Mississippi Administrative Code
Title 33 - Public Health - Local Governments And Rural Water Systems Improvements Board
Part 2 - Drinking Water Systems Improvements Revolving Loan Fund Program Regulations
Chapter 3 - Project Requirements
Appendix 33-2-3-J - DWSIRLF Loan Recipient Accounting and Auditing Requirements

All DWSIRLF loan recipients must maintain project accounts in accordance with generally accepted government accounting standards, as defined by the Guidelines of the Municipal Accounting and Audit Manual, as prescribed by the State Auditor's Office. Charges to the project account must be properly supported, related to eligible construction costs, and documented by appropriate records. These project accounts must be maintained as separate accounts.

All contracts for professional services, construction, equipment, and supplies must include an access to audit clause which gives the Department and its representatives access to and the right to audit, inspect, copy and examine books, financial records and other documents relating directly to the receipt and disbursement of DWSIRLF funds.