The award documentation constitutes obligation of funds for use by the grantee in execution of the program or project covered by the award. Such obligation may be terminated without cause if the grantee's authorized official fails to accept the grant award within 45 calendar days of the date on which the OOG issues the Statement of Grant Award. PSO may extend this deadline upon written request from the applicant. Funds shall not be disbursed until acceptance of the grant by the grantee's authorized official.