Common use of Draw Requisitions Clause in Contracts

Draw Requisitions. Whenever the Grant Recipient desires a disbursement of a portion of the Grant, which shall be no more often than once each calendar month, the Grant Recipient shall submit to the State Entity a Draw Requisition duly executed on behalf of the Grant Recipient or its designee. Each Draw Requisition shall be submitted on or between the 1st day and the 15th day of the month in which an Advance is requested, and shall be submitted at least 7 calendar days before the date the Advance is desired. Each Draw Requisition shall be limited to amounts equal to the portion of the Predesign Stage that has been completed since the submittal of the last prior Draw Requisition. At the time of submission of each Draw Requisition the Grant Recipient shall submit to the State Entity such supporting evidence as may be requested by the State Entity to substantiate all payments that are to be made out of the relevant Draw Requisition. If on the date an Advance is desired the Grant Recipient has complied with all requirements of this Agreement and the State Entity approves the relevant Draw Requisition and receives a current construction report from the Inspecting Engineer recommending payment, then the State Entity shall disburse the amount of the requested Advance to the Grant Recipient.

Draw Requisitions. Whenever the Grant Recipient Public Entity desires a disbursement of a portion of the Program Grant, which shall be no more often than once each calendar month, the Grant Recipient Public Entity shall submit to the State Entity a Draw Requisition duly executed on behalf of the Grant Recipient Public Entity or its designee. Each Draw Requisition shall be submitted on or between the 1st day and the 15th day of the month in which an Advance is requested, and shall be submitted at least 7 calendar days before the date the Advance is desired. Each Draw Requisition shall be limited to amounts equal to the portion of the Predesign Stage Predesign/Design Activities that has been completed since the submittal of the last prior Draw Requisition. At the time of submission of each Draw Requisition the Grant Recipient Public Entity shall submit to the State Entity such supporting evidence as may be requested by the State Entity to substantiate all payments that are to be made out of the relevant Draw Requisition. If on the date an Advance is desired the Grant Recipient Public Entity has complied with all requirements of this Agreement and the State Entity approves the relevant Draw Requisition and receives a current construction report from the Inspecting Engineer recommending paymentRequisition, then the State Entity shall disburse the amount of the requested Advance to the Grant RecipientPublic Entity.

Draw Requisitions. Whenever the Grant Recipient Public Entity desires a disbursement of a portion of the G.O. Grant, which shall be no more often than once each calendar month, the Grant Recipient Public Entity shall submit to the State Entity a Draw Requisition duly executed on behalf of the Grant Recipient Public Entity or its designee. Each Draw Requisition shall be submitted on or between the 1st day and the 15th day of the month in which an Advance is requested, and shall be submitted at least 7 calendar days before the date the Advance is desired. Each Draw Requisition shall be limited to amounts equal to the portion of the Predesign Stage Predesign/Design Activities that has been completed since the submittal of the last prior Draw Requisition. At the time of submission of each Draw Requisition the Grant Recipient Public Entity shall submit to the State Entity such supporting evidence as may be requested by the State Entity to substantiate all payments that are to be made out of the relevant Draw Requisition. If on the date an Advance is desired the Grant Recipient Public Entity has complied with all requirements of this Agreement and the State Entity approves the relevant Draw Requisition and receives a current construction report from the Inspecting Engineer recommending paymentRequisition, then the State Entity shall disburse the amount of the requested Advance to the Grant RecipientPublic Entity.