060-42 Wyo. Code R. §§ 42-10 - Fund Disbursement and Administration
(a) Fund
Disbursement. Funds shall be disbursed to the applicant only as needed to
discharge obligations incurred in accordance with the Board approved project
costs. 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. Requests shall be submitted for
reimbursement no more frequently than once a month and not less than
quarterly.
(b) Fund Reversion. Any
grant funds that have not been obligated by October 1, 2024 shall be deemed
rejected by the recipient and shall revert to the Office. All requests for
reimbursement for eligible expenses must be received by the Office no later
than October 1, 2026. Any unused portions of the grants awarded pursuant to
this Chapter shall revert to the US Department of the Treasury on December 31,
2026 whether or not the project is completed and all eligible expenses have
been requested for reimbursement.
Notes
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