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:.. Pre- ward Costs :for Contuiumm� of. Care Planning <br />a <br />'The Recipient:may; at. its own risk,- incur pre award costs:for.continuum of'care.planning. <br />awards, after the date of the HUD selection notice :and prior to the effective da. te. of this Agreement, if <br />such costs:. a) are consistent, with 2 CFR 200.45:8; .and b) would be allowable: as: a post-award cost;.... . <br />and c) do.not exceed'10 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 budgets: if the:award is:made for less than the:amount : <br />anticipated and is. inadequate to cover the pre- award costs incurred. <br />These <br />provisions apply to a ..... ents::: . <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: availability of annual appropriations`..:.: <br />::The budget period:and performance. period ofrenewal.projects funded by this:Agreement will.. <br />Begin immediately: at the end: ofthe budget period and performance: period of the: grant being <br />renewed. - Eligiblo costs incurred between: the end' of Recipient's budget period and performance: <br />period under the giant:being renewed:and the date 'this Agreement is executed by both parties may <br />reimbursed with Grants Funds from this Agreement. No Grrant.Funds for renewal projects maybe <br />drawA down by'Recipient.liefore the end date_of the project's budget period and performance period <br />under the grant that has been renewed. <br />For any transition project funded under this: Agreement the budget period and performance. <br />eriod o€the transition rcjec s m will-be immediately.at-the end" f the Recipient's finafoperathr g <br />:.. .: <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 Com munities:(HPCS)-are <br />published on HUD.goy in the. appropriate Fiscal Years' Cod Program-CompetitionFunding <br />:... <br />Availability.page.Notwithstanding anything to thecontrary in the Application or this A.greement,.:. ::..:.: <br />Recipient may only use grant funds for HPC Homelessness.Preveniion:Activities if the Continuum::: <br />that designated the- Recipient to: apply for-. the graut:was designated an IUPC for the applicable fiscal :: <br />year;: . <br />The Recipient must complete the attached "Indirect Cost:Rate Schedule" and- return it to <br />HUB with this Agreement:: The. Recipient must provide:HUD with a.revised schedule when•any . . <br />change is:made to the rate(s) .includedin.the schedule. The schedule and anyievisions:HUD receives <br />:.. . <br />from the Recipient will be incorporated into and made partof this Agreement,-provided that each rate <br />.included satisfies the applicable:requiiemients uirdei 2 CFR part 200. (including appendices). <br />This Agreement shall renuun in effect until the :earlier. df I) written agreement by the: parties;, - •:. - <br />2) by.HUD alone; acting.under the authority. of 24 CFR 578.107?; -) upon.expiration of the budget <br />period and performance period for all projects: funded under this Agreement; or 4). upon the <br />pirationof the period of avalability.of Grant Funds forprojects funded under this Agreement: <br />www.hud.gov espanoLhud.gov <br />. . <br />