Upon being awarded a SMLPC grant, a binding contract will be executed between the Mississippi Development Authority and the recipient for the specific amount awarded and for the particular activity selected by the applicant.
Construction may not begin prior to an effective grant award date. Any expenses incurred before the effective date of the grant agreement will not be reimbursed by MDA.
All funded projects are required to enter the construction phase within 12 months of the award date. Where construction has not begun within 12 months, the applicant must satisfactorily demonstrate why the project should be kept open or the award may automatically be voided.
Miss. Code. tit. 6, pt. 9, ch. 1, SMALL MUNICIPALITIES AND LIMITED POPULATION COUNTIES GRANT PROGRAM, Award Process