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<br /> }4-SM-O-RDWC 03/2912006 6.28 <br /> ;TPL-5029(015) Page 7 <br /> SPECIAL COVENANTS OR REMARKS <br /> ADMINISTERING AGENCY shall submit a written explanation (with <br /> target billing date and target billing amount) of the absence of <br /> PROJECT activity. <br /> Should ADMINSTERING AGENCY fail to invoice for participating <br /> PROJECT costs incurred (including a written explanation when no <br /> invoice is submitted) within one year of the issuance of the <br /> PROJECT authorization to proceed by STATE or from the next <br /> invoice due date following the last PROJECT invoice, STATE may <br /> de-obligate and reassign to another party any unexpended Federal <br /> funds without notice to ADMINSTERING AGENCY. STATE may also not <br /> process any future request for authorization to proceed submitted <br /> by the ADMI:NSTERING AGENCY. <br /> Final Billing <br /> ADMINISTERING AGENCY agrees that it shall submit the Final <br /> Invoice and Final Detail Estimate within 180 days of PROJECT <br /> completion. ADMINISTERING AGENCYls failure to submit these <br /> documents will result in sanctions imposed upon ADMINISTERING <br /> AGENCY by STATE in accordance with Chapter 17.6, "Consequences <br /> For Non-Compliance II , of the Local Assistance Procedures Manual. <br /> De-obligate Federal Funds for Construction Phase <br /> ADMINISTERING AGENCY agrees that if the estimated PROJECT <br /> construction cost is less than the obligated amount for <br /> construction by more than $50,000, that excess amount of federal <br /> funds initially obligated is Subject to de-Obligation by STATE <br /> once the project has been awarded by ADMINSTERING AGENCY. <br /> 12. The ADMINISTERING AGENCY is required to have an audit in <br /> accordance with the Single Audit Act and OMB A-133 if it receives <br /> a total of $500,000 or more in federal funds in a single fiscal <br /> year. The federal funds received under this project are a part <br /> of the Catalogue of Federal Domestic Assistance (CFDA) 20.205, <br /> Highway Planning << Research. OMB A-133 superceded OMB A-128 in <br /> 1996. A reference to OMB A-128 in a Master Agreement (if any) is <br /> superceded by this covenant to confor.m to OMB A-133. <br /> Program Supplement04-5029-M002- ZSTEA page 5 of 5 <br />