Sec. 2604.9. Disbursements

(a) Disbursement requests shall be submitted by the recipient to the corporation on forms provided by, or acceptable to, the corporation, in accordance with any instructions issued by, and together with any documentation of costs required by, the corporation. Copies of the disbursement request shall be submitted simultaneously to the corporation, and to any party named in the applicable PFA.

(b) Proceeds or other financial assistance will be disbursed by the corporation only for costs associated with a project which has been certified by the department, in writing, as an eligible project. Recipients shall apply the proceeds of DWSRF assistance only to costs associated with such eligible project.

(c) The corporation may at any time review on audit disbursement requests and make adjustments for, among other things, arithmetical errors, items not built or bought, unallowable costs, or any other reasons as set forth in the PFA, and may refuse to certify advances or payments to a recipient based thereon. The corporation may recover any such funds from the recipient that it determines after any review or audit should not have been released under the PFA or applicable law, including the ARRA.

(d) The corporation may transfer the full amount or any part of the DWSRF assistance to a project account established for that purpose.

(e) Satisfactory documentation supporting DWSRF disbursement requests shall demonstrate that the costs claimed were those approved in the PFA, that they are allowable costs and that the goods or services for which the costs were incurred have been provided. Satisfactory documentation may include, but is not limited to, the following:

(1) signed copies of payment vouchers or invoices, cancelled checks, details of current indirect cost and fringe benefit rates, copies of all subagreements, executed construction contracts, change orders, payroll records, tabulations of allowable costs incurred to date;

(2) for construction, the latest cumulative work-in-place estimate and a summary of executed change orders for each construction contract;

(3) for professional services, a description of the nature of the service, and documentation that the service was provided according to the terms of a professional services agreement;

(4) for purchase of equipment not included in a construction contract, a detailed list of equipment purchased, price of each item, and the method and details of the procurement of each item and, where applicable, the origin of its manufacture; and

(5) for project services approved in a PFA to be provided by employees of the recipient, employee time records, signed by the employee and the employee’s supervisor, which account for all hours worked in the period covered, and describe in detail the work claimed as approvable.

All documentation for a project shall be incorporated and referenced in project accounts maintained by the recipient in accordance with generally accepted government accounting principles, or, in the case of non-governmental recipients, generally accepted accounting principles.