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Section 4: Cost of Pro,qram In order to assist the Contractor in financing the cost of <br />the Program, the Grantee will pay the Contractor an amount not to exceed the following: <br /> <br />A.) Weatherization Assistance <br /> <br />Administration $ 7,668 <br />Program Support $ 46,519 <br />Materials $ 31,013 <br /> <br />Subtotal $ 85,200 <br /> <br />B.) Trainin.q .and Technical Assistance <br /> <br />Training: Administrative and Technical <br />Consumer Education <br />Travel <br />Supplies/Equipment <br /> <br />Subtotal <br /> <br />$ 1,500 <br />$ -0- <br />$ -0- <br /> <br />$ 1,500 <br /> <br />TOTAL AWARD $ 86,700 <br /> <br />These funds shall be drawn down monthly based on actual expenditures. In no event <br />shall expenditures exceed the authorized budget for each subpartAand B. <br /> <br />C.) Bud.qet Adjustments <br /> <br /> Budget Line item expenditures must conform with the approved budget as outlined <br />above for each subpart A and B. During the contract period, a Request for Budget <br />Revision (Line item .transfer) must be submitted for approval by the grantee prior to any <br />line item overage. Minor line item adjustments necessary to reconcile the budget with <br />final actual expenditures within subpart A and/or Subpart B may be initiated without prior <br />approval within 45 days of contract termination. Budget adjustments may not be made <br />from one subpart to another. However, in no event shall administrative expenditures in <br />subpart A exceed the 9% maximum available for administrative costs. Further, no less <br />than 40% of total contract expenditures on subpa~ A, less administration and <br />liability insurance, must be for materials installed on units required under this <br />contract, <br /> <br />-2- <br /> <br /> <br />