La. Admin. Code tit. 13 § III-523
Current through Register Vol. 50, No. 11, November 20, 2024
Section III-523 - Conditions for Disbursement of FundsA. Grant award funds will be available to each port on a reimbursement basis following submission of required documentation to DED. Only funds spent on the project after the cooperative endeavor agreement (contract) has been agreed upon, signed and executed will be considered eligible for reimbursement.B. Ports will be eligible for reimbursement of approved expenses up to 90 percent of the award amount. After all deliverables are completed according to the terms of the contract, the final 10 percent of the award will be made available for reimbursement.La. Admin. Code tit. 13, § III-523
Promulgated by the Department of Economic Development, Office of the Secretary, LR 25:1414 (August 1999), amended LR 25:1664 (September 1999), LR 26:241 (February 2000).AUTHORITY NOTE: Promulgated in accordance with R.S. 39:112 and Acts 1998, No. 29, Section 1.