Oregon
Rule Rule 123-027-0070
Federally Authorized Project Award and Funding


(1)

The Authority and the Port shall execute a contract prior to disbursal of moneys from the Fund. The contract shall be in a form and content as provided by the Authority.

(2)

Payments from the Fund shall be disbursed in accordance with the executed contract.

(3)

The Port must provide the Authority with a written report, records, and a detailed accounting of costs in the format required by the Authority :

(a)

Within 30 days following the close of each federal fiscal year; and

(b)

Within 90 days following final completion of a project.

(4)

Any amount disbursed from the Fund and not used for a project must be returned to the Authority.
Source
Last accessed
Dec. 13, 2019