(1) For Focused Investment Partnership Initiatives, a partnership agreement shall be executed between OWEB and Core Partners that shall stipulate the terms of the Initiative.
(2) The agreement shall include at a minimum: points of contact, purpose of initiative, scope of initiative, process for submitting project-level grant applications, review process, funding conditions, roles and responsibilities of signatories, and methodology to address any potential changes in composition of the core partnership.
(3) Only organizations that are signatory to the partnership agreement are eligible to apply for project level grants.