8 Ill. Adm. Code 217.170
Administrative Standards for Grant Recipients
Section 217.170 Administrative Standards for Grant
Recipients
a) The grant shall have a
period of completion as stated in the grant agreement.
b) Grant
funds must be expended or obligated within the period of the grant agreement
and in accordance with the Illinois Grant Funds Recovery Act [30 ILCS 705].
c) Payments
to the recipient pursuant to a grant are subject to the initiation of an
invoice voucher and receipt of an expenditure summary or documentation of
expenses.
d) If
the grant recipient expends funds contrary to the provisions of the grant
agreement, that action shall require the repayment of those funds.
e) Grantee
must submit a quarterly report, as specified in the grant agreement, on the
financial status of the project and provide narrative reports on the activities
and achievement results based on the objectives of the project.