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JUN ,Ae1qMRna= and the LocAL SPONSOR further agree that any and 1 800f vh.-,. 3 24 ties associated with the PROJECT that are not shown in the above eligible item listing are the responsibility of the LOCAL SPONSOR and are not a part of this agreement. The DEPARDWT's financial obligation shall not exceed the sum of Citi for this PROJECT or 75% of the actual eligible PROJECT cost► whichever is less. The LOCAL SPONSOR financial obligation shall be $5,375 for this PROJECT or 25% of the actual eligible PROJECT cost. In the event the total PROJECT cost at completion exceeds the estimated cost of $21,500 ► the LOCAL SPONSOR shall assume full responsibility for and shall pay all costs in excess of $21,500 . 4. The IACAL SPONSOR will submit a request for reimbursement of funds on such forms, as attached hereto as Attachment "B", as furnished to the IACAL SPONSOR by the DEPART not more frequently than monthly. These forms shall be certified as accurate by the LOCAL SPONSOR PROTECT Administrator and the LOCAL SPONSOR PROTECT Financial Officer and submitted to the DEpARTMENr as a payment request. The contract manager has 30 days after receipt of an interim report and billing to determine that the work has been accomplished prior to approving the billing for payment and 60 days after receipt of the final report and billing to perform the final inspec- tion and certification that the project has been completed pursuant to the contract before approving the final billing for payment. Upon approval of the payment request the DEPAR'IMM shall disburse the funds due the LOCAL SPONSOR less ten percent (10%) which will be retained on account. The cumulative retainage shall be disbursed to the LOCAL SPONSOR when the PROJECT is certified complete by the LOCAL SPONSOR and the DEPARMW staff. A final PROJECT certification inspection by the DEPARMENT staff shall be made not more than 60 days after the PROJECT has been certified as complete by the LOCAL SPONSOR. 5. The LOCAL SPONSOR shall commence construction of the PROJECT on or after execution of this agreement, and shall complete the project on or before — December 1, 1984 , The DEpARrnaM and the IACAL SPONSOR agree that there shall be no reimbursement of funds by the 'DEPARTMERr for any obligations or expenditures for the PROJECT made prior to the commencement elate of this PROJECT. The effective date of the PROJECT legislative appropriation is July 1, 1983. The LOCAL SPONSOR shall execute a project construction contract or have started the PROJECT by force account by April 1,1985 ` Failure by the LOCAL SPONSOR to execute a project or have started the PROTECT by force account shall cause the appropriation to revert and the Wt to be cancelled. �r M