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4. COMPENSATION AND PAYMENT A. The total estimated project cost is $787,751.00. The DEPARTMENT will fund 75% of the estimated cost of the PROJECT or$590,813.00(FIVE HUNDRED NINETY THOUSAND EIGHT HUNDRED THIRTEEN DOLLARS. If the bid awarded by the COUNTY exceeds the estimate. the DEPARTMENT will participate in 75% of the bid up to 110% of the estimate. The COUNTY agrees to bear all expenses in excess of the DEPARTMENT'S participation. B. The COUNTY shall submit one invoice(5 copies)plus supporting documentation required by the DEPARTMENT to the Project Manager for approval and processing: X monthly C. The COUNTY'S matching participation is in the form of: X Combination of funds and in-kind services equivalent to 25%of the project costs plus the remaining portion of the accepted bid amount exceeding the DEPARTMENT'S participation. D. Payment shall be made only after receipt and approval of goods and services unless advance payments are authorized by the DEPARTMENT'S Comptroller under Section 334.044 (29),Florida Statutes. E. The COUNTY will only be reimbursed for direct costs (this excludes general and administrative overhead). All costs charged to the PROJECT shall be supported by properly executed payrolls, time records, invoices, contracts or vouchers evidencing in proper detail the nature and propriety of the charges. Bills for fees or other compensation for services or expenses shall be submitted in detail sufficient for a proper pre-audit and post-audit thereof. Bills for travel expenses specifically authorized by this Agreement shall be submitted and paid in accordance with Section 112.061, Florida Statues. F. The DEPARTMENT shall have the right to retain out of any payment due the COUNTY under this Agreement an amount sufficient to satisfy any amount due and owing to the DEPARTMENT by the COUNTY on any other Agreement between the COUNTY and the DEPARTMENT. G. The COUNTY must submit the final invoice to the DEPARTMENT within 180 days after the final acceptance of the project. Invoices submitted after the 180-day time period will not be paid. H. The DEPARTMENT'S obligation to pay under this Agreement is contingent upon an annual appropriation by the Legislature. I. The COUNTY providing goods and services to the DEPARTMENT should be aware of the following time frames. Upon receipt, the DEPARTMENT has five (5)working days to inspect and approve the good and services, unless the Agreement specifies otherwise. The DEPARTMENT has 20 days to deliver a request for payment (voucher) to the Department of Banking and Finance. The 20 days are measures from the latter of the date the invoice is received or the goods or services are received, inspected and approved. If payment is not available within 40 days a separate interest penalty at a rate as established pursuant to Section 215.422 (3)(b),Florida Statutes,will be due and payable, in addition to the invoice amount, to the COUNTY. Interest penalties of less than one (1)