Compilation of Rules and Regulations of the State of Georgia › Department 110 - RULES OF GEORGIA DEPARTMENT OF COMMUNITY AFFAIRS › Chapter 110-7 - REGIONAL ECONOMIC BUSINESS ASSISTANCE GRANT PROGRAM › Subject 110-7-1 - REGIONAL ECONOMIC BUSINESS ASSISTANCE GRANT PROGRAM DESCRIPTION › Rule 110-7-1-.07 - Statement of Conditions

Current through Rules and Regulations filed through June 27, 2024
In addition to the certifications made on the face of the
				  grant award statement, the recipient further certifies that:
(1) No applicable state laws, rules or
				regulations or applicable local ordinances shall be violated in carrying out
				this project and expending REBA funds.
(2) Recipient's internally adopted
				procurement procedures will be adhered to and proper documentation shall be
				maintained in the program file so as to document such adherence.
(3) Recipient's accounting records shall be
				maintained in a manner consistent with generally accepted government accounting
				standards.
(4) If the Recipient is
				a development authority with powers set forth at Chapter 62 of Title 36 of the
				Official Code of Georgia Annotated, then the project financed in part by REBA
				funds shall only be leased or sold as provided by Section
				36-62-7 of the Official Code of
				Georgia Annotated.
(5) Without
				limitation of any other condition,
no REBA funds
shall be used to
				pay the cost of
entertainment
. Entertainment costs are defined as:
				"Costs if amusements, social activities and incidental costs relating thereto,
				such as meals, beverages, lodgings, rentals, transportation, and gratuities."
				This definition includes meal/beverage expenses incurred for meetings which
				could reasonably have been conducted at a place of business and which did not
				require the provision of a meal.
Please note that expenses for business meetings at which
				  meals/beverages were necessary and reasonable for proper and efficient
				  administration of the project are allowable.
(6) The recipient shall undergo an annual
				financial audit conducted in accordance with Generally Accepted Government
				Auditing Standards established by the comptroller general of the United States.
				A Source and Application of funds schedule and a Project Cost Schedule for all
				REBA funds must be included in the audit report.
(7) Upon request of the Department, the
				Recipient shall submit copies of annual financial audits that cover all or part
				of the award period to the Department. These annual financial audits must be
				conducted in accordance with government auditing standards established by the
				comptroller general of the United States.
(8) Upon approval of the department, up to
				$10,000.00 may be drawn down as soon as the grant award document has been
				properly executed and the authorized signature card has been received by DCA.
				Up to 90% of the total award may be drawndown, on an as needed basis,
				preferably no more often than once a month. The final 10% will only be paid by
				DCA after completion of the project and satisfactory submission of all final
				reports.
(9) No real or apparent
				conflict of interest shall be engaged in by any person or party (or any person
				or party with whom they have family or business ties) who is involved in any
				aspect of the REBA project.
(10)
				Before engaging in any land disturbing activity and before acquiring real
				property, the Recipient must comply with the Environmental Policies Act
				(O.C.G.A. §
									12-16-1
et
				seq.
).
(11) DCA shall have
				access to any pertinent records of the REBA recipient and any subrecipient and
				reserves the right to monitor compliance with all grant conditions and
				requirements. All records pertinent to the REBA program, whether financial or
				programmatic, shall be maintained for three years from the date of formal grant
				close out.
O.C.G.A. Sec.
				  50-8 and Appropriations
				  Act.