6 Miss. Code. R. 1-18-1.4 - Key Points
RAIL funds may not be used for working capital, for general expenditures, which would normally be covered under an applicant's general operation budget, or for administrative expenses.
A. A limited amount of funds may be used for
engineering/architectural cost. The amount of these professional services will
be limited to an amount not to exceed 10% of the RAIL grant award
amount.
B. The RAIL Program is a
competitive program.
C. All funds
awarded must be spent for improvements within the scope of the original project
description as stated in the grant application.
D. Additionally, if grant recipients complete
their project for less than the grant amount awarded, the excess funds can be
requested for additional project work as long as there is no change from the
scope of the original project.
E.
In no case, however, will an approved applicant be allowed to use excess grant
funds to pay for project costs that vary from the original project
description.
F. All requested
changes and variances from the original application should be made in writing
and will be reviewed by MDA on a case-by-case basis.
Notes
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No prior version found.