Iowa Administrative Code
Agency 261 - Economic Development Authority
Part V - Innovation and Commercialization Activities
Chapter 119 - Manufacturing 4.0 Technology Investment Program
Rule 261-119.7 - Contract Administration
Universal Citation: IA Admin Code 261-119.7
Current through Register Vol. 47, No. 6, September 18, 2024
(1) The authority will prepare a contract for each award approved by the board. The contract will reflect the terms of the award and may include other terms and conditions reasonably necessary for implementation of the program pursuant to this chapter.
(2) Any substantive change to a proposed investment shall require an amendment to the contract. Amendments shall be requested in writing. No amendment shall be valid until approved by the board. The authority may execute nonsubstantive or corrective changes to the contract without board approval.
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