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party contract reimbursements to subcontractors will be allowable as PROJECT costs only after <br />those costs are incurred and paid for by the subcontractors. <br />8. To be eligible for local match credit, ADMINISTERING AGENCY must ensure that local <br />match funds used for a PROJECT meet the fiscal provisions requirements outlined in ARTICLE <br />IV in the same manner that is required of all other PROJECT expenditures. <br />9. Except as provided in this Article, this AGREEMENT is solely between and for the benefit of <br />the PARTIES and there are no third -party beneficiaries. <br />Page 11 of 16 <br />