Servicing RES and EEI grants.

CFR · 2024-01-01 · US · Title 7

The Agency will service RES and EEI grants in accordance with the requirements specified in Departmental Regulations; 7 CFR part 3; 7 CFR 1951 Subparts E and O; the Financial Assistance Agreement; and paragraphs (a) through (k) of this section. (a) (b) (1) (i) Grantees must submit requests for programmatic changes in writing to the Agency for Agency approval. (ii) Failure to obtain prior Agency approval of any such change could result in such remedies as suspension, termination, and recovery of grant funds. (iii) Prior Agency approval is required for all increases in project costs. Prior Agency approval is required for a decrease in project cost only if the decrease would have a negative effect on the long-term viability of the project. A decrease in project cost that does not have a negative impact on long-term viability requires Agency review and approval prior to disbursement of funds. (2) (3) (c) (1) The entity is determined by the Agency to be an eligible entity under this subpart; and (2) The type of RES or EEI technology and the scope of the project for which the Agency funds will be used remain unchanged. (d) (e) (1) (i) Accurate, current, and complete disclosure of the financial results of each grant; (ii) Records that identify adequately the source and application of funds for grant-supporting activities, together with documentation to support the records. Those records must contain information pertaining to grant awards and authorizations, obligations, unobligated

official document · source cfr-2024 · id 7:§ 4280.124