Common use of State Disbursements Clause in Contracts

State Disbursements. a. Payment by the State to the Project Sponsor shall be made on a regular basis upon presentation of Reimbursement Requests for expenditures incurred during prior periods of the project duration subject to the allowable maximum payment. Exceptions to this schedule will be made as appropriate. In general, State reimbursements will be made after sufficient proof of payment is sent to the state. b. A final adjustment of state payments will be made upon completion of the State’s audit of the project. If the State’s audit establishes that the State paid more than its share of the eligible project costs, the Project Sponsor shall refund to the State upon demand a sum equal to the overpayment.

State Disbursements. a. Payment by the State to the Project Sponsor shall be made on a regular basis upon presentation of Reimbursement Requests reimbursement requests for expenditures incurred during prior periods of the project duration subject to the allowable maximum payment. Exceptions to this schedule will be made as appropriate. In general, State reimbursements will be made after sufficient proof of payment is sent to the stateState. b. A final adjustment of state State payments will be made upon completion of the State’s audit of the project. If the State’s audit establishes that the State paid more than its share of the eligible project costs, the Project Sponsor shall refund to the State upon demand a sum equal to the overpayment.

State Disbursements. a. Payment by the State to the Project Sponsor shall be made on a regular basis upon presentation of Reimbursement Requests vouchers for expenditures incurred during prior periods of the project duration subject to the allowable maximum payment. Exceptions to this schedule will be made as appropriate. In general, State reimbursements will be made after sufficient proof of payment is sent to the state. b. A final adjustment of state payments will be made upon completion of the State’s audit of the project. If the State’s audit establishes that the State paid more than its share of the eligible project costs, the Project Sponsor shall refund to the State upon demand a sum equal to the overpayment.

State Disbursements. a. Payment by the State to the Project Sponsor shall be made on a regular basis upon presentation of Reimbursement Requests for expenditures incurred during prior periods of the project duration subject to the allowable maximum payment. Exceptions to this schedule will be made as appropriate. In general, State reimbursements will be made after sufficient proof of payment is sent to the stateState. b. A final adjustment of state State payments will be made upon completion of the State’s audit of the project. If the State’s audit establishes that the State paid more than its share of the eligible project costs, the Project Sponsor shall refund to the State upon demand a sum equal to the overpayment.

State Disbursements. a. Payment by the State to the Project Sponsor shall be made on a regular basis upon presentation of Reimbursement Requests for expenditures incurred during prior periods of the project duration subject to the allowable maximum payment. Exceptions to this schedule will be made as appropriate. In general, State reimbursements will be made after sufficient proof of payment is sent to the state. b. A final adjustment of state payments will be made upon completion of the State’s audit of the project. If the State’s audit establishes that the State paid more than its share of the eligible project costs, the Project Sponsor shall refund to the State upon demand a sum equal to the overpayment.. PROJECT SPONSOR RESPONSIBILITIES AND REQUIREMENTS:

State Disbursements. a. Payment by the State to the Project Sponsor shall be made on a regular basis upon presentation of Reimbursement Requests vouchers for expenditures incurred during prior periods of the project duration subject to the allowable maximum payment. Exceptions to this schedule will be made as appropriate. In general, State reimbursements will be made after sufficient proof of payment is sent to the stateState. b. A final adjustment of state payments will be made upon completion of the State’s audit of the project. If the State’s audit establishes that the State paid more than its share of the eligible project costs, the Project Sponsor shall refund to the State upon demand a sum equal to the overpayment.