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2024-292
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2024-292
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Last modified
12/12/2024 3:30:08 PM
Creation date
12/12/2024 3:28:22 PM
Metadata
Fields
Template:
Official Documents
Official Document Type
Grant
Approved Date
11/19/2024
Control Number
2024-292
Agenda Item Number
8.D.
Entity Name
State of Florida Department of Transportation (FDOT)
Subject
Agreement for Construction of Indian River Blvd from SR-5/US 1?Federal Highway
to 17th Street IRC-1817, FM No. 444269-1-54-01
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Alt Form STATE OF FLORIDA DEPARTMENT OF TRANSPORTATION 525-011-01-1 <br />Select Agreement PROGRAM <br />MANAGEMENT <br />05/21 <br />Page 1 of 1 <br />EXHIBIT H <br />ALTERNATIVE ADVANCE PAYMENT FINANCIAL PROVISIONS <br />If payments are authorized by the Chief Financial Officer of the State of Florida under Chapters 215 and 216, <br />Florida Statutes or the Department's Comptroller under Section 334.044(29), Florida Statutes: <br />1. The invoiced amount to the Department for contractor(s) and consultant(s) cannot exceed the amount of <br />the invoice received from the Recipient's contractor(s) or consultant(s). <br />2. All of the Recipient's costs must have been incurred and paid prior to the date of the invoice. <br />3. All invoices received from the Recipient shall clearly separate the cost of the contractor(s) or consultant(s) <br />from the Recipient's costs billed to the Department. <br />4. All invoices submitted to the Department must provide complete documentation, including a copy of the <br />contractor's or consultant's invoice(s), to substantiate the cost on the invoice. <br />5. The Recipient must certify on each invoice that the costs from the contractor(s) or consultant(s) are valid <br />and have been incurred by the contractor(s) or consultant(s). <br />6. Each monthly invoice subsequent to the first invoice from the Recipient must contain a statement from the <br />Recipient that the previous month's cost incurred by the contractor(s) or consultant(s) has been paid by the <br />Recipient to the contractor(s) or consultant(s). <br />
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