AG 1994 06 06 - Laserfiche WebLink

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Section 4. Cost of Program. In order to assist the Contractor in financing the cost of the Program, the Grantee will pay the Contractor an amount not to exceed the following: A.) Weatherization Assistance Single Audits $ 495 Liability Insurance $ 495 Paid Labor $ 49,550 OtherProgram Support $ 8,91 9 Materials $ 39,640 Administration $ 9,801 Subtotal $ 108,900 B.) Training and Technical Assistance Training: Administrative and Technical $ 700 Consumer Education $ 100 Travel $ 650 Supplies/Equipment $ 50 Subtotal $ 1,500 I TOTA' AWA.D I $ 0,400 I These funds shall be drawn down monthly based on actual expenditures. In no event shall expenditures exceed the authorized budget for each subpart A and B. C.) Budget Ad!ustments Budget Line item expenditures must conform with the approved budget as outlined above for each subpart A and B. During the contract period, a Request for Budget Revision (Line item transfer) must be submitted for approval by the grantee prior to any line item overage. Minor line item adjustments necessary to reconcile the budget with final actual expenditures within subpart A and/or Subpart B may be initiated without prior approval within 45 days of contract termination. Budget adjustments may not be made from one subpart to another. However, in no event shall administrative expenditures in subpart A exceed the 9% maximum available for administrative costs. Further, no less than 40% of total contract ex_oenditures on subDart A, less administration, liability insurance, and single audits must be for materials installed on units required Under this contract. Unless a written request and a request for budget revision is submitted to and approved by the Energy Division. The written request must justify the need for a reduction of the materials line based on costs contained in the NEAT audit. Any change must not reduce the NEAT audit's benefit to cost ratio below 1 to 1.