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MANAGED CAREER SOLUTIONS, SPC
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Last modified
4/23/2021 3:50:15 PM
Creation date
8/12/2020 11:08:25 AM
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Contracts
Company Name
MANAGED CAREER SOLUTIONS, SPC
Contract #
A-2020-158-04
Agency
FINANCE & MANAGEMENT SERVICES
Council Approval Date
8/4/2020
Expiration Date
12/31/2020
Insurance Exp Date
7/1/2021
Destruction Year
2025
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I. CARES ACT PROGRAM PROVISIONS <br />A. Scope of Work. SUBRECIPIENT shall be responsible for the specific tasks and <br />services of said program, and agrees to administer said program in compliance with the size of the <br />grant, the eligibility requirements, the eligible expenses for said program, the disbursement of funds, <br />the required information/documents to qualify for grant award, and the project expectations as <br />described in the Scope of Work attached hereto as Exhibit A. SUBRECIPIENT's failure to perform <br />as required may, in addition to other remedies set forth in this Agreement, result in readjustment of <br />the amount of funds for said program or termination of this Agreement. <br />B. Term of Agreement. The term of said Agreement shall commence on the date first <br />written above and continue through December 31, 2020 ("Term"), unless terminated earlier <br />pursuant to the terms of this Agreement. SUBRECIPIENT shall administer said program during <br />said Term pursuant to the Project Schedule attached hereto as Exhibit C. This Agreement shall <br />also cover any and all services provided by the SUBRECIPIENT to the CITY since the date the <br />CARES Act Funds were awarded to the CITY. Additionally, the Term of this Agreement may be <br />extended by a writing executed by the City Manager, or her designee, and the City Attorney. <br />C. Amount of Grant Fundine. The total amount of funds provided for said program <br />shall not exceed Eight Hundred and Eighty -Four Thousand Dollars ($884,000 00) ("CARES Act <br />Funds") during the Term of the Agreement. SUBRECIPIENT agrees to administer said program as <br />outlined in Exhibit A, and within the terms of this Agreement, and to use said CARES Act Funds to <br />administer said program pursuant to the regulations in Exhibit B attached hereto and incorporated <br />herein by reference. <br />(1) Funds for Santa Ana Restaurant and Bar Relief Grant. SUBRECIPIENT will <br />be disbursed fixnds up to an amount not to exceed Eight Hundred and Fifty Thousand Dollars <br />($850,000.00) to be used solely for grants to eligible participants in said program in accordance with <br />Exhibit A. <br />(2) Administrative Funds. CITY shall make administrative fee payment(s) to <br />SUBRECIPIENT in the amount of four percent (4%) of program funding for administering said <br />program, which equals a total amount not to exceed Thirty -Four Thousand Dollars ($34,000.00), <br />pursuant to the terms detailed in Exhibit B. SUBRECIPIENT shall submit an invoice to receive an <br />upfront payment of twenty percent (20%) of the administrative fee, which equals Six Thousand Eight <br />Hundred Dollars ($6,800.00). Future invoices will reflect a credit for the upfront administrative fee <br />payment. Final administrative fee payment will be based on four percent (4%) of the total grant funds <br />issued. <br />D. Disbursement of Funds. Said CARES Act Funds shall be disbursed by CITY to <br />SUBRECIPIENT pursuant to the terms found in the Compensation/Payment attached hereto as <br />Exhibit B, with payments subject to the submittal of invoices and other reporting requirements, <br />as hereinafter more fully set forth. SUBRECIPIENT shall be obligated to perform such duties as <br />would normally extend beyond the term, including, but not limited to, obligations with respect to <br />indemnification, audits, reporting, data retention/reporting, and accounting. Failure to provide any <br />of the required documentation and reporting will cause CITY to withhold all or a portion of a <br />2 <br />
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