North Dakota Administrative Code
Title 43 - Industrial Commission
Article 43-03 - Contracts for Land Reclamation Research and Research, Development, and Marketing of Lignite Products Derived From Lignite
Chapter 43-03-03 - Maximum Grant Amount and Matching Fund Requirement
Section 43-03-03-02 - Matching funds

Current through Supplement No. 392, April, 2024

A grant may not exceed fifty percent of the total project cost. Documentation demonstrating the matching funds, including letters of commitment from other funding sources, must be submitted to the commission within sixty days of the approval of an application by the commission, or within any additional time granted by the commission. The commission's approval is contingent upon receiving this documentation. If it is not received, the approval lapses and no grant may be made. Indirect costs (contributed equipment, materials, or services) may be used by any applicant to supply the required funding match or contribution.

General Authority: NDCC 57-61-01.5

Law Implemented: NDCC 54-17.5-03, 54-17.5-04, 57-61-01.5

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