Orange County NC Website
Browse       Search
grant application for financial assistance , the terms of which are incorporated <br /> by reference . <br /> c . Amendment . Any amendment to this Agreement shall be done in writing and <br /> in accordance with established policies and procedures and only by mutual <br /> consent of the Parties . <br /> 5 . Cost of Project/ Project Budget <br /> The total cost of the Project approved by the Department is TWO HUNDRED FORTYA <br /> FOUR THOUSAND SIX HUNDRED NINE DOLLARS ( $ 244 , 609 ) as set forth in the <br /> Project Description and Budget , incorporated into this Agreement as AttachmentA . The <br /> Department shall provide , from Federal and State funds , the percentages of the actual <br /> net cost of the Project as indicated below , not in excess of the identified amounts for <br /> i <br /> eligible Administrative , Operating , and Capital expenses . The Subrecipient hereby agrees <br /> that it will provide the percentages of the actual net cost of the Project , as indicated below , <br /> and any amounts in excess of the Department' s maximum ( Federal plus State shares ) <br /> contribution . The net cost is the price paid minus any refunds , rebates , or other items of <br /> value received by the Subrecipient which have the effect of reducing the actual cost . <br /> Administration Administration Administration Administration Administration <br /> WBS Total Federal 80 % State ( 5 % ) Local ( 15 % <br /> 36233 . 80 . 15 . 1 $ 1767215 $ 140 , 972 $ 87810 $ 26 , 433 <br /> Agreement # wc D ®Q <br /> Operating Capital ] Capital I Capital I Capital I <br /> WBS Total Federal 24 % State 66 % Local 10 % <br /> 36233680215 . 3 $ 65 , 570 $ 157737 $ 43 , 276 $ 6 , 557 <br /> A reement # 9M00 ,3c;03F <br /> Capital Capital 11 Capital II Capital II Capital 11 <br /> WBS Total Federal 24 % State 66 % Local 10 % <br /> 36233 . 80 . 15 . 4 $ 27 824 $ 678 $ 13 864 $ 282 <br /> i <br /> A reement # CCX 0300 1 <br /> Project Project Project Project Project <br /> Total Total Total Federal Total State Total Local k <br /> $ 244 , 609 $ 1571387 $ 53 , 950 $ 33 , 272 <br /> 6 . Project Expenditures , Payments , and Reimbursement <br /> a . General . The Department , utilizing available state and federal funds , shall <br /> reimburse the Subrecipient for allowable costs for work performed under the <br /> terms of this Agreement . <br /> NCDOT PTD Federal Agreement Page 3 of 23 <br /> Revised 6/28/2018 <br />