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11aNiI�1D�¢10:8DF53EAC-E3A84AAo-' "`"1E36F4F1ECBBI] STATE OF FLORIDA DEPARTMENT OF TRANSPORTATION )MINF�' PUBLIC TRANSPORTAT- M oEvELo C AGREEMENT °OC"n _ *Exhlott AM* Requirements for Awards of Federal Financial Assistance ., *Exalt It. Certification of Disbursement of Payment to Vehicle and/or Equipment Vendor *Addi Tonal Exhibit(s)- `Indicates that the Exhibit is only attached and incorporated if applicable box is selected. 5. Time. Unless specified otherwise, all references to `days" within this Agreement refer to calendar days. 6. Term of Agreement. This Agreement shall commence upon full eectgon by both Parties {`Effective Date") and continue through March 31, 2027 If the Agency does not complete the Pmt within this time period, this Agreement will expire unless an extension of the time period is requested by the Agency and granted in wnting by the Department prior to the expiration of this Agreement. Expiration of this Agreement will be considered termination of the Project. The cost of any work performed prior to the Effective Date or after the expiration date of this Agreement will not be reimbursed by the Department. a. _ If this box is checked the following provision applies Unless terminated earlier, work on the Project shall commence no later than the _ day of 4w within _ days of the issuance of the Notice to Proceed for the construction phase of the Project (if the Project irvoives construction), whichever date is earlier. The Department shall have the optior to immediately terminate this Agreement should the Agency fail to meet the above -required dates. 7. Amendments, Extensions, and Assignment. This Agreement may be amended or extended upon mutual written agreement of the Parties. This Agreement shall not be renewed. This Agreement shall not be assigned, transferred, or otherwise encumbered by the Agency under any circumstances without the prior written consent of the Department. 8. Termination or Suspension of Project. The Department may, by written notice to the Agency. suspend any or all of the Departments obligations under this Agreement for the Agency's failure to comply with applicable law or the terms of this Agreement until such time as the event or condition resulting in such suspension has ceased or been corrected a. Notwithstanding any other provision of this Agreement if the Department intends to terminate the Agreement, the Department shall notify the Agercy of such termination in writing at least thirty (30) days prior to the termination of the Agreement, with instructions to the effective date of termination or specify the stage of work at which the Agreement is to be terminated. b. The Parties to this Agreement may terminate this Agreement when its continuation would not produce beneficial results commensurate with the further expenditure of funds In this event, the Parties shall agree upon the termination conditions. c. If the Agreement is terminated before performance is completed, the Agency shall be paid only for that work satisfactorily performed for which costs can be substantiated. Such payment, however, may not exceed the equivalent percentage of the Department's maximum financial assistance. If any portion of the Project is located on the Department's right-of-way, then all work jrltprogress on the Departmerilright-of-way will become the property Department and will be turned over promptly bylhe Agency d. in the event the Agenc r fails to perfogtlt or honor the requirements and provisions O( llj* Agreement, the Agency shall promptly refund in full to the Department within thirty (30) of the termination of the Agreement any funds that were determined by the Departrt# have been expended in violation of the Agreement. e. The Department reserves the right to unilaterally cancel this Agreement for failure:1111Y10111111, Agency to comply with the Public Records provisions of Chapter 119, Florida Statutes. Page 2 of 23 136