- A. Interim loan disbursements to pay for contracted engineering services and other professional services may be made prior to approval of the plans and specifications by the department.
- B. Interim and final loan and grant disbursements may be made by the department on a monthly basis as work is progressing.
- C. The above loan and grant disbursements shall be made provided the local authority receiving RIA funds has complied with the requirements of these regulations and the department’s administrative procedures.
[20.7.2.203 NMAC - Rp, 20 NMAC 7.2.203, 10/31/2001]