Common use of Closeout Certification Clause in Contracts

Closeout Certification. Upon completion of the Participant’s project under the Program, Participant(s) must submit a Compliance Form to NCORR. The Compliance Form will require Participant(s) to certify that the CDBG-DR-assisted property is their primary residence, the property has up to date flood insurance, if applicable and that no additional funds have been received for disaster related activities. In addition, the Participant(s) must submit documentation of ownership, insurance, and DOB from other sources. NCORR will then perform a final DOB check and reconciliation of funding to determine if the Participant(s) are required to repay Program funding prior to closeout. Failure to return the Compliance Form with all required documentation will result in default of the Grant Agreement. NCORR will monitor Participant(s) compliance with the Program. NCORR will be responsible for the collection of all overpayments of Program funding and remittance of overpayments to DOC upon receipt by the Participant(s).

Closeout Certification. Upon completion of the Participant’s project under the Program, Participant(s) must submit a Compliance Form to NCORR. The Compliance Form will require Participant(s) to certify that the CDBG-DR-assisted property is their primary residence, the property has up to date is insured (flood insurance, if applicable applicable), and that no additional funds have been received for disaster related activities. In addition, the Participant(s) must submit documentation of ownership, insurance, and DOB from other sources. NCORR will then perform a final DOB check and reconciliation of funding to determine if the Participant(s) are required to repay Program funding prior to closeout. Failure to return the Compliance Form with all required documentation will result in default of the Grant Agreement. NCORR will monitor Participant(s) compliance with the Program. NCORR will be responsible for the collection of all overpayments of Program funding and remittance of overpayments to DOC upon receipt by the Participant(s).

Closeout Certification. Upon completion of the Participant’s project under the Program, Participant(s) must submit a Compliance Form to NCORR. The Compliance Form will require Participant(s) Participant to certify that the CDBG-DR-assisted property is their primary residence, the property has up to date flood insuranceinsurance (if applicable), if applicable and that no additional funds have been received for disaster related activities. In addition, the Participant(s) must submit documentation of ownership, insurance, and DOB from other sources. NCORR will then perform a final DOB check and reconciliation of funding to determine if the Participant(s) are required to repay Program funding prior to closeout. Failure to return the Compliance Form with all required documentation will result in default of the Grant Agreement. NCORR will monitor Participant(s) compliance with the Program. NCORR will be responsible for the collection of all overpayments of Program funding and remittance of overpayments to DOC NCORR upon receipt by the Participant(s).

Closeout Certification. Upon completion of the Participant’s project under the Program, Participant(s) must submit a Compliance Form to NCORRNCEM. The Compliance Form will require Participant(s) to certify that the CDBG-DR-assisted property is their primary residence, the property has up to date is insured (homeowner and flood insurance, if applicable applicable), and that no additional funds have been received for disaster related activities. In addition, the Participant(s) must submit documentation of ownership, insurance, and DOB from other sources. NCORR NCEM will then perform a final DOB check and reconciliation of funding to determine if the Participant(s) are required to repay Program funding prior to closeout. Failure to return the Compliance Form with all required documentation will result in default of the Grant Agreement. NCORR NCEM will monitor Participant(s) compliance with the Program. NCORR NCEM will be responsible for the collection of all overpayments of Program funding and remittance of overpayments to DOC upon receipt by the Participant(s).