Common use of Available Funding Clause in Contracts

Available Funding. The anticipated total amount of state general revenue funding available for this procurement is $10,975,955 per state fiscal year during the grant term. It is HHSC’s intention to make multiple awards through this solicitation to support selected programs. Funds allocated in subsequent grant terms may be more or less than the amount awarded for the initial term. Xxxxx cost reimbursement awards may be used to fund personnel, fringe benefits, staff travel, contractual services, equipment, supplies, other direct costs, and indirect costs per state and federal requirements and in accordance with provisions outlined in this RFA. All proposed costs must be reasonable, allocable, and allowable. Contracts awarded under this RFA and any anticipated renewals are contingent upon the continued availability of funding. HHSC reserves the right to reallocate funds to prevent underutilization in the event HHSC determines in its sole discretion that a Respondent cannot reasonably utilize all funds awarded. This RFA is not limited to this source of funding if other sources of funding become available for these programs. HHSC reserves the right to alter, amend, or withdraw this RFA at any time prior to the execution of a Contract if funds become unavailable through lack of appropriations, budget cuts, transfer of funds between programs or agencies, amendment of the appropriations act, health and human services agency consolidations or any other disruption of current appropriations. Requests for funding may not be fully funded to ensure that funds are available for the broadest possible array of communities and programs.

Appears in 8 contracts

Samples: contracts.hhs.texas.gov, contracts.hhs.texas.gov, contracts.hhs.texas.gov

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