Current through Vol. 42, No. 7, December 16, 2024
Section 150:25-5-1 - ViolationsThe following shall constitute a violation of the Minority Business Development Fund program and procedures:
(1) Provision of false information in the request for proposal process or in projects reports; or(2) Failure to comply with federal or state statutes or the Department of Commerce's rules and regulations; or(3) significant deviation from the grant contract; or(4) Expenditure of funds in an unlawful manner or contractually prohibited manner; or(5) Fraud, waste or mismanagement of any current or prior state or federally funded contract; or(6) Substantial non-compliance or non-conformance with the terms of the contract.Okla. Admin. Code § 150:25-5-1