Current through Register Vol. 63, No. 12, December 1, 2024
Section 123-095-0040 - Administration of Awards(1) Upon approval of a grant for a Project, Department will enter into an agreement with the entity responsible for completing the Project. The agreement will, as applicable, include, but is not limited to, the following: (a) A description of the Project; (b) Procedures and conditions for disbursing the grant moneys from the Industry Competitiveness Fund; (c) A requirement that private sector funds used to cover cash expenses for the Project must be at least equal to the amount of the grant from the Industry Competitiveness Fund; (d) A requirement that the grant from the Industry Competitiveness Fund may not exceed 50% of the total cash cost of the Project; (e) A requirement that a sign be conspicuously displayed at the site of the Project or a statement included on written documents produced as a result of the Project which indicates the Project is being funded with Oregon State Lottery Funds, administered by Department; (f) Reporting requirement(s); and (g) Other provisions deemed necessary by Department. (2) Upon approval of using Industry Competitiveness Fund moneys in accordance with 123-095-0020(1)(b), Department will procure the goods and services in accordance with OAR 123 division 6, Procedures for Contracts Entered with the Business Development Department.Or. Admin. Code § 123-095-0040
EDD 4-1992(Temp), f. & cert. ef. 3-18-92; EDD 1-1993, f. & cert. ef. 1-15-93; EDD 1-2000, f. & cert. ef. 1-13-00; OBDD 8-2013(Temp), f. & cert. ef. 10-4-13 thru 4-2-14; OBDD 11-2013, f. 11-26-13, cert. ef. 12-1-13; OBDD 6-2015, f. & cert. ef. 8/4/2015Stat. Auth.: ORS 285A.075
Stats. Implemented: ORS 285B.286 & 285B.290