ARM 23.14.311

23.14.304 GENERAL REQUIREMENTS (1) Requests for federal funds made after indebtedness has been incurred by the applicant agency will be denied. (2) Federal funds are not assured until an award letter signed by a representative of the board has been received by the applicant agency. The signed award letter, returned to the board, constitutes a binding contract between the applicant agency and the board, contingent upon availability of federal funds.