Section 54.209. Disbursement of annual grant.

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The department shall disburse an annual grant pursuant to section 12 of the act and as follows:

(a)     Forty percent of the annual grant amount upon receipt of a signed annual grant agreement.

(b)      Forty-five percent of the annual grant amount upon receipt and approval of a progress report and supporting documentation. The total of the start-up payment and progress payment is limited to 85% of the total annual grant.

(c)     Final payment upon receipt and approval of a completion report and supporting documentation.

History: 1992 AACS; 2013 AACS.

                    
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