Cost overruns of the school facilities project shall be the sole responsibility of the district. The grant shall in no case exceed the amount of the State share, and the award of the grant shall not commit the Authority or the State to award any continuation or supplemental funds to cover cost overruns of the school facilities project.
N.J. Admin. Code § 19:32-3.2
See: 34 N.J.R. 876(a), 34 N.J.R. 2137(a).
At the end of the paragraph, deleted "There shall be no grant modification increasing the grant amount. Increased costs resulting from changes in the scope of the school facilities project shall be the sole responsibility of the district."
Amended by R.2004 d.411, effective 11/1/2004.
See: 36 N.J.R. 935(a), 36 N.J.R. 4954(a).
Amended by R.2008 d.8, effective 1/7/2008.
See: 39 N.J.R. 2478(a), 40 N.J.R. 199(a).
Substituted "Authority" for "Corporation".