Cocoon House 12/10/2021 - Laserfiche WebLink

II. Time of Performance Services of the Subrecipient shall start on the 1st day of July, 2021 and end on the 30th day of June, 2022. The term of this Agreement and the provisions herein shall be extended to cover any additional time period during which the Subrecipient remains in control of CDBG funds or other assets, including program income. The City may, at its discretion, extend the term of this Agreement to allow for the expenditure of unexpended funds. Ill. Budget The Subrecipient shall complete Exhibit "C", listing budgetary items in relation to the project. 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 $12,693.00. 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