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Breakdown of Funding <br /> Design Services Construction CEI Services <br /> FM# 2286274 -3242 FM# 228627- 1 -52-01 FM# 228627442-01 <br /> $2509000 .00 $2093469473 .00 $392369889 .00 <br /> Total estimated Project Cost = $23 , 833,362 .00 <br /> (A) The DEPARTMENT intends to have it final and complete accounting of all costs <br /> incurred in connection with the work performed hereunder within three hundred <br /> sixty (360) days of final payment made to the Contractor . The DEPARTMENT <br /> considers the PROJECT complete when the final payment is made to the <br /> Contractor, not when the construction work is complete. All PROJECT cost <br /> records and accounts shall be subject to audit by a representative of the <br /> PARTICIPANT for a period of five (5 ) years after final close out of the <br /> PROJECT . The PARTICIPANT will be notified of the final cost. Both parties <br /> agree that in the event the final accounting of total PROJECT costs pursuant to the <br /> terms of this Agreement is less than the total deposits to date, a refund of the excess <br /> will be made by the DEPARTMENT to the PARTICPANT . If the final <br /> accounting is not performed within three hundred and sixty (360) days, the <br /> PARTICIPANT is not relieved from its obligation to pay. <br /> (B) In the event the final accounting of total PROJECT costs is greater than the total <br /> deposits to date, the PARTICIPANT will pay the additional amount within forty <br /> (40) calendar days from the date of the invoice from the DEPARTMENT . The <br /> PARTICIPANT agrees to pay interest at a rate as established pursuant to Section <br /> 55. 03, F. S. , on any invoice not paid within forty (40) calendar days until the <br /> invoice is paid . <br /> (C) The payment of funds under this Agreement will be made: <br /> Directly to the DEPARTMENT for deposit and as provided in the Memorandum <br /> of Agreement (MOA) between PARTICIPANT , DEPARTMENT, and the State <br /> of Florida, Department of Financial Services , Division of Treasury, a copy of which <br /> is attached hereto as Exhibit "B" . <br /> NOTE . The MOA is a benefit to both the DEPARTMENT and the <br /> PARTICIPANT . Interest earned will be used for any additional costs of <br /> PARTICIPANT responsibility. Any unused funds, including interest, will be <br /> provided to the PARTICIPANT after the final accounting of the PROJECT has <br /> been performed. <br /> (D) The DEPARTMENT ' S obligation to pay any sum pursuant to this Agreement is <br /> contingent upon an annual appropriation by the Florida Legislature. <br /> Page 3 <br />