Idaho Admin. Code r. 26.01.33.515 - PROJECT MANAGEMENT AND DISBURSEMENT OF FUNDS

01. Authorization. Except as otherwise provided herein, the SLO must authorize disbursement of funds allocated to a project through reimbursement basis. The LWCF program is a reimbursement program, which means that the sponsors initially pay all project costs and then seek reimbursement through the Department(3-18-22)

02. Documentation of Property Purchase. Prior to submitting for property acquisition cost reimbursement, the sponsor must document that all deed, title insurance and appraisal requirements are satisfied. (3-18-22)

03. Reimbursement. The sponsor must request reimbursement on forms provided by the Department and must include all required documentation. The amount of reimbursement must never exceed the cash expended on the project. (3-18-22)

04. Development Project Contract Requirements. Development projects require competitive bidding and must comply with all local, state and federal requirements. (3-18-22)

05. Records. Project records must be maintained by the state and sponsor for three (3) years after final payment. The material must be maintained beyond the required three (3) year period if audit findings have not been resolved. (3-18-22)

Notes

Idaho Admin. Code r. 26.01.33.515