New Mexico Administrative Code
Title 20 - ENVIRONMENTAL PROTECTION
Chapter 7 - WASTEWATER AND WATER SUPPLY FACILITIES
Part 2 - RURAL WATER SUPPLY, WASTEWATER AND SOLID WASTE INFRASTRUCTURE
Section 20.7.2.203 - LOAN AND GRANT DISBURSEMENT REQUIREMENTS

Universal Citation: 20 NM Admin Code 20.7.2.203

Current through Register Vol. 35, No. 18, September 24, 2024

A. Interim loan disbursements to pay for contracted engineering services and other professional services may be made prior to approval of the plans and specifications by the department.

B. Interim and final loan and grant disbursements may be made by the department on a monthly basis as work is progressing.

C. The above loan and grant disbursements shall be made provided the local authority receiving RIA funds has complied with the requirements of these regulations and the department's administrative procedures.

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