tx-June52026-26: 25 TAC §703.23 (Amendment) — Grants for Cancer Prevention and Research
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The Cancer Prevention & Research Institute of Texas ("CPRIT" or the "Institute") proposes amendments to Title 25, Part 11, Chapter 703, §703.23, concerning Disbursement of Grant Award Funds. BACKGROUND INFORMATION AND JUSTIFICATION CPRIT may withhold the last ten percent (10%) of the total Grant Award funds from a Grant Recipient that receives Grant Award funds via advance payment. Pursuant to §703.23(a), the Grant Recipient must successfully complete all close out reports required by the Institute to receive the withheld funds. This functions to ensure the Grant Recipient's required compliance with all Grant Award close out documents. Grant Recipients under the Product Development Research Program have sought and received advance Grant Award funds. As a result, CPRIT does not disburse the last ten percent (10%) of Grant Award funds for most Product Development Research Grant Recipients until the Grant Recipients have submitted close out documents. Some Product Development Research Grant Recipients that initially received Grant Award funds paid in advance voluntarily elected to receive Grant Award funds via reimbursement-based disbursement during their Grant Contract term. Rule...
The agency’s own summary, as published.
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