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Streets and Highways, the latest edition of the "Policy on Street and Driveway Access to <br /> North Carolina Highways", and departmental criteria. <br /> B. The improvement(s)shall be a part of the State Highway System and owned and maintained <br /> by the Department. <br /> 11. The County, at no expense to the Department, shall assume all maintenance responsibilities for <br /> the betterments and release the Department from all liability relating to such maintenance. <br /> BETTERMENT COSTS AND FUNDING <br /> 12. The County shall participate in the Betterment costs of the Project as follows: <br /> A. In accordance with the Complete Streets Policy, the County shall reimburse the <br /> Department fifteen percent (15%), of the actual cost, including administrative costs, of the <br /> work associated with construction of the new sidewalk. Based on the estimated cost of <br /> $455,144, the County shall submit a check for$68,272 to the Department's Division <br /> Engineer upon partial execution of the Agremeent by the County. Both parties undertand <br /> this is an estimated cost and is subject to change. <br /> B. Upon completion of the Project, if actual costs exceed the amount of payment, the <br /> County shall reimburse the Department any underpayment within sixty (60)days of <br /> invoicing by the Department. if the actual cost of the work is less than $455,144, the <br /> Department shall reimburse the County any overpayment. A late payment penalty and <br /> interest shall be charged on any unpaid balance due in accordance with NCGS § 147- <br /> 86.23. <br /> ADDITIONAL PROVISIONS <br /> 13. It is the policy of the Department not to enter into any agreement with another party that has been <br /> debarred by any government agency (Federal or State). The County certifies, by signature of this <br /> agreement, that neither it nor its agents or contractors are presently debarred, suspended, <br /> proposed for debarment, declared ineligible or voluntarily excluded from participation in this <br /> transaction by any Federal or State Department or Agency. <br /> 14. To the extent authorized by state and federal claims statutes, each party shall be responsible for <br /> its respective actions under the terms of this agreement and save harmless the other party from <br /> any claims arising as a result of such actions. <br /> Agreement ID#8985 4 <br />