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DocuSign Envelope ID:C8D9258E-OB18-4FBC-9A51-15AOE32Al2BA <br /> 18 <br /> CONTRACT NO.:45615VW <br /> VW-TRANSIT BUS PROGRAM <br /> [ } a,There are no matching requirements from the Applicant. <br /> [ ] b.There are no matching requirements from the Applicant; however, the Applicant has committed the following i <br /> match to this project: i <br /> In-Kind $ <br /> Cash $ <br /> Cash and In-Kind $ <br /> Other/Specify: $ <br /> [X} c.The Applicant's matching requirement is$,which shall consist of: <br /> In-Kind $ <br /> Cash $16,500.00 <br /> Cash and In-Kind $ <br /> other/Specify: $ <br /> [ ] d.The Applicant is committing to an additional to$complete the project orservices described in the Award Proposal, <br /> Based on the figures above,the total contract amount is$110,000,00. <br /> 9. invoice and Payment. The award funds shall be disbursed to the Applicant in accordance with the following provisions: <br /> a. The Department shall reimburse the Applicant for actual allowable expenditures,with the Department retaining a <br /> minimum of ten percent(10/) of the Total Award Amount until all grant-related activities are completed and all <br /> reports/deliverables are received and accepted by the Department. As used herein, "allowable expenditures" are <br /> expenditures associated with work conducted to meet performance obligations under this Agreement, provided <br /> such work is carried out in a manner consistent with the Award Proposal. The Department may withhold payment <br /> on invoices when performance goals and expectations have not been met or when the manner of performance is <br /> inconsistent with Attachment C. <br /> 10. Applicant's Fiscal Year. The Applicant represents that its fiscal year is from July 1 to June 30. <br /> 11. Availability of Funds.The Applicant understands and agrees that payment of the sums specified herein shall be subject <br /> to,and contingent upon,the allocation and appropriation of funds to the Department for the purposes described in this <br /> Agreement. <br /> 12. Reversion of Unexpended Funds. The Applicant understands and agrees that any unexpended grant funds shall revert <br /> to the Department upon termination of this Agreement. <br /> 13. Supplantation of Expenditure of Public Funds. The Applicant understands and agrees that funds received pursuant to <br /> this Agreement shall be used only to supplement, not to supplant,the total amount of Federal, State and local public <br /> funding that the Applicant would otherwise expend to carry out the project or services described in the Award Proposal. <br /> 14. Contract Administrators. Each party shall submit notices,questions and correspondence related to this Agreement to <br /> the other party's Contract Administrator. The contact information for each party's Contract Administrator is set out <br /> below. Either party may change its Contract Administrator and/or the associated contact information by giving timely <br /> written notice to the other party. <br /> 15. <br /> i <br /> Page 3 of 26 <br />