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t <br /> Section 2 <br /> Scope of Project <br /> The CONTRACTOR agrees to perform the work and complete the Project described and detailed in Exhibit I, <br /> "PROJECT SCOPE, BUDGET AND SCHEDULE", and in accordance with the terms and conditions of this <br /> AGREEMENT. By the preceding reference, Exhibit I is fully incorporated herein as if fully set out in this <br /> AGREEMENT. <br /> Section 3 <br /> Term of Project <br /> The Project period of this AGREEMENT shall commence and terminate on the dates shown in the caption space header <br /> titled"Term of Project"regardless of the date of execution of this AGREEMENT,unless terminated as provided herein. <br /> The caption space header titled"Term of Project" and all caption space headers above are by this reference incorporated <br /> herein into the AGREEMENT as if fully set forth in the AGREEMENT. <br /> Section 4 <br /> State Review of Project <br /> WSDOT shall review the project identified in this AGREEMENT as Exhibit I, "PROJECT SCOPE, BUDGET AND <br /> SCHEDULE", at least semiannually to determine whether the Project is making satisfactory progress. If WSDOT has <br /> awarded funds, but the CONTRACTOR does not report satisfactory activity within one (1) year of the initial grant <br /> award,WSDOT shall review the Project to determine whether the grant should be terminated as provided in Section 33, <br /> Termination. <br /> Section 5 <br /> Project Costs and Local Match <br /> The reimbursable costs of the Project shall not exceed the amount indicated for State Multimodal-Tier Funds located <br /> within the caption space header titled "Project Costs." The CONTRACTOR agrees to expend eligible funds, together <br /> with other local funds allocated for the Project, in an amount sufficient to complete the Project as detailed in Exhibit I, <br /> "PROJECT SCOPE,BUDGET AND SCHEDULE".at any time the CONTRACTOR becomes aware that the cost which <br /> it expects to incur in the performance of this AGREEMENT will exceed or be less than the amount identified as"Total <br /> Project Cost" in the caption space header titled "Project Costs," the CONTRACTOR shall notify WSDOT in writing <br /> within thirty(30)calendar days of making that determination. <br /> Section 6 <br /> Inspection of the Project <br /> The CONTRACTOR shall inspect the Project pursuant to this AGREEMENT as required during construction and upon <br /> Project completion. Upon receipt and acceptance of the Project, the CONTRACTOR agrees that it has fully inspected <br /> the Project and accepts it as being in good condition and repair,and that the CONTRACTOR is satisfied with the Project <br /> and that the Project complies with all regulations,rules,and laws. <br /> Section 7 <br /> Miscellaneous Charges and Conditions <br /> The CONTRACTOR shall pay and be solely responsible for all storage charges,parking charges,late fees,and fines,as <br /> well as any fees and taxes,except applicable state sales or use tax,which may be imposed with respect to the Project by <br /> a duly constituted governmental authority as the result of the CONTRACTOR's use or intended use of the Project. All <br /> replacements,repairs,or substitutions of parts or Project Equipment shall be at the cost and expense of the <br /> CONTRACTOR. <br /> Section 8 <br /> Payment <br /> A. State funds shall be used to reimburse the CONTRACTOR for allowable expenses incurred in completing the <br /> Project described in Exhibit I,"PROJECT SCOPE,BUDGET AND SCHEDULE". Allowable Project expenses shall be <br /> determined by WSDOT as described in WSDOT's Regional Mobility Grants Program Guidebook, which can be found <br /> at http://www.wsdot.wa.gov/TransitlGrants/regional-mobility-grants-program-guidebook.htm and any subsequent <br /> amendments thereto .In no event shall the total amount reimbursed by WSDOT hereunder exceed the"Multimodal-Tier <br /> Funds"identified in the caption space header titled"Project Costs." <br /> B. Payment will be made by WSDOT on a reimbursable basis for actual net Project costs incurred within the timeframe <br /> in the caption space titled"Term of Project"less any pre-payment discounts,rebates,late penalties and/or refunds. Such <br /> costs to be reimbursed shall be calculated as described in WSDOT's Regional Mobility Grants Program Guidebook,and <br /> GCB2316 Page 2 of l 1 <br />