Reimbursement Process

Reimbursement Process. A. MDA will release RAIL program funds on a reimbursement basis for approved eligible costs of the project as incurred. B. The Applicant shall certify to MDA during construction that the expenses were incurred and were in accordance with the plans and application approved by MDA. C. Funds will be released upon receipt of the RAIL Program Form of Requisition and supporting documentation from the Applicant. D. Funds may only be drawn down once a month. E. Applicants have two (2) years from the date of the Memorandum of Understanding to request reimbursement for RAIL project costs. Miss. Code Ann. §57-46-1 (Rev. 2014).