060-40 Wyo. Code R. §§ 40-12 - Fund Disbursement and Administration

(a) Fund Disbursement. Funds shall be disbursed to the applicant only as needed to discharge obligations incurred in accordance with the Board approved project costs. Requests for disbursements shall be made on a form supplied by the Office and supported by adequate proof that such obligations have been incurred for project purposes and are due and owing. From the time the project commences to the completion of the project, requests shall be submitted for reimbursement no more frequently than once a month and not less than quarterly.

(b) Fund Reversion. Any grant funds that have not been obligated by October 1, 2024 shall be deemed rejected by the recipient and shall revert to the Office. All requests for reimbursement for eligible expenses must be received by the Office no later than October 1, 2026. Any unused portions of the grants awarded pursuant to this Chapter shall revert to the US Department of the Treasury on December 31, 2026 whether or not the project is completed and all eligible expenses have been requested for reimbursement.

Notes

060-40 Wyo. Code R. §§ 40-12

Amended, Eff. 12/8/2022.