Capital
<br />WBS
<br />Capital
<br />Total
<br />Capital
<br />Federal (80%)
<br />Capital
<br />State (10 %)
<br />Capital
<br />Local (10%)
<br />51001.66.2.3
<br />$104,320
<br />$83,456
<br />$10,432
<br />$10,432
<br />Capital
<br />Capital
<br />Capital
<br />Capital
<br />Capital
<br />Agreement
<br />YR
<br />Capital
<br />WBS
<br />Capital
<br />Total
<br />Capital
<br />Federal (80%)
<br />Capital
<br />State (10%)
<br />Capital
<br />Local (10%)
<br />Project
<br />Total
<br />Project
<br />Total
<br />Project
<br />Total Federal
<br />Project
<br />Total State
<br />Project
<br />Total Local
<br />Section 4: Period of Perfbirmance. This Agreement shall commence upon the date ofexecution,
<br />unless specific written authorization from the Department to the contrary is received. The period of
<br />performance for all expenditures shall extend from July 1, 2017 to June 30, 2018, unless written
<br />authorization to the contrary is provided by the Department. Any requests to change the Period of
<br />Performance must b� made in accordance with the policies and prnoedOnyo established by the
<br />DepartmentorFTA. The Grantee shall commence, carry on, and complete the approved Project vvitha|/
<br />practicable dispatch, ina sound, economical, and efficient manner.
<br />SecUon5. Grantee's Capacity.
<br />a. The Grantee agrees to maintain sufficient legal, financial, technical, and managerial capability to:
<br />(1) Plan, manage, and. complete the Project ondprovdefortheumeofProject property;
<br />(2) Carry out the safety and security aspects of the Project; and
<br />(3) Comply with the terms of this agreement, the Master Agreement
<br />between the FTA and the Department, the Approved Project Budost^1heProject schedules,
<br />the Grantee's annual Certifications and Assurances to the Department, and applicable
<br />Federal and State laws, regulations, and directives,
<br />h. . The Grantee nhnU
<br />complete and submit to the Department a sworn written statement pursuant to N.C.G.G. 143C-0-
<br />23(c), stating that the Grantee does not have any overdue tax debts, as defined by G.8. 105-243. 1,
<br />et the Federal, State, or local level. The Grantee acknowledges that the written statement must
<br />be submitted to the Department prior to execution of this Agreement and disbursement Pf funds.
<br />The certification will be incorporated into this Agreement as Attachment B.
<br />C. Administrative Requirements. The Grantee agrees to comply with the following Federal and State
<br />administrative requinarnente:
<br />/1\ U.S. DOT naQu|otinne, Uniform Administrative Requirements, Coat Principles, and audit
<br />Requirements for Federal Awards, .
<br />.CD Title 19A North Carolina Administrative Code (N.C.A.C.) Subchapter 5B.
<br />d. Application Directives. To achieve compliance
<br />with uhang|ng federal requirements, the Grantee makes note that federal, state and local
<br />requirements may change and the changed requirements will apply to this Agreement as required.
<br />u. Irrespective of
<br />involvement by any other participant in the Project, the Grantee agrees that it, rather than the
<br />participant, is ultimately responsible for compliance with all applicable Federal and State laws,
<br />regulations, and directives, the Master Agreement between the FTA and the Department, and this
<br />Agreement, except to the extent that the Department determines ' thewviseinmndjnQ.Unless
<br />otherwise authorized inVvrtinAby the Dapa�nnent'the Grantee oho||not assign any portion ofthe
<br />work toba performed under this Agreement, orexecute any contract, amendment, or change order
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