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2002-205 Resolution
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2002-205 Resolution
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Last modified
1/9/2014 4:02:20 PM
Creation date
12/12/2013 11:31:26 AM
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North Olmsted Legislation
Legislation Number
2002-205
Legislation Date
12/19/2002
Year
2002
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thirty percent (30%) of the contract amount specified in Section B Line 1 of the Contract Service <br />Page £or that service. The final quarterly payment under this Agreement shall.be reduced by the <br />advance amount. If an.y of the services under this Agreement, for any of the four (4) quarters of this <br />Agreement period, are not performed by the Contractor, the Agency shall reduce the Connactor's <br />Title III award for such service by a prorated one-fourth of the annual award far said service. If any <br />of the Quarterly Reports required in Item 4 of this Agreement are received by the Agency after <br />January 31, 2003, any funds not requested by that date shali not be paid to the Contractor. <br />4, Finnnsial and St^tistical R eno s. Contractor ab ees to submit a Tit1e III Quarterly Report <br />and Request for Payment (Quarterly Report) that is accurate and complete as to the clients units of <br />service a.nd the coGt c,f hs.,-vi to the Agency on or before the tenth (lOth) calendar day of April, <br />3uly, October, 2003 and 3anuary, 2004 for services performed during the three calendar months <br />preceding these dates. Updated information, other than units of service, may be reported an a Sth <br />Quarterly Report which may be filed as late as January 31, 2004. Contract amaunts which are not <br />earned by the Contraetor will not accrue ar carry forward to a future contract periad. <br />5. M tch .aurirements. Contractor is required to provide cash or in-kind resources equal to <br />a percentage of the funds provided by the Agency for each service as speeified on the Contract <br />Services page(s) atta.ched to this Agreement. This amount is the "match". Contractor certifies that <br />the match required for each service is a cost reasonably expected ta be incurred in the deiivery of <br />the service. Contractor further agrees that final payment will be reduced if the Contractor has not <br />incurred and reported an the Quarl:erly Reports at least the minimum match for each service as <br />required by the Agency. This reduction will be in the amount necessary to support the total <br />payments ta Contractor with the reported match at the Agency minimurn required m.atching <br />percentage. <br />POS 3 of 14
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