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Agreement No.A1CYZ03066 FY.2020 <br /> EXHIBIT C <br /> PAYM ENT <br /> Granteeshallreceive $500,000.0o underthisAgreement. <br /> Enter specific terms of payment here: <br /> Grantees may be paid for the Census Grant Program by advance payments or reimbursement <br /> method as follows: <br /> Advance Payments <br /> Grantees may request advance payment for the Census Grant Program by submitting a written <br /> request supported by a proforma cash flow statement demonstrating estimated monthly cash <br /> requirements for the term of the grant.The total amount of monthly estimated cash <br /> requirements must agree to the total amount proposed in the approved budget. <br /> Upon the Census Office's approval of grantee to receive advance payment,the Census Office <br /> will disburse an initial payment to the grantee in an amount equal to the first two months <br /> cash flow requirements as reflected in the proforma cash flow statement. <br /> Subsequent monthly payments will be based on periodic financial invoices submitted to the <br /> Census Office as described below,adjusted up or down,to reconcile payments previously <br /> advanced with respective monthly financial invoices. <br /> On the 15th day following the end of any monthly reporting period,and in a format <br /> prescribed by the Census Office,grantees must submit a monthly financial invoice <br /> demonstrating all actual incurred costs for the preceding month. <br /> The monthly financial invoice must be delineated according to the most recently approved <br /> Census Grant Program budget. <br /> Reimbursement Method <br /> The Census Office will disburse payments to grantee based on actual costs incurred as <br /> reflected in the monthly financial invoice submitted for the respective month,as <br /> described below. <br /> On the 15th day following the end of any respective monthly reporting period,and in a <br /> format prescribed by the Department,grantees must submit a monthly financial invoice <br /> demonstrating all actual incurred costs for the preceding month. <br /> The monthly financial invoice must be delineated according to the most recently approved <br /> Census Grant Program budget. <br /> State Of Illinois. <br /> GRANT A6REEMENT FISCAL YEAR 2020/1 14 19 <br /> Published Revision: 2019.12.16.14.30.54 613 <br /> Page: 30 of 41 <br />