Section 154.14-040 - Standardized or regional grant application - Compliance with match agreement - Repercussion of noncompliance(1)(a) To participate in the Government Resources Accelerating Needed Transformation Program of 2024, grant applicants shall submit either a standardized or a regional application to the cabinet for consideration by the commission.(b) The cabinet shall provide a preliminary evaluation of the application within five (5) business days of receipt of the application. As part of the preliminary evaluation, the cabinet shall consider the following:1. Applicant's eligibility when evaluated against the requirements of the federal grant; and2. Application completeness when evaluated against the requirements of the federal grant.(c) The cabinet shall provide a final decision of approval or denial on the application within twenty-one (21) calendar days of receipt of the application.(2) If a grant application is selected as an eligible match recipient approved under this subchapter, it shall comply with any match agreement and reporting requirements deemed necessary by the cabinet to verify that the awarded funds to go toward an eligible use.(3) If the selected match recipient fails to comply with subsection (2) of this section or uses the awarded match money for any purpose other than an eligible use, the selected eligible match recipient shall forfeit and be liable to the cabinet for the full award amount.Added by 2024 Ky. Acts ch. 188,§ 4, eff. 4/12/2024.