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Agenda - 12-02-2024; 6-a - Orange County Global Agreement for Capital
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Agenda - 12-02-2024; 6-a - Orange County Global Agreement for Capital
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11/26/2024 9:47:08 AM
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BOCC
Date
12/2/2024
Meeting Type
Business
Document Type
Agenda
Agenda Item
6-a
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87 <br /> 2. Term: <br /> The Term, or period of performance, is defined as the latest anticipated completion date <br /> of all Projects identified in Exhibit A, which incorporates references to the Multi-Year <br /> Capital Improvement Plan. <br /> 3. Purpose: <br /> The purpose of this Agreement is to outline the details of how the Project(s) listed in Exhibit <br /> A attached hereto and incorporated herein by reference, being approved Projects in the <br /> Orange County Transit Annual Work Program, shall be implemented with programmed <br /> funding commitments as highlighted in the Exhibit A, in accordance with the requirements <br /> of the Comprehensive Participation Agreement. <br /> 4. Responsibilities: <br /> A. Responsibilities of the Implementing Party. <br /> (1) The Implementing Party shall provide the Projects listed in Exhibit A and fund the cost <br /> of the Projects on an up-front basis, except as provided herein. The Implementing <br /> Party is responsible for ensuring local funds are available to pay for costs incurred <br /> related to Project phases, or invoices, prior to requesting reimbursement from <br /> GoTriangle, except in instances where advance payments are requested. <br /> Implementing Parties may utilize pre-award authority for Capital Projects requiring <br /> immediate implementation. Pre-award authority may not be exercised until the annual <br /> budget has been recommended by the SWG and adopted by the governing boards of <br /> Orange County and GoTriangle. <br /> (2) The Orange County Transit Annual Work Program Reimbursement Request and <br /> Financial Report Template ("Reimbursement Requests") must be submitted by the <br /> Implementing Party at least quarterly, or monthly if preferred by the Implementing <br /> Party. The reimbursement request shall be emailed to <br /> DOTransitReimbursements@gotriangle.org with a copy to the identified Tax District <br /> Administration staff Steven Schlossberg SSchlossberg(a-gotriangle.org and Darlene <br /> Weaver dweaver(a)orangecountync.orq. <br /> (3) All Reimbursement Requests must be made using the Orange County Transit Annual <br /> Work Program Reimbursement Request and Financial Report Template agreed to by <br /> the Parties and must include a signed statement by the Implementing Party's Finance <br /> Officer or designee stating that funds were spent in accordance with the Orange <br /> County Transit Annual Work Program and with all applicable laws, rules, and <br /> regulations, and that the Reimbursement Request includes items due and payable. <br /> 3 <br /> Global Operating Agreement for Transit Capital Infrastructure <br /> Orange County, FY2025 <br /> Contract#YY-XXX <br />
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