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It specifies an anticipated grant amount of up to $3,250,000 to partially fund renovations, workforce training programs, compliance, supplies, fee waivers, recruiting, and equipment/furniture supporting industry-recognized certifications. The sheet details competitive bidding, consultant negotiation compliance, SmartSheet submission and approval timelines, revised-plan resubmissions, conditions for deemed approval, and funding request requirements by budget category including supporting documentation. It also addresses negotiation termination rights and ownership of grant-funded equipment and improvements.",{"@graph":63,"@context":119},[64,80,102],{"@type":65,"itemListElement":66},"BreadcrumbList",[67,71,74,77],{"item":68,"name":69,"@type":70,"position":9},"https://docshare.wps.com","Home","ListItem",{"item":72,"name":10,"@type":70,"position":73},"https://docshare.wps.com/template/",2,{"item":75,"name":41,"@type":70,"position":76},"https://docshare.wps.com/template/letters/",3,{"item":78,"name":59,"@type":70,"position":79},"https://docshare.wps.com/template/term-sheet-for-grant-award-agreement-project-353-grant-amount-and-project-funding-terms/199983/",4,{"url":78,"name":59,"@type":81,"image":82,"author":87,"headline":59,"publisher":90,"fileFormat":93,"inLanguage":57,"description":61,"dateModified":94,"datePublished":95,"encodingFormat":93,"isAccessibleForFree":96,"interactionStatistic":97},"DigitalDocument",{"url":83,"@type":84,"width":85,"height":86},"https://docshare.wps.com/thumbnails/term-sheet-for-grant-award-agreement-project-353-grant-amount-and-project-funding-terms/199983.png","ImageObject",442,249,{"name":88,"@type":89},"Jake","Person",{"url":68,"name":91,"@type":92},"DocShare","Organization","application/pdf","2026-10-07","2026-09-04",true,{"@type":98,"interactionType":99,"userInteractionCount":101},"InteractionCounter",{"@type":100},"ViewAction",8,{"@type":103,"mainEntity":104},"FAQPage",[105,111,115],{"name":106,"@type":107,"acceptedAnswer":108},"Is this term sheet a binding grant agreement?","Question",{"text":109,"@type":110},"No. The term sheet is for discussion and negotiation only and does not create binding obligations until a definitive grant award agreement is executed by both parties and approved by the relevant boards.","Answer",{"name":112,"@type":107,"acceptedAnswer":113},"What is the proposed grant amount for Project 353?",{"text":114,"@type":110},"The proposed grant amount is up to $3,250,000, used as partial funding toward the project’s specified activities and needs.",{"name":116,"@type":107,"acceptedAnswer":117},"How does the document handle approval of plans and specifications?",{"text":118,"@type":110},"The grantee must upload plans and specifications to SmartSheet for review and approval. Triumph has 15 days to approve or disapprove; if disapproved, the grantee has 10 days to revise and resubmit. Triumph has another 15 days for revised plans, and failure to approve or disapprove within that period results in deemed approval.","https://schema.org",{"og:url":78,"og:type":121,"og:title":59,"og:site_name":91,"og:description":61},"article",{"robots":123,"canonical":78},"index,follow",{"doc_id":125,"site_id":56},199983,1788507552,{"code":4,"msg":5,"data":128},{"doc_id":125,"user_id":129,"nickname":88,"user_avatar":130,"doc_module":9,"category_id":40,"category_name":41,"doc_title":59,"doc_description":61,"doc_content":131,"file_id":132,"file_url":133,"file_type":134,"file_size":135,"view_count":101,"is_deleted":4,"is_public":9,"is_downloadable":9,"audit_status":9,"page_count":15,"language":136,"language_code":57,"site_id":56,"html_lang":57,"table_of_contents":137,"faqs":138,"seo_title":139,"seo_description":61,"update_tm":126,"read_time":79},962084928904,"https://ap-avatar.wpscdn.com/davatar_155a257f0dc6eb9ab79c44ca47cae57d","TERM SHEET FOR  \nGRANT AWARD AGREEMENT BETWEEN  \nTRIUMPH GULF COAST, INC.  \nAND  \nPENSACOLA STATE COLLEGE, WORKFORCE DEVELOPMENT  \nTRAINING CENTER  \n(Project \\#353)  \nThis Term Sheet summarizes the basic terms upon which Triumph Gulf Coast, Inc. (“Triumph”) is considering awarding a grant to Pensacola State College (“Grantee”) under the Triumph Gulf Coast Trust Fund. This Term Sheet is intended for discussion and negotiation purposes only and (a) does not constitute a grant, or an approval of a grant, by Triumph to Grantee, and (b) does not create any binding obligations on Triumph or Grantee with respect to (i) any grant,(ii) any approval of a grant, or (iii) engaging in any further discussions or negotiations with respect to a grant. Any binding agreement between Triumph and Grantee with respect to any grant must be contained ina definitive grant award agreement (the “Agreement”), approved by Grantee and the Board of Directors of Triumph, and executed by Triumph and Grantee. At any time prior to such execution of the Agreement, either Triumph or Grantee may terminate negotiations, and upon such termination, neither party shall have any liabilities or obligations to the other.  \nGRANT AMOUNT: Up to $3,250,000  \nPURPOSE: To provide partial funding for the following project (the “Project”): (i)  \nrenovations to Building 21 at Grantee’s main campus in Escambia County, Florida, to support the creation of non-credit and credit workforce training programs that will allow it to deliver at least 970 net new (i.e., above existing certificate issuance rates) industry-recognized certifications to (a) non-military students who are residents of one of the eight disproportionately affected counties under Section 288.8012(3), Florida Statutes (Bay, Escambia, Franklin, Gulf, Okaloosa, Santa Rosa, Walton, and Wakulla) (the “Affected Counties”), or (b) military, military spouse, and/or military dependent students who are stationed in one of the eight Affected Counties (“Net New Certificates”), (ii) compliance, (iii) supplies, fee waivers, and recruiting, and (iv) equipment/furniture, all as further described in Grantee ’s Application for Funds submitted to Triumph (the “Grant Application”) .  \nCOMPETITIVE  \nBIDS: For contracts and/or purchases exceeding $325,000, Grantee shall obtain  \ncompetitive bids when required under the applicable laws, statutes, ordinances, rules and regulations when purchasing services or commodities, or contracting for construction or renovations to public property, and Grantee shall upload a copy of the applicable standards or procedures to Triumph ’s SmartSheet system and submit for Triumph  \nreview. When awarding contracts according to the applicable laws, statutes, ordinances, rules and regulations, Grantee shall award the contract to the lowest cost qualified responsive bidder considering the selection criteria contained within the solicitation.  \nPLANS AND  \nSPECIFICATIONS: Grantee shall upload to SmartSheet for Triumph ’s review and approval of  \nthe plans and specifications for the construction and any proposed changes to said plans and specifications $65,000 or greater. Triumph shall have fifteen (15) days from receipt of the plans and specifications or proposed change to notify Grantee of its approval or disapproval. Upon any disapproval, Grantee shall have ten (10) days to revise plans and specifications or proposed change (“Revised Plans”) for resubmission for approval or disapproval by Triumph. Triumph shall have fifteen (15) days from receipt of the Revised Plans and specifications or proposed change to notify Grantee of its approval or disapproval of Revised Plans. If Triumph fails to approve or disapprove of the plans and specifications or proposed change within such fifteen (15) day period, the plans and specifications or proposed change shall be deemed approved. If Grantee fails to upload and notify Triumph, that failure shall be sufficient cause for nonpayment by Triumph.  \nCOMPLIANCE WITH CONSULTAN","cbCaiq55p9Jn4hUL","https://ap.wps.com/l/cbCaiq55p9Jn4hUL","pdf",219769,"English","# Grant award agreement scope\n# Grant amount and project purpose\n# Competitive bids and planning approvals\n# Compliance with consultant negotiation act\n# Ownership, funding structure, and request process","[{\"question\":\"Is this term sheet a binding grant agreement?\",\"answer\":\"No. The term sheet is for discussion and negotiation only and does not create binding obligations until a definitive grant award agreement is executed by both parties and approved by the relevant boards.\"},{\"question\":\"What is the proposed grant amount for Project 353?\",\"answer\":\"The proposed grant amount is up to $3,250,000, used as partial funding toward the project’s specified activities and needs.\"},{\"question\":\"How does the document handle approval of plans and specifications?\",\"answer\":\"The grantee must upload plans and specifications to SmartSheet for review and approval. Triumph has 15 days to approve or disapprove; if disapproved, the grantee has 10 days to revise and resubmit. Triumph has another 15 days for revised plans, and failure to approve or disapprove within that period results in deemed approval.\"}]","Term Sheet for Grant Award Agreement - Project 353 - Grant Amount and Project Funding Terms | PDF"]