S.D. Admin. R. 12:03:05:21

Current through Register Vol. 51, page 67, December 16, 2024
Section 12:03:05:21 - Retention of allocated funds

Five percent of allocated funds shall be retained by the commission until the project has been completed and all required documentation is on file with the commission. When the documentation provided to the division is complete, the commission shall make final payment of funds designated for the project.

S.D. Admin. R. 12:03:05:21

19 SDR 52, effective 10/15/1992; 21 SDR 90, effective 11/14/1994; 22 SDR 119, effective 3/24/1996.

General Authority: SDCL 38-7-27.

Law Implemented: SDCL 38-7-27.