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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 Govemment 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 />052-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" Arnendrnent Changes <br />Tirne Extensien <br />Cil$6 &udget Cilde <br />l i.;X -' fr trncr;f Ads:inistr.r iicrr.l <br />052 - OthEr Public $ervlees <br />Totdl$ <br />Current End Date <br />6/30/2CA4 <br />furrent &udget <br />$7"fl{X) <br />$rsa"*ou <br />$lgt.o*n <br />Change {lf r*onths} <br />L7 <br />Changu {+1-} <br />$3,son <br />$?6,5*o <br />$8fl,SSo <br />fieviced End Date <br />slsn/?"t]2s <br />:Revised *udget <br />$lff,500 <br />$?65,500 <br />$17],oeo <br />The Indirect Cost Rate used, is an allocation system not to exceed l0%o <br />The Local Govemment 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 l\Yo of modified total direct <br />costs (MTDC) will be used. <br />Agreement 2024-2025 CDBG-PS-SR <br />Page2 of 13