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Title 3 . Commerce, Community, and Economic Development
Chapter 54 . Tourism Grants
Section 60. Grant administration

3 AAC 54.060. Grant administration

(a) At any time during the grant period, the division may require the recipient to file a status report concerning project performance and the expenditure of grant money.

(b) The division may, at any time, audit the recipient's accounting books and records that relate to the grant project.

(c) The division may pay a grant award in a lump sum or in increments during the grant period. The division may make incremental payments contingent upon satisfactory progress on the project through the date of payment.

(d) No later than 90 days after the completion of the project paid by a grant, the recipient shall submit a final report that gives a detailed accounting of the expenditure of grant and matching fund money and includes financial documents that validate these expenditures.

History: Eff. 5/11/90, Register 114

Authority: AS 44.33.119

AS 44.33.120

AS 44.33.135

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Last modified 7/05/2006