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<br />TEXAS TRAFFIC SAFEIY PROGRAM AGREEMENT I D31F <br />NOW, THEREFORE, in consideration of the premises and of the mutual covenants and <br />agreements of the parties hereto, the Department and the Subgrantee do mutually agree as <br />follows. <br /> AGREEMENT <br /> --' <br />ARTICLE 1. FUNDING PERIOD <br />This agreement becomes effective on Ma y 1, 1 993 or when fully executed by all <br />parties hereto, whichever occurs later, and shall terminate on Spprpmnpr ':1 0, 1993 ' <br />unless termination occurs as provided for hereinafter. <br />ARTICLE 2. RESPONSIBILffiES OF THE PARTIES <br />The Subgrantee shall undertake and complete the project as described in Attachment A., <br />Approved Project Description, and in accordance with all terms and conditions included <br />hereinafter. The Department shall provide assistance as appropriate and as specified in said <br />Attachment A <br />ARTICLE 3. COMPENSATION ' <br />A. The maximum amount payable under this agreement shall not exceed the amount of <br /> $ 15.000.00 . unless modified in writing through aR amendment pursuant <br /> to Article 5. <br />B. The method of payment for this agreement will be based on actual costs incurred up to <br /> and not to exceed the limits specified in Attachment B, Approved Project Budget, unless <br /> other methods of payment. are specified as follows: <br /> 1. If Attachment B, Approved Project Budget, specifies that actual costs will be <br /> reimbursed, the amount included in the project budget will be deemed to be an <br /> estimate only and a higher amount can be reimbursed, subject to the conditions <br /> specified in paragraph C hereunder. I <br /> 2. If Attachment B, Approved Project Budget, specifies that costs are based on a <br /> specific rate, per-unit cost, or other method of payment, reimbursement will be <br /> based on the specified method. <br />C. All payments made hereunder wiI1 be made in accordance with Attachment B, Approved <br /> Project Budget. The Subgrantee's expenditures may not exceed any budget category in <br /> the Approved Project Budget by an amount greater than 5% of the total budget without <br /> a written agreement amendment. The maximum amount payable shall not be increased <br /> as a result of exceeding a budget category without a written grant amendment. <br />D. To be eligible for reimbursement under this agreement, a cost must be incurred in <br /> accordance with Attachment B, Approved Project Budget, within the period specified in <br /> Article 1 above. <br /> Page 2 of 13 <br />