Orange County NC Website
www.hud.gov espanol.hud.gov Page 3 <br />Pre-award Costs for Continuum of Care Planning <br /> The Recipient may, at its own risk, incur pre-award costs for continuum of care planning <br />awards, after the date of the HUD selection notice and prior to the effective date of this Agreement, if <br />such costs: a) are consistent with 2 CFR 200.458; and b) would be allowable as a post-award cost; <br />and c) do not exceed 10 percent of the total funds obligated to this award. The incurrence of pre- <br />award costs in anticipation of an award imposes no obligation on HUD either to make the award, or <br />to increase the amount of the approved budget, if the award is made for less than the amount <br />anticipated and is inadequate to cover the pre-award costs incurred. <br />These provisions apply to all Recipients: <br /> If any new projects funded under this Agreement are for project-based rental assistance for a <br />term of fifteen (15) years, the funding provided under this Agreement is for the performance period <br />stated herein only. Additional funding is subject to the availability of annual appropriations. <br /> The budget period and performance period of renewal projects funded by this Agreement will <br />begin immediately at the end of the budget period and performance period of the grant being <br />renewed. Eligible costs incurred between the end of Recipient's budget period and performance <br />period under the grant being renewed and the date this Agreement is executed by both parties may be <br />reimbursed with Grants Funds from this Agreement. No Grant Funds for renewal projects may be <br />drawn down by Recipient before the end date of the project’s budget period and performance period <br />under the grant that has been renewed. <br /> For any transition project funded under this Agreement the budget period and performance <br />period of the transition project(s) will begin immediately at the end of the Recipient's final operating <br />year under the grant being transitioned. Eligible costs, as defined by the Act and the Rule incurred <br />between the end of Recipient's final operating year under the grant being transitioned and the <br />execution of this Agreement may be paid with funds from the first operating year of this Agreement. <br /> HUD designations of Continuums of Care as High-performing Communities (HPCS) are <br />published on HUD.gov in the appropriate Fiscal Years’ CoC Program Competition Funding <br />Availability page. Notwithstanding anything to the contrary in the Application or this Agreement, <br />Recipient may only use grant funds for HPC Homelessness Prevention Activities if the Continuum <br />that designated the Recipient to apply for the grant was designated an HPC for the applicable fiscal <br />year. <br /> The Recipient must complete the attached “Indirect Cost Rate Schedule” and return it to <br />HUD with this Agreement. The Recipient must provide HUD with a revised schedule when any <br />change is made to the rate(s) included in the schedule. The schedule and any revisions HUD receives <br />from the Recipient will be incorporated into and made part of this Agreement, provided that each rate <br />included satisfies the applicable requirements under 2 CFR part 200 (including appendices). <br /> This Agreement shall remain in effect until the earlier of 1) written agreement by the parties; <br />2) by HUD alone, acting under the authority of 24 CFR 578.107; 3) upon expiration of the budget <br />period and performance period for all projects funded under this Agreement; or 4) upon the <br />expiration of the period of availability of Grant Funds for all projects funded under this Agreement. <br /> HUD notifications to the Recipient shall be to the address of the Recipient as stated in the <br />Recipient’s applicant profile in e-snaps. Recipient notifications to HUD shall be to the HUD Field <br />Office executing the Agreement. No right, benefit, or advantage of the Recipient hereunder may be <br />assigned without prior written approval of HUD. <br /> Build America, Buy America Act. The Grantee must comply with the requirements of the <br />Build America, Buy America (BABA) Act, 41 USC 8301 note, and all applicable rules and notices, <br />as may be amended, if applicable to the Grantee’s infrastructure project. Pursuant to HUD’s Notice, <br />“Public Interest Phased Implementation Waiver for FY 2022 and 2023 of Build America, Buy <br />America Provisions as Applied to Recipients of HUD Federal Financial Assistance” (88 FR 17001), <br />any funds obligated by HUD on or after the applicable listed effective dates, are subject to BABA <br />requirements, unless excepted by a waiver. <br /> The Agreement constitutes the entire agreement between the parties and may be amended <br />only in writing executed by HUD and the Recipient. <br /> By signing below, Recipients that are states and units of local government certify that they <br />are following a current HUD approved CHAS (Consolidated Plan). <br />DocuSign Envelope ID: D10F586A-6F83-4354-BD63-D104F5963F8A