10A NCAC 10 .0502 APPROVAL
(a) All contracts with private agencies administering the state subsidized child care program shall be approved by the Department prior to their execution.
(b) Each private agency administering the subsidized child care program shall provide to the Department, prior to execution of a contract to administer the program, a complete and detailed copy of its budget, including both income and expenditures. If requested by the Department, the private agency shall demonstrate to the satisfaction of the Department sufficient dependable sources of income to insure its continued operation during the contract period.
History Note: Authority G.S. 143B‑153(2a);
Eff. July 1, 1992;
Amended Eff. April 1, 2001.