Nev. Admin. Code § 548.530 - Distribution and expenditure of grants of money

1. Unless otherwise authorized by the Commission in an agreement to award a grant of money, grants of money will be disbursed as reimbursements. Grants of money may be disbursed in a lump sum or in installments, at the discretion of the Commission.

2. A maximum of 15 percent of the total amount of the grant or grants of money awarded to a conservation district from the Sage Grouse Competitive Grant Program in a fiscal year may be designated and used for administrative or indirect costs related to a project if the conservation district requested to use the grant of money for such costs in the budget included in the application for the grant of money.

3. A grant of money awarded by the Commission pursuant to NAC 548.500 to 548.540, inclusive:

(a) Except as otherwise provided in paragraph (b), must be expended or obligated during the fiscal year in which it was awarded.

(b) If the Commission authorized the disbursement of the grant of money on a basis other than reimbursement, must be expended or obligated during the fiscal year in which it was distributed.

(c) May not be committed for expenditure beyond the terms of the grant. Any amount of the grant of money which has not been committed for expenditure during the fiscal year or years for which the money was granted will be deducted from any grant awarded to the conservation district in a future fiscal year.

Notes

Nev. Admin. Code § 548.530

6/23/2014, eff. R139-13Added to NAC by Conservation Comm'n by ; A by R113-15, eff. 12/21/2015

NRS 548.160, 548.178