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Grantee
<br />BSCC xxx-26
<br />Page x of x
<br />EXHIBIT B: BUDGET DETAIL AND PAYMENT PROVISIONS
<br />Rev 04/2020
<br />1. INVOICING AND PAYMENTS
<br />A. The Grantee shall be paid in quarterly in arrears by submitting an invoice (Form 201) to the BSCC
<br />that outlines actual expenditures claimed for the invoicing period.
<br />Quarterly Invoicing Periods: Due no later than:
<br />1. July 1, 2026 to September 30, 2026 November 15, 2026
<br />2. October 1, 2026 to December 31, 2026 February 15, 2027
<br />3. January 1, 2027 to March 31, 2027 May 15, 2027
<br />4. April 1, 2027 to June 30, 2027 August 15, 2027
<br />5. July 1, 2027 to September 30, 2027 November 15, 2027
<br />6. October 1, 2027 to December 31, 2027 February 15, 2028
<br />7. January 1, 2028 to March 31, 2028 May 15, 2028
<br />8. April 1, 2028 to June 30, 2028 August 15, 2028
<br />9. July 1, 2028 to September 30, 2028 November 15, 2028
<br />10. October 1, 2028 to December 31, 2028 February 15, 2029
<br />11. January 1, 2029 to March 31, 2029 May 15, 2029
<br />12. April 1, 2029 to June 30, 2029 August 15, 2029
<br />13. July 1, 2029 to September 30, 2029 November 15, 2029
<br />14. October 1, 2029 to December 31, 2029 February 15, 2030
<br />15. January 1, 2030 to March 31, 2030 May 15, 2030
<br />16. April 1, 2030 to June 30, 2030 August 15, 2030
<br />17. July 1, 2030 to September 30, 2030 November 15, 2030
<br />18. October 1, 2030 to December 31, 2030 February 15, 2030
<br />19. January 1, 2031 to March 31, 2031 May 15, 2031
<br />20. April 1, 2031 to June 30, 2031 August 15, 2031
<br />
<br />Final Invoicing Periods: Due no later than:
<br />21. July 1, 2031 to September 30, 2031 November 15, 2031
<br />22. October 1, 2031 to December 31, 2031 February 29, 2032
<br />*Note: Only expenditures associated with completion of the Final Local Evaluation Report and
<br />the financial audit may be included on these last two invoices.
<br />B. All project expenditures (excluding costs associated with the completion of the Final Local
<br />Evaluation Report and the financial audit) and all obligated match contributions must be incurred
<br />by the end of the grant project period, June 30, 2031, and included on the invoice due August 15,
<br />2031. Project expenditures incurred after June 30, 2031 will not be reimbursed.
<br />C. The Final Local Evaluation Report is due to BSCC by December 31, 2031. Expenditures incurred
<br />for the completion of the Final Local Evaluation Report during the period of July 1, 2031 to
<br />December 31, 2031 must be submitted during the Final Invoicing Period(s), with the final invoice
<br />due on February 29, 2032. Supporting fiscal documentation will be required for all expenditures claimed
<br />on during the Final Invoicing Periods and must be submitted with the final invoice.
<br />D. The financial audit is due to BSCC by December 31, 2031. Expenditures incurred for the
<br />completion of the financial audit during the period of July 1, 2031 to December 31, 2031 must be
<br />submitted during the Final Invoicing Periods, with the final invoice due on February 29, 2032.
<br />Supporting fiscal documentation will be required for all expenditures claimed during the Final
<br />Invoicing Periods and must be submitted with the final invoice. SAMPLE7.C. - Page 87 of 101
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