(a) The issuance of a Notification of Deobligation letter shall be sent to the Grantee by certified mail.
(b) The Notification of Deobligation letter shall include:
  (1) notification of noncompliance;
  (2) the Agency's determination, which may include one or more of the following:
    (A) partial deobligation of funds;
    (B) full deobligation of funds;
    (C) periodic monitoring or site visits; and
    (D) other mitigating actions that may improve a Grantee's performance and rate of expending funds, consistent with timely and full completion of the Grant Agreement.

Source Note: The provisions of this §460.42 adopted to be effective June 8, 2011, 36 TexReg 3508