10 AAC 30.050. Grant agreement

(a) Before the department will disburse money under the grant, a grantee must sign an agreement on a form prepared by the department in which the grantee agrees to

(1) spend grant money only for the purposes and for eligible costs specified in the grant application and agreement;

(2) match the grant award with cash or in-kind services, as specified in the grant agreement;

(3) comply with applicable state statutes and regulations with respect to purchasing practices and procedures and the provision of documentation required for disbursement;

(4) provide periodic and final reports as specified in the grant agreement; those reports must include an accounting of grant expenditures;

(5) retain records and on request provide records to the department and allow a department audit of the grant expenditures;

(6) indemnify and hold harmless, consistent with state law, the state and its officers, agents, and employees for any third-party claims arising from the project;

(7) waive, consistent with state law, any claims the grantee may have against the state and its officers, agents, and employees arising from the project; and

(8) comply with AS 37.14.700 - 37.14.740, this chapter, and terms and conditions of the grant agreement.

(b) The department may withdraw a grant offer if the grantee does not sign and return the agreement form within 15 days after receiving it from the department.

(c) The department may suspend or terminate a grant, for failure to comply with the requirements of AS 37.14.700 - 37.14.740, this chapter, or the grant agreement.

History: Eff. 1/18/2004, Register 169

Authority: AS 37.14.730

The Alaska Administrative Code was automatically converted to HTML from a plain text format. Every effort has been made to ensure its accuracy, but neither Touch N' Go Systems nor the Law Offices of James B. Gottstein can be held responsible for any possible errors. This version of the Alaska Administrative Code is current through June, 2006.

If it is critical that the precise terms of the Alaska Administrative Code be known, it is recommended that more formal sources be consulted. Recent editions of the Alaska Administrative Journal may be obtained from the Alaska Lieutenant Governor's Office on the world wide web. If any errors are found, please e-mail Touch N' Go systems at E-mail. We hope you find this information useful. Copyright 2006. Touch N' Go Systems, Inc. All Rights Reserved.