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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 Projects ) 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 . j <br /> I <br /> A . Responsibilities of the Implementing Party ., <br /> i <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 . f' <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 SSchlossbergotriangle . or and Darlene <br /> Weaver dweaver(morangecountync . org . <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 /> r <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 />