Common use of Project Close-out Clause in Contracts

Project Close-out. a. Acceptance of the completed construction shall be with the concurrence of the Department. Within 30 days of completion of construction or other activities authorized by this agreement, the Recipient shall provide written notification to the Department. The Recipient shall follow and request a final review, in accordance with the procedures in I.M. 6.110, Final Review, Audit, and Close-out Procedures for Federal-aid, Federal- aid Swap, and Farm-to-Market Projects. Failure to comply with the procedures may result in loss of funds and the ability to let future projects through the Department; reimbursed funds shall be returned and a possible suspension may be placed on the Recipient from receiving funds from the Department on future projects until the Recipient has demonstrated responsible management of funds on roadway projects.

Appears in 7 contracts

Samples: Approval of Agreement, www.hardincountyia.gov, www.hardincountyia.gov

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Project Close-out. a. Acceptance of the completed construction shall be with the concurrence of the Department. Within 30 days of completion of construction or other activities authorized by this agreement, the Recipient shall provide written notification to the Department. The Recipient shall follow and request a final review, in accordance with the procedures in I.M. 6.1103.910, Final Review, Audit, and Close-out Procedures for Federal-aid, Federal- aid Swap, and Farm-to-Market Projects. Failure to comply with the procedures may result in loss of funds and the ability to let future projects through the Department; reimbursed funds shall be returned and a possible suspension may be placed on the Recipient from receiving funds from the Department on future projects until the Recipient has demonstrated responsible management of funds on roadway projects.

Appears in 2 contracts

Samples: www.hardincountyia.gov, www.hardincountyia.gov

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Project Close-out. a. Acceptance of the completed construction shall be with the concurrence of the DepartmentDEPARTMENT. Within 30 days of completion of construction or other activities authorized by this agreement, the Recipient RECIPIENT shall provide written notification to the DepartmentDEPARTMENT. The Recipient RECIPIENT shall follow and request a final review, in accordance with the procedures in I.M. 6.110, Final Review, Audit, and Close-out Procedures for Federal-aid, Federal- Federal-aid Swap, and Farm-to-Market Projects. Failure to comply with the procedures may result in loss of funds and the ability to let future projects through the DepartmentDEPARTMENT; reimbursed funds shall be returned returned, and a possible suspension may be placed on the Recipient RECIPIENT from receiving funds from the Department DEPARTMENT on future projects until the Recipient RECIPIENT has demonstrated responsible management of funds on roadway projects.

Appears in 1 contract

Samples: www.marshalltown-ia.gov

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