Or. Admin. Code § 104-070-0050 - [Effective until 9/26/2025] Grant Agreements and Conditions
(1) The Authority shall provide a Grant Agreement to each
Recipient. The Grant Agreement shall specify the legal requirements for Grant
Program management, reporting and record keeping as well as the Authority's
monitoring and Grant Program closeout procedures.
(2) The Authority will enter into Grant Agreements with new
Recipients or may amend agreements with prior Recipients if all reporting
obligations under the earlier agreements have been met.
(3) The Authority and the Recipient must execute a Grant
Agreement or amendment prior to any Grant Program funds being disbursed.
(4) If the Grant Agreement or amendment has not been fully
executed by all the parties within 60 days of the Recipient receiving the Grant
Agreement, the Authority may rescind its decision to provide Grant Program
funds to the Recipient. The money allocated to the grant will then be available
for reallocation by the Authority consistent with the application priorities
established by the Grant Selection Committee.
(5) The Authority shall establish Grant Agreement conditions,
which may include a prohibition on any Recipient spending more than 15 percent
of received Grant Program funds on Administrative Costs. Recipients shall
comply with all Grant Agreement conditions. In addition, Recipients shall
comply with all applicable federal, state and local laws and ordinances.
(6) Recipients shall comply with all progress and financial
reporting requirements outlined in the Grant Agreement.
Notes
Statutory/Other Authority: ORS 401.121 & ORS 401.123
Statutes/Other Implemented: ORS 401.121 & ORS 401.123
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