3 AAC 148.060. Size and duration of grants

(a) The commissioner will award a grant amount smaller than the amount sought if the commissioner considers a reduced amount necessary to

(1) limit grant amounts to correspond to the overall amount of money available;

(2) increase the amount supplied to the project by the recipient if the commissioner considers the recipient to have additional resources available; or

(3) eliminate money for inefficient or excessive components of the proposed project.

(b) Grant money may not be used to finance expenses incurred more than three years after the date of the award, unless the commissioner finds there is good cause to allow an extension. Anticipated project expenses more than three years after the date of the award may not be used to meet the match requirement under 3 AAC 148.070.

History: Eff. 4/8/2004, Register 170; am 8/11/2004, Register 171

Authority: AS 44.33.020

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