(1) The committee adopts and incorporates by reference the Montana Workforce Training Grant (WTG) Program Application Guidelines dated 2005 published by it as rules governing the submission and review of applications under the program. A copy of the guidelines may be obtained from the Department of Commerce, P.O. Box 200505, Helena, MT 59620-0505 and on the department's website at http://commerce.mt.gov/indexBRD.asp or at mtfinanceonline.com.
(2) The rules incorporated by reference in (1) relate to the following:
(a) determining preliminary eligibility;
(b) requirements for marking submitted materials as confidential and for protecting such information;
(c) submission of a formal grant application and required business plan and hiring and training information;
(d) contract required prior to grant award;
(e) timing of grant award relative to employee hiring; and
(f) periodic audit and review requirements.
(3) Prior to a grant being awarded, the company receiving the grant will be required to enter into a contract with the department. The contract will, at a minimum, specify the following:
(a) projected increase in number of employees at the expansion site and for any other operations within the state of Montana. Employee information provided in the grant application must include projections for:
(i) number of new positions – including estimated hours worked per week;
(ii) salary or wage per hour for each employee by year;
(iii) estimate of pre-expansion and post-expansion annual payroll; and
(iv) timetable for phase-in of new employees;
(b) description and monetary value of employee benefits for each position;
(c) schedule for completion of worker training and costs associated with that training;
(d) description and amount of required match funds to be provided by the company ($1 for every $3 of grant) ;
(e) certification that the amount of the grant already expended will be reimbursed in the event that the primary sector business ceases operation in the state of Montana within the grant contract period; and
(f) a requirement for reporting to the department, with each request for funds and bi-annually, the current number of jobs and wage levels for the company's Montana operations.