Iowa Admin. Code r. 11-48.4 - Prior approval for prepayment of expenses
Any expense not specifically mentioned in rule
11-48.2 (8A) must have prior approval to be paid in advance of receiving the
1. If prepayment is
required in order for the state to receive the good or service .
2. If the department can document that the
state will benefit through reduced rates equal to or greater than the current
general fund earning rate of the state treasurer.
This rule is intended to implement Iowa Code section 8A.514.
Notes
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