MANAGED CAREER SOLUTIONS, SPC (4)

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I. CARES ACT PROGRAM PROVISIONS A. Scone of Work. SUBRECIPIENT shall be responsible for the specific tasks and services of said program, and agrees to administer said program in compliance with the size of the grant, the eligibility requirements, the eligible expenses for said program, the disbursement of funds, the required information/documents to qualify for grant award, and the project expectations as described in the Scope of Work attached hereto as Exhibit A. SUBRECIPIENT's failure to perform as required may, in addition to other remedies set forth in this Agreement, result in readjustment of the amount of funds for said program or termination of this Agreement. B. Term of Agreement. The term of said Agreement shall commence on the date first written above and continue through October 31 2020 ("Term"), unless terminated earlier pursuant to the terms of this Agreement. SUBRECIPIENT shall administer said program during said Term pursuant to the Project Schedule attached hereto as Exhibit C. This Agreement shall also cover any and all services provided by the SUBRECIPIENT to the CITY since the date the CARES Act Funds were awarded to the CITY. Additionally, the Term of this Agreement may be extended by a writing executed by the City Manager, or her designee, and the City Attorney. C. Amount of Grant Fundine. The total amount of funds provided for said program shall not exceed Two Million Four -Hundred and Eighty -Five Thousand Six Hundred Dollars ($2,485,600.00) ("CARES Act Funds") during the Term of the Agreement. SUBRECIPIENT agrees to administer said program as outlined in Exhibit A, and within the terms of this Agreement, and to use said CARES Act Funds to administer said program pursuant to the regulations in Exhibit B attached hereto and incorporated herein by reference. (1) Funds for Santa Ana CARES Small Business Grant. SUBRECIPIENT will be disbursed funds up to an amount not to exceed Two Million Three Hundred and Ninety Thousand Dollars ($2,390,000.00) to be used solely for grants to eligible participants in said program in accordance with Exhibit A. (2) Administrative Funds. CITY shall make administrative fee payment(s) to SUBRECIPIENT in the amount of four percent (4%) of program funding for administering said program, which equals a total amount not to exceed Ninety -Five Thousand Six Hundred Dollars ($95,600.00), pursuant to the terms detailed in Exhibit B. SUBRECIPIENT shall submit an invoice to receive an upfront payment of twenty percent (20%) of the administrative fee, which equals Nineteen Thousand One Hundred and Twenty Dollars ($19,120.00). Future invoices will reflect a credit for the upfront administrative fee payment. Final administrative fee payment will be based on four percent (4%) of the total grant funds issued. D. Disbursement of Funds. Said CARES Act Funds shall be disbursed by CITY to SUBRECIPIENT pursuant to the terms found in the Compensation/Payment attached hereto as Exhibit B, with payments subject to the submittal of invoices and other reporting requirements, as hereinafter more fully set forth. SUBRECIPIENT shall be obligated to perform such duties as would normally extend beyond the term, including, but not limited to, obligations with respect to indemnification, audits, reporting, data retention/reporting, and accounting. Failure to provide any of the required documentation and reporting will cause CITY to withhold all or a portion of a P