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<br />TEXAS TRAFFIC SAFElY PROGRAM CONTRACT <br />ARTICLE 2. RESPONSIBILmES OF THE PARTIES <br />Iñe Contractor shall undertake and complete the project as described in Attachment A, <br />Approved Project Description, and in accordance with an 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 contract shall not exceed the amount of <br />$ 14.999.00 unless modified in writing through an amendment pursuant to <br />Article 5. <br />B. The method of payment for this contract will be based on actual costs incurred up to and <br />not to exceed the limits specified in Attachment B, Approved Project Budget, unless other <br />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. <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 />e. All payments made hereunder will be made in accordance with Attachment B, Approved <br />Project Budget. The Contractor's expenditures may not exceed any budget category in the <br />Approved Project Budget by an amount greater than 5% of the tot a] budget without a <br />written contract amendment. The maximum amount payable shall not be increased as a <br />result of exceeding a budget category without a written contract amendment. <br />D. To be eligible for reimbursement under this contract, a cost must be incurred in <br />accordance with Attachment B, Approved Project Budget, within the contract period <br />specified in Article 1 above. <br />E. Payment of costs incurred under this contract is further governed by one of the following <br />cost principles, as appropriate, outlined in the Federal Office of Management and Budget <br />(OMB) Circulars: <br /> * A-21, Cost Principles for Educational Institutions; <br /> * A-87, Cost Principles for State and Local Governments; Dr, <br /> * A-122, Cost Principles for Nonprofit Organizations. <br />6/91 Page 2 of 13 <br />