Section 32-9qq-6 - Grant award and agreement(a) Eligible and properly submitted applications shall be reviewed and approved by the commissioner or his designee. Such review shall include consideration of the criteria established pursuant to Section 32-9qq-5 of these Regulations.(b) Upon approval of an application by the commissioner or his designee, an offer of grant funds will be made by the department, subject to the authorization of funds by the State Bond Commission and the execution of a Grant Assistance Agreement between the applicant and the department. Such Grant Assistance Agreement shall set forth the amount of the grant approved, the period of years over which grant funds will be paid, the terms and conditions required by these Regulations and such other terms and conditions considered by the commissioner necessary to carry out the purposes of these Regulations and Section 32-9qq of the Connecticut General Statutes.(c) As a condition of approval of an application, the commissioner may require the applicant to obtain a matching grant, which matching grant may include cash and in-kind contributions. Matching grants shall be in such amounts as the commissioner determines in his discretion and shall be based upon, but not limited to, such factors as the need of the applicant and the level of commitment of such applicant to provide assistance to small businesses and minority business enterprises.
(d) No grant assistance agreement shall exceed five (5) years in duration or five hundred thousand dollars ($500,000) in amount. Grant awards shall be determined on an annual basis in accordance with such assistance agreement, subject to a satisfactory review of past performance as determined by the commissioner.Conn. Agencies Regs. § 32-9qq-6
Effective August 31, 1989