Laserfiche WebLink
C.) audqet Ad~uetmeuea <br /> m Budget line item expenditures must conform with the approved budget as <br />~ outlined above for each eubpart A and B. During the contract period, a Request <br />;:: for Budget Revision {line item transfer) must be submitted for approval by the <br /> grantee prior to a~ly line item overage. Hinor line item adjustments necessary <br /> to reconcile tbs budget with final actual expenditures within subpart A and/or <br /> Subpart R may be initiated without prior approval within 4s days of contract <br /> term/nation. Budget adjustments may not be made from one subpart to another. <br /> However, in no event shall administrative expenditures in subpart A exceed the <br /> 6% maximum available for ac~nistrative costs. Further, no less ~han &0% of <br /> total contract expenditures on s~bpar~ &, less adm/niatratton and liability <br /> insurance, must be for meterials installed on units required under this <br /> cont:ect. <br /> <br /> I Part ~, Section 16: Aqreements in Excess of $100~000. - All eppllcable <br /> standarde~ orders, or requirements issued under section 306 of the clear Air <br /> Act (42 U.S.C. 1857{h), Section S08 of the clean Water Act {33 U.S.C. 1368), <br /> Executive Order 1173B, and Environmental Protection Agency regulations (40 CFR <br /> part 1S). <br /> <br /> Part ZXZ, section S: schedule of Implementation. The Contractor agrees <br /> I that a minimum of . 47 dwelling units are to be weatherized during the <br /> grant period defieed in Part I, section 3. ~n addition, the contractor agrees <br /> that if the rate of completion of weatherized units falls to a level that will <br /> <br /> i prevent the Contractor from utilizing the full amount of funds provided under <br /> this contract, then the contractor will notify the Grantee of such a situation <br /> and allow tbs renegotiation of tbs contract to a funding level consistent with <br /> the Contractor°e current rate of production. In the event that the Contractor <br /> I receives an approved Average Cost Waiver from the Grantee, the minimum unit <br /> requirement shall be adjusted accordingly. <br /> <br /> I All parts of the basic contract not specifically changed by this amendment <br /> shall re~ain valid and enforceable. <br /> <br /> This form shall serve as a valid amendment to the original agreement and <br /> i shall be effective upon execution by parties. <br /> both <br /> <br /> BY:. <br /> I {chairman of the ~oard) <br /> <br /> I ATTEST: <br /> Title= <br /> <br /> Assistant Secretary <br /> North caroline Department of <br /> EcoDomic and Community Development <br /> ATTEST= <br /> <br /> <br />