Common use of Funding and Payment Clause in Contracts

Funding and Payment. 3.1 The total cost for the PROJECT is estimated to be $ . ODOT shall provide to the GRANTEE 100-percent of the eligible costs, up to a maximum of $ in Federal funds. This maximum amount reflects the funding limit for the PROJECT set by the applicable Program Manager.

Funding and Payment. 3.1 The total cost for the PROJECT is estimated to be $ $100,000 as set forth in Attachment 1. ODOT shall provide to the GRANTEE 100-LPA 100 percent of the eligible costs construction costs, up to a maximum of $ $100,000 in Federal funds. This maximum amount reflects the funding limit for the PROJECT set by the applicable Program Manager. Unless otherwise provided, funds provided by ODOT shall be applied only to the eligible costs associated with development of the PROJECT.

Funding and Payment. 3.1 The total cost for the PROJECT is estimated to be $ 1,425,600.00 as set forth in Attachment 1. ODOT shall provide to the GRANTEE 100-LPA 80 percent of the eligible costs, up to a maximum of $ 1,056,000.00 in Federal funds. This maximum amount reflects the funding limit for the PROJECT set by the applicable Program Manager. Unless otherwise provided, funds through ODOT shall be applied only to the eligible costs associated with the actual construction of the transportation project improvements.

Funding and Payment. 3.1 The total cost for the PROJECT is estimated to be $ . ODOT shall provide to the GRANTEE SUBRECIPIENT 100-percent of the eligible costs, up to a maximum of $ in Federal funds. This maximum amount reflects the funding limit for the PROJECT set by the applicable Program Manager.

Funding and Payment. 3.1 The total cost for the PROJECT is estimated to be $ 20,000.00. ODOT shall provide to the GRANTEE SUBRECIPIENT 100-percent of the eligible costs, up to a maximum of $ 20,000.00 in Federal funds. This maximum amount reflects the funding limit for the PROJECT set by the applicable Program Manager.