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<br />2.03. DISPUTE RESOLUTION. If a contract dispute arises that cannot be resolved to the <br />satisfaction of the parties, either party may notify the other party in writing of the dispute. If the <br />parties are unable to satisfactorily resolve the dispute within fourteen (14) days of the Written <br />notiiication, the GLO may require the issue(s) be mediated. In sUQh event, the GLO shall so notify <br />the Qualified Project Partner and furnish the Qualified Project Partner ,with the names of three <br />mediators acceptable to the GLO. Within ten (10) days of such notice, the Qualified Proj ect Partner <br />shall select a mediator from the list provided by the GLO and notify the GLO. The mediation shall <br />occur within thirty (30) days of such notification. Prior to the mediation, each party will provide the <br />mediator with a statement of issues to be mediated, along with any other information/releases <br />required by the mediator. Cost of the 'mediator shall be borne equally by the parties. Any dispute <br />resolution shall be conducted in accordance with Chapter 2260 of the Texas Government Code <br />01 emon 2001). <br /> <br />ID. FUNDING. <br /> <br />3.01. PARTNER MATCH. (a) The Act requires the Qualified Project Partner to pay at least <br />15% of the shared project costs. In-kind goods or services provided by the Qualified Project <br />Partner after entering into this Agreement may be used to offset the Qualified Project Partner's <br />shared costs for the project provided the Qualified Project Partner presents the GLO with <br />reasonable basis for estimating the monetary value of those goods or services. The decision to <br />allow any in-kind goods or services to offset cost-sharing requirements is in the sole discretion of <br />the GLO. <br /> <br />(b). The parties agree that all expenses associated with the performance of this <br />Agreement will be paid by the parties in accordance with the Budget attached hereto and <br />incorporated herein by reference as Attachment C. in an amount not to exceed the sum of Fifty <br />Thousand and No/IOO Dollars ($50,000.00). In the event the parties agree that additional tasks <br />and/or funds are required, the parties shall execute an amendment to this Agreement. ' The <br />Qualified Project Partner acknowledges that no costs incurred by. the Qualified Project <br />Partner before entering into this Agreement or not in accordance 'with the Budget can be <br />used to offset the cost-sharing requirement. Further, the Qualifie~ Project Partner <br />acknowledges that it may be subject to cost-sharing requirements exceeding the minimum 15% <br />share required by the Act. <br /> <br />b. For an in-kind Partner Match, valuing and accounting determinations should be <br />provided to the GLO within thirty (30) days of execution of this Agreement, and inclll:de a <br />description of the Partner Match, how it is to be provided, and a timeline for providing it over the <br />course of the Agreement. All in-kind Partner Match determinations are subject to the review and <br />approval of the GLO. All in-kind Partner Match requirements must be accounted for before the <br />expiration of this Agreement. Funds equaling to the in-kind match valuation will be retained until <br />the accounting for the match is provided to and approved by the GLO. <br /> <br />c. For a cash Partner Match, the full amount is due within thirty (30) days of the <br />execution of this Agreement. This match contribution should be submitted to the following: <br /> <br />3 <br />