Laserfiche WebLink
<br />XVI. TERMINA TION BY EITHER PARTY. This Agreement may be terminated without <br />cause by either party by giving sixty (60) days prior written notice to the other party of such <br />intent to terminate. <br /> <br />XVII. PROJECT BUDGET AND PAYMENT PROCEDURES. The PROVIDER agrees <br />that all expenditures or costs shall be made in accordance with the Budget which is attached <br />herein and incorporated hereto as Attachment B. <br /> <br />A. Budget Variance. Funds may be shifted between approved line items, not to exceed <br />fifteen percent (15%) of the total budget, without a written amendment. Variances greater than <br />fifteen percent (15%) in any line approved line item shall require a \VTitten amendment approved <br />by the Department. <br /> <br />B. Recapture Funds. At the conclusion of the third quarter and upon submission of the <br />Quarterly Performance Report and Invoice, the COUNTY will review the PROVIDER'S <br />Year-To-Date expenditures. <br />1. Municipalities reporting remaining balances which exceed expenditure <br />levels for normal program operations must submit a plan with the Third <br />Quarter Report which documents those steps the municipality will take in <br />the Fourth Quarter to fully expend the contract by the end of the program <br />year. <br />This expenditure plan must be approved by the COUNTY. <br />Where the municipality does not anticipate full expenditures by the end of <br />the program year, the COUNTY will recapture the anticipated unexpended <br />amount for use in another program, without a formal amendment process. <br /> <br />2. <br /> <br />" <br />-'. <br /> <br />C. Payment Procedures. The County agrees to pay the PROVIDER for services <br />rendered under this Agreement based on the line item budget incorporated herein and attached <br />hereto as Attachment B. The parties agree that this is a cost-basis Agreement and the <br />PROVIDER shall be paid through reimbursement payment for allowable expenses on the budget <br />approved under this Agreement (see Attachment B). The PROVIDER agrees to invoice the <br />COUNTY for each Community Drug and Crime Prevention Program using the Quarterly Project <br />Performance Report & Invoice as it appears in Attachment C, and to do so on a quarterly basis, <br />as stated in Section XIX. B.1. The Quarterly Project Performance Report & Invoice shall be <br />prepared in a manner in accordance with the form provided in Attachment C. The final Quarterly <br />Project Performance Report & Invoice shall be submitted by October 15,2001. <br /> <br />D. The PROVIDER agrees to mail all invoices to the address listed above, Section XIII. <br /> <br />E. The COUNTY agrees to review invoices and to inform the PROVIDER of any <br />questions. Payments shall be mailed to the PROVIDER by the COUNTY'S Finance Department. <br /> <br />F. No payment of subcontractors. In no event shall county funds be advanced directly to <br />any subcontractor hereunder. <br /> <br />Page 6 of 13 <br />