10 CCR s 5430

Cal. Admin. Code tit. 10, s 5430

CALIFORNIA CODE OF REGULATIONS
TITLE 10. INVESTMENT
CHAPTER 7.7. DEPARTMENT OF COMMERCE: COMPETITIVE TECHNOLOGY PROGRAM
ARTICLE 3. GRANTS
This database is current through 01/05/07, Register 2007, No. 1.
s 5430. Multiyear Grants.

(a) Not less than ninety (90) nor more than one hundred and twenty (120)
days prior to the anniversary date of a multiyear grant, the grantee shall
provide to the agency a written report on the status of the project. Such
report shall include:

(1) a discussion of how the project has met the scientific and
technological goals stated in the application;

(2) a discussion of how the project has met each of the program
goals set forth in Sections 5417 to 5422; and

(3) a financial statement detailing the expenditure of grant funds
for project costs.

(b) The secretary shall be authorized but not required to forward such
reports to the agency staff and other persons designated by the secretary
for recommendations regarding continued funding.

(c) A decision regarding continued grant funding shall be based on the
availability of funds, submission of the report required by this section
and substantial compliance by the grantee during the preceding year with
the terms and conditions of the grant agreement.

(d) Within forty-five (45) days of receipt of the report required by this
section, the secretary shall notify the grantee in writing whether or not
funding, if and when available, shall be continued for the next year.

Note: Authority cited: Section 15379.9, Government Code.
Reference: Sections 15333.5 and 15379.3, Government Code.

HISTORY

1. Repealer by operation of Government Code section 11346.1(g) and new
section filed 8-20-89; operative 8-20-89 (Register 89, No. 31). For prior
history, see Register 89, No. 2.

2. Change without regulatory effect amending subsections (a), (b) and (d)
filed 2-7-94 pursuant to
title 1, section 100, California Code ofRegulations (Register 94, No. 6).

10 CCR s 5430, 10 CA ADC s 5430
1CAC

10 CA ADC s 5430

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