COM 0416.000 1996-1998 - Laserfiche WebLink

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Attachment 3 d. If an amount of reported expenditures is preliminarily determined by STATE to be inappropriate and unallowable, STATE may deduct an equivalent amount from the nett payable installment due and may withhold payment of the amount of monies equivalent to the questioned expenditures until later resolution of the discrepancy by audit or other means. If, after payment of the last installment, investigation and examination reveal additional expenditures that are determined by STATE to be inappropriate and unallowable, STATE may require that an equivalent amount of monies be refunded to STATE notwithstanding STATE's preliminary determination of appropriateness and permissibility. 9. Budget Revision. This Agreement constitutes approval for the expenditure of funds for specific items in the AGENCY approved budget. Except as provided below, the AWARDEE may make revisions between the budgeted line items within the total budget amount of the program, provided that the funds are used for allowable costs of the program and do not exceed 104b or $500 of the budgeted line item, whichever is more. Items requiring prior approval include: Object cost categories not included in the original budget; and any increase to the personnel, other personnel, equipment, travel, and consultanUcontract service categories. ]0. Budget Standard. Such payment shall include all of AWARDEE's services, materials, supplies, equipment, overhead, taxes, and other incidentals and operating expenses of AWARDEE for this Agreement that are in accord with the Cost Principles of the 12FP. 11. Utilization Review. A review of the utilization of the service shall be conducted at the end of nine (9) months of the first fiscal year of the Agreement. Based upon the findings of the review and in accordance with other assessments of service need, the State may increase or reduce the amount of services to be purchased and the level of payment in the succeeding fiscal year. The reduction and payment shall be made in accordance with the attached Attachment #8, Service Capacity and Payment Rate, which by this reference is made a part hereof. -3- s