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R2017-154 Execution & Amendment of FY 2018 Transit Operating Assistance Grant
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R2017-154 Execution & Amendment of FY 2018 Transit Operating Assistance Grant
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7/13/2018 11:43:59 AM
Creation date
12/29/2017 3:39:16 PM
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Resolution/Ordinance
Res Ord Num
R2017-154
Res Ord Title
Auhtorizing and Execution of FY 2018 Transit Operating Assistance Grant Agreement with Illinois Department of Transportation
Department
Finance
Approved Date
12/18/2017
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Agreement No.4876(18-1141-2344) <br /> ARTICLE III <br /> DEFINITIONS <br /> 3.1. Definitions.Capitalized words and phrases used in this Agreement have the following meanings: <br /> "2 CFR Part 200"means the Uniform Administrative Requirements,Cost Principles,and Audit <br /> Requirements for Federal Awards published in Title 2,Part 200 of the Code of Federal Regulations. <br /> "Agreement"or"Grant Agreement"has the same meaning as in 44 III.Admin.Code 7000.20. <br /> "Allocable Costs"means costs allocable to a particular cost objective if the goods or services involved are <br /> chargeable or assignable to such cost objective in accordance with relative benefits received or other equitable <br /> relationship.Costs allocable to a specific Program may not be shifted to other Programs in order to meet <br /> deficiencies caused by overruns or other fund considerations,to avoid restrictions imposed by law or by the terms <br /> of this Agreement,or for other reasons of convenience. <br /> "Allowable Costs"has the same meaning as in 44 III.Admin.Code 7000.20. <br /> "Award"has the same meaning as in 44 III.Admin.Code 7000.20. <br /> "Budget"has the same meaning as in 44 III.Admin.Code 7000.20. <br /> "CFDA"or"Catalog of Federal Domestic Assistance"has the same meaning as in 44 III.Admin.Code <br /> 7000.20. <br /> "Close-out Report"means a report from the Grantee allowing the Grantor to determine whether all <br /> applicable administrative actions and required work have been completed,and therefore closeout actions can <br /> commence. <br /> "Conflict of Interest"has the same meaning as in 44 III.Admin.Code 7000.20. <br /> "Consolidated Financial Report"means a financial information presentation in which the assets,equity, <br /> liabilities,and operating accounts of an entity and its subsidiaries are combined(after eliminating all inter-entity <br /> transactions)and shown as belonging to a single reporting entity. <br /> "Cost Allocation Plan"has the same meaning as in 44 III.Admin.Code 7000.20. <br /> "CSFA"or"Catalog of State Financial Assistance"has the same meaning as in 44 III.Admin.Code 7000.20. <br /> "Direct Costs"has the same meaning as in 44 III.Admin.Code 7000.20. <br /> "Disallowed Costs"has the same meaning as in 44 III.Admin.Code 7000.20. <br /> "DUNS Number"means a unique nine digit identification number provided by Dun&Bradstreet for each <br /> physical location of Grantee's organization.Assignment of a DUNS Number is mandatory for all organizations <br /> seeking an Award from the State of Illinois. <br /> "FAIN"means the Federal Award Identification Number. <br /> State of Illinois <br /> GRANT AGREEMENT FISCAL YEAR 2018/2 27 17 <br /> Page 4 of 46 <br />
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