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<br />SECTION 5. <br /> <br />METHOD OF PAYMENT <br /> <br />A. Contractor shall submit to Department a properly completed Request for <br />Advance or Reimbursement Form 270 and a State of Texas Purchase Voucher, as <br />specified by Department, as often as actually needed. Department shall <br />determine the reasonableness of each amount requested and shall not make <br />disbursement of any such payment until Department has reviewed and approved <br />such Request. <br /> <br />B. In addition, Contractor may request a working capital advance for thirty <br />(30) days' cash needs or an advance of $5,000, whichever is greater. <br />Contractor's request for a working capital advance, must be based on a <br />realistic, firm estimate of the amounts required to be disbursed over the <br />30-day period in payment of allowable costs, as set forth in Section 6(B) of <br />this contract. <br /> <br />C. Notwithstanding the provisions of Section 5(A) and (B) of this contract, <br />it is expressly understood and agreed by the parties hereto that payments <br />under this contract are contingent upon Contractor's full and satisfactory <br />performance of its obligations under this contract. <br /> <br />D. It is express1y understood and agreed by the parties hereto that any <br />right or remedy provided for in this Section 5 or in any other provision of <br />this contract shall not preclude the exercise of any other right or remedy <br />under this contract or under any provision of law, nor shall any action <br />taken in the exercise of any right or remedy be deemed a waiver of any other <br />rights or remedies. Failure to exercise any right or remedy hereunder shall <br />not constitute a waiver of the right to exercise that or any other right or <br />remedy at any time. <br /> <br />SECTION 6. <br /> <br />UNIFORM ADMINISTRATIVE REQUIREMENTS AND COST PRINCIPLES <br /> <br />A. Contractor shall comply with Office of Management and Budget (OMB) <br />Circular No. A-102 as supplemented by the rules promulgated by the Office of <br />the Governor under the Uniform Grant and Contract Management Act of 1981 <br />(TEX. REV. CIV. STAT. ANN. art. 4413 (32g), hereinafter referred to as the <br />Management Standards, except to the extent that Department estab1ishes <br />variations from the Management Standards in accordance with Section 6 of <br />such Act. Contractor shall ensure that any private nonprofit organization <br />receiving funds provided under this contract from Contractor complies with <br />OMB Circular No. A-1IO. <br /> <br />B. The allowability of costs incurred for performances rendered hereunder <br />by Contractor shall be determined in accordance with OMB Circular No. A-87, <br />as supplemented by Section 5.150 of the Management Standards, and this <br />contract. The allowability of costs incurred for performances rendered <br />under a subcontract between Contractor and any private nonprofit <br />organization receiving funds provided under this contract shall be <br />determined in accordance with OMB Circular No. A-122. Notwithstanding any <br />other provision of this contract, Department shall only be liable to <br />Contractor for costs incurred or performances rendered for activities <br />specified in 24 CFR Sec. 575.21(a) 52 Fed Reg 38870 (October 19, 1987). <br /> <br />Page 3 of 12 <br />