- (a) Funding subject to availability. Funding of applications recommended for approval by the ARC shall be subject to availability of resources and approval of the OSTRaD Board.
(b) Matching funds; documentation.
- (1) Higher education or nonprofit institutions. Documentation, if the proposal is from an institution of higher education or nonprofit research institutions that not less than fifty percent (50%) of the total direct cost of the proposed project will be provided by sources other than OCAST and other than state-appropriated money. Machinery or equipment may be considered as part of the matching funds [74 O.S., Section 5060.19]. If machinery or equipment serves as part of the matching requirement, the applicant organization(s) shall provide documentation as specified in 74 O.S., Section 5060.19.
- (2) Private enterprises. Documentation, if the proposal is from a private enterprise, that not less than fifty percent (50%) of the total direct cost of the proposed project will be provided by sources other than OCAST and other state-appropriated money [74 O.S., Section 5060.19]. No portion of the matching funds from a private enterprise may be provided by in-kind services performed by the enterprise. [74 O.S., Section 5060.19]
- (3) Funds from grants or contracts. Funds received from federal or private grants or contracts, to be used as matching funds, shall be allowed throughout the life of the contract.
- (c) Additional award provisions. Any additional award provisions shall be recommended by the ARC, approved by the OSTRaD Board and announced in the solicitation.
<i><sup>1</sup>This emergency action expired before being superseded by a permanent action. Upon expiration of an emergency amendatory action, the last prior permanent text is reinstated. Therefore, on 7-15-03 (after the 7-14-03 expiration of the emergency action), the text of Section 650:10-1-11 reverted back to the permanent text that was effective prior to enactment of the emergency action on 9-9-02, as was last published in the 2001 Edition of the OAC, and remained as such until amended by permanent action on 8-11-03.</i>
Amended at 19 Ok Reg 3078, eff 9-9-02 through 7-14-03 (emergency)<sup>1</sup>
Amended at 20 Ok Reg 2732, eff 8-11-03