Common use of CPT Clause in Contracts

CPT. CAC will submit to FNCAC a COST reimbursement invoice by the 25th of each month following the close of the invoice month. CAC to submit Monthly CPT Invoice to the FNCAC in accordance with the Scope of Work. Request for payment and the CAC's monthly expenditure report that have been approved by the Contract Manager w ll be included in the monthly invoice packet. Each CAC will sign their monthly CPT de iverable that includes the following statement and the CAC deliverable will be included in the monthly invoice packet: I understand that the actual performance of the measures above must be 100% completed by June 30 2022 in order for the contractor to be elig ble fo full reimbursement under our grant agreement. For each measure that does not meet the minimum standard a financial consequence may be used to adjust the payment to meet the performance level actually achieved. I hereby certify that the information regarding the performance accountabi ity measures submitted in support of this claim for reimbursement is a true and accurate representation of the actual performance of the contractor in the delivering the goods and services required under the contract. Each CAC will sign their monthly CPT deliverable and the deliverable will be included with the CAC's invoice in the monthly invoice packet. If the PROVIDER fails to achieve the minimum monthly deliverable in accordance with the agreement, the PROVIDER will be assessed a financial consequence in the amount of 3% of the total monthly reimbursement request.

CPT. CAC will submit to FNCAC a COST reimbursement invoice by the 25th of each month following the close of the invoice month. CAC to submit Monthly CPT Invoice to the FNCAC in accordance with the Scope of Work. Request for payment and the CAC's monthly expenditure report that have been approved by the Contract Manager w ll will be included in the monthly invoice packet. Each CAC will sign their monthly CPT de iverable deliverable that includes the following statement and the CAC deliverable will be included in the monthly invoice packet: I understand that the actual performance of the measures above must be 100% completed by June 30 30, 2022 in order for the contractor to be elig ble fo eligible for full reimbursement under our grant agreement. For each measure that does not meet the minimum standard standard, a financial consequence may be used to adjust the payment to meet the performance level actually achieved. I hereby certify that the information regarding the performance accountabi ity accountability measures submitted in support of this claim for reimbursement is a true and accurate representation of the actual performance of the contractor in the delivering the goods and services required under the contract. Each CAC will sign their monthly CPT deliverable and the deliverable will be included with the CAC's invoice in the monthly invoice packet. If the PROVIDER fails to achieve the minimum monthly deliverable in accordance with the agreement, the PROVIDER will be assessed a financial consequence in the amount of 3% of the total monthly reimbursement request.