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ATTACHMENT18-C (3) <br />Indirect Cost Rate:10%de minimis rate <br />Indirect Cost Rate if the Subrecipient chooses to charge Indirect under this grant,theSubrecipientshallprovidetheirindirectcostratethathasbeennegotiatedbetween their entityandtheFederalGovernment.If no such rate exists,a de minimis indirect cost rate of 10%ofModifiedTotatDirectCosts(MTDC)will be used. <br />"Modified Total Direct Costs "shall mean all direct salaries and wages,applicable fringe benefits,materials and supplies,services,travel,and up to the first $25,000 of each subaward (regardlessoftheperiodofperformanceofthesubawardsundertheaward).MTDC excludes equipment,capital expenditures,and rental costs. <br />Any amendments to this Agreement's Budget must first be determined by the Local GovernmentasconsistentwithitsCDBGcontractwithCommerceandthenapprovedinwritingbytheLocalGovernmentandtheSubrecipient. <br />5.PAYMENT <br />The Local Government shall reimburse the Subrecipient in accordance with the paymentproceduresoutlinedintheCDBGManagementHandbook,Financial Management Section for allallowableexpensesagreeduponbythepartiestocompletetheScopeofServiceasapprovedintheExhibitB. <br />Reimbursement under this Agreement will be based on billings,supported by appropriate detaildocumentationofcostsactuallyincurred.It is expressly understood that claims forreimbursementwillnotbesubmittedinexcessofactual,immediate cash requirements necessarytocarryoutthepurposesoftheagreement.Funds available under this Agreement will beutilizedtosupplementratherthansuppfantfundsotherwiseavailable. <br />It is understood that this Agreement is funded in whole or in part with CDBG funds through theWashingtonStateCDBGProgramasadministeredbyCommerceandissubjecttothoseregulationsandrestrictionsnormallyassociatedwithfederally-funded programs and any otherrequirementsthattheStatemayprescribe. <br />The final request for reimbursement shall be January 15,2023. <br />6.PERFORMANCE MONITORING <br />The Local Government will monitor the performance of the Subrecipient by tracking projectprogress,reviewing payment requests for applicable costs,managing the timely pass-through ofCDBGfunds,overseeing compliance with CDBG requirements,and ensuring recordkeeping andauditrequirementsaremet.Substandard performance as determined by the Local GovernmentwillconstitutenoncompliancewiththisAgreement. <br />If action to correct such substandard performance is not taken by the Subrecipient within areasonableperiodoftimeafterbeingnotifiedbytheLocalGovernment,contract suspension orterminationprocedureswillbeinitiated. <br />Revised 1/25/2021ContractPage004 <br />Page 3 of 14 <br />Doc ID:7af681bb0ca653703df74fe4909e206e42be12f0