SECTION 150:40-1-6. Contractor responsibilities

  Applicants receiving grant approval and a contract with the Oklahoma Department of Commerce shall be responsible for, but not limited to, the following:

(1)   Conducting programs and projects in compliance with local safety, sanitation and building codes;

(2)   Submitting reports on actual or accrued expenditures and project progress reports as required;

(3)   Developing and submitting program plans and reports to assist the monitoring of program accomplishments;

(4)   Conducting an orderly and timely close-out of contracts with the Department; and

(5)   Using a financial management system for management of private and public funds which ensures compliance with generally accepted accounting principles.

[Source: Added at 10 Ok Reg 737, eff 1-6-93 (emergency); Added at 10 Ok Reg 3557, eff 7-15-93]