Common use of Grant Opportunity Clause in Contracts

Grant Opportunity. 1. HCBS waiver and OBRA providers who provide Adult Day, Facility Habilitation, and Pre-Vocational Habilitation services and have been forced to close or suspend services as a result of COVID-19 would be able to apply for a monthly grant to help them maintain staff and facilities during the emergency period or until August 31, 2020 to ensure that they are able to ramp services back up once the public emergency is over. The grant amount provided to them would be based on the historical amount of payments they had received for these services with the grant amount being based on 75% of this amount. If the provider is still able to provide some of these service during this time, they will self-attest to what was authorized/billed in these periods as part of the grant application, subject to audit for the period. This amount of payment received will be deducted from this amount. Provider will submit a grant request each month to be eligible for these payments. To be eligible to submit a grant request, the provider must have previously notified BDDS of their closure/suspension per instructions outlined in Guidance for BDDS Providers on Temporary Policy Changes Related to COVID-19 and Appendix K, As of April 3, 2020. The base period for payment calculation will be based on the same period from last year (Apr-Jun 2019). For any new providers since this time frame a modified methodology will be performed. Estimated monthly costs of $5,870,000 (4 month costs $23,480,000) –fiscal based on 60% of providers being in a suspended or closed status Aging

Appears in 5 contracts

Samples: www.in.gov, www.in.gov, www.in.gov

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!