060-27 Wyo. Code R. §§ 27-9 - Grant Disbursement and Administration
(a)
Grant Disbursement. Grant funds for eligible project costs shall be disbursed
to the applicant only as needed to discharge obligations. Requests for
disbursements shall be made on a form supplied by the Office and supported by
adequate proof that such obligations have been incurred for project purposes
and are due and owing.
(b) The
minimum grant disbursement shall be One Thousand dollars ($1000.00) unless it
is the final disbursement of grant funds for the project.
(c) Fund Reversion.
(i) If the Director determines that the
project has not been commenced within one (1) year from the date the grant is
approved, the grant will automatically expire. Based upon information supplied
by the grantee, the Director may grant an extension of time in which to
commence the project.
(ii) If the
Director determines that the project has not been completed within a reasonable
time, he shall notify the grantee in writing at least thirty (30) days prior to
presenting the matter for Board review. The Board, upon review of the project
circumstances, may terminate or modify the grant award.
(iii) If the Director determines that the
project is complete, but the full amount of the grant has not been expended,
the Office shall notify the grantee of this determination. Thirty (30) days
following the notification, the unused portion of the grant shall revert to
uncommitted status.
Notes
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