La. Admin. Code tit. 43 § XV-9715

Current through Register Vol. 50, No. 9, September 20, 2024
Section XV-9715 - Grant and Budget Revisions
A. Grant Revisions
1. A grant revision is a written alteration of the terms or conditions of the grant agreement, whether accomplished on the initiative of OSM or the office. All procedures for the grant revisions shall conform to OMB Circular A-102.
2. The office shall promptly notify the director, or the director will promptly notify the office, in writing of events or proposed changes, which may require a grant revision. The office shall notify the director in advance of:
a. planned changes in the scope or objective of any individual project even if the change will not result in a change in the total cost of the project; and
b. planned changes which will result in an extension of the grant period.
3. The director will notify the office of the approval or disapproval of each proposed grant revision within 30 days of receipt thereof.
B. Budget Revisions
1. The office shall obtain the written approval of OSM for budget revisions which will result in an increase or decrease in the total cost of any project of more than $5,000 or 5 percent of the budgeted amount whichever is greater.
2. OSM will either approve or disapprove the budget revision within 15 days of its receipt.
3. Changes of less than $5,000 or 5 percent of the budgeted amount of a project may be made by the office without advance notification or approval of OSM if the change:
a. can be made without exceeding the total amount of the project grant;
b. does not involve a change in the scope or objective of the project involved; and
c. is consistent with the procedures set forth in Office of Management and Budget Circular A-102, Attachment K.

La. Admin. Code tit. 43, § XV-9715

Promulgated by the Department of Natural Resources, Office of Conservation, LR 12:26 (January 1986).
AUTHORITY NOTE: Promulgated in accordance with R.S. 30:905.1-905.5.