Transcription of ANNUAL CONTRIBUTIONS CONTRACT Project …
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ANNUAL CONTRIBUTIONS CONTRACT Project …
UNITED STATES. Department of Housing and Urban Development ANNUAL CONTRIBUTIONS CONTRACT . Project - based section 8 CONTRACT Administration 1 DEFINITIONS. For definitions of terms related to determination of PHA administrative fees, see also of Exhibit A of the ACC. ACC. ANNUAL CONTRIBUTIONS CONTRACT . This CONTRACT between HUD and the PHA. ACCEPTABLE QUALITY LEVEL (AQL). The required performance level for each IBPS task. The AQL for each IBPS task is specified in the performance requirements summary (PRS). ADMINISTRATIVE FEE. The monthly fee HUD pays the PHA for each covered unit under HAP CONTRACT on the first day of the month. The administrative fee (per unit per month) is the total of the basic fee plus the incentive fee. BASIC FEE. The sum of the earned IBPS fees for a covered unit. HUD. pays the basic fee (per unit per month) to the PHA for a covered unit under HAP CONTRACT on the first day of the month during the ACC term.
Annual Contributions Contract: Project-based Section 8 Contract Administration (6/00) Page 2 BUDGET AUTHORITY. The maximum amount of funds available for
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