Agmt 2004 ABAG - Laserfiche WebLink

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..,,. grantee, in accordance :pith the approved ProjP~+ Budget, a total amo~,:nt not to exceed the amoun± of this grant, as follows: The provision of this section with a check mark, "x" or equivalent mark opposite it will apply at the commencement. of the agreement. ~ `,MONTHLY INVOICES Disbursements shall be made on the basis of costs incurred to date, less ten percent (10 %), upon the grantee's satisfactory progress in accordance with the approved work program and upon .submission of a "Request for Disbursement" form, which shall be submitted no more frequently than monthly but no less frequently than quarterly. Disbursement of the rten percent (10%) withheld shall be made upon (1) the grantee's satisfactory completion of the Project, compliance with the "PROJECT COMPLETION" section of this agreement, and submission of a fully executed final "Request for Disbursement" form; and (2) ABAG's acceptance of the Project. ~ COMPLETION OF EACH PROJECT TASK Disbursement shall be made on the basis of costs incurred.to date, less ten percent (10%), upon the grantee's satisfactory completion of each project task identified in the approved work program. The -final disbursement, together with amounts earlier withheld, shall be made upon the grantee's satisfactory completion of the Project and compliance with the "PROJECT COMPLETION" section of this agreement and upon ABAG's acceptance of the Project. ~ COMPLETION OF PROJECT Disbursement shall be made on the basis of costs incurred, upon the grantee's satisfactory completion of the Project and compliance with the "PROJECT COMPLETION" section of this agreement and upon ABAG's acceptance of the Project. The ,grantee shall request disbursements by filing with ABAG fully executed "Request for Disbursement" forms (available from ABAG). The grantee shall submit the final form within thirty (30) days after, the completion date provided in the "TERM OF AGREEMENT" section, above. The grantee shall state on the form its name and address, the date of .the submission, the amount of the invoice, the period during which the work was actually done, and an itemized description of all work done for which disbursement is requested. The form shall be signed by an authorized representative of the grantee. Additionally, each form shall be accompanied by any supporting invoices or other source documents from contractors that the grantee engaged to complete any portion of the Project funded under this agreement, and by written substantiation of completion of the portion of the Project for which disbursement is requested. With each form, the grantee shall also submit a supporting progress report summarizing the current status of the Project and comparing it to the status required by the work program (budget, timeline, task, etc). Failure to fully execute and submit a "Request for Disbursement" form, including attachment of supporting documents, will relieve ABAG of its obligation to disburse funds to the grantee unless and until all deficiencies in the form are rectified. 4 Planning Grant Agreement - 2001