Or. Admin. Code § 340-082-0055 - Advancement of State Grant Funds
Depending on priority ranking as determined by the Department and the current availability of EPA or other federal grant funds, a project may receive a state grant in an amount not to exceed 30 percent of the total eligible project cost under the terms of a separate grant agreement. Grant payments will be advanced during construction, if requested by the agency, in increments of approximately 25 percent of the total eligible grant project costs as the work is completed. Each payment will be based on the consulting engineer's latest cost estimate of the completed work in place, plus materials purchased and delivered at the time the payment request is submitted to the Department, and expenditures for engineering, legal, and fiscal services that have been documented by the agency to date.
Notes
Stat. Auth.:ORS 468
Stats. Implemented:ORS 468.195 -ORS 468.272
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