Miss. Code. tit. 11, pt. 6, ch. 5, app 11-6-5-F
All WPCELF loan recipients must maintain project accounts in accordance with generally accepted government accounting standards, as defined by the Guidelines of the Municipal Accounting and Audit Manual, as prescribed by the State Auditor's Office. Charges to the project account must be properly supported, related to allowable construction costs, and documented by appropriate records. These project accounts must be maintained as separate accounts.
The Department and its representatives shall have access to and the right to audit, inspect, copy and examine all books, financial records and other documents relating directly to the receipt and disbursement of WPCELF funds. Failure to cooperate with the Department regarding access to project records or refusal to provide such records when requested by the Department may be considered justification for debarment of the Loan Recipient and/or its Contractor, Engineer, attorney, or other person or company providing any services in conjunction with the project.
Miss. Code. tit. 11, pt. 6, ch. 5, app 11-6-5-F