N.M. Admin. Code § 20.7.2.201

Current through Register Vol. 35, No. 17, September 10, 2024

Section 20.7.2.201 - ELIGIBLE AND NONELIGIBLE ITEMS

A. Eligible items include the costs of engineering feasibility reports, contracted engineering services, archeological surveys, and contracted construction.

B. The following items are eligible for loan funds only: water rights, land, system acquisition, easements, rights-of-way, legal costs, fiscal agents' fees, and refinancing of program loans.

C. Administrative costs of the local authority are ineligible.

N.M. Admin. Code § 20.7.2.201

20.7.2.201 NMAC - Rp, 20 NMAC 7.2.201, 10/31/2001; A, 10/29/2007