Oregon Administrative Rules
Chapter 123 - OREGON BUSINESS DEVELOPMENT DEPARTMENT
Division 47 - BROADBAND PROGRAMS
Section 123-047-0060 - Financial Assistance Disbursements

(1) Unless stated otherwise in the funding notice, financing contract, or Program Handbook, financial assistance issued through a Broadband Program will be disbursed to an award recipient on an expense reimbursement or costs-incurred basis. The recipient must submit a disbursement request on a Department-provided or Department-approved disbursement request form for the actual, documented expenses incurred while conducting eligible activities of the Broadband Program.

(2) Notwithstanding section (1), the Department may, in its discretion, provide advance payment of funds upon a recipient's request. Recipients seeking an advance payment must specifically indicate which portions of the proposed project justify payment in advance.

(3) All financial assistance disbursements will be subject to the Department's determination, in its sole discretion, that the recipient meets the conditions precedent to disbursement provided for in the financing contract, including requiring no events of default at the time of disbursement. In addition, the Department may reject any application upon finding that to accept the application may impair the integrity of the solicitation process or that rejecting the application is in the best interest of the Department.

(4) The Department reserves the right to amend or cancel a solicitation for financial assistance through a Broadband Program, without liability if it is in the best interests of the Department.