Orange County NC Website
,Y ,.��....—��-��.,.�..... .... ,..�........._.._�.�.,.:.....�.�_.:...-v...r.-mow `__.I .. <br /> ATTACHMENT B: Payment of Federal and State Funds to Contractor <br /> The Council of Governments will endeavor to secure advance payment <br /> from its funding source and forward fund the Contractor accordingly, <br /> By the eleventh (ii) day of each month the Contractor will submit tc <br /> COG a financial report outlining actual expenditures of the preceedi <br /> month and the cumulative amount of federal and non-federal funds bot <br /> earned and unearned. On the basis of the COG's review of this report <br /> funds will be sent to the Contractor in an amount sufficient for the <br /> Contractor to have on hand one-twelfth (1/12th) of the budgeted fede <br /> and state funds. <br /> It is the responsibility of the Contractor to make arrangements for <br /> and to secure in a timely manner the local matching cash and in-kind <br /> support from its local contributing sources. <br />