Mississippi Administrative Code
Title 6 - Economic Development
Part 1 - Financial Resources
Chapter 21 - Mississippi Ports Improvements Fund Grant Program
Rule 6-1-21.8 - Reimbursement Process

A. MDA will release PORTS program funds on a reimbursement basis for approved eligible costs of the project as incurred.

B. The Entity shall certify to MDA during construction that the expenses were incurred and were in accordance with the plans and application approved by MDA.

C. Funds will be released upon receipt of the PORTS Program Form of Requisition and supporting documentation from the Entity.

D. Funds may only be drawn down once a month

E. Applicants have two (2) years from the date of the grant agreement to request reimbursement for project costs.