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4 . <br /> � � <br /> will be honored by the Government as set forth in this <br /> Section. Each payment made to the Recipient must comply with <br /> Department of the Treasury regulations, "Rules and Procedures <br /> " for Funds Transfers, " 31 C.F.R. Part 205 . To receive a <br /> Federal assistance payment, the Recipient must: <br /> . (1) Have demonstrated or certified that it will provide <br /> local funds adequate, when combined with Federal payments, to <br /> cover all costs to be incurred under the Project. A <br /> Recipient required by Federal statute or this Agreement to <br /> provide a local share agrees: (a) to refrain from requesting <br /> or obtaining Federal funds in excess of the amount justified <br /> by the local share that has been provided; and (b) to refrain <br /> from taking any action that would cause the proportion of <br /> Federal funds made available to the Project at any time to <br /> exceed the percentage authorized under the Agreement. A <br /> Recipient may defer provision of the local share only to the <br /> extent expressly permitted by the Government. <br /> (2) Have submitted to the Government (FTA) all - <br /> financial and progress reports required to date under this <br /> Agreement; and <br /> (3} Have identified the source (s) of financial <br /> assistance provided under this Project or Program from which <br /> the payment is to be derived. <br /> b. Payment by the Government. <br /> The Government (FTA) makes all payments by the Automated <br /> Clearing House (ACH) method of payment, regardless of the <br /> money amount involved. <br /> (1) Electronic Clearing House Operation (ECHO) <br /> Payments. If payment is made under the Electronic <br /> Clearinghouse Operation (ECHO) , by means of an ECHO Control <br /> Number (ECN) , the Recipient agrees to comply with the <br /> following ECHO requirements pursuant to U.S. Department of <br /> the Treasury Circular 1075, Part 205, "Withdrawal of Cash <br /> from the Treasury for Advances Under Federal Grants and Other <br />', Programs, " and as established by the "Guidelines for <br /> Disbursements" set forth in the Government (FTA) ECHO System <br />, Operations Manual : <br /> (a) The Recipient may initiate cash drawdowns only <br />' when actually needed for immediate disbureement required for <br /> Project purposes. Unless provided otherwise by Federal <br /> law or regulation, the Recipient agrees to expend all Federal <br /> funds obtained under the Project for Project purposes no <br /> later than three (3) days after receipt of those funds. <br /> Failure to expend those Federal funds within three (3) days <br /> Page 9 <br />