Section 3 AAC 196.110 - Acceptance of subgrant offer; subgrant conditions(a) After federal approval under 43 U.S.C. 1356 a(c)(3) and (4) of the state's amended coastal impact assistance plan, after issuance of federal grant awards, and subject to the availability of appropriations, the department will negotiate a subgrant agreement with the recipient. A recipient of a final award determination does not have a vested right or other entitlement to a subgrant until a mutually acceptable definitive written agreement is negotiated and is executed by the department.(b) In a subgrant agreement, the department will incorporate any audit requirements made applicable by 2 AAC 45.010.(c) In a subgrant 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) During the term of a subgrant agreement, the subgrantee shall maintain and provide, at the department's request, all subgrant-related records, reports, invoices, documents, or other information required under the subgrant agreement.(e) The department may withhold payment under the subgrant for the subgrantee's failure to comply with this chapter or the subgrant agreement.Eff. 3/7/2010, Register 193