Summary of Contract Agreement

This is a contract agreement document written in Hungarian, establishing terms between a primary contractor (Andrea) and a subcontractor (Matthew, identified as an American citizen). The agreement outlines the engagement of the subcontractor to provide services commencing on December 20, 2024, with an expected end date of June 30, 2026. The subcontractor's primary responsibilities include managing the contract's financial aspects, coordinating with relevant entities, and ensuring all services comply with specified requirements and regulations.

The contract specifies a total contract value of 1,140 USD in U.S. Dollars, with payment structured across multiple installments, with the first payment due by January 10. The document requires that expenditure documentation be submitted to the Central Statistical Office by June 30, 2026. The agreement prohibits the contractor from using the funds for certain operational expenses (utilities, energy, construction costs, and administrative overheads), with a maximum allowance of 175 USD for miscellaneous administrative costs. Additional provisions address the contractor's obligation to maintain cost accountability, comply with settlement procedures, and ensure proper financial record-keeping. The document specifies requirements for continuous engagement beginning approximately 12 hours after contract execution, with specific provisions for reporting and cost reconciliation over the two-year contract period. Both parties have signed the agreement, confirming their understanding and acceptance of the stated terms and conditions.