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MASTER AGREEMENT # TSWFCR 5041 Page 2 of 6 3. Guideway projects are subject to the requirements stated in Article 6 of the Government Code, Section 14080, and following. 4. The estimated cost and scope of PROJECT will be as shown in the Program Supplement and limited to the amounts approved in the State Transportation Improvement Program (STIP) or TSM plan by the CTC. A contract for an amount in excess of said estimate may be awarded and expenditures may exceed estimate, provided LOCAL ENTITY will provide the additional funding or a supplemental allocation is requested and approved by the CTC. 5. Subsequent to the CTC allocating STATE funds, and the LOCAL ENTITY entering into a State -Local Entity Master Agreement and a project -specific Program Supplement, the LOCAL ENTITY may request and receive payment for eligible work as follows: (a) STATE will pay eligible participating costs upon LOCAL ENTITY's submission of acceptable monthly progress pay estimates for expenditures.* (b) If PROJECT is a cooperative project and includes work on a STATE highway, PROJECT shall be the subject of a separate cooperative agreement between STATE and LOCAL ENTITY. *Except as provided in the TSM/FCR Financial Guidelines, "Policy on Advancing Funds." 6. The Legislature of the State of California and the Governor of the State of California, each within their respective jurisdictions, have prescribed certain employment practices with respect to contract and other work financed with STATE funds. LOCAL ENTITY shall ensure that work performed under this agreement is done in conformance with the rules and regulations embodying such requirements where they are applicable. 7. After completion of all work under this agreement, for each project as described in the Program Supplement(s), and after all costs are known, LOCAL ENTITY shall contract for a financial audit of PROJECT costs. The Final Audit, to be accomplished at the LOCAL ENTITY's expense, may be done on an individual project basis, or may be included in the LOCAL ENTITY's annual Single Audit. If an individual project audit is done, the auditor must prepare a Final Audit Report. If LOCAL ENTITY chooses the Single Audit option, a Management Letter will be required for the State Share funding. In either case, the audit will include compliance tests required by the Single Audit Act and its implementing directive, OMB Circular A-128. The compliance testing should ensure controls are in place to assure that: (a) Reimbursement claims submitted to STATE for PROJECT are supported by payment vouchers and canceled checks. (b) Charges for the various categories of eligible costs incurred by LOCAL ENTITY are fully supported.