Grant agreements

Grant agreements. (1) The grantee and the department shall develop and approve a grant agreement which shall specify terms for all conditions listed under s. NR 58.06 and all of the following: (a) Cancellation of agreement; (b) Project objectives, methods and budget; (c) Schedule and procedures for payment of grant; (d) Ownership of equipment purchased with grant monies; and (e) Schedule and procedures for interim and final reports. (2) The grantee shall execute and deliver a release, as part of the grant agreement, discharging the state of Wisconsin, its officers, agents and employees from all liabilities, obligations and claims arising out of the project work or under the grant, subject only to any exceptions specified in the release.