Nev. Admin. Code § 414.130 - Payments from Account on basis of reimbursement or advance funding

1. Except as otherwise provided in this section, all payments from the Emergency Assistance Account must be made on the basis of reimbursement.

2. Assistance will be provided from the Emergency Assistance Account on a basis of advance funding only if:

(a) The applicant is unable to begin recovery from the emergency or disaster without advance funding; and

(b) The amounts budgeted by the applicant for an emergency or disaster are not sufficient to support the purchase of equipment or supplies.

3. Advance funding will be provided at a maximum of 25 percent of the total cost of the project. Progressive advances will be provided based on the percentage of the project that has been completed and the submission of documentation evidencing all costs incurred to date.

Notes

Nev. Admin. Code § 414.130

Added to NAC by Div. of Emergency Mgt. by R202-01, eff. 4-24-2003

NRS 414.135