6 Miss. Code. R. 1-18-1.8 - Reimbursement Process
A. MDA will release
RAIL program funds on a reimbursement basis for approved eligible costs of the
project as incurred.
B. The
Applicant shall certify to MDA during construction that the expenses were
incurred and were in accordance with the plans and application approved by
MDA.
C. Funds will be released upon
receipt of the RAIL Program Form of Requisition and supporting documentation
from the Applicant.
D. Funds may
only be drawn down once a month.
E.
Applicants have two (2) years from the date of the Memorandum of Understanding
to request reimbursement for RAIL project costs.
Notes
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