New Jersey Administrative Code|Section 9A:13-1.6 - Authorization process

                                                
 § 9A:13-1.6. Authorization process 
 
(a) The Secretary shall establish a review committee comprised of representation from the Office of the Secretary of Higher Education, the New Jersey Educational Facilities Authority, the New Jersey Schools Development Authority, the New Jersey Economic Development Authority, and an external advisor with technical expertise to evaluate project grant applications and make recommendations on funding.
 
(b) The Secretary shall examine the recommendations of the review committee and shall, via a written certification, provide preliminary approval or disapproval of the grant, pursuant to 9A:13-1.5(b) and the amount of the grant.
 
(c) The Secretary shall forward to the Authority a copy of the institution's application and a copy of the written certification of such approval, including the amount of the grant. The Authority shall submit a copy of the proposed agreement in connection with the purchase of technology infrastructure approved by the Secretary to the Legislature Joint Budget Oversight Committee for review. The Legislature Joint Budget Oversight Committee shall approve or disapprove each lease agreement within 10 working days of receipt or the agreement shall be deemed approved by the Legislature Joint Budget Oversight Committee and by the Secretary.
 
(d) Each grant awarded shall be contingent upon the recipient governing board's entering into a contract or contracts to acquire technology infrastructure within one year of the date on which the grant funds are made available. The funds shall be considered available on the date of the Authority's issuance of the corresponding bond or on the date of the Secretary's written certification of the grant, whichever is later.
 
(e) The Authority shall not enter into an agreement with an institution of higher education without the review and approval of the Legislature Joint Budget Oversight Committee.
 
(f) The Authority shall not issue bonds to finance the equipment purchases with terms exceeding the useful life of acquisitions and in no case exceeding 15 years.
 
(g) Each recipient of a grant shall provide such information as the Secretary may request regarding the use of the grant and the progress of the project.
 (Amended by R.2013 d.072, effective May 6, 2013. 
 See: 45 N.J.R. 92(a), 45 N.J.R. 1132(a). 
 Rewrote the section.)