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B. The GRANTEE is required to provide a minimum match percentage of funds for the Project <br />as identified in Section 1 – Scope of Work and Budget, indicated as GRANTEE’s Funds. <br />Any reduction in the match will result in a proportional reduction in grant funds. <br /> <br />Section 8 <br />Energy Credit <br />To the extent GRANTEE receives any monies from the sale or disposition of energy <br />credits, decarbonization credits, environmental credits, or any other monies through its <br />participation in a like program, GRANTEE agrees to reinvest those monies into services <br />and projects consistent with WSDOT’s public transportation grant program. <br />GRANTEE’S obligation to reinvest these monies under this provision shall be in an amount <br />no less than the proportion of WSDOT’s funding of this AGREEMENT. <br /> <br />Section 9 <br />Inspection of the Project <br />A. The GRANTEE shall inspect any Project Assets purchased pursuant to this AGREEMENT <br />at the time of delivery to the GRANTEE. The GRANTEE has fifteen (15) calendar days <br />from delivery to either accept or reject the Project Assets. If rejected, the GRANTEE shall <br />provide a written notice specifying the Project Asset deficiencies to its vendor and WSDOT, <br />allowing the vendor a reasonable amount of time to cure the deficiencies or defects. Upon <br />receipt and acceptance of Project Assets, the GRANTEE agrees that it has fully inspected <br />the Project Asset and accepts it as suitable for the purpose under this AGREEMENT, as <br />being in good condition and state of good repair, and that the GRANTEE is satisfied with <br />the Project Asset and that the Project Asset complies with all applicable regulations, rules, <br />and laws. Payment to the vendor must occur within thirty (30) days of the Project Asset <br />acceptance. <br /> <br />B. The GRANTEE shall inspect the Project to ensure conformity with the approved plans and <br />specifications. WSDOT shall review the completed work to ensure conformity with the <br />Project described and detailed in Section 1 and state, local, and federal requirements as <br />appropriate. WSDOT shall also review project documentation during various phases, as <br />appropriate, to ensure conformity with state, local, and federal requirements. <br /> <br />Section 10 <br />Provisions for Specific Grant Programs <br />A. Regional Mobility Grant Program. <br />1. In accordance with RCW 47.04.290 a transit agency that receives state grant funding <br />for a park and ride lot must establish a process for private transportation providers <br />to apply for the use of the park and ride facility. <br />2. A draft Performance Measurement Plan (PMP) must be submitted to WSDOT <br />before submitting the first reimbursement request. If the GRANTEE does not <br />submit a PMP and is nonresponsive to requests from WSDOT for improvements <br />and information, the GRANTEE may be deemed out of compliance. <br />3. The GRANTEE must provide annual performance reports for four calendar years <br />after the project is operationally complete, as prescribed in the GUIDEBOOK, and <br />any amendments thereto, or as WSDOT may require, including, but not limited to <br />interim and annual reports. Annual Performance Report must include a summary <br />of overall project performance and supporting data. <br /> <br />Everett Transit <br />PTD1158 <br />4 of 20