2 Colo. Code Regs. § 601-21-4.00
Current through Register Vol. 47, No. 11, June 10, 2024
Section 2 CCR 601-21-4.00 - Fiscal and Accounting Requirements4.01 Reimbursement to entities shall be made on a quarterly basis for costs incurred as specified in the agreement between the OTS and the entity.4.02 The entities must present itemized accountings to the OTS with billings and other records and receipts as required to support each item claimed. The OTS shall provide reimbursement forms on request.4.03 Capital equipment purchased with funds from the LEAF must be used for LEAF purposes throughout the useful life of the equipment and maintained in accordance with the rules and guidelines established and approved by the Colorado Department of Transportation. If the equipment is used for other purposes, the value of the equipment at that time it is no longer used for its intended purpose shall be repaid to the LEAF.