Rule 15-20-72-5.4.10 - Project Income1. Bid bond forfeitures will have no effect on the determination of allowable and unallowable costs. The Grant recipient shall make the determination of whether or not a bid bond will be forfeited.2. The amount of liquidated damages collected will have no effect on the determination of allowable and unallowable costs, except as described by Rule 5.3.17.4 of these regulations.3. Interest income on ARPA RWAIG Fund payments to Grant recipients will have no effect on the determination of allowable and unallowable costs.4. The Grant recipient shall receive all income generated from use of the project facilities.15 Miss. Code. R. 20-72-5.4.10
House Bill 1421, 2022 Regular Session