Regulation .08 Grant Agreements.
Regulation .08 Grant Agreements.LinkCopy Citation
A.
To be eligible to receive a grant from the Administration, the applicant shall execute a grant agreement provided by the Administration prior to any distribution of funds.
B.
A grant agreement shall, if applicable:
(1)
Identify each party and any authorized representative;
(2)
Describe the project;
(3)
Specify the value of the grant;
(4)
Specify terms of the grant agreement;
(5)
Set forth each requirement for receiving a grant, including any reporting, invoicing, or project compliance verification requirements;
(6)
Specify each condition under which noncompliance may require repayment of a grant;
(7)
Require certification of the applicant’s good standing with the State;
(8)
Provide the Administration or its designee the right to access the project site for verification or any other relevant purpose;
(9)
Provide the right of the Administration to utilize project information for any relevant purpose; and
(10)
Include any other applicable provision required in a State financial agreement.
C.
A grant agreement may contain any additional provision deemed appropriate by the Administration.
D.
For a rebate, a grant application that meets the requirements set forth in §B of this regulation may serve as the grant agreement.