15A NCAC 01T .0306      POST FUNDING AWARD

(a)  If the Division awards a grant from the Coastal Storm Damage Mitigation Fund and the local government accepts the grant award, then a grant contract must be executed prior to any grant funds being dispersed.

(b)  Any changes to the scope of the project or project budget after submission of a grant application will, at minimum, require written approval by the Division and the Division may require a grant contract amendment.

(c)  The term of the grant contract may be extended at the discretion of the Division. A request from a grantee to extend the grant contract shall be submitted at least 45 days prior to the grant contract expiration date and shall include:

(1)           justification for the extension request;

(2)           summary of the current project status; and

(3)           anticipated project schedule moving forward.

(b)  The grantee shall use the funds for only those purposes set forth in G.S. 143-215.73M and shall return unspent grant funds.

History Note:        Authority G.S. 143-215.73M;

Temporary Adoption Eff. February 8, 2023;

Eff. June 1, 2024.