For projects that are funded after July 1, 2025, the following shall apply:

1. (a) School building aid shall be provided by the department from funds appropriated by the legislature to eligible school districts in accordance with RSA 198:15-a and Ed 321;
2. (b) School building aid shall be paid for construction as authorized by RSA 198:15-b, II on property owned by a school district or a city in cities with school departments;

3. (c) For public school districts that did not submit a phased project plan in accordance with Ed 321.18(a)(11), the following shall apply:

   1. (1) Upon receipt of a signed GAN, the department shall disburse a sum equal to 80 percent of the maximum building aid award;
   2. (2) Upon receipt and verification of the notice of completion in accordance with Ed 321.27, the department shall disburse the balance of the total grant amount; and
   3. (3) The final building aid grant amount shall be calculated as the building aid rate multiplied by the eligible project costs, or the maximum amount of building aid award calculated in accordance with Ed 321.19, whichever is less;

4. (d) For public school districts that submitted a phased project plan in accordance with Ed 321.18(a)(11), the following shall apply:

   1. (1) Upon receipt of a signed GAN, the department shall disburse a sum equal to 80 percent of the maximum building aid award for the first phase identified in the phased project plan;

   2. (2) The department shall disburse a sum equal to 80 percent of the maximum building aid award for each additional phase, upon receipt of the following:

      1. a. Updated construction plans prepared by a licensed architect and engineer; and
      2. b. A letter from the state fire marshal’s office approving construction;
   3. (3) Upon receipt and verification of the notice of completion in accordance with Ed 321.27, the department shall disburse the final grant amount for each phase, based on the actual costs of the phased portion of the project;
   4. (4) The final building aid grant amount for each phase shall be calculated as the building aid rate multiplied by the eligible project costs, or the maximum amount of building aid award calculated in accordance with Ed 321.19, whichever is less;

   5. (5) After the balance of a phase is disbursed to the school district, any unspent building aid funds for the current project phase shall be allocated in one of the following manners at the discretion of the school district:

      1. a. The district may wait until completion of the project to request any remaining unspent funds; or

      2. b. The district may request the unspent funds be redistributed to the remaining project phases, provided that:

         1. 1. The school district updates the phased project plan; and
         2. 2. The revised estimated budget does not exceed the maximum grant award calculated pursuant to Ed 321.19; and
5. (e) Projects funded in fiscal year 2024 and fiscal year 2025 shall adhere to the building aid payment standards in effect at the time of application.

Source. #8265, eff 1-22-05; ss by #10363, eff 6-15-13; ss by #13054, eff 6-12-20 (formerly Ed 321.27); ss by #14023, eff 7-12-24; ss by #14215, eff 3-14-25