Thursday, September 08, 2011

Panel calls for stricter oversight of grants | The Portland Press Herald / Maine Sunday Telegram

Panel calls for stricter oversight of grants | The Portland Press Herald / Maine Sunday Telegram: AUGUSTA - State agencies should confirm that recipients of public grant money have adequate financial capacity and controls, the Legislature's Government Oversight Committee has concluded.

New legal requirements could help prevent a repeat of problems attributed to the Maine Green Energy Alliance, which won a $3 million federal grant but was terminated for questionable performance last winter after six months and $500,000 in spending.

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