Common use of Funding and Payment Clause in Contracts

Funding and Payment. A. Funding levels and financial responsibilities for the continuing metropolitan transportation planning process shall be negotiated annually in conjunction with the preparation, review and approval of the Planning Work Program, and shall consider such factors as the availability of federal planning monies and state and local matching funds, statewide allocation formulas developed in cooperation with MPOs, and the relative benefits to participating agencies.

Appears in 4 contracts

Samples: Cooperative Agreement, Cooperative Agreement, Cooperative Agreement

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Funding and Payment. A. Funding levels and financial responsibilities for the continuing metropolitan urban transportation planning process shall be negotiated annually in conjunction with the preparation, review and approval of the Planning Work Program, and shall consider such factors as the availability of federal planning monies and state and local matching funds, statewide allocation formulas developed in cooperation with MPOs, and the relative benefits to participating agencies.

Appears in 2 contracts

Samples: Cooperative Agreement, Cooperative Agreement

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