N.H. Admin. Code § Agr 4005.01

Current through Register No. 50, December 12, 2024

Section Agr 4005.01 - Grant Agreement

The grant agreement shall contain the following provisions:

(a) The amount of funds being provided;

(b) A description of the project;

(c) Grantee authorization to allow the department to inspect the capital improvement grant project from the time of the application and throughout all stages of renovation or construction, and implementation to include:

(1) The project and any and all incidental works, areas, facilities, and premises otherwise pertaining to the project for which the grant was made; and

(2) Any and all books, accounts, records, contracts, or other instruments, documents, or other information possessed by the grantee or its contractors, agents, employees, or representatives which relate in any respect to the receipt, deposit, or expenditure of financial assistance;

(d) Proof of 30% of the cost of the project in a separate account or accounting unit;

(e) Agreement by the grantee to file interim reports bi-annually to the department to include:

(1) Photos of the project;

(2) Invoices and proof of payment; and

(3) Additional contracts or changes in the project work plan or budget;

(f) Agreement by the grantee to file a final completion report with the department not more than 2 years from the date of execution of the grant agreement to include:

(1) Certificate of completion;

(2) Invoices and proof of payment; and

(3) Photographs of the completed project;

(g) Agreement of the grantee to hold the capital improvement for a minimum of 15 years;

(h) Agreement by the grantee that the facilities shall be used for the express purpose of the grant;

(i) Attestation by the grantee that in all phases of implementation, the project will be in compliance with all applicable laws, construction standards, and permit requirements; and

(j) Attestation by the grantee that the grant funds received are used in accordance with the grantee's proposal as approved by the commissioner.

N.H. Admin. Code § Agr 4005.01

Derived from Number 50, Filed December 14, 2023, Proposed by #13816, Effective 12/1/2023, Expires 12/1/2033.