07251966 Regular Meeting - Laserfiche WebLink

Home Browse Search

I :1 I 4. The Contractor shall spend no more than $38,201.00 in the performance of this Contract. No more than the following amounts may be spent for the following purposes, except that any of these categories may be exceeded by 10% of the indicated figure: (a) Personnel $ 21,537.00 (b) Consultants and Contract Services (c) Travel (d) Space Costs and Rental (e) Consumable Supplies (f) Rental, Lease or Purchase of Equipment $ 1,564.00 (g) Other $ 920.00 5. The Contractor will contribute $3,882.00 toward payment of the expenses described in Para. 4 above. Such contribution shall be in cash in the amount of $ , and/or in kind in the amount of $ 3,882.00. - 6. Subject to receipt of funds from the OEO, the Agency shall make payment under this Contract in accordance with the following method, such payment to be made upon presentation of a requisition for payment by the Contractor. The requisition for payment shall in- dicate the disposition of the amount requested by reference to the categories of expenses listed in paragraphs 4 (a) through (g) above. Upon receipt of requisition for payment from the Contractor, the Agency will forward a check for the itemized amount requested. With- drawals need not be made in equal amounts each time. The important point is for the contractor to determine accurately how much cash it needs for the next operating period (semi-monthly, bimonthly, or quaterly) ~ and above the cash it has remaining on hand, and not to draw in excess of this amount. A small contigency fund may be kept on hand for emergencies, but this shall not exceed ten percent of the total anticipated expenses for the operating period. It will be required that all debts and obligations be liqUidated three calander months after expiration of the grant. 7. It is expressly understood and agreed that in no event will the total amount to be paid by the Agency to the Contractor under this agreement exceed $34,319.00 for full and complete satisfactory performance. 8. This Agreement is subject to and incorporates the attached Part II, "Terms and Conditions Governing Contracts Between Community Action Program Agency and Contractor for Conduct and Administration of Community Action Program Component". 9. The Contractor agrees to assist the Agency in complying with all of the "Conditions Governing Grants under Sections 204 and 205 of the Economic Opportunity Act of 1964". 10. IN WITNESS WHEREOF, the Agency and the Contractor have executed this Agreement as of the date first above written. $ 5,000.00 $ 5,250.00 $ 1,500.00 $ 2,400.00 City of San Marcos, Texas Contractor Community Action, Inc of Agency Hays County, Texas , '&~./4Y'!~<--) B~~~?~~ 'Oduootf fi!{M::.tl Attest: () II fJ ~ rz, lCf-I- ~ By: Director