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DocuSign Envelope ID:63E81679-OC83-4B6C-B9E4-AFBB81985720 <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 ONE HUNDRED <br /> SEVENTY-FOUR THOUSAND NINE HUNDRED SIXTY DOLLARS ($174,960) as set <br /> forth in the Project Description and Budget, incorporated into this Agreement as <br /> Attachment A. The Department shall provide, from Federal and State funds, the <br /> percentages of the actual net cost of the Project as indicated below, not in excess of the <br /> identified amounts for eligible Administrative, Operating, and Capital expenses. The <br /> Subrecipient hereby agrees that it will provide the percentages of the actual net cost of <br /> the Project, as indicated below, and any amounts in excess of the Department's maximum <br /> (Federal plus State shares) contribution. The net cost is the price paid minus any refunds, <br /> rebates, or other items of value received by the Subrecipient which have the effect of <br /> reducing the actual cost. <br /> Administration Administration Administration Administration Administration <br /> WBS Total Federal (80%) State (5%) Local (15%) <br /> 36233.80.16.1 $174,960 $139,968 $8,748 $26,244 <br /> Agreement # 2000035376 <br /> Project Project Project Project Project <br /> Total Total Total Federal Total State Total Local <br /> $174,960 $139,968 $8,748 $26,244 <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 /> b. Reimbursement Procedures. The Subrecipient shall submit for reimbursement <br /> all eligible costs incurred within the agreement Period of Performance. <br /> i. Claims for reimbursement shall be made no more than monthly or less <br /> than quarterly, using the State's grant system, Enterprise Business <br /> Services (EBS) Partner Application. <br /> ii. All requests for reimbursement must be submitted within (30) days <br /> following the end of the project's reporting period. Any Subrecipient that <br /> fails to submit a request for reimbursement for the first two quarters of <br /> NCDOT PTD Federal Agreement Page 3 of 23 <br /> Revised 12/28/2018 <br />