Iowa Admin. Code r. 261-106.8

Current through Register Vol. 47, No. 8, October 30, 2024

Rule 261-106.8 - Contract and reporting

(1)Notice of award. Successful applicants will be notified in writing of an award of financial assistance, including any conditions and terms of the approval.

(2)Contract required. The department shall prepare a contract, which includes, but is not limited to, a description of the project to be completed by the community college(s); conditions for disbursement; required reports; and the repayment requirements imposed in the event the community college(s) does not fulfill its obligations described in the contract and other specific repayment provisions ("clawback" provisions) to be established on a project-by-project basis.

(3)Reporting. An applicant shall submit any information requested by the department in sufficient detail to permit the department to prepare the report required pursuant to 2007 Iowa Acts, House File 829, section 10, and any other reports deemed necessary by the department, the board, the general assembly or the governor's office.

Iowa Admin. Code r. 261-106.8