Mississippi Administrative Code
Title 6 - Economic Development
Part 1 - Financial Resources
Chapter 10 - Economic Development Highway Grant Program
Rule 6-1-10.10 - Disbursement Procedures
Universal Citation: MS Code of Rules 6-1-10.10
Current through September 24, 2024
MDA will make disbursements on Highway Projects according to the following procedures:
A. Construction by the Department of Transportation:
(i). No cost incurred will be considered an
eligible cost until the Highway Project is approved by MDA.
(ii). Committed funds, in the form of cash
expenditures by the Local Entity, will be injected before EDH Funds are used
(if applicable). All local funds, whether in the form of cash expenditures or
other injections, must be supported by written documentation and approved by
MDOT. Written documentation will be forwarded to MDA for approval and
filing.
(iii) MDOT will submit all
requests for payments to MDA for approval and reimbursement.
(iv). MDA will process all payments on a
monthly basis.
(v). Payment will be
paid directly to MDOT.
B. Construction by a Local Entity:
(i). No cost incurred will be considered an
eligible cost until the Highway Project is approved by MDA.
(ii). Committed funds in the form of cash
expenditures by the Local Entity will be injected before EDH Funds are used.
All local funds, whether in the form of cash expenditures or other injections,
must be supported by written documentation and approved by State Aid.
(iii). The project engineer will verify all
invoices and project costs and submit these documents (engineering estimates)
to a designated county or city official (chancery clerk, city clerk, purchasing
clerk, etc.) who has been authorized by the local governing authority to
certify and request disbursement of EDH funds. The appropriate documentation
will then be forwarded to State Aid for payment approval.
(iv). MDA will process all payments on a
monthly basis and pay the project engineer or the Local Entity.
Miss. Code Ann. § 65-4-1 etseq. (Rev. 2005)
Disclaimer: These regulations may not be the most recent version. Mississippi may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
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