Current through Register Vol. 57, No. 1, January 6, 2025
Section 16:56-5.1 - Agreement(a) Upon the review and approval of a written acceptance, the Office will prepare an agreement and transmit the agreement to the grant or loan recipient. The agreement may contain such terms and conditions as deemed necessary to protect the public interest.(b) The recipient shall sign the agreement document, have it witnessed, and then return it to the Office within 45 days for full execution, along with any or all of the following, as required by the Office: 1. A detailed package containing the Plans, Specifications and Estimate (PS&E) prepared, signed, and sealed by a professional engineer licensed in the State of New Jersey;2. A detailed Critical Path Method project delivery schedule;3. A Quality Assurance Certification signed by a professional engineer licensed in the State of New Jersey, stating that the project was designed an accordance with all applicable Federal, State, local, and industry design standards and criteria and that the certified estimate is within 10 percent of the original estimate used for the selection of the project; and4. Any additional items required by the Office that are necessary for the execution of the agreement.(c) The Department shall issue a written Notice to Proceed to the grant or loan recipient once the grant or loan agreement is executed, the recipient's Critical Path Method project delivery schedule is received and the project's PS&E package is approved by the Department.(d) Reimbursable costs can be incurred only on or after the date cited in the written Notice to Proceed issued by the Department to the grant or loan recipient.(e) A grant or loan recipient shall be responsible for the delivery of the project pursuant to the terms of the agreement within the approved budget and on schedule.(f) If project or program costs exceed the amount of the State's share of a grant or loan, the grant or loan recipient will be responsible for any additional costs, unless a modification to the agreement is approved by the Department, thereby increasing the amount of the grant or loan. Any costs incurred by the recipient that exceed the amount of the State's share of a grant or loan prior to modification of the agreement shall not be eligible for reimbursement.N.J. Admin. Code § 16:56-5.1
Recodified from N.J.A.C. 16:56-4.1 and amended by R.2014 d.055, effective 4/7/2014.
See: 45 N.J.R. 2191(a), 46 N.J.R. 638(a).
Rewrote the section. Former N.J.A.C. 16:56-5.1, Audit requirements, recodified to N.J.A.C. 16:56-7.1.Amended by 53 N.J.R. 1146(c), effective 7/6/2021