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2 <br />pursued in such sequence as to assure their expeditious <br />completion and as may be required in Schedule I. All <br />services required hereunder shall be completed on or <br />before June 30, 1993. <br />5. Compensation and Method of Payment. The Agency shall be <br />compensated for the work and services to be performed <br />.under this Contract as set forth in Schedule I and in <br />Service Attachment Forms I.-- III. In no event, however, <br />will the total compensation and reimbursement, if any, to <br />be paid the Agency under this Contract exceed the sum of <br />the federal and /or state funds as identified in Schedule <br />I. The terms set forth in this Contract for payment, <br />continuation, or renewal are contingent upon the receipt <br />of funds by the COG. <br />a) Interim Payments to Agency. <br />Aging, through the Area Agency, <br />interim payment equivalent to <br />(70 %) of one--twelfth (1/12) <br />related to this contract by t <br />month. <br />The Division of <br />will provide an <br />seventy percent <br />of the funds <br />he 22nd of each <br />b) Reimbursement of Unit -Based Services. The <br />Agency will report to the Area Agency, on a <br />monthly basis, the number of units of service <br />provided by service, by client. Based upon the <br />number of units provided, reimbursement will be <br />calculated by multiplying the number of units <br />provided for a given service times the agency's <br />projected net unit cost rate comprised of <br />federal /state funds and required local match. <br />This amount will then be reduced by the amount <br />of program income received for the service for <br />the month reported. The amount of <br />reimbursement due to the agency is 90% of the <br />remainder which represents the federal and <br />state portion for units provided minus program <br />income collected. Reimbursement will be the <br />net of the applicable month's interim payment. <br />In the event that an Agency has exhausted the <br />federal /state allocation for a given service <br />and continues to collect program income for <br />service units already reported, the program <br />income must be reported. Units of service <br />provided with program income collected after <br />the service allocation has been exhausted must <br />be reported along with any program income <br />associated with those units of service. <br />c) Reimbursement of Line Item Services. The <br />Agency will report to the Area Agency, on a <br />monthly basis, by service, the number of <br />persons served and allowable expenditures to be <br />charged. <br />