Reduction of Funds Clause Samples

Reduction of Funds. If Provider underutilizes County funds, the Contract Administrator has the authority to reduce the maximum funding allocated under this Agreement. Such adjustments may be made via a Contract Adjustment signed by the HSD Director or Deputy Director and Provider. The Contract Adjustment must include corresponding revisions to the maximum units of service and minimum number of clients served.

Reduction of Funds. The maximum amount authorized by this Agreement shall be reduced or Agreement terminated if required by federal/state law, regulation, or action or if there is significant under-utilization of funds, provided GRANTEE shall be reimbursed for all services performed in accordance with this Agreement prior to date of reduction or termination. If funds are reduced, there will be a comparable reduction in the amount of services to be given by GRANTEE. DWS will give GRANTEE thirty (30) days’ notice of reduction.

Reduction of Funds. In the event of Second Party's underutilization of funds, the Contract Administrator has the authority, at any time, to reduce the maximum funding allocated under this Agreement. Such adjustments shall be made via a Contract Adjustment(s), which shall be signed by the HSD Director or Deputy Director and Second Party. The Contract Adjustment(s) shall include corresponding revisions to the maximum units of service and minimum number of clients served.

Reduction of Funds. The AOC reserves the right to reduce funding should the standard probation population be determined by the AOC to be insufficient to support the current or projected level of funding. This reduction is not limited to, but may include, previously authorized positions and operating costs.

Reduction of Funds. 1. If funding for any State fiscal year is reduced or deleted by the Department of Finance, Legislature, or Congress for the purposes of this Agreement, RCOoA has the option to either: a. Terminate the Agreement; or b. Offer an amendment to Service Provider to reflect the reduced funding for this Agreement. 2. In the event that RCOoA elects to offer an amendment, it shall be mutually understood by both parties that RCOoA in its sole discretion shall determine the amount that this Agreements shall be reduced for the fiscal year. 3. RCOoA may reduce the amount of awarded funding if the Service Provider is not meeting service objectives as identified in Exhibit A or if spending pattern indicates the Service Provider will have unexpended funding at the end of the Agreement period of performance. RCOoA will be the sole determinant of all reduction of funding and will be reasonable in its determination. 4. The Service Provider hereby expressly waives any and all claims against RCOoA for damages arising from the termination, suspension, or reduction of the funds provided by RCOoA. 5. In the event of termination of this Agreement for reduction, suspension or termination of funds by RCOoA, the Service Provider shall be compensated by RCOoA for completed services rendered prior to termination, subject to availability of funds, allowability of costs and audit verification.

Reduction of Funds. In the event of SBBC's underutilization of funds, the Contract Administrator has the authority, at any time, to reduce the maximum funding allocated under this Agreement. Such adjustments shall be made via a Contract Adjustment(s), which shall be signed by the HSD Director or Deputy Director and SBBC. The Contract Adjustment(s) shall include corresponding revisions to the maximum units of service and minimum number of clients served.

Reduction of Funds a. Funding for this Contract is based upon an estimated number of participants the Contractor will serve for each different PRIME service, and its ability to: (1) Achieve its annual outcome goal(s); (2) Comply with the administrative requirements, terms, and conditions of this Contract; and (3) Meet the requirements of the statement(s) of work. b. If the Contractor’s billing and reporting patterns indicate the estimate was too high, or if the Contractor is unable to provide sufficient and effective service to the number of participants served, DSHS reserves the right to adjust those estimates and reduce funding accordingly. c. In the event DSHS chooses to exercise this right, DSHS will notify the Contractor in writing of the amount of the reduction. Both parties to this Contract agree that an amendment to this Contract will be considered proper written notice. d. Administrative requirements of this Contract include, but are not limited to, complete and timely submission of reports and invoices and adequate record keeping. If the Contractor fails to comply with these requirements: (1) DSHS shall notify the Contractor and provide technical assistance and best practice ideas to assist the Contractor in becoming compliant with the administrative requirements of this Contract. (2) If the Contractor still fails to comply with the administrative requirements of this Contract: (a) DSHS shall notify the Contractor. (b) The Contractor will be required to develop a written corrective action plan. (c) The Contractor shall submit the corrective action plan to the DSHS Contact as directed. (d) If the Contractor fails to comply with all the terms of the corrective action plan, DSHS shall reduce the Maximum Contract Amount of this Contract by two percent (2%). (e) If the Contractor fails to comply with the terms of a second corrective action. DSHS shall reduce the Maximum Contract Amount of this Contract by an additional three percent (3%).

Reduction of Funds. The Department makes payments only for services that are actually provided and that meet the terms and conditions of this Contract. Therefore, the Department shall have the right to deduct the amounts being withheld from its financial obligations to the Contractor if, at the end of the Contract term, the Contractor has not yet cured its failures or caused the potential losses or liabilities to cease. In addition, the Department shall have the right to deduct amounts equal to an amount imposed against the Department as a Federal disallowance or sanction that is attributable to the Contractor’s performance or failure to perform. The Department shall have the right to deduct any amounts due the Department from the Contractor from money otherwise payable to the Contractor for any other reason specifically provided under this Contract. DCF reserves the right, upon careful examination, to reduce the total amount of the Contract award due to significant under-spending by the Contractor. All such Contract award reductions will be executed by a unilateral amendment issued by the Department and will become effective upon thirty (30) calendar days written notice to the Contractor. Such reduction in funding shall not relieve the Contractor of any programmatic requirements or contractual responsibilities.

Reduction of Funds. The AOC reserves the right to reduce funding should the JIPS population be determined by the AOC to be insufficient to support the current or projected level of funding. This reduction is not limited to, but may include, previously authorized positions, contract services, operating costs and vehicle costs.