COUNTY OF ORANGE (2) - 2004 - Laserfiche WebLink

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overall program budget, as long as the amount of the total grant is not increased and the basic goals and objectives of the program are not altered. No such transfer may be made without the express prior written approval ofHCS. A modification of the Budget Schedule may include the addition of any new budget category. Approval of the Budget Modification by HCS includes approval of the new Budget Category, PAYMENTS BY COUNTY 18. Upon the effective date of this Agreement, COUNTY shall make payments to CONTRACTOR in accordance with the following payment schedule: (a) Monthly Payments. Beginning October 1. 2003. upon receipt and approval by HCS/Special Programs Division (SPD) of CONTRACTOR'S invoice showing the prior month's actual expenditures, COUNTY shall make monthly reimbursement payments based on CONTRACTOR'S invoice so long as the total payments under this Agreement do not exceed $ 192.281. (b) County Discretion. At the sole discretion of COUNTY, payments to CONTRACTOR may be made more frequently than monthly. (c) Invoices. CONTRACTOR shall provide to HCS/SPD monthly invoices by the 20th day following the month being reported. CONTRACTOR shall submit invoices to HCS/SPD. CONTRACTOR'S invoices shall show the most up to date costs chargeable to the program(s) referenced in this Agreement. If CONTRACTOR'S expenditures for any program referenced in this Agreement fall below 20% of planned expenditures for any cumulative period commencing from the beginning ofthe term of this Agreement, CONTRACTOR may be subject to a reduction in funding. No payments will be authorized if any preceding month's reports or invoices are outstanding. (d) Grant Fund Interest. All interest earned by CONTRACTOR on grant funds must be returned to COUNTY. 10 WIA Cost Reimbursement Contract REV 9124/Œ