060-34 Wyo. Code R. § 34-9

Current through April 27, 2019
Section 34-9 - Disbursement of Loan Proceeds

(a) Requests for reimbursement shall be submitted on a Loan Draft Request form provided by the Office. Requests for disbursements shall only be for eligible project costs which have been incurred and shall be subject to review by the Office and WWDO.

(b) Ineligible Project Costs. The following project costs shall be ineligible for reimbursement:

  • (i) Costs for any asset that is owned by a private property owner;
  • (ii) Costs for tap fees, sewer and water fees, and plant investment fees;
  • (iii) Engineering fees, including design, inspection and contract administration costs, over twenty percent (20%) of Board approved funding;
  • (iv) All non-cash costs except land which is integral to the hydro-power process but not costs for land in excess of current fair market value and/or costs for an amount of land in excess of that needed for project purposes. Lands costs not defined in the application will be ineligible for reimbursement;
  • (v) Costs for preparation or presentation of grant or loan applications for any source of funding;
  • (vi) Costs for transportation, meals and lodging incurred anywhere away from the site of the project;
  • (vii) Costs of tools, supplies and furnishings for capital projects not included in WWDO approved construction contract documents, including but not limited to, capital equipment, hammers, tanks, tools, furniture, drapes, blinds, file cabinets, file folders and survey stakes;
  • (viii) Legal fees, except as pre-approved by the Office and WWDO;
  • (ix) Costs related to the issuance of bonds;
  • (x) Costs of elections;
  • (xi) Costs to establish and form districts;
  • (xii) Costs incurred prior to loan award, except costs incurred for architectural and engineering design, surveying, state environmental review process (SERP) requirements or in emergency circumstances;
  • (xiii) Costs for change orders not approved by the Office and WWDO;
  • (xiv) Lump sum contracts unless approved by the Office and WWDO; and
  • (xv) Costs for meals and incidental expenses in excess of federal per diem rates.

060-34 Wyo. Code R. § 34-9