A designated entity becomes a grantee on the effective date of an
executed grant agreement, signed by the authorized official of the
grantee organization and the Grant Officer. The grant agreement
includes a set of certifications and assurances that the grantee will
comply with the terms of the Act, these regulations, and other
appropriate requirements. Funds are released to the grantee upon
Departmental approval of the required planning documents, as described
in Secs. 668.710 through 668.740.