Each nonprofit corporation receiving funds from the OOG must obtain and have on file a blanket fidelity bond that indemnifies the OOG against the loss and theft of the entire amount of grant funds. The cost of the bond is an eligible expense of the grant.
1 Texas Administrative Code § 3.2517 – Remedies for Noncompliance If a grantee fails to comply with any term or condition of a grant or any applicable statutes, rules,
1 Texas Administrative Code § 3.2513 – Grant Adjustments (a) The project director, financial officer, or authorized official may submit requests for grant adjustments. (b) Adjustments consisting of increases
1 Texas Administrative Code § 3.2509 – Equipment Inventory Reports Grantees must maintain on file a current inventory report of all equipment purchased with grant funds during the grant period. This report must reconcile with the approved
1 Texas Administrative Code § 3.2507 – Financial Status Reports (a) Each grantee must submit financial status reports to PSO in the PSO-prescribed format no later than the designated
