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limits established in Section 112.061, Florida Statutes. A final invoice shall be due no later than thirty <br />(30) days following the completion date of this Agreement. The DEPARTMENT will not release <br />funds for construction activities until such time as all requisite authorizations, environmental permits, <br />and variances, including those required pursuant to Chapters 161, 253, 258 and 373, Florida Statutes, <br />have been obtained. The final payment will not be processed until the match requirement has been <br />met. <br />14. 'The DETARTMENPs Project Manager shall have thirty (30) days atter receipt of each request for <br />payment to determine that the work has been accomplished in accordance with the terms and <br />conditions of this Agreement prior to approving the request for payment. It is understood and agreed <br />that any request for payment that requires the DEPARTMENT to request additional information of the <br />LOCAL SPONSOR shall stop time for the DEPARTMENT's review period and will reset when such <br />information is received as requested by the DEPARTMENT. Upon approval of the request for payment <br />the DEPARTMENT shall disburse the funds due the LOCAL SPONSOR less ten (10) percent which <br />shall be retained on account. The cumulative amount retained for each eligible deliverable item shall <br />be disbursed to the LOCAL SPONSOR after the DEPARTMENT has certified that the LOCAL <br />SPONSOR has complied with all the terms and conditions of the Agreement. The DEPARTMENT <br />will periodically request proof of a transaction (invoice, payroll register, etc.) to evaluate the <br />appropriateness of costs to the Agreement pursuant to State and Federal guidelines (including cost <br />allocation guidelines), as appropriate. When requested, this information must be provided within thirty <br />(30) calendar days of such request. If applicable, the LOCAL SPONSOR may also be required to <br />submit a cost allocation plan to the DEPARTMENT in support of its multipliers (overhead, indirect, <br />general administrative costs, and fringe benefits). <br />15. For the duration of this Agreement, the LOCAL SPONSOR shall submit to the DEPARTMENT's <br />Project Manager on a quarterly basis, Attachment C (Project Progress Report, Part III), as updates <br />to the project schedule, no later than thirty (30) days following the completion date of the quarterly <br />reporting period in which the project is underway. The term "quarterly" shall reflect the calendar <br />quarters ending March 31, June 30, September 30, and December 31. Progress reports are to be <br />submitted electronically in Word .doc or tab delimited .TXT format. Information provided shall be <br />the best available and shall represent the most accurate forecast of future events. Specific information <br />to be included in the quarterly report tasks to be completed, start and finish dates, task duration, and <br />actual start and finish dates with actual task duration. In cases where no reimbursement is sought for <br />a given quarter, all applicable portions of the progress report must still be completed and submitted. <br />The timely submittal of these quarterly reports will result in points for the ranking of future projects <br />under the Beach Management Funding Assistance Program. <br />16. Upon completion of a task or the PROJECT, the LOCAL SPONSOR shall submit to the <br />DEPARTMENT a certification of completion, attached hereto as Attachment D (Project Completion <br />Certification). A final PROJECT certification inspection shall be made by the DEPARTMENT <br />within sixty (60) days after the PROJECT is certified complete by the LOCAL SPONSOR. <br />17. The LOCAL SPONSOR shall, at a minimum, comply with monetary limits for competitive acquisition <br />of both materials and services as required by Chapter 287, and Chapter 161.101(17), Florida Statutes, <br />which are expressly made a part of this Agreement and incorporated herein by reference as if fully set <br />forth. <br />18. The applicable provisions of Chapter 161, Florida Statutes, entitled "Beach and Shore Preservation", <br />and any rules promulgated there from, are expressly made a part of this Agreement and are <br />incorporated herein by reference as if fully set forth. <br />DEP Agreement No. 151R1, Page 3 of 10 <br />