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MnDOT Contract No. 1029944 <br /> 5.6. Closeout. The Local Government must liquidate all obligations incurred under this Agreement for each <br /> project and submit all financial, performance, and other reports as required by the terms of this Agreement <br /> and the Federal award, twenty four months prior to the end date of the period of performance for each <br /> project. MnDOT will determine, at its sole discretion, whether a closeout audit is required prior to final <br /> payment approval. If a closeout audit is required, final payment will be held until the audit has been <br /> completed. Monitoring of any capital assets acquired with funds will continue following project closeout. <br /> 6. Conditions of Payment.All services provided by Local Government under this agreement must be performed to <br /> MnDOT's satisfaction, as determined at the sole discretion of MnDOT's Authorized Representative and in <br /> accordance with all applicable federal, state, and local laws, ordinances, rules, and regulations. The Local <br /> Government will not receive payment for work found by MnDOT to be unsatisfactory or performed in violation of <br /> federal, state, or local law. <br /> 7. Authorized Representatives <br /> 7.1. MnDOT's Authorized Representative is: <br /> Name: Mitchell Rasmussen, or his successor. <br /> Title: State Aid Engineer <br /> Phone: 651-366-4831 <br /> Email: Mitch.rasmussen@state.mn.us <br /> MnDOT's Authorized Representative has the responsibility to monitor Local Government's performance and <br /> the authority to accept the services provided under this agreement. If the services are satisfactory, <br /> MnDOT's Authorized Representative will certify acceptance on each invoice submitted for payment. <br /> 7.2. The Local Government's Authorized Representative is: <br /> Name:Justin Femrite or his/her successor. <br /> Title: Elk River City Engineer <br /> Phone: 763-635-1051 <br /> Email:jfemrite@elkrivermn.gov <br /> If the Local Government's Authorized Representative changes at any time during this agreement, the Local <br /> Government will immediately notify MnDOT. <br /> 8. Assignment Amendments,Waiver, and Agreement Complete <br /> 8.1. Assignment. The Local Government may neither assign nor transfer any rights or obligations under this <br /> agreement without the prior written consent of MnDOT and a fully executed Assignment Agreement, <br /> executed and approved by the same parties who executed and approved this agreement, or their successors <br /> in office. <br /> 8.2. Amendments. Any amendments to this agreement must be in writing and will not be effective until it has <br /> been executed and approved by the same parties who executed and approved the original agreement, or <br /> their successors in office. <br /> 8.3. Waiver. If MnDOT fails to enforce any provision of this agreement,that failure does not waive the provision <br /> or MnDOT's right to subsequently enforce it. <br /> 8.4. Agreement Complete. This agreement contains all negotiations and agreements between MnDOT and the <br /> Local Government. No other understanding regarding this agreement,whether written or oral, may be used <br /> to bind either party. <br /> 6 <br />