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B. Subrecipient Responsibilities <br />The Subrecipient will complete in a satisfactory and proper manner as determined by the Local <br />Government the attached tasks (Attachment A) to accomplish the objectives of the Project. The <br />Subrecipient will periodically meet with the Local Government to review the status of these tasks. <br />2. TIME OF PERFORMANCE <br />The effective date of this Agreement will be July 1, 2024, and complete execution of this agreement <br />will be June 30, 2025. <br />3. BUDGET <br />The Local Government will pass through to the Subrecipient no more than $76,500.00 in CDBG <br />05Z-Other Public Services funds for eligible incurred costs and expenses for the Project according <br />to the following budget per the Washington State Department of Commerce Contract Number 22- <br />62210-008 Amendment B Change (# months) 12. <br />6. Amendment Changes <br />Current End Date <br />Change (# months) <br />Revised End Date <br />Time Extension <br />6/30/2024 <br />12 <br />6/30/2025 <br />CDBG Budget Code <br />Current Budget <br />Change i f-) <br />Revised Budget <br />21A— General Adrnisn-a'.Jcln <br />$7,000 <br />$3,500 <br />$10,500 <br />05Z—Other Public Services <br />$190,000 <br />$76,500 <br />$266,500 <br />Totals <br />$197,000 <br />$80,000 <br />$277,000 <br />The Indirect Cost Rate used, is an allocation system not to exceed 10%. <br />The Local Government may require a more detailed budget breakdown, and the Subrecipient will <br />provide such supplementary budget information in a timely fashion in the form and content <br />prescribed by the Local Government. Any amendments to this Agreement's Budget must first be <br />determined by the Local Government as consistent with its CDBG contract with COMMERCE and <br />then approved in writing by the Local Government and the Subrecipient. <br />Indirect Cost Rate if the Subrecipient chooses to charge Indirect under this grant, the Subrecipient <br />shall provide their indirect cost rate that has been negotiated between their entity and the Federal <br />Government. If no such rate exists, a de minimis indirect cost rate of 10% of modified total direct <br />costs (MTDC) will be used. <br />Agreement 2024-2025 CDBG-PS-SR <br />Page 2 of 13 <br />