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<br /> TEXAS TRAFFIC SAFETY PROGRAt\1 AGREEMEl\'T ~~4' <br /> NO\V, 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 /> A G R E E !'vi E N T <br /> ARTICLE 1. FUNDING PERIOD <br /> This agreement becomes effective on OCTOBER 1, 1993' f <br /> or when fulIy executed by all i <br /> parties hereto, whichever occurs later, and shall terminate on SF.PTF.MRF'.R 10 r lqq4 " <br /> unless termination occurs as provided for hereinafter. <br /> ARTICLE 2. RESPONSIBILITIES 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 /> ~ <br /> A The ma..ximum amount payable under this agreement shall not exceed the amount of <br /> $ 6,000.00 , unless modified in writing through an 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 /> t <br /> I <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. <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 will 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 shaH 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 /> 10/93 Page 2 of 13 <br />