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... .... Pre -award Costs for Continuum of. Care Planning "' The Recipient rnay, at its own risk, incur pre=award costs for continuum of -care: planning awards, after the date of the HUD selection notiee:and prior to the effective date. of this Agreement,.if such costs:. a) are consistentwith 2 CFR 200.45.8; .and b) would be allowable: as:a post -award cost;.:: and c) do. -not exceed a0 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 of the approved budget,: if the award is made for.less than the amount- anticipated mountanticipated 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 for a term of :fifteen 0 5) years, the funding provided under this Agreement'is for the performance: period 1 :.: stated -herein only. Additional funding is subject to the:availabiility 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 = ::. f renewed: Eligible costs incurred between the end- Recipient's budget period'andperformance -•:: •:•:;- eriod under the ant being renewed and the date:this Agreement is executed b both arties ma be . P gT g �'... Y P.... y... reimbursed with Grants Funds from this Agreement. No Grant.Funds for renewal projects maybe drawn down by Recipient before the :end date. of the project'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. period of the transition project(s) will: begin immediately at the end of the Recipient's final operating } year under -the grant being transitioned.. Eligible costs, as defined by. the Act and the Rule:incursed 7 between the end of Recipient's final operating year under the grant being transitioned and the ` execution of flus 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.appropriAtp Fiscal Years' CoC Program. Conipetitio' Funding I Availability. page. Notwithstanding anything tothecontrary.in the Application or this Agreement,.:. :. 1 Recipient may only use grant funds for HPC Homelessness. Prevention:ActWities if the Continuum::: that designated the. Recipient -to apply for the grant was designated an IUPC for the applicable fiscal:. year.:.:. The Recipient must complete the attached "Indirect Cost:Rate Schedule" and return it:to E ' HUD with this Agreement.: The, Recipient must provide HUD with a,revised schedule when any :'change is made to the ra s . included in the schedule. The schedule and any: revisions IUD receives from the Recipient will be incorporated into and made partof this Agreement, provided that each rate included satisfies the applicable requirements under 2 CFR part 200 (including appendices). = This Agreement shall remain in effect until thevarlier, of 1) written agreement by the parties; ...: 2) by. HUD alone; acting.under the. authority. of 24 CFR:578.107; 3) upon expiration of the budget E period and perfrnmance period for. all projects funded .under this Agreement; or 4) upon the - I :expiration of the period of availability. of Grant Funds for .91 projects funded under" Agreement.' wi�►iv httd.,dv:. :. PW3 .....