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Fund Exchange: Any fund exchanges made using Measure B or VRF <br />funds must be made for transportation purposes. Alameda CTC will consider exchange proposals <br />on a case -by -case basis. <br />4. Staff Cost Limitations: Direct costs associated with the delivery of <br />programs and projects associated with Measure B and VRF programs, including direct staff costs <br />and consultant costs, are eligible uses of Measure B and VRF funds. Alameda CTC does not <br />allow indirect costs, unless the RECIPIENT submits an independently audited /approved Indirect <br />Cost Allocation Plan. <br />ARTICLE 4: REPORTING REQUIREMENTS <br />A. RECIPIENT shall comply with each of the reporting requirements set forth in this <br />Article 4. If RECIPIENT fails to comply with one or more of these requirements, Alameda CTC <br />may withhold payment of further Measure B and /or VRF funds to RECIPIENT until full <br />compliance is achieved. <br />RECIPIENT shall follow all Implementation Guidelines established for <br />each fund source, as the same may be changed from time to time by the Alameda CTC. Such <br />Implementation Guidelines are intended to provide program eligibility and fund usage <br />guidelines, definitions, additional requirements, and guideline adoption details. <br />2. RECIPIENT shall submit to Alameda CTC, on an annual basis and at the <br />RECIPIENT's expense, an independent compliance audit of the funds received and used, <br />including plans and reports of expenditures. RECIPIENT shall complete, certify, and provide the <br />annual compliance audit to Alameda CTC within 180 days following the close of each fiscal <br />year. <br />