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Preaward Costs for Continuum of. Care Planing <br />The Reci - ient ma at its own ris incur re=award costs for .continuum of care lana n <br />..... p ....: Y� ... .... P P. g:. <br />a.'wards, after the date of the HUD selection notice and prior :to the eff..ective date. of this Agreement,.if <br />such costs':. a) are consistent: with 2 CFR 200.458;.and b) would be allowable: as:a post=award cost; <br />and c) do not exceed 1.0 percent-of the total funds obligated to this award. The incurrence of pre-.. <br />award costs in anticipation of an award imposes no obligation on. HUD either to mare the award, or <br />to increase the amount.of the approved budget,: if the award is made for.Iesg:than the amount •••. <br />anticipated and is inadequate to cover thepreaward costs incanted. <br />These provisions apply to all:Recipielits:- <br />If any new projects funded under this Agreement are for project-based rental assistance fora <br />term: of fifteen (15) years; the funding provided under this Agreement is for the performance: period <br />:..: stated.herein only. Additional funding is subject to the:availabihty of annual appropriations::..:.: <br />::The budget period and performance .period of.renewalprojects funded by this: Agreement will. <br />begin immediately: at- the end: of =the budget period and performance: period of the:grant being <br />renewed: Eligible costs incurred between: the end-of Recipient's budget period--and performance. :: _ <br />period under the grant being renewed and.the dateahis Agreement is executed by both parties may-be <br />reimbursedwith Grants Funds from this Agreement. No Grant Funds for renewal projects maybe <br />drawn down by Recipient before the end date of the project's budget period�and performanee period _.: . - <br />under the grant that has been renewed. <br />For any transition project funded under this; Agreement the budget period and performance. <br />period of the transition project(s) will.bB `n immediatelyat the end of the Recipient's finaloperating <br />p J. i.) i� ... <br />year under the grant being transitioned.. Eligible costs, as defined by. the Act- and the Rule: incurred <br />between the end of Recipient's final operating year under the grant being transitioned and the <br />execution of this Agreement may be paid with funds -from the first operating year of this Agreement.:: <br />HUD designations of Continuums of Care as High-performing Communities:(HPCS) are <br />published on HUD. pv in thea ro nate :Fiscal Years' CoC Program <br />:.:.: hs .. g . pp . p..p <br />Com etition-Funding <br />Availability. page.Notwithstanding anything to tliecontrary in the Application or this Agreement,.:.: <br />Recipient may only use grant funds for IPC Homelessness. Prevention Activities if the Continuum::: <br />that designated the. Recipient to apply for the grant was designated an:HPC for the applicable fiscal: <br />year:.:. <br />The Recipient must complete the attached "Indirect Cost Rate Schedule" and return it to - <br />HUD with.this Agreement. The. Recipient must provide HUD with a revised schedule when any .. ..... <br />:change is made to the rates) 'included the schedule. The schedule and any-revisions HUD receives <br />:.....: .... <br />from the Recipient will be incorporated into and made part- of this Agreement, provided that each raw <br />included satisfies the:applicalile requirexaents under. 2 CFR part 200. (including appendices). <br />This Agreement shall remain in effect until the earlier. of-1:) written-agreement by the. parties <br />2) by. HUD alone; acting.under the. authority. of 24 CFR578.107; 3) upon expiration of the budget <br />period=and performance period for-all projects funded Under this Agreement', or 4) upon the <br />expiration•of the eriod of avaiiabili of Grant Funds for all ro'ects funded under this A Bement: <br />p <br />tY: . P J .. . 8r <br />w i had gov= ' espanoLhud gov i ... PW3 <br />:!7 <br />