- (1) An agreement must be fully executed before funds may be disbursed.
- (2) The Department will disburse funds on a reimbursement basis, after substantiation of allowable costs and expenses.
- (3) The Department will provide guidelines for proper documentation of allowable costs and expenses.
- (4) The Department may hold a percentage not to exceed five percent of the total award until all final project reports are submitted to the Department.
- (5) The Department may require recipients to hold a percentage of their grant award in reserve for a period of time during the grant period, based on the Department’s availability of funding, or other budgetary factors.
Statutory/Other Authority
ORS 406.030 & ORS 406.050
Statutes/Other Implemented
ORS 406.142 (2017 HB 2891)
History
DVA 1-2021, adopt filed 01/08/2021, effective 01/08/2021
DVA 8-2020, temporary adopt filed 07/13/2020, effective 07/14/2020 through 01/08/2021