Code of Massachusetts Regulations
310 CMR - DEPARTMENT OF ENVIRONMENTAL PROTECTION
Title 310 CMR 40.0000 - Massachusetts Contingency Plan
Subpart N - PUBLIC INVOLVEMENT AND TECHNICAL ASSISTANCE GRANTS
Section 40.1459 - Fiscal Management of Grants

Universal Citation: 310 CMR 40.0000 MA Code of Regs 40.1459

Current through Register 1531, September 27, 2024

(1) The grantee is responsible for complying with 310 CMR 40.1451 through 310 CMR 40.1462 and the terms and conditions contained in the Grant Agreement. This responsibility shall not be delegated, transferred, or assigned by the grantee.

(2) The grantee shall establish for its project a separate account in a bank with insurance coverage by the Federal Deposit Insurance Corporation (FDIC). Project funds and all interest earned on such funds shall be credited to said account and all project payments shall be made from said account.

(3) The grantee shall maintain a financial management system which shall provide for effective control over and accountability for all project funds. Grantees shall safeguard all such funds and ensure that they are used solely as authorized by the Grant Agreement.

Disclaimer: These regulations may not be the most recent version. Massachusetts may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.