329 IAC 8-5-2 Acceptance of the grant

Sec. 2. Upon acceptance of the grant, the following applies: (1) The department shall pay the grantee seventy-five percent (75%) of the grant for the project on acceptance. (2) The remaining twenty-five percent (25%) of the grant shall be paid to the grantee after the grantee submits the following to the department: (A) Final report of the program. (B) Final expenditures have been audited and approved in writing from the department.