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Commerce tightens disclosure, reviews grants after audit questions on related-party reporting
Summary
Commerce says it clarified Development Fund conflict-of-interest forms and will prohibit related-party lending; the agency also described competitive rural grocery and destination-development grants and instituted a longer RFP window for motion-picture grants.
The Department of Commerce responded to audit questions Dec. 9 about disclosures and grant administration connected with the North Dakota Development Fund and other programs.
Commissioner Chris Shilkin told the committee perceived related-party disclosures in the Development Fund audit stemmed from an ambiguous form. "The relationship between this board member and the entities listed on the conflict of interest…
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