Or. Admin. R. 274-037-0470 - Disbursement of Grant Funds
(1) The
Department shall not distribute grant funds until a grant agreement is fully
executed.
(2) The Department shall
reimburse funds upon receipt and proper documentation as determined by the
Department of request for reimbursements.
(3) Applicants may seek, at the Department's
discretion, reimbursement for expenses incurred after award notification but
prior to the execution of the grant agreement
(4) Notwithstanding subsection (1) of this
section, the Department may authorize a one-time pre-expense disbursement for
program expenses identified in the proposal
(5) The Department may hold a percentage not
to exceed five percent of the total award until all final project reports are
submitted to the Department.
(6)
All grant awards and subsequent disbursements are subject to availability of
funding from the funding source.
Notes
Statutory/Other Authority: ORS 406.005(4) & SB 35 (chapter 731 Oregon Laws 2019)
Statutes/Other Implemented: ORS 406.530
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