AG 1993 10 18 - Laserfiche WebLink

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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 -~de 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 exsend/tures on subpart ~, less administration and liability insurance, must be for materials installed on units required under this contract. Part I, Section 16: Agreements in Excess of $100,000. - All applicable standards, orders, or requirements issued under Section 306 of the Clear Air Act (42 U.S.C. 1857(h), Section 508 of the Clean Water Act (33 U.S.C. 1368), Executive Order 11738, and Environmental Protection Agency regulations (40 CFR Part 15) must be adhered to. Part II, Section 12: Property Management Standards. Use and disposition of Nonexpendible Personal Property~shall be in accordance with Attachment N of Office of Management and Budget Circular A-102. Nonexpendible Personal Property is defined as "tangible personal property having a useful life of more than one year and an acquisition cost of $500.00 or more" (prior written approval by the Grantee is required for nonexpendible personal property and any asset with a acquisition cost of $200.00 or more.). The Contractor agrees, that title to all Nonexpendible Personal Property purchased with funds provided for the project described in Part III of this Agreement shall rest in the Grantee and upon completion or termination of the project for any reason such property shall, upon demand, be delivered to the Grantee. The Contractor further agrees that the Grantee shall incur no liability for incidents involving property purchased with funds under this contract, and agrees to hold the Grantee harm_less in the event that claims.are presented and upheld against the Grantee. Part III, Section 5: Schedule of Implementation. The Contractor agrees that a minimum of 6_~3 dwelling units are to be weatherized during the grant period defined in Part I, Section 3. In addition, the Contractor agrees that if the rate of completion of weatherized units falls to a level that will prevent the Contractor from utilizing the full amount of funds provided under this contract, then the Contractor will notify the Grantee of such a situation and allow the renegotiation of the contract to a funding level consistent with the Contractor's current rate of production. In the event that the Contractor receives an approved Average Cost Waiver from the Grantee, the nlinimura unit requirement shall be adjusted accordingly. All parts of the basic contract not specifically changed by this amendment shall remain valid and enforceable. This form shall serve as a valid amendment to the original agreement and shall be effective upon execution by both parties. BY: (Chairman of the Board) Date: ATTEST: Title: