SECTION 650:12-1-11. Award provisions  


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  • (a)   Funding subject to availability. Funding of applications recommended for approval by the PSRC shall be subject to availability of resources and approval of the OSTRaD Board.
    (b)   Oklahoma Plant Science Research Program applied research project matching funds;
    (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)   a description of the potential commercial application of and the industrial sectors that will likely benefit from the applied research project and the potential to enhance employment opportunities in Oklahoma.
    (4)   an itemized research budget, timeline and research methodology.
    (5)   a recommendation from the sponsoring institution of higher education, nonprofit research institution or business enterprise, and
    (6)   other information that may be required by the Board.
    (c)   Oklahoma Plant Science Research basic research projects require no matching funds.
    (d)   Additional award provisions. Any additional award provisions shall be recommended by the PSRC, approved by the OSTRaD Board and announced in the solicitation.
[Source: Added at 24 Ok Reg 429, eff 11-29-06 (emergency); Added at 24 Ok Reg 2661, eff 7-12-07]