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(a) Upon issuance of a final award determination under 3 AAC 148.040(g) , the department will negotiate with the recipient to develop a grant agreement. If the recipient does not enter into a grant agreement satisfactory to the department within 30 days after the final award, the award will be considered rejected. A recipient of a final award determination does not have a vested right or other entitlement to a grant until a mutually acceptable definitive written agreement is negotiated and is executed by the department.
(b) In a grant agreement, the department will incorporate any audit requirements made applicable by 2 AAC 45.010.
(c) In a grant agreement, the department may require applicants to procure, maintain, and demonstrate liability, hazard, or workers' compensation insurance, may designate required policy limits, and may provide that the state will be an additional insured under a policy.
(d) Grant agreements with tribal councils must include a valid waiver of sovereign immunity in a form approved by the Department of Law, commensurate with the scope of the project to be financed.
(e) Grant agreements with municipalities, corporations, regional development organizations designated under 3 AAC 57, or tribal councils must be accompanied by a resolution sufficient to bind the applicant to the terms of the agreement.
History: Eff. 4/8/2004, Register 170; am 8/11/2004, Register 171
Authority: AS 44.33.020
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Last modified 7/05/2006