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..... Prei-award Costs for Continuum of Care Planning ...... .... The Recipient may, at its own risk, incur pre:-award costs for continuum of care plaiinuig ::awards, after the date of the HUD selection notice-and prior to the eff--ective date.of this Agreement,.if such costs:. a) are consistent: with 2 CFR 200.458; and b) would be allowable. as:a post-award cost; and c) do _not exceed :10 percent :of the. total funds obligated to this award. The incurrence of pre -.: award costs in anticipation of an award imposes no obligation on- HUD either to make the award, or to increase the amount .o f the approved budget,: if the award is made for -less than the amount � anticipated and is inadequate to cover the pre=award costs incurred. :-These provisions apply to all Recipients:: , If any new projects funded under this Agreement are for project-based rental assistance fora ..:: .term: of fifteen: (l ,) years; .the funding provided under this Agreement is for the performance: period ; :. stated herein only. Additional funding is subject to the :availability of annual appropriations::: :The budget period and performance .period of renewal. projects funded by this. Agreement will. : • begin immediately. at the end: of the budget period and performance: period of the: grant being renewed Eligible costs incurred between: the end' of Recipient's budget period and performance period under: the grant.being renewed and 'the date-this Agreement is-executed by both parties maybe reimbursed-with. Grants funds from this Agreement. No Grant.Funds for renewal projects maybe drawn down byRecipient before the End date: of the proj:ect's budget period:and performance period under.the grant that has been renewed. For any transition project funded under this: Agreement the budget period and performance- eno of the transition ro'ect s will.be in immediately.at the end of the Recipient s final operating P..: P j. .(.� g year under the grant being transitioned. Eligible costs, as defined by. the Act and the Rule= incurred:: - between the end of-Recipienfs final operating year under the grant being transitioned and the 1 ' execution of this Agreement may be paid with funds:from the first operating year of this Agreement. :...:.: -: ....... ...... ....... HUD designations of Continuums of Care as High-performing Communities (HPCS) are published on HUD.goy in the.appropriate:Fiscal Years' CoC Pro gram. Cbnnpetition-Funding Availability page. ::Notwithstanding anything toahecontrary in the Application or this Agreement,. Recipient may only use grant funds fdr-H-*PC Homelessness. Prevention:Activities if the Continuum:. that designated the. Recipient to apply for the grant was designated an:HPC for the applicable fiscal; year:.: . The Recipient must complete the attached "Indirect Cost Rate Schedule" and return it :to HUD with this Agreement. The. Recipient must provide HUD with a revised schedule when any _ change is:made to the rate(s) included iii the schedule. The schedule and any:revisions HUD receive$ f from the Recipient will be incorporated into and made part-of this Agreement, provided that each rate: included satisfies the applicable requirements under 2 CFR part 200. (including appendices). This Agreement shall remain in effectuntil the-earlier of l.) written agreement by the_parties; s- .: 2) by. HUD alone; acting.under the authority. of 24 CFR 578.107; 3) upon expiration of the budget period=and performance period forall projects funded .under this Agreement; or 4) upon the ::expiration of the eriod of avaiiabili of Grant Funds for idl ro'ects 1inded under this A Bement: .... p: �' P j wnvw.6ud. Prue•; �-• k' ... .. .. :f2