Orange County NC Website
RESEARCH SQkt' 9 <br /> fi <br /> GRANT AWARD AGREEMENT <br /> �aJ <br /> 4P1*9RT17NIYY <br /> This agreement is made this 4th day of February by and between CCAP, Inc., having an <br /> address of 316 Green Street, Fayetteville, NC 28301, (Corporation) and Orange County <br /> on behalf of Orange County RSVP (Grantee), having an address of 2551 Homestead <br /> Road, Chapel Hill NC 27516. <br /> The Corporation hereby grants an award of 8085 to the Grantee for support of the <br /> Grantee's services related to CCAP, Inc. programs, projects and communications. In <br /> consideration of the mutual benefit to be derived by both parties, the parties agree as <br /> follows: <br /> 1. Term: A period beginning on July 1, 2013 and ending on June 30, 2014, unless <br /> earlier terminated as provided herein. <br /> 2. Grant Award parameters for Federal VITA Grant Funds: <br /> A. VITA Grant Eligible Activities: VITA Grant award funds must be used for the <br /> express purpose of supporting the Grantee's work in the following areas <br /> during the term set forth in paragraph 1, following all rules, regulations, and <br /> reporting requirements as set forth in IRS Publication 4671: VITA Grant 2014 <br /> Program Overview and Application Package: <br /> a) Operation of a VITA free income tax preparation program in conformity <br /> with IRS requirements, including allowable community outreach activities; <br /> B. VITA Grant Eligible Expenses: Allowable and unallowable expenses covered <br /> by the VITA grant are specified in IRS Publication 4671, referenced above. <br /> As specified by the IRS Grants Office, all expenses under this sub-award <br /> must be allowable and documented in conformity with the requirements of <br /> IRS Publication 4671 and must conform to Generally Accepted Accounting <br /> Principles (GAAP). Attached to this contract is a list of allowable and <br /> unallowable expenses to provide guidance, but since it cannot cover all <br /> possible expenses, Grantees should refer.to Publication 4671 and/or consult <br /> with CCAP, Inc. staff to ensure that all expenses meet IRS guidelines. <br /> Questions may be referred to Kim Stafford via email: kcstafforda-ccap-inc.org <br /> or phone (910) 485-6131 Ext. 1111. <br /> C. VITA Grant Payment Terms: Payment of eligible expenses will be provided <br /> on a reimbursement basis. An exception may be made to cover the cost of a <br /> major purchase for technology and equipment, for example computer <br /> equipment. In order to receive an advance payment for a major purchase, <br /> the invoice must be accompanied by a formal estimate from the vendor and <br /> then the actual purchase must be made within three days of the Grantee's <br /> VITA Agreement 1 of 6 <br />