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DocuSign Envelope ID:25158025-ADOF-4044-B3BF-3AB3BFDF53FD <br /> Appendix B <br /> NC State University <br /> Cost Reimbursement Terms and Conditions <br /> for NC DOT CFAT Subawards (version 10-2017) <br /> 3. Incorporation of Prime. The Subaward is also subject to the terms and conditions of the <br /> Prime Agreement, identified in Block 94 and incorporated into the Subaward as Appendix <br /> C. Prior approval from NCSU is required to extend the period of performance of this <br /> Subaward. Any exceptions or additions to the Prime Award will be identified in the <br /> Special Terms and Conditions, under Block #6. In the event of conflicts among the <br /> various documents and agreements, the following order of precedence will govern: <br /> 1. Subaward Notice including any Special Terms and Conditions and modifications <br /> 2. NCSU Standard Terms and Conditions Cost Reimbursement Subaward, 10-2017 <br /> 3. Proposal or Statement Of Work, and approved budget incorporated into the Subaward <br /> 4. Terms and conditions of the Prime Award <br /> 4. Invoice and Payment. <br /> A. Subrecipient must request reimbursement for allowable costs incurred no more <br /> frequently than monthly but at least quarterly from the individual named in Block#15. <br /> Invoices must include the Subaward number; the period covered by the invoice and must <br /> show the same level of cost detail as the approved proposal budget. Invoices must show <br /> expenditures and cost share contributions for the current period and the cumulative <br /> amount to date. The invoice must include a certification by an authorized official as to <br /> truth and accuracy of the invoice. <br /> B. Subrecipient must submit an invoice marked "FINAL," not later than sixty (60) <br /> days after Subaward end date. Notwithstanding any terms and conditions or other <br /> provisions contained in the final invoice or any accompanying correspondence, the final <br /> invoice and/or financial statement constitutes Subrecipient's final request for <br /> reimbursement and upon its payment by NCSU, a release by which the Subrecipient does <br /> remise, release and discharge NCSU, its officers, agents and employees of and from all <br /> liabilities, obligations, claims and demands whatsoever under or arising from the <br /> Subaward. Both NCSU and Subrecipient understand that all payments are provisional and <br /> are subject to adjustment as a result of an adverse audit finding concerning the Subaward. <br /> In the event that Subrecipient fails to submit either a FINAL invoice or request for no- <br /> cost extension within the time frame established above, NCSU shall consider the last <br /> regular invoice to be the FINAL invoice. Any unexpended balance from the Total <br /> Sponsored Funds to Date (7.c.) will be automatically deobligated and NCSU will not <br /> make any further payments to that Subrecipient. <br /> C. If a cost-sharing amount appears in Block#7,e., Subrecipient must report such <br /> cost-share expenditures to NCSU with each invoice, either on the invoice or separately on <br /> the Subrecipient's letterhead. The report must show current period expenditures, <br /> cumulative expenditures, and a certification as to the truth and accuracy of the report. <br /> The Subrecipient may not use Federal funds to meet cost-share obligations under any <br /> other Federal awards. <br /> Appendix B NCSU CR Subaward'rerms for NC DOT•outreach and education subs 10.25.17 page 2 of 9 <br />