2020-893-E Economic Dev - Economic Development Partnership of NC COVID grant

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DocuSign Envelope ID:C80FF651-3BCF-4358-88DA-30DA3334E081 noncompliance by an agency shall be reported to the Office of State Budget and Management to take appropriate action,as set forth in this Rule. (g) The Office of State Budget and Management shall notify the agency of the finding and provide 60 days to take corrective action.After the 60-day period,the Office of State Budget and Management shall conduct a follow-up audit to determine if appropriate corrective action has been taken.If an awarding agency fails to take appropriate corrective action or is repeatedly found to be out of compliance with the requirements of this Subchapter, the Office of State Budget and Management shall notify the head of the agency and the State Auditor of the finding. History Note: Authority G.S. 143C-6-22, 143C-6-23; Eff.July 1, 2005; Readopted Eff July 1, 2016 09 NCAC 03M.0802 RECOVERY OF STATE FUNDS (a) The disbursing agency shall take appropriate administrative action to recover State financial assistance in the event a recipient or subrecipient: (1) Is unable to fulfill the obligations of the contractual agreement. (2) Is unable to accomplish the purposes of the award. (3) Is noncompliant with the reporting requirements. (4) Has inappropriately used State financial assistance. (b) The disbursing agency shall seek the assistance of the Attorney General in the recovery and return of State financial assistance if legal action is required. (c) Any apparent violations of a criminal law or malfeasance,misfeasance,or nonfeasance in connection with the use of State financial assistance shall be reported by the agency to the Office of State Budget and Management, the Attorney General,and the State Bureau of Investigation. History Note: Authority G.S. 143C-6-22; 143C-6-23; Eff.July 1, 2005; Readopted Eff.July 1, 2016