HomeMy WebLinkAboutExhibit 3EXHIBIT C — COMPENSATION AND BUDGET SUMMARY
HOUSING SPECIALIST AND INSPECTION SERVICES FOR LONG TERM
RENTAL ASSISTANCE HOUSING SERVICES
A. The maximum compensation under this Agreement shall be $
B. PROJECT SPONSOR's Itemized Budget, Cost Allocation, Budget Narrative,
Staff Salaries Schedule are attached hereto and made part of this contract.
C. All payments shall be for services provided only during the term of this
Agreement and in compliance with the previously approved Work Program
(EXHIBIT B) and Program Budget. Each written request for payment shall
contain a statement declaring and arming that services were provided
accurately and for certified program participants and in accordance with the
approved Scope of Work and Program Budget. All documentation in support of
each request shall be subject to review and approval by the CITY at the time the
request is made. PROJECT SPONSOR understands that not more the seven
(%) percent of the administrative expenses can be charged to this program.
D. At the time the request is made all invoices are required to be paid by the
PROJECT SPONSOR. All reimbursements must be in line -item form and in
accord with this Agreement. All expenditures must be verified by the original
invoice with a copy of a check which was used to pay that specific invoice.
Within 60 days of submitting each reimbursement request, copies of the
cancelled checks evidencing the payments by the PROJECT SPONSOR for
which reimbursement was requested shall be submitted. In the event that an
invoice is paid by various funding sources, a copy of the invoice may be
submitted but must indicate the exact amount paid by various funding sources
equaling the total of the invoice. No miscellaneous categories shall be accepted
as a line -item budget.
E. During the term hereof and for a period of five (5) years following the date of
the payment made hereunder, the CITY shall have the right to review and audit
the related records of the PROJECT SPONSOR pertaining to any payments by
the CITY.
F. The PROJECT SPONSOR must submit the request for final payment to the
CITY within 30 calendar days following the expiration date or termination date
of this Agreement in a form provided by the Department. If the PROJECT
SPONSOR fails to comply with this requirement, the PROJECT SPONSOR
shall forfeit all rights to payment and the CITY shall not honor any request
submitted thereafter.
G. Any payment due under this Agreement may be withheld pending the receipt
and approval by the CITY of all reports due from the PROJECT SPONSOR as a
part of this Agreement and any modifications thereto.
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