HomeMy WebLinkAboutC.054.93011_1011 (2)termination of its contract using this information and that time is of the essence. Updates or changes to the
project schedule must be provided to the Rural Center as they are adopted by the grantee for use in
administering this project. Rural Center reserves the right to reject or ask for further clarification regarding
the timeline and its implementation.
Contract Time Requirements
Rural Center may revoke or revise its approval of funding for the project if work intended is not under
contract within six months after the Rural Center approval date of the project and if not completed within
one year of Rural Center approval. The Rural Center approval date will be incorporated in the contract as
the Commencement Date.
Changes in Project Scope
It is clearly understood that a change in the project scope may not be implemented without prior written
approval from Rural Center and submission to Rural Center of evidence of other funders approval of the
change(s). A change of scope will include any change to the project design, capacity of the system, the
number and/or type of customers served, or equipment items purchased.
Changes in Project Funding
It is further understood that if the grantee receives additional funding for the project after the Rural Center
approval, these funds cannot be used to reduce the amount of local funds pledged or to displace other grant
funds committed to this project; any such action could result in the reduction of the Rural Center Economic
Infrastructure grant by the amount of funds added to the project. If new funds are made available to this
project, the Rural Center must be notified immediately. Likewise, it is understood that the local share, as
pledged to the Rural Center in the original application, will not be diminished in the event of a cost
underrun in the completed project.
Cooperation with Primary Funder and Rural Center
It is understood that the grantee will cooperate with its other funders as identified in the application and
will provide information and reports as prescribed by the funder and will adhere to all applicable
regulatory and/or statutory requirements of the Primary Funder and the State of North Carolina
particularly as they relate to the procurement of goods and services and in the maintenance of proper
accounting records.
Reporting Procedure
Quarterly progress reports will be submitted to Rural Center as set forth in the terms of the contract
document to be executed. The first report will be due 90 days from the date of award. Subsequent
quarterly reports will be required until project completion and close of the contract.
Final Report
A final report is required and will be due upon close of the project. This report will detail the number of
jobs created by the specific project. This report must be submitted and approved by the Rural Center prior
to disbursement of final funds.
D. Resolution for the Establishment of a Policy for Small and Minority Firms (as follows)
Iredell County
Rural Center Economic Infrastructure Grant Application
Pratt Industries Water/Sewer Project
WHEREAS, the North Carolina General Assembly passed House Bill 1352 authorizing the making of grants to aid
eligible units of government in financing the cost of construction of wastewater treatment works, wastewater collection
systems, and water supply systems, that will result in job creation, and
WHEREAS, Iredell County has adopted a Resolution to apply to the North Carolina Rural Economic Development
Center for a grant under the Economic Infrastructure Grants Program; and,
WHEREAS, a Policy for contracting with small and minority funis, women's business enterprises and labor surplus
firms is required for the program.
NOW THEREFORE BE IT RESOLVED, BY THE BOARD OF COMMISSIONERS OF 1REDELL
COLNTY:
That Iredell County resolves to adopt the attached Policy for Contracting with Small and Minority Firms to be used
throughout the implementation of this project.
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