Texas Administrative Code (Last Updated: March 27,2024) |
TITLE 10. COMMUNITY DEVELOPMENT |
PART 5. OFFICE OF THE GOVERNOR, ECONOMIC DEVELOPMENT AND TOURISM OFFICE |
CHAPTER 190. GOVERNOR'S UNIVERSITY RESEARCH INITIATIVE GRANT PROGRAM |
SUBCHAPTER A. DEFINITIONS AND GENERAL PROVISIONS |
SECTION 190.6. Funding Levels and Withholding of Funds
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(a) The amount of an award is determined solely by the OOG. The OOG is not obligated to fund a grant at the amount requested by the applicant. (b) The OOG may withhold some or all grant funds if the awarded institution fails to meet grant requirements, including, but not limited to, the following: (1) Failure to attain grant-related program or project goals; (2) Failure to adhere to GURI grant agreement requirements or special conditions; (3) Improper expenditure of awarded funds as determined by the OOG; (4) Failure to submit reliable or timely reports, including, but not limited to, financial status reports and progress reports; and/or (5) Failure to achieve timely financial closeout at the end of the project period of any grant. Source Note: The provisions of this §190.6 adopted to be effective February 4, 2016, 41 TexReg 776; amended to be effective July 14, 2022, 47 TexReg 3971