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(a) The authority may withhold payment under an authority grant until the grantee provides the information and authorization required by 20 AAC 40.205(c) and any documentation or other confirmation requested by the authority of information and statements submitted by the grantee either in the grant application or otherwise in support of the grant.
(b) With the prior approval of the board, the authority may retain a stated amount from an authority grant to pay the authority's out-of-pocket administrative costs incurred in connection with the grant.
History: Eff. 10/24/2004, Register 172
Authority: AS 37.14.045
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Last modified 7/05/2006