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=.: Pre-award Costs for Continuum of Care Planning <br />The Reci lent ma at its own risk, incur re=award costs for continuum of care Tannin <br />:.:.: :.: ... p ....: y" t t P P. 8:. . <br />awards, aftef the date of the HUD selection notice and prior to the efffective date_of this?►greement,.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.less than the: amount.. <br />anticipated and is- inadequate to cover the pre:award costs incurred. <br />-These provisions apply to all :Recipients:. . <br />If any new projects funded under this Agreement are .for project-based rental assistance for <br />:.:.. term:Qffifteen:(15) years;.the funding provided under.thi ' Agreement is fQr:th' performance: period <br />:..:. statedherein 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: of;the budget period and performance: 'od of the: t bein <br />renewed.: Eligible costs incurred between. the end- of Recipient's budget period -acid pe oriYiance: <br />- <br />peiYo under a grant:being re'newed:aii- a date:. is Agreement is-executed byboth parties maybe <br />re imburaedwith Grants Funds from this Agreement. No Grant. Funds' for renewal projects ma be <br />drawn.down byRecipient:before the end date: of the project's budget perigd 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 of the transition ro'ec s will-be in immediately.at the end of the Recipient's final operating <br />P.. <br />P J.. <br />year under-the grant dieing 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 f inds:from the first operating year Of "this Agreement. " <br />HUD designations of Continuums oP Care as High-performing Communities (HPCS) are <br />e <br />published on HUD.goy inthe.appropriate:Fiscal dears'" CoC Program. Competition Funding :. <br />Availability.page. Notwithstanding anything to the contrary in the Application or this Agreement,.:.. <br />Recipient naay only use grant funds for HPC Homelessness. Prev 'Activities if the Continuum::: <br />that designated the. Recipient to apply fox 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 providb:HUD with a.revised schedule when any . . <br />change is:made to the rate(s)-included iii the schedule. T7ie:sehedule. and any:revisions:HM receives <br />...... .... :. <br />from the Recipient will be incorporated into and made part-of this Agreement, provided *t each rate <br />included satisfies ihe:applicable requireirients under 2 CFR part200.(imcluding appendices). <br />::..:.:This . <br />....: Agreement shall remain in effect until . e year 'er. tif� 1 written agreement by the.partres;.- �::: ..... <br />2 b .HUD alone; actin .under the. authori o€24 GFR578.107.; 3 u n.eX iratiion of the bud et <br />y g ty . .) Po P g <br />period:and performance period for all projects funded .under this Agreement; or 4). upon the - <br />:expiration o€the period of avaiiability.of Grant Funds for:all projects funded under this Agreement: <br />... .... waw.hud gov-' espanoLhud gov peBd3 <br />...... ....... <br />