MRA
Maximum Reimbursable Amount
The Maximum Reimbursable Amount, also known as MRA, means the total dollar amount of a contract. This is the most that an agency will be paid for their child services or reimbursable expenses in a given fiscal year.
Note: Changes to the MRA during the fiscal year will require an amendment to the contract.
The MRA is located within the narrative & within the table. In the event the the contract is amended, it will show both the prior encumbrance, amended encumbrance & new maximum reimbursable amount.