The Agency may, by written notice and after consultation with the recipient, terminate the financial assistance award in whole or in part. The following circumstances may be cause for termination of an award:
Upon termination of the assistance award, the recipient shall refund to the State of Illinois Conservation 2000 Project Fund any unexpended assistance award funds, except for funds required by the recipient to pay for allowable costs for materials and equipment furnished, or for services rendered under an enforceable contract, prior to the effective date of the termination. The provisions of the Illinois Grants Recovery Act [30 ILCS 705 ] shall be applicable to the recovery of any award funds that the Agency determines have been misspent or are being improperly held by the award recipient.
Upon termination by the Agency of an assistance award for any of the reasons set out in subsection (a)(3), (a)(4) or (a)(5) of this Section, the Agency may require that the award recipient repay to the State of Illinois Conservation 2000 Fund any financial assistance funds it has already expended.
Ill. Admin. Code tit. 35, § 367.760