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<br /> <br /> <br /> <br /> <br /> <br /> AttaehnmM 3 <br /> <br /> <br /> <br /> COMPENSATION AND PAYMENT SC®ULE <br /> <br /> 1. The total value of this Agreement shall be TWO HUNDRED NINETY-SEVEN <br /> THOUSAND FIVE HUNDRED FIFTY-SEVEN AND N01100 DOLLARS ($297,557.00). <br /> The CONTRACTOR shall be allocated a subgrant amount not to exceed TWO HUNDRED <br /> SEVEN THOUSAND FIVE HUNDRED FIFTY-SEVEN AND NO/10D DOLLARS <br /> ($207,557.00) in. consideration of the worst to be performed by the CONTRACTOR under <br /> this Agreement. Said subgrant amount shall include the sum of EIGHTY-THREE <br /> THOUSAND FOUR HUNDRED THREE AND NO/100 DOLLARS ($83,403.00) in State <br /> General Funds provided in Act 116, SLH 1998. Said subgrant amount shall also include the <br /> sum of ONE HUNDRED TWENTY-FOUR THOUSAND ONE HUNDRED FIFTY-FOUR <br /> AND N01100 DOLLARS ($124,154.00) in Federal funds provided in Coastal Zone <br /> Management Cooperative Agreement Award No. NA 87OZO233 granted by the National <br /> Oceanic and Atmospheric Administration of the United States Department of Commerce <br /> under the National Coastal Zone Management Act of 1972, Pub. L No. 92-583, >t§ amended <br /> (16 U.S.C. et. seq.). The CONTRACTOR shall provide the balance of the value of this <br /> Agreement of NINETY THOUSAND AND N01100 DOLLARS ($90,000.00) in the form of <br /> non-Federal cash or services-in-kind. <br /> 2. Payment for expenditures to be incurred in performing the services in Attachment 1, entitled <br /> "Scope of Services," shall be made in advance quarterly amounts upon presentation to the <br /> STATE by the CONTRACTOR of advance quarterly statements of projected expenditures; <br /> provided that the STATE's obligation to disburse such subgmnt funds shall be subject to the <br /> following conditions: <br /> a. The CONTRACTOR has submitted required semi-annual status reports and performance <br /> reports as outlined in Paragraph 13 of the Scope of Services. <br /> b. The aggregate amount of the advance quarterly payment shall not exceed the total <br /> subgrant amount provided for in this Agreement. <br /> c. All travel expenses incurred by the CONTRACTOR in carrying out this Agreement may <br /> be paid from the subgmnt amount stated in Paragraph 1, subject to guidelines as outlined <br /> in Paragraph 16 of the General Conditions. <br /> d. It is agreed by and between the parties hereto that, as to the portion of the obligation_ <br /> under this Agreement to be payable to the CONTRACTOR out of Federal funds, this <br /> Agreement shall be construed strictly to be an agreement to pay such pardon to the <br /> CONTRACTOR only out of Federal funds when such funds are so received from the <br /> Federal government. This Agreement shall not be construed as a general agreement to <br /> pay the CONTRACTOR such portion out of any funds other than those which are <br /> received from the Federal government under any circumstance. <br /> 3. The CONTRACTOR shall be in compliance with Federal rules and regulations governing the <br /> use of Federal funds. <br />