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the project team, as listed in Exhibit "B", which is a part of this contract without <br /> prior written approval by the LOCAL AGENCY's Contract Manager. <br /> 28. Disadvantaqed Business Enterprise (DBE) Participation. Consultant must give <br /> consideration to DBE firms as specified in 23 CFR 172.5(b), 49 CFR, Part 26, and <br /> Exhibit C, "Notice to Proposers Disadvantaged Business Enterprise Information", <br /> attached hereto and incorporated herein by this reference. In addition, Consultant must <br /> meet the DBE goal by using DBEs as subconsultants or document a good faith effort to <br /> meet the goal. If a DBE subconsultant is unable to perForm, Consultant must a good <br /> faith effort to replace the subconsultant with another DBE subconsultant if the goal is <br /> not otherwise met. <br /> 29. Cost Principles. Consultant agrees that the Contract Cost Principles and <br /> Procedures, 48 CFR, Federal Acquisition Regulations System, Chapter 1, Part 31.000 <br /> et seq., shall be used to determine the allow ability of cost individual items. Consultant <br /> also agrees to comply with federal procedures in accordance with 49 CFR, Part 18, <br /> Uniform Administrative Requirements for Grants and Cooperative Agreements to State <br /> and Local Governments. Any costs for which payment has been made to Consultant <br /> that are determined by subsequent audit to be unallowable under 48 CFR, Federal <br /> Acquisition Regulations System, Chapter 1, Part 31.000 et seq., are subject to <br /> repayment by Consultant to City. <br /> 30. Equipment Purchase. <br /> 30.1. Prior authorization in writing, by City's Contract Manager shall be required <br /> before Consultant enters into any unbudgeted purchase order, or subcontract <br /> exceeding $5,000 for supplies, equipment, or services. Consultant shall provide <br /> an evaluation of the necessity or desirability of incurring such costs. For <br /> purchase of any item, service or consulting work not covered in Consultant's <br /> Cost Proposal and exceeding $5,000, prior authorization by City's Contract <br /> Manager; three competitive quotations must be submitted with the request, or the <br /> absence of bidding must be adequately justified. <br /> 30.2. Any equipment purchased as a result of this Agreement is subject to the <br /> following: "Consultant shall maintain an inventory of all nonexpendable property. <br /> Nonexpendable property is defined as having a useful life of at least two years <br /> and an acquisition cost of $5,000 or more. If the purchased equipment needs <br /> replacement and is sold or traded in, City shall receive a proper refund or credit <br /> at the conclusion of the Agreement, or if the Agreement is terminated, Consultant <br /> may either keep the equipment and credit City in an amount equal to its fair <br /> market value, or sell such equipment at the best price obtainable at a public or <br /> private sale, in accordance with established City procedures; and credit City in an <br /> amount equal to the sales price. If Consultant elects to keep the equipment, fair <br /> market value shall be determined at Consultant's expense, on the basis of a <br /> competent independent appraisal of such equipment. Appraisals shall be <br /> � obtained from an appraiser mutually agreeable to by City and Consultant, if it is <br /> ATTY/AGR/2013.039/FHWA CALTRANS FUNDED PROFESSIONAL AGR WALK BIKE ASSESSMENTS <br /> REV:03-14-13 VR <br /> Page 11 of 30 <br />