N.J. Admin. Code § 8:94-3.12

Current through Register Vol. 56, No. 21, November 4, 2024

Section 8:94-3.12 - Release of funds

(a) The Commission may release funds to a grantee in quarterly installments, or at its discretion, release funds to the grantee in the form of advance payments.

1. The Commission shall make its first payment of grant funds as specified in the Notice of Grant Award.

2. Subsequent payments shall be contingent upon the grantee's submission of properly documented quarterly expenditure reports, and availability of funds.

N.J. Admin. Code § 8:94-3.12