- A. The following terms have the meanings indicated.
B. Terms Defined.
- (1) “Contract” means a formal agreement between the Department of the Environment and a provider of services to conduct a program or perform specified services for a consideration.
- (2) “Expenditures” means disbursement of funds to pay vendors and employees for goods or services provided.
- (3) “Grant” means an award of financial assistance to an eligible recipient under programs that provide for this assistance based on review and approval of an application setting forth a proposed activity or program.
- (4) “Grantee” means that institution, public or private agency, corporation, organization, or other legally accountable entity that receives a grant and assumes legal and financial responsibility and accountability both for the awarded funds and for the performance of the grant supported activity.
- (5) “Revenues” mean monies generated by the program, such as client fees, payments by third parties, contributions and interest earned on deposited grant funds.
- (6) “Sub-grantee” means one of two or more entities whose activities, individually and collectively, are intended to fulfill the purpose of the grant program pursuant to an agreement between the sub-grantee and the grantee.
Authority: State Finance and Procurement Article, §7-404, Annotated Code of Maryland
Effective date: August 12, 1985 (12:16 Md. R. 1605)
Chapter recodified from COMAR 10.04.03 to COMAR 26.01.06