Or. Admin. Code § 274-038-0800 - Disbursement of Grant Funds
(1)
An agreement must be fully executed before funds may be disbursed.
(2) The Department will disburse funds on a
reimbursement basis, after substantiation of allowable costs and
expenses.
(3) The Department will
provide guidelines for proper documentation of allowable costs and
expenses.
(4) 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.
(5) The Department may require recipients to
hold a percentage of their grant award in reserve for a period of time during
the grant period, based on the Department's availability of funding, or other
budgetary factors.
Notes
Statutory/Other Authority: ORS 406.030 & ORS 406.050
Statutes/Other Implemented: ORS 406.142 (2017 HB 2891)
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