33 MAC Pt. 1, R. 3.2.5
Upon execution of all contracts funded under the loan agreement, the loan recipient
Cite as 33 Miss. Admin. Code Pt. 1, R. 3.2.5
Upon execution of all contracts funded under the loan agreement, the loan recipient
must then submit (a) all such executed contracts for emergency
construction/repairs/equipment/supplies and engineering planning/design and construction phase
services, (b) if any contracts must be bid, the completed contract award certification and a
completed loan agreement amendment request (to reflect as-bid {if applicable} and other
executed construction contract amounts, all other contract amounts, a construction contingency
as determined by the Department staff, and the original administration fee) to the Department
staff within the time-frame established in the loan agreement. Within the time frames established
in the loan agreement, the loan recipient must then, at his discretion, issue any notices to proceed
and submit a copy of such to the Department and begin any remaining construction/repair work
or purchase any remaining equipment/supplies funded under the loan agreement.