Sub_Contracting_and_Payment_Form_.pdf

This is a Sub-Contracting and Payment Form for the City of Tampa's HOME-American Rescue Plan-II affordable housing initiative in Florida. The form establishes the framework for managing subcontractor relationships and payment procedures for developers proposing to supply, develop, operate, and manage affordable rental housing for qualifying populations experiencing homelessness and other HOME-ARP II eligible beneficiaries. The document outlines the contractual obligations, performance requirements, and administrative processes that successful proposers must adhere to throughout the project lifecycle, including acquisition, rehabilitation, and/or construction phases, as well as ongoing operations and management of the rental housing developments.

The form specifies payment terms, subcontracting requirements, and compliance documentation necessary for fund disbursement from the City of Tampa to award recipients. It establishes conditions for below-market interest rate loans provided by the City to support project costs, details the reporting and invoicing procedures contractors must follow, and defines performance standards that subcontractors and prime developers must maintain. The document includes provisions for ensuring accountability of awarded funds, documenting eligible project expenses, and maintaining transparency throughout the contracting and payment process for HOME-ARP II housing developments.