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t <br />Pre-award Costs :for Continuum of. Care Planning - <br />The Reci rent ma at: its own risk, incur pre=award costs for continuum of care: launn <br />awards, after the date of the HUD selection notice and prior.to the effective date. of this 4greement,.if <br />such costs:. a) are consistent wit112 GFR 200.45:8; .. b) .. . be allowable: as:a post=award cost; .::: <br />.4#4 c) do .not exceed .10 percent of the total funds obligated to this award. The incurrence of pre-- . <br />:. <br />a award costs in anticipation of an award imposes no obligation on HUD either to make the award, or . <br />to increase the- amount.of the approyed 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 applyto aERecipier#!s:' <br />If any new projects funded under this Agreement are for project-based rental assistance fora <br />:. <br />:.:.: term:of fifteen: (15) years; .the func�g provided under: this Agreemenfli for -the perforamance: 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 of budget period and performance:period of the grant being <br />' <br />:�r6ewed.:,Eligiblecosis incurred between: the end-of Recipients budget eriodand <br />peromance: -:.::: <br />period under the grant:being renewed and the date is Agreement is-executed by both parties maybe <br />reimbursed:with Grants Funds from this Agreement. No Grant-Funds: for renewal projects maybe :: . . <br />drawri.down l y-Recipienfbefore die end date, of the project's Budget pertiod and performance period <br />under_the grant ti t has been renewed. <br />For any transition project funded under this: Agreement the budget period and performance. <br />-period of4hi transition project (&) will.be ' munediately.at the end of the Recipient's final operating <br />year under the grant l Bing 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 />:.:.: <br />published on HUD.goy'in the.approphAtp f iscil Years - CoC Pro <br />gram- �ompehtion Funding :. <br />Availability. page. Notwithstanding anything to the: contrary in the Application or this Agreement,.:. <br />Recipient may only use grant finds for'HPC Homelessness-Prevention Activities if the Continuum::: <br />that designated the. Recipient- to apply for the grant was designated an WC 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 />.. <br />;change is:made to the rate(s):includediii: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 rate : <br />_ included satisfies the:applicable.requirements under 2 CFR part 200.(including appendices). <br />.. • :This Agreement shall remain in effect until the earlier oaf-T) written.agreement by the. parties;.: . <br />- - 2) by:HUD alone; acting: under the: -authority. of 24 CFR:578.107.;3) upon:expiratiori of the budget <br />periodand performance period for. all projects funded under this Agreement; or 4). upon the <br />::expiration of the period of availability.of Grant'Funds forill projects funded iuider this.Agreement: <br />.... www.hud.gov espanol.hud.gov Page:3 <br />