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 Oklahoma Administrative Code (Last Updated: March 11, 2021)
 TITLE 650. Oklahoma Center for the Advancement of Science and Technology
 Chapter 10. Applied Research Program

  SECTION 650:10-1-11. Award provisions  

Latest version.
  • (a)   Funding subject to availability. Funding of applications recommended for approval by the ARC shall be subject to availability of resources and approval of the OSTRaD Board.
    (b)   Matching funds; documentation.
    (1)   Higher education or nonprofit institutions. Documentation, if the proposal is from an institution of higher education or nonprofit research institutions that not less than fifty percent (50%) of the total direct cost of the proposed project will be provided by sources other than OCAST and other than state-appropriated money. Machinery or equipment may be considered as part of the matching funds [74 O.S., Section 5060.19]. If machinery or equipment serves as part of the matching requirement, the applicant organization(s) shall provide documentation as specified in 74 O.S., Section 5060.19.
    (2)   Private enterprises. Documentation, if the proposal is from a private enterprise, that not less than fifty percent (50%) of the total direct cost of the proposed project will be provided by sources other than OCAST and other state-appropriated money [74 O.S., Section 5060.19]. No portion of the matching funds from a private enterprise may be provided by in-kind services performed by the enterprise. [74 O.S., Section 5060.19]
    (3)   Funds from grants or contracts. Funds received from federal or private grants or contracts, to be used as matching funds, shall be allowed throughout the life of the contract.
    (c)   Additional award provisions. Any additional award provisions shall be recommended by the ARC, approved by the OSTRaD Board and announced in the solicitation.
[Source: Amended at 19 Ok Reg 3078, eff 9-9-02 through 7-14-03 (emergency); Amended at 20 Ok Reg 2732, eff 8-11-03]

Note

EDITOR’S NOTE: This emergency action expired before being superseded by a permanent action. Upon expiration of an emergency amendatory action, the last prior permanent text is reinstated. Therefore, on 7-15-03 (after the 7-14-03 expiration of the emergency action), the text of Section 650:10-1-11 reverted back to the permanent text that was effective prior to enactment of the emergency action on 9-9-02, as was last published in the 2001 Edition of the OAC, and remained as such until amended by permanent action on 8-11-03.