Current through Vol. 24-24, January 15, 2025
Section R. 400.19501 - Notice of financial awardRule 501.
(1) The bureau shall issue a grant or contract agreement as a 2-party agreement for obligating funds.(2) The grant or contract instrument agreement shall constitute the official document which specifies the terms of the agreement. The grant or contract agreement shall include all of the following:(a) The total financial amount, including both of the following: (i) Funds provided through the bureau as stated in the grant agreement or the "notice of funds available" form.(ii) Funds, or services in place of funds, provided by the grantee or contractor.(b) The conditions of the grant or contract, including all of the following:(i) Beginning and ending dates for which the agreement is to be in effect.(ii) Documentation of services to be provided or objectives to be achieved by the grant or contract.(iii) Special conditions, if any, which may be specified as a part of bureau approval action.(c) Dated signatures of the executive department representative and authorized representative of the grantee or contractor to bind the agreement.Mich. Admin. Code R. 400.19501