authorization to the contrary is provided by the Department. Any requests to change the Period of Performance must be submitted 60 days before the end of the current Performance Period and in accordance with the policies and procedures established by the Department or FTA. The Contractor shall commence, carry on, and complete the approved Project with all practicable dispatch, in a sound, economical, and efficient manner. Section 5. Contractor's Capacity. a. The Contractor also agrees to maintain sufficient legal, financial, technical, and managerial capability to: Revised 02/20/13