[9.23.2] 9.232.Required terms of contract.
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[§ 9.23.2] § 9.232. Required terms of contract.
A contract entered into under section 9.231 [9.23.1] of the Revised Code shall, at a minimum, set forth all of the following:
(A) The minimum percentage of money that is to be expended on the recipient's direct costs;
(B) The records that a recipient must maintain to document direct costs;
(C) If some of the recipient's obligations under the contract involve the performance of any of the types of services described in division (B)(2)(a), (c), or (f) of section 9.231 [9.23.1] of the Revised Code, the name and telephone number of the individual designated by the governmental entity as the contact for obtaining approval of contract amounts for purposes of division (A)(2)(a)(ii) of section 9.235 [9.23.5] of the Revised Code;
(D) The financial review and audit requirements established under section 9.234 [9.23.4] of the Revised Code and by rules of the auditor of state adopted under section 9.238 [9.23.8] of the Revised Code or, with respect to any contract described in division (A)(3) of section 9.231 [9.23.1] of the Revised Code, any financial compliance requirements established for purposes of that contract;
(E) The provisions established by rules of the attorney general adopted under section 9.237 [9.23.7] of the Revised Code;
(F) Permissible dispositions of money received by a recipient in excess of the contract payment earned, if the excess is not to be repaid to the governmental entity.
HISTORY: 151 v H 66, § 101.01, eff. 9-29-05.
See provisions of § 559.03 of 151 v H 66 following RC § 9.23.
The effective date is set by § 612.03 of 151 v H 66.