Or. Admin. Code § 274-038-0800

Current through Register Vol. 63, No. 10, October 1, 2024

Section 274-038-0800 - Disbursement of Grant Funds

(1) An agreement must be fully executed before funds may be disbursed.

(2) The Department will disburse funds on a reimbursement basis, after substantiation of allowable costs and expenses.

(3) The Department will provide guidelines for proper documentation of allowable costs and expenses.

(4) The Department may hold a percentage not to exceed five percent of the total award until all final project reports are submitted to the Department.

(5) The Department may require recipients to hold a percentage of their grant award in reserve for a period of time during the grant period, based on the Department's availability of funding, or other budgetary factors.

Or. Admin. Code § 274-038-0800

DVA 8-2020, temporary adopt filed 07/13/2020, effective 7/14/2020 through 1/8/2021; DVA 1-2021, adopt filed 01/08/2021, effective 1/8/2021

Statutory/Other Authority: ORS 406.030 & ORS 406.050

Statutes/Other Implemented: ORS 406.142 (2017 HB 2891)