R2017-154 Execution & Amendment of FY 2018 Transit Operating Assistance Grant

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Agreement No.4876(18-1141-2344) approval. Expenditure of funds under a requested revision is prohibited and will not be reimbursed if expended before Grantor gives written approval.See 2 CFR 200.308. 5.3. Specific Conditions.If applicable,specific conditions required after a risk assessment will be included in Exhibit G. Grantee shall adhere to the specific conditions listed therein. ARTICLE VI BUDGET 6.1. Budget.The Budget is a schedule of anticipated grant expenditures that is approved by Grantor for carrying out the purposes of the Award.When Grantee or third parties support a portion of expenses associated with the Award,the Budget includes the non-Federal as well as the Federal share(and State share if applicable)of grant expenses.The Budget submitted by Grantee at application,or a revised Budget subsequently submitted and approved by Grantor,is considered final and is incorporated herein as an attachment. 6.2. Budget Revisions.Grantee shall obtain Prior Approval from Grantor whenever a Budget revision is necessary for one or more of the reasons enumerated in 2 CFR 200.308.All requests for Budget revisions that require Grantor approval shall be signed by Grantee's authorized representative and submitted to Grantor for approval. Expenditure of funds under a requested revision is prohibited and will not be reimbursed if expended before Grantor gives written approval.2 CFR 200.308. 6.3. Discretionary Line Item Transfers. Unless prohibited from doing so in 2 CFR 200.308,transfers between approved line items may be made without Grantor's approval only if the total amount transferred does not exceed the allowable variance of the greater of either(i)ten percent(10%)of the Budget line item or(ii)one thousand dollars($1,000)of the Budget line item. Discretionary line item transfers may not result in an increase to the Budget. 6.4. Non-discretionary Line Item Transfers.Total line item transfers exceeding the allowable variance of the greater of either(i)ten percent(10%)of the Budget line item or(ii)one thousand dollars($1,000)of the Budget line item require Grantor approval as set forth in Paragraph 6.2. 6.5. Notification.Within thirty(30)calendar days from the date of receipt of the request for Budget revisions,Grantor will review the request and notify Grantee whether the Budget revision has been approved, denied,or the date upon which a decision will be reached. ARTICLE VII ALLOWABLE COSTS 7.1. Allowability of Costs:Cost Allocation Methods.The allowability of costs and cost allocation methods for work performed under this Agreement shall be determined in accordance with 2 CFR 200 Subpart E and Appendices III,IV,and V. 7.2. Indirect Cost Rate Submission. (a) This Paragraph 7.2 applies only to: (i) A Grantee who charges,or expects to charge,any Indirect Costs;and State of Illinois GRANT AGREEMENT FISCAL YEAR 2018/2 27 17 Page 8 of 46