Everett Housing Authority 3/3/2020

Any indirect costs charged must be consistent with the conditions of Paragraph II (C)(2) in Exhibit B of this Agreement. In addition, the Grantee may require a more detailed budget breakdown than the one contained herein, and the Subrecipient shall provide such supplementary budget information in a timely fashion in the form and content prescribed by the Grantee. Amendments to the budget must be approved in writing by both the Grantee and the Subrecipient. IV. Payment It is expressly agreed and understood that the total amount to be paid by the City under this Agreement shall not exceed Five Hundred Thirty-Nine Thousand Eighty-Four dollars ($539,084.00). Drawdowns for the payment of eligible expenses shall be made against the line item budgets specified in Paragraph III herein and in accordance with performance. Expenses for general administration shall also be paid against the line item budgets specified in Paragraph III and in accordance with performance. Payments may be contingent upon certification of the Subrecipient's financial management system in accordance with the standards specified in 2 CFR 200 Uniform Administrative Requirements. Requests for reimbursement must be in the format acceptable to the City of Everett. Exhibit "D" shall be used for all reimbursement requests under this agreement and be accompanied by appropriate source document as described in Exhibit D. Requests for reimbursement shall be submitted to the City no less than once per quarter following execution of this agreement unless otherwise approved by the Community Development Director or designee. V. Pre-Award Costs Pre-award costs incurred by the Agency from the beginning of the time of performance set forth in Section II. Time of Performance, of this agreement may be eligible for reimbursement in accordance with 24 CFR 570.200(h). VI. Notices Notices required by this Agreement shall be in writing and delivered via mail (postage prepaid), commercial courier, or personal delivery or sent by facsimile or other electronic means. Any notice delivered or sent as aforesaid shall be effective on the date of delivery or sending. All notices and other written communications under this Agreement shall be addressed to the individuals in the capacities indicated below, unless otherwise modified by subsequent written notice.