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• • j • <br /> - (4) The control , utilization and disposition of any property <br /> or equipment acquired under this agreement using federal � <br /> funds shall be in accordance with the provisions of <br /> Attachment N-OMB Circular A-102. <br /> C. The CITY shall be reimbursed for indirect salary costs, <br /> indirect non-salary costs and overhead. <br /> Before submitting invoices to the DEPARTMENT for payment, the <br /> CITY shall submit for approval the following to the DEPARTMENT. <br /> (1) The method used by the .CITY to segregate and accumulate <br /> the costs related to direct salary and to segregate and <br /> accumulate the indirect (or overhead) costs. <br /> (2) The estabtished practice to be used by the CITY in the <br /> allocation of these costs to the work elements of the <br /> Technical Work Program. <br /> 6. Method of Pavment. The CITY shall have the option of submitting <br /> invoices on a monthly or quarterly basis for services performed. <br /> The amount shown on ea.ch invoice shall be substantiated by Exhibit <br /> A showing total agency direct costs and total agency indirect <br /> costs. Each invoice shall be supported by a statement of costs <br /> incurred by the CITY in the performance of this Agreement and <br /> claimed to constitute allowable costs. The DEPARTMENT wi11 cause <br /> payments to be made in accordance with such invoices within <br /> forty-five (45) days. Payment will be made in the amount of sums <br /> earned less previous partial payment. Final payment shall be made <br /> upon determination by the DEPARTMENT that all requirements hereunder <br /> have been completed. Such final payment will be made subject to • <br /> ad�ustment after completion of an audit of the CITY's records as <br /> provided for in Item 9. All record keeping should be in accordance <br /> with sound accounting standards. The DEPARTMENT will withhold <br /> payment of all invoices submitted after June 30, �994 until all <br /> products specifically stated in Appendix I have been completed by <br /> - the CITY and submitted to the DEPARTMENT. <br /> 7. Progress and Expenditure Re�orting. The CITY shall prepare and <br /> submit to the DEPARTMENT a quarterly progress narrative and estimate <br /> of incurred expenditures within twenty-one (21) days after the end <br /> of each quarter, and an annual completion report, including a <br /> narrative on accomplishments for the year and a final estimate of <br /> incurred expenditures, within ninety (90) days after the end of the <br /> last quarter. <br /> 8. FTA Partici�ation. This Agreement contemplates participation by FTA <br /> in costs incurred by the CITY in the performance of work activities <br /> covered by this Agreement. No obligdtion for costs not reimbursable <br /> by FTA shall be knowingly .entered into and billed to the DEPARTMENT <br /> for reimbursement, incurred costs which are not reimbursable by FTA <br /> will be the sole responsibility of the CITY. <br /> -4- <br />