La. Admin. Code tit. 70 § IX-509

Current through Register Vol. 50, No. 11, November 20, 2024

Section IX-509 - Payments and Reimbursements

A. The airport sponsor shall submit the request for reimbursement to the DOTD. The request shall only be submitted for work that has been completed and eligible expenses incurred that have been paid in full by the airport sponsor. The request for reimbursement shall not exceed one submittal per month. All payment request amounts shall be submitted to ensure all amounts and information are within the limits of the Airport Construction and Development Priority Program, as approved by the Legislature for the program.

B. The airport sponsor shall maintain invoices and copies of the checks for invoice payments for reimbursement by DOTD. Both the engineer and the airport sponsor shall certify that the completed work shown on each payment request is an accurate representation of the work accomplished during the estimated period and that the work substantially complies with the plans and specifications. All charges shall be subject to verification, adjustment, and/or settlement by DOTD. The airport sponsor shall withhold retainage in accordance with state law (e.g., 10 percent up to $500,000 and 5 percent thereafter).

C. The airport sponsor shall reimburse all amounts cited by DOTD due to the airport sponsor's non-compliance with federal laws, state laws, regulations and policies. The cited amounts reimbursed by the airport sponsor shall be returned to the airport sponsor upon clearance of the citation(s). No new projects will be approved until the cited amount is reimbursed to DOTD, or the citation is cleared.

La. Admin. Code tit. 70, § IX-509

Promulgated by the Department of Transportation and Development, Office of Multimodal Commerce, LR 491431 (8/1/2023).

AUTHORITY NOTE: Promulgated in accordance with SCR 67 (1997) and R.S. 2:6.