Laserfiche WebLink
REIMBURSEMENT CONDITIONS: <br /> Subject to the funding limitations of this Agreement,the Division shall reimburse the Recipient on a <br /> quarterly basis for the documented costs incurred during the successful completion of the task(s) required <br /> by this Agreement. However, the following limitations shall apply: <br /> ® In any quarter, the Division shall not reimburse the Recipient for an amount that exceeds 40% of <br /> the overall amount authorized by this Agreement; and, <br /> ® The cumulative amount of reimbursement for quarters 1, 2, and 3 shall not exceed 85%of the <br /> overall amount authorized by this Agreement. <br /> If extraordinary circumstances exist,then the Recipient can request permission from the Division to <br /> exceed the 40%cap for a particular quarter. However, under no circumstances shall the cumulative <br /> reimbursement amount for quarters 1, 2, and 3 exceed 85%of the overall amount authorized by this <br /> Agreement. <br /> FI ANCIAL CONSEQUENCES: <br /> Failure to successfully complete each of the required tasks, as demonstrated by the failure to satisfy the <br /> applicable deliverables, shall result in the following penalty: <br /> ® A 10% reduction of the overall amount authorized by this Agreement. <br /> The Division shall apply the penalty each quarter during which the Recipient fails to successfully complete <br /> each of the required tasks. During this Agreement, up to four penalties may be imposed; and, each <br /> penalty shall be applied cumulatively. <br /> If, because of circumstances beyond the Recipient's control, the Recipient is unable to successfully <br /> perform a task required by this Agreement,then the Recipient shall notify the Division immediately. If the <br /> Division agrees that the inability to perform was directly due to circumstances beyond the control of the <br /> Recipient, then the Division will consider waiving the imposition of a financial consequence. <br /> 43 <br /> tt� <br />