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"Modified Total Direct Costs (MTDC)" shall mean all direct salaries and wages, applicable fringe <br />benefits, materials and supplies, services, travel, and up to the first $25,000 of each subaward <br />(regardless of the period of performance of the subawards under the award). MTDC excludes <br />equipment, capital expenditures, and rental costs. <br />Any amendments to this Agreement's Budget must first be determined by the Local Government as <br />consistent with its CDBG contract with Commerce and then approved in writing by the Local <br />Government and the Subrecipient. <br />4. PAYMENT <br />The Local Government will reimburse the Subrecipient in accordance with the payment procedures <br />outlined in the CDBG Management Handbook, Financial Management Section for all allowable <br />expenses agreed upon by the parties to complete the Scope of Service. <br />Reimbursement under this agreement will be based on billings, supported by detail invoices and <br />other appropriate detailed documentation of costs actually incurred. It is expressly understood that <br />claims for reimbursement will not be submitted in excess of actual, immediate cash requirements <br />necessary to carry out the purposes of the agreement. Funds available under this Agreement will be <br />utilized to supplement rather than supplant funds otherwise available. <br />It is understood that this agreement is funded in whole or in part with CDBG funds through the <br />Washington State CDBG Program as administered by COMMERCE and is subject to those <br />regulations and restrictions normally associated with federally -funded programs and any other <br />requirements that the state may prescribe. <br />5. PERFORMANCE MONITORING <br />The Local Government will monitor the performance of the Subrecipient by tracking project <br />progress, reviewing payment requests for applicable costs, managing the timely pass -through of <br />CDBG funds, overseeing compliance with CDBG requirements, and ensuring recordkeeping and <br />audit requirements are met. Substandard performance as determined by the Local Government will <br />constitute noncompliance with this Agreement. <br />If action to correct such substandard performance is not taken by the Subrecipient within a <br />reasonable period of time after being notified by the Local Government, contract suspension or <br />termination procedures will be initiated. <br />6. SPECIAL CONDITIONS <br />There are no special conditions. <br />7. ACKNOWLEDGEMENT OF FEDERAL FUNDS <br />Federal Award Date: August 08, 2023 <br />Federal Award Identification Number (FAIN): B-23-DC-53-0001 <br />Total amount of the federal award: $12,834,399 <br />Awarding official: Carina E. Reed, CDP Acting Director <br />Research & Development (R&D): Award will not be used for R&D <br />Agreement 2024-2025 CDBG-PS-SR <br />Page 3 of 13 <br />