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CHARITABLE VENTURES OF ORANGE COUNTY (26)
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CHARITABLE VENTURES OF ORANGE COUNTY (26)
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Last modified
8/18/2020 9:47:44 AM
Creation date
8/18/2020 8:45:42 AM
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Contracts
Company Name
CHARITABLE VENTURES OF ORANGE COUNTY
Contract #
A-2020-146
Agency
COMMUNITY DEVELOPMENT
Council Approval Date
7/7/2020
Expiration Date
3/31/2022
Insurance Exp Date
7/15/2021
Destruction Year
2027
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G. Subcontractor represents that it has the requisite qualifications, expertise, and <br />experience to use said P2E grant funds to operate pursuant to P2E objectives. <br />H. This P2E Agreement is contingent upon the award of P2E grant funds from the <br />State of California. <br />I. Contractor and Subcontractor have duly executed this P2E Agreement for the <br />expenditure and utilization of said P2E funds. <br />NOW THEREFORE, it is agreed by and between the parties that the foregoing Recitals <br />are a substantive part of this P2E Agreement, and the following terms and conditions are approved <br />and together with all exhibits and attachments hereto, shall constitute the entire P2E Agreement <br />between the Contractor and Subcontractor: <br />SCOPE OF SERVICES <br />Subcontractor shall perform during the tern of this P2E Agreement, the tasks and <br />obligations including all labor, materials, tools, equipment, and incidental customar}' tGuri. <br />required to fully and adequately complete the services necessary for the P2E objectives, as Beta ilcd <br />in the Program and Budget Narrative attached hereto as Exhibit C and incorporated herein by <br />reference and in the Performance Indicators attached hereto as Exhibit D and incorporated herein <br />by reference ("Program"). <br />2. TERM <br />This P2E Agreement shall take effect on the date first written above and shall terminate on <br />March 31, 2022, unless otherwise terminated, cancelled or modified according to the terms of this <br />P2E Agreement. <br />DISBURSEMENT AND FUNDS <br />A. Contractor was allocated $3,816,967.00 in P2E grant fiords from the State of <br />California to be expended by March 31, 2022. Contractor agrees to pay to Subcontractor when.. it <br />and to the extent State P2E grant funds are received a sum not to exceed $850,000.00 for <br />Subcontractor's performance of the Program through the term of this P2E Agreement. Said stun <br />shall be paid after Contractor receives invoices submitted by Subcontractor as provided herein. <br />B. Subcontractor shall submit quarterly invoices (on or before the 151 day of Octohe, . <br />January, April, and July) in a form prescribed by the Contractor, detailing such expenses. Sucl <br />schedule may be modified with the approval of the Contractor. <br />C. Payment is subject to the receipt and approval of such invoices and quarted-, <br />activity reports. Contractor shall pay such invoices within thirty (30) days after receipt thereof, <br />provided Contractor is satisfied that such expenses have been incurred within the scope of this P2E <br />Agreement and that the Subcontractor is in compliance with the terms and conditions of this P2E <br />Agreement. The thirty (30) day period will discontinue if the reimbursement request is determined <br />
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