GRANT CLAIMS. 4.1 The Recipient must claim only eligible expenditure as defined at Part 1 of Schedule 2. 4.2 The Recipient must submit ▇▇▇▇▇ claims at quarterly intervals in line with Instructions for Submitting Grant Claims at Part 2 of the Schedule 2. All relevant sections of the form must be completed, including the latest forecasts of the estimate cost and delivery timetable of the Project. 4.3 The Grant shall be claimed by the Recipient for the Project in accordance with the Budget and Funding Profile. 4.4 For the avoidance of doubt: (a) the amount of the Grant that the Recipient claims on any item of expenditure listed in the first column of the Budget and Spending Profile shall not exceed the corresponding total sum of money listed in the final column; (b) The amount of the Grant that the Recipient claims for each Gateway Stage shall not exceed the total amount of the Grant allocated to that Gateway Stage as set out in the Budget and Funding Profile; (c) The Recipient’s quarterly Grant claims shall not exceed the quarterly budget profile amounts set out within the Budget and Funding Profile without the prior written agreement of the Funder. 4.5 The Recipient shall not claim the Grant to: (a) make any payment to members of its Governing Body; (b) purchase buildings or land as part of the Project; (c) pay for any expenditure commitments of the Recipient entered into before the Commencement Date; (d) pay any Project costs in excess of the agreed budget as set out in the Budget and Funding Profile; (e) fund any changes to the scope of the Project; or (f) pay any maintenance liabilities, operating costs or other whole life costs of the Project following completion. unless this has been approved in writing by the Funder. 4.6 The Recipient may not claim any part of the Grant for the Project after the Grant Period save for any part of the Grant allocated to Part 1 compensation claims as follows: (a) The Recipient shall (at the time of submission of the final claim for ▇▇▇▇▇ in accordance with Part 2 of Schedule) notify the Funder of the estimated total cost 6 of the claims; (b) The Funder shall, following notification from the Recipient, retain ▇▇▇▇▇ equal to the notified estimate to cover part 1 compensation claims for a period of 6 years from the date the Project becomes operational and shall subject to the terms of this Agreement release it to the Recipient to meet any part 1 compensation claims made.
Appears in 1 contract
Sources: Grant Agreement
GRANT CLAIMS. 4.1 The Recipient must claim only eligible expenditure as defined at Part 1 of Schedule 2.
4.2 The Recipient must submit ▇▇▇▇▇ Grant claims (as appropriate) at quarterly intervals in line with Instructions for Submitting Grant Claims at Part 2 of the Schedule 22 and Schedule 3. All relevant sections of the form must be completed, including the latest forecasts of the estimate estimated cost and delivery timetable of the Project.
4.3 The Grant shall be claimed by the Recipient for the Project quarterly using information provided by the Supplier to the Recipient in accordance with the Budget and Funding ProfileMilestone Payment Schedules under the Call Off Agreement. The Grant claims from the Recipient should set out only the Eligible Expenditure as provided by the Supplier. The Funder is not responsible for any potential shortfall in funding for Milestone Payments under the Call Off Agreement.
4.4 For the avoidance of doubt:
(a) the amount of the Grant that the Recipient claims on any item of expenditure is listed in the first column Supplier's standard rates for equipment, services and works for the Project as provided in Schedule 7 of the Budget Call Off Agreement and Spending Profile shall not exceed for each Site the corresponding total sum of money listed in the final columnStandard Funding Cap;
(b) The amount of the Grant that the Recipient claims for each Gateway Stage shall not exceed the total amount of the Grant allocated to that Gateway Stage as set out in the Budget and Funding Profile;
(c) The Recipient’s 's quarterly Grant claims shall not (when aggregated with other claims in the relevant period) exceed the quarterly budget profile amounts for the period in which that quarter falls as set out within the Budget and Maximum Available Funding Profile in Schedule 3, without the prior written agreement of the Funder.
4.5 The Recipient shall not claim the Grant to:
(a) make any payment to members of its Governing Body;
(b) purchase buildings or land as part of the Project;
(c) pay for any expenditure commitments of the Recipient entered into before the Commencement Date;
(d) pay any Project costs in excess of the agreed budget as set out in the Budget and Maximum Available Funding Profile;
(e) fund any changes to the scope of the Project; or
(f) pay any maintenance liabilities, operating costs or other whole life costs of the Project following completion. and/or of any Site and/or of any EVCP, unless this has been approved in writing by the Funder.
4.6 The Recipient may not claim Funder reserves the right to vary the Grant in any part of the Grant for the Project after the Grant Period save for any part of the Grant allocated to Part 1 compensation claims as followscircumstances mentioned below:
(a) The It is not satisfied that proper progress in the Services under the Call Off Agreement between the Recipient shall (at and the time of submission of the final claim for ▇▇▇▇▇ in accordance with Part 2 of Schedule) notify the Funder of the estimated total cost 6 of the claims;Supplier or any part thereof is being maintained; or
(b) A Site becomes a Discontinued Site for whatever reason; or
(c) For any other reason as set out in this Agreement and/or the Framework Agreement and/or the Call Off Agreement
4.7 The Funder shall, following notification from reserves the Recipient, retain ▇▇▇▇▇ equal right to increase the notified estimate to cover part 1 compensation claims for a period of 6 years from the date the Project becomes operational and shall subject to the terms of this Agreement release it Grant to the Recipient to meet any part 1 compensation claims madeif it is satisfied with the delivery of the Project by the Recipient but not satisfied that the requisite number of Sites over the remainder of the WYCA Region will be completed by 31st March 2020.
Appears in 1 contract
Sources: Grant Agreement