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B. Contractor's requests for advance shall be limited to the minimum amounts needed for effective operation of programs under this contract. and shall be timed as closely as possible to be in accord with actual cash requirements. Contractor shall establish procedures to minimize the time elapsing between the transfer of funds from Department to Contractor and shall ensure that such funds are disbursed as soon as administratively possible. C. Notwithstanding the provisions of Section 5 (A) of this contract. it is expressly understood and agreed by the parties hereto that payments under this contract are contingent upon Contractor's full and satisfactory performance of its obligations under this contract. D. It is expressly understood and agreed by the parties hereto that any right or remedy provided for in this Section 5 or in any other provision of this contract shall not preclude the exercise of any other right or remedy under this contract or under any provisions of law. nor shall any action taken 1n the exercise of any right or remdy be deemed a waiver of any other rights or remedies. Failure to exercise any right or remedy hereunder shall not constitute a waiver of the right to exercise that or any other right or remedy at any time. SECTION 6. UNIFORM ADMINISTRATIVE REQUIREMENTS. COS~ PRINCIPLES. AND PROGRAM INCOME A. Contractor shall comply with Office of Management and Budget (OMB) Circular A-102 as supplemented by the rules promulgated by the Office of the Governor at 7 Tex. Reg. 3172 (August 31.1982) under the Uniform Grant and Contract Management Act of 1981 (TEX.REV.CIV.STAT.ANN.art.4413 (32g).), hereinafter referred to as the Management Standards. except to the extent that Department establishes variations from the Management Standards in accordance with Section 6 of such Act. B. The a110wability of costs incurred for performances rendered hereunder shall be determined in accordance with OM8 Circular A-87. as supplemented by Section 5.150 of the Management Standards. and this contract. C. Contractor shall comply with the standards set forth in Attachment E of OHB Circular A-102 as supplemented by Section 5.156 of the Management Standards to account for program income related to activities financed in whole or in part with funds provided under this contract. 1. Contractor shall maintain records of the receipt, accrual, and disposition of all program income in the same manner as required for all other funds under this contract. and Contractor shall provide reports of program income to Department with each form submitted by Contractor in accordance with Section 5 of this contract, and at the termination of this contract. 2. Program income earned by Contractor during the period of this contract shall be retained by Contractor and utilized by Contractor to fund performances specified in this contract. in the manner specified hereunder, prior to requesting additional funds from Department. PAGE 3 OF 11