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..... <br />Pre-award Costs:for Continuum of Care Planning <br />The Recipient tray, at: its own risk; incur pre=award costs for .continuum of'care planning <br />awards, after. the date of the HUD selection notioe And pribr:to the effective date. of this Agreeme.nt,.if <br />such costs:. a) are consistent with 2 CFR 2.00.458; .and b) would beallowable asapost: award <br />Cos t; <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 budget, if the award is made for .less than the Amount-- <br />anticipated and is inadequate to cover the pre_award:costs incurred. <br />:.:. <br />= These provisions apply to a11:Recipien&.' <br />. �. . <br />If any new projects funded under this Agreement are for project-based rental assistance fora <br />term of fifteen-,(t S) years; .tlie 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 <br />illbegin immediately.atthe end: ofthe budget period and performance: period of thegrant being <br />renewed. Eligible costs incurred betweenahe end of Recipient's budget period and performance <br />period under: the grant being renewed and the date:this Agreement is executed by bothparties may lie <br />reimbursed with 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 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 />period of the transition project(s) will mrii <br />begin iediately at the end of the Recipient's final operating <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 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. onHUDgov in'the.appropriate-Fiscal Years'- CoC Program. Competition Funding :- <br />Availability.page. Notwithstanding anything to the'contrary.in the Application.or this Agreement,.:.: <br />Recipient may only use grant funds for-HPC 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:inade to the rate(s) included in.the schedule. The schedule and anyrevisions HUD receives <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 of:1) written-agreement by the parties, <br />2) by. HUD alone; acting-under the authority. of 24 CFR 578.107;: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 period of availability_of Grant Funds for all projects funded under this: Agreement: <br />www.lfud adv: espanol.hUdgov : > 3 <br />..... .... ..... <br />• ' <br />r <br />