The Vermont Statutes Online
The Statutes below include the actions of the 2025 session of the General Assembly.
NOTE: The Vermont Statutes Online is an unofficial copy of the Vermont Statutes Annotated that is provided as a convenience.
Subchapter
003
:
CONSTRUCTION GRANTS
(Cite as: 10 V.S.A. § 1627)
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§ 1627. Payment of awards
The Department may make periodic grant payments based upon certification by the grantee
that costs for which reimbursement is requested have been incurred and paid by the
grantee. The recipient shall provide supporting evidence of payment upon the request
of the Department. Partial payments shall be made not more frequently than monthly.
Interest costs incurred in local short-term borrowing of the grant amount shall be
reimbursed as part of the grant. After the construction has been completed, and its
cost audited by the Department, the Department shall certify the remainder of the
award to the Commissioner of Finance and Management who shall issue his or her warrant
for payment. (Added 1971, No. 97, § 3, eff. April 22, 1971; amended 1977, No. 39, § 5, eff. April 19, 1977; 1983, No. 195 (Adj. Sess.), § 5(b); 1989, No. 276 (Adj. Sess.), § 32, eff. June 20, 1990.)