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DocuSign Envelope ID: E5E3F6C3-1140-45DC-9E04-D9C3A4A5DE3A <br /> 42 <br /> FUNDING TABLE <br /> Fund Source Federal Funds Reimbursement Non-Federal Non-Federal <br /> Amount Rate Match $ Match Rate <br /> STP-DA $744,000 80% $186,000 20% <br /> Total Available Funding $930,000 <br /> WORK PERFORMED BY NCDOT <br /> All work performed by the Department on this Project, including, but not limited to, reviews, <br /> inspections, and Project oversight, during any phase of the delivery of the Project, shall reduce <br /> the funding available to the Municipality under this Agreement. The Department will set aside, <br /> but is not limited to, ten percent (10%)of the total available funding, or$93,000, to use towards <br /> the costs related to review and oversight of this Project. These costs may include but are not <br /> limited to: review and approval of plans, environmental documents, contract proposals, and <br /> engineering estimates; performance of any phase of work, for example, contract administration or <br /> construction engineering and inspection; oversight of any phases; or any other items as needed <br /> to ensure the Municipality's appropriate compliance with state and federal regulations. <br /> In the event that the Department does not utilize all the set-aside funding, then those remaining <br /> funds will be available for reimbursement to the Municipality at the above reimbursement rate. <br /> For all costs of work performed on the Project, whether incurred by the Municipality or by the <br /> Department, the Municipality shall provide the non-federal match. The Department will bill the <br /> Municipality for the non-federal match of any costs that the Department incurs on the Project and <br /> for any costs that exceed the total available funding. <br /> 4. PERIOD OF PERFORMANCE <br /> The Municipality has five (5)years to complete all work outlined in the Agreement from the date <br /> of authorization of Federal funds for the initial phase of work. Completion for this Agreement is <br /> defined as completion of all construction activities or implementation activities, acceptance of the <br /> project, and submission of a final reimbursement package to the Department. <br /> If additional time is needed to complete the Project, then a supplemental agreement must be <br /> executed. The Department and/or FHWA reserves the right to revoke the funds awarded if the <br /> Municipality is unable to meet milestone dates included herein. <br /> Agreement ID# 11619 5 <br />