Section 8 AAC 84.040 - Submission of grant proposalTo be considered for a grant under 8 AAC 84.010 - 8 AAC 84.090, an applicant must
(1) demonstrate to the satisfaction of the department that the applicant's accounting system (A) is able to provide information on grant awards, authorizations, obligations, unobligated balances, assets, liabilities, revenues, and expenses;(B) has effective control and accountability for all grant money, property, and other assets;(C) has the capability to compare planned or budgeted expenditures with actual expenditures; and(D) is able to provide accurate, current, and complete disclosure of the financial results of the grant activities;(2) include in the proposal all information required in the solicitation; and(3) submit the proposal to the department at the address and no later than the date specified in the solicitation.Eff. 12/23/2011, Register 200