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HomeMy WebLinkAboutExhibit 8ATTACHMENT.F ADVANCE PAYMENT JUSTIFICATON FORM Use of this form is not required unless the advance requested requires the prior approval of the State Chief Financial Officer. For advance requests that are equal to or less than the purchasing threshold of category two as defined in Section 287.017, Florida Statutes, and meet one of the advance payment requirements identified in Section 215.922(14), Florida Statutes, use of this form is waived. However, the purchase requisition or contract review form must clearly identify the criteria being met under 215.422(14), Florida Statutes that allows the advance to be made without prior Chief Financial Officer's approval. Name/Address of the Vendor/Recipient: Contact Person/Phone No.: Agreement No./Purchase Order No. (if known): LP8949 . Commodities/Services/Project Description: Organizational Structure (i.e. local gov't, non-profit corporation, etc.) Value of Purchase or Grant: Advance Payment Amount Requested: Period Advance Payment to Cover: ■ 90 days startup ❑ Full Contract Period (specify): 0 Quarterly IN Other Indicate Statutory Authority: 0 215.422, F.S ❑ 216.181, F.S. GAA Year and Line item Info: SFY: Line Item: 1 1. Reason advance payment is 'required:• 2. The following information required for advances requested pursuant to 215.422, Florida Statues (and the Reference Guide for State Expenditures) which exceed the purchasing threshold of category two as defined in 257.017, Florida Statues. A. Document, if applicable, the cost savings to be incurred as a result of an advance payment that are equal or greater than the amount the State would earn by investing the funds and paying in arrears. Include the percent (°fo) savings to be realized. In calculating the percent savings as compared tothe percent that can be earned by the State, information may be obtained from the Department of Financial Services, Division of Treasury at 850/913-3165 regarding the current Treasury earnings rate. • 8. Document, if applicable, how the goods or services are essential to the they are available only if advance payment is made: operation of the Department and why DEP Agreement No. LP8949, Attachment F, Page I of 3 C. Identify the procurement method used to select the vendor. 3. The following information required for advances to Governmental Entities and Non -Profits pursuant to 216.181, Florida Statutes. (Limited to GAA Authorized, Statutorily Authorized, and Grant & Aid Appropriation Categories OSXXXX or 14XXXX) A. The entity acknowledges the requirement to invest advance funds in an interest bearing account and to remit interest earned to the Department on a quarterly basis. Provide a description of how the entity intends to invest the advanced funds and track the interest earned an the advanced funds: Remittances must: 1) be identified as interest earnings on advances, 2) must identify the applicable DEP Agreement (or Contract) No., and 3) be forwarded to the following address: Florida Department of Environmental Protection Bureau of Finance and Accounting Receipts Section . P.O. Box 3070 Tallahassee, Florida 32315-3070 6. A letter requesting advance payment from the recipient, on its letterhead, must be attached. DEP 55-222 (03-02) DEP Agreement No. LP8949, Attachment F, Page 2 of 3. The recipient must provide an estimated budget for each quarter covered by the agreement. The summary information should include salaries, fringe benefits, overhead, contracts (specify services to be contracted out), equipment, if authorized (specify items to be purchased), supplies, travel, and other costs. A sample summary format is provided below. The summary should include the breakdown for each quarter of the agreement period. Description First Quarter Second Quarter Third Quarter Fourth Quarter Salaries (identify personnel/titles) Fringe Benefits Contractual Services • (list services and estimated costs) Equipment (identify each item and cost) Supplies Travel Other Lpecify) Overhead/indirect Total: Certification Statement The forgoing information is presented to the Florida Department of Environmental Protection in support of our request for advance payment. I certify that the information provided accurately reflects the financial issues facing the entity at this time. By: Type Name of Signatory: Date Title: Chief Financial Officer or designee DEP Program Area Review/Approval Recommendation: By: Request . 0 Deny Request ■ Approve Type Name of Signatory: Date Title: Bureau: Division: The DEP .Program Area should forward this information to the Contracts Disbursements Section at M578. The Contracts Disbursements Section will forward requests for advance payment to the State Comptroller for review and legislature consultation, as appropriate. Bureau of Finance & Accounting Use Only • DEP 55-222 (03-02) DEP Agreement No. LP8949, Attachment F, Page 3 of 3