33 MAC Pt. 1, R. 3.2.5

Upon execution of all contracts funded under the loan agreement, the loan recipient

Year: 2026Length: 138 wordsOfficial source

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.
33 MAC Pt. 1, R. 3.2.5: Upon execution of all contracts funded under the loan agreement, the loan recipient | Justis AI