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<br />COOPERATIVE AGREEMENT NO. ATC01016l <br /> <br />accuracy of contractor and vendor billings; to ensure the <br />cost efficient and timely completion of the project; and <br />to immediately notify ATF, in writing, of any issues or <br />problems, real or anticipated, which might affect the <br />successful completion of the project within the time <br />frame and funding established in the agreement. <br /> <br />(5) It is the responsibility of the LOCAL GOVERNMENT to <br />ensure that Officer's regular and overtime salaries shall <br />not exceed 70% of the total amount obligated under this <br />agreement. <br /> <br />(6) Expenditures for equipment, furniture or other <br />capital assets may be reimbursed, but only if prior <br />written approval for the purchase is obtained from the <br />Government Technical Representative (GTR). "Equipment <br />means an article of non-expendable, tangible personal <br />property having a useful life of more than one year. <br />" Other Capital Assets" means buildings, land, and <br />improvement to buildings or land that materially increase <br />their value or useful life. <br /> <br />Expenditure requests must be submitted in writing to the <br />GTR. The request shall include the item(s) to be <br />purchased, quantity, per item cost, extended cost, useful <br />life and a justification as to why such an expenditure is <br />required and how it benefits the G.R.E.A.T. program. <br />Total of expenditures for equipment, furniture or other <br />capital assets shall not exceed 20% of the total amount <br />obligated under this agreement. <br /> <br />(7) The LOCAL GOVERNMENT shall submit to the GTR a <br />bi-annual report within 45 days of the close of each <br />six month period. This report shall describe the <br />programmatic and financial status of the project. The <br />GTR shall be advised of any significant programmatic or <br />financial adjustments/modifications. A progress report <br />format is provided in Attachment V. <br /> <br />A final agreement report shall be submitted by the LOCAL <br />GOVERNMENT within 90 days after the completion of the <br />Page 5 of 24 <br />