All funds allocated under § 7.6 of this Part must be obligated forty-eight (48) months after the passage of the bond referendum. All funds authorized but not obligated forty-eight (48) months after the passage of the bond referendum shall revert to the control of the Director for reallocation in accordance with any section of the Bond Authorization.
250 R.I. Code R. 250-RICR-110-00-7.5