Agenda - 08-17-1993 - III-D - Laserfiche WebLink

Browse Search

Page 3 of 20 aforementioned documents, and any subsequent amendments or revisions thereto, are herewith incorporated by reference, and are on file with and approved by the Department in accordance with the terms and conditions of this Agreement. Nothing shall be construed under the terms of this Agreement by the Department or the Contractor that shall cause any conflict with. Department, State, or Federal statutes, rules, or regulations. Section 3. Limitations of Agreement. This Agreement shall be subject to the availability of funds, and contingent upon the terms and conditions of a grant agreement between the FTA and the Department. Section 4. Period of Performance. This Agreement shall commence July 1, unless specific written authorization from the Department to the contrary is received, and the period of performance shall extend from the commencement date to June 30. The Contractor shall commence, carry on, and complete the approved Project with all practicable dispatch, in a sound, economical , and efficient manner. Upon written authorization from the Department, this Agreement may be renewed on an annual basis to allow for the performance of additional Projects. Section 5. Cost of Project.. The Department shall reimburse the Contractor for allowable costs for work performed under terms of this Agreement which shall be financed with Federal Section 18 funds and State funds. The Contractor shall expend funds provided in this Agreement in accordance with the approved Annual Budget which is specifically incorporated herein by reference. It is understood and agreed that the work conducted pursuant to this Agreement shall be done on a actual cost basis by the Contractor. The amount of reimbursement from the Department shall not exceed the funds budgeted in the approved Annual Budget.