Item 48

Authorize the Division of Economic Development to enter into a sole source contract with the Granite State District Export Council, Dover, NH, to provide financial administration, oversight and reporting services in compliance with the State Trade Expansion Program Grant VI, awarded by the US Small Business Administration, in the amount of $252,733. (2)Further authorize to make an initial disbursement in the amount of $30,000 to DEC for the partial payment of the Farnborough Air Show activity and the matching grant program activities in accordance with the terms of the contract. Effective upon G&C approval through September 29, 2018. 100% Federal Funds.