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<br />provisions of this contract, if ATCOG has suspended or terminated this contract for <br />reasons enumerated in this Section 14. <br /> <br />SECTION 15. CHANGES AND AMENDMENTS <br /> <br />A. Except as specifically provided otherwise in this contract, any alterations, <br />additions, or deletions to the terms of this contract shall be by amendment hereto in <br />writing and executed by both parties to this contract. <br /> <br />B. It is understood and agreed by the parties hereto that performances under this <br />contract must be rendered in accordance with the laws and regulations identified <br />herein, the assurances and certifications made to ATCOG by Contractor, and the <br />assurances and certifications made to the United States Department of Housing and <br />Urban Development by,the Contractor with regard to the operation of the Economic <br />Development Infrastructure Grant Program. Bases on these considerations, and in <br />order to ensure the legal and effective performance of this contract by both parties, <br />it is agreed by the parties hereto that the performances under this contract may be <br />amended in the following manner: ATCOG may from time to time during the period <br />of performance of this contract issue policy directives which serve to establish, <br />interpret, or clarify performance requirements under this contract. Such policy <br />directives shall be promulgated by the Executive Director of the ATCOG in the form <br />of Economic Development Infrastructure Grant Program issuances, shall have the <br />effect of qualifying the terms of this contract and shall be finding upon Contractor, <br />as if written herein, and shall not alter the terms of this contract so as to release <br />ATCOG of any obligation specified in Section 4 of this contract to reimburse costs <br />incurred by Contractor prior to the effective date of said amendments or policy <br />directives. <br /> <br />C. Any alterations, additions, or deletions to the terms of this contract which are <br />required by changes in Federal or state law or regulations are automatically <br />incorporated into this contract without written amendment hereto, and shall be come <br />effective on the date designated by such law or regulation. <br /> <br />D. Notwithstanding Subsection A of this Section 16, Contractor may make <br />transfers of funds between or among budget categories of Exhibit B, Budget, without <br />requiring an amendment to this contract, or otherwise requiring A TCOG's prior written <br />approval provided that: <br /> <br />1. The cumulative dollar amount of all transfers among direct budget <br />categories is equal to or less than five percent (5) of the total amount of this <br />contract as specified in Section 4 (C) herein; <br /> <br />2. The transfer will not change the scope or objective of the projects funded <br />under this contract; and <br /> <br />Page 8 <br />