Total Project Cost. The total cost of the Project is $3,260,658.00, of which (i) Grantee shall pay $1,060,300.00 as shown in the Budget (collectively, the “Matching Funds”), and (ii) $2,200,358.00 shall be provided by the Grant. The total estimated cost of the Project is based upon the Budget. Grantee shall monitor the Budget and submit an amended Budget to Triumph in the event that (a) the total cost of the Project increases or decreases by greater than five percent (5%), (b) total the Budget increases or decreases by greater than five percent (5%),
Appears in 1 contract
Sources: Grant Award Agreement
Total Project Cost. The total cost of the Project is $3,260,658.001,867,000, of which (i) Grantee shall pay $1,060,300.00 652,000 as shown in the Budget (collectively, the “Matching Funds”), and (ii) $2,200,358.00 1,215,000 shall be provided by the Grant. The total estimated cost of the Project is based upon the budget set forth in Exhibit "B" attached to and incorporated into this Agreement (the "Budget"). Grantee shall monitor the Budget and submit an amended Budget to Triumph in the event that (a) the total cost of the Project increases or decreases by greater than five percent (5%), (b) total the Budget increases or decreases by greater than five percent (5%),
Appears in 1 contract
Sources: Grant Award Agreement
Total Project Cost. The total cost of the Project is $3,260,658.001,761,536, of which (i) Grantee shall pay and other sources are contributing $1,060,300.00 as shown in 837,791 toward the Budget Project (collectively, the “Matching Funds”), ) and (ii) Triumph shall provide a maximum of $2,200,358.00 shall be provided by 923,745. To the Grant. The total estimated extent that the actual cost of the Project is based upon the Budgetexceeds $1,761,536, Grantee shall be solely responsible for such excess. Grantee shall monitor the Budget and submit an amended Budget to Triumph for approval in the event that any case in which Grantee proposes to make a change to a previously approved Budget. For amendments where either (a) the total cost of the Project increases or decreases by greater than five percent (5%), (b) total the Budget cumulatively increases or decreases by greater than five percent (5%),
Appears in 1 contract
Sources: Grant Award Agreement
Total Project Cost. The total cost of the Project is $3,260,658.004,742,407, of which (i) Grantee shall pay $1,060,300.00 3,000,000 as shown in the Budget (collectively, the “Matching Funds”), and (ii) $2,200,358.00 shall be provided by the Grant. The total estimated cost of the Project is based upon the Budget. Grantee shall monitor the Budget and submit an amended Budget to Triumph in the event that (a) the total cost of the Project increases or decreases by greater than five percent (5%), (b) total the Budget increases or decreases by greater than five percent (5%),and
Appears in 1 contract
Sources: Grant Award Agreement
Total Project Cost. The total cost of the Project is $3,260,658.003,650,000.00, of which (i) Grantee shall pay $1,060,300.00 400,000.00 ($40,000.00 per year for ten (10) years for personnel, recruitment, certification materials/supplies, and fees) as shown in the Budget (collectively, the “Matching Funds”), and (ii) $2,200,358.00 shall be provided by the Grant. The total estimated cost of the Project is based upon the Budget. Grantee shall monitor the Budget and submit an amended Budget to Triumph in the event that (a) the total cost of the Project increases or decreases by greater than five percent (5%), (b) total the Budget increases or decreases by greater than five percent (5%),and
Appears in 1 contract
Sources: Grant Award Agreement
Total Project Cost. The total cost of the Project is $3,260,658.00, 33,000,000 of which (i) matching funds are being contributed by Grantee shall pay $1,060,300.00 as shown and others in the Budget amount of $7,500,000 (collectively, the “Matching Funds”), and (ii) up to $2,200,358.00 shall be 25,500,000 is being provided by the Grant. The total estimated cost of the Project is based upon the Budget. Grantee shall monitor To the Budget and submit an amended Budget to Triumph in extent that the event that (a) the total actual cost of the Project increases or decreases by greater than five percent (5%)exceeds $33,000,000, (b) total the Budget increases or decreases by greater than five percent (5%),Grantee shall be solely responsible for such excess.”
Appears in 1 contract
Sources: Grant Award Agreement