Utah Administrative Code
Topic - Governor
Title R357 - Economic Opportunity
Rule R357-11 - Technology Commercialization and Innovation Program (TCIP)
Section R357-11-105 - Required Contract

Universal Citation: UT Admin Code R 357-11-105

Current through Bulletin 2024-06, March 15, 2024

(1) The office reserves the right to award funding for any proposal in full or in part, to request additional information, or to reject proposals.

(2) Upon award of a nonrecourse loan, and prior to disbursement of funds, awardee shall enter into a contract with the office governing the use of funding.

(3) Unless addressed in the terms and conditions of the contract between awardee and the office, the following provisions shall apply:

(a) funding may not be used to provide a primary benefit to any state other than Utah; and

(b) for all other eligibility requirements, awardees must maintain eligibility status until the collaboration is complete, scope of work requirements have been met, final disbursement of funding has been made, and reporting has been completed.

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