8 Ill. Adm. Code 217.120
Grant Agreement
Section 217.120 Grant Agreement
a) When
a grant has been awarded, the grantee and the Department shall execute an
agreement. The grant will be subject to the requirements of the Illinois Grant
Funds Recovery Act [30 ILCS 705]. The project shall not be initiated and costs
shall not be incurred prior to a grant agreement being executed.
b) The
agreement shall meet at least the following requirements:
1) Be
signed by the Department and the representative of the grantee;
2) Specify
that payment will be made on a reimbursable basis, what constitutes permissible
expenditures of the grant funds, and the financial controls applicable to the
grant;
3) Contain
a provision that all funds remaining at the end of the grant agreement or the
expiration of the period of time grant funds are available for expenditures or
obligation by the grantee shall be returned to the Department within 45 days;
4) Contain
a recitation of legal authority pursuant to which the agreement is made;
5) Identify
the project scope and schedule and the work or services to be performed or
conducted by the grantee;
6) Identify
the grant amount;
7) Specify
the conditions, timing, and manner in which the Department shall pay the grant
amount, subject to annual appropriation by the General Assembly;
8) Include
the following irrevocable covenants by the grantee:
A) to
pay the grantee's portion of the total project cost (see Section 217.130);
B) not
to assign or transfer, during the tenure of the grant agreement, any of the
rights, duties or obligations of the grantee, without the written consent of
the Department;
C) that
the grantee shall expend the grant amount only for the purposes of the project
as stated in the grant agreement and approved by the Department;
D) that
the grantee shall refrain from entering into any written or oral agreement or
understanding with any party that might be construed as an obligation of the
State of Illinois or the Department for the payment of any funds under the Act;
9) specify
the starting and termination dates of the agreement; and
10) specify
the dates for submitting progress reports and other requirements.