Payment of State funds shall be made at intervals as work progresses and expenses are incurred, but in no event shall payment exceed eight percent of the eligible costs which have been incurred to that time. Each payment shall be approved by the Department prior to disbursement to the recipient.
N.J. Admin. Code § 7:22-2.21
See: 23 New Jersey Register 3282(a), 24 New Jersey Register 246(a).
Deleted signature of Commissioner.