R23-29-11. Contingency Funds, Contingency Reserve, and Project Reserve

An Institution or Entity delegated a project on a categorical basis under this rule shall be subject to the same laws and rules regarding contingency funds as is the division except that: (1) contingency funds for delegated projects shall be segregated from the contingency funds held by the division for non-delegated projects and released upon justification and such documentation as may be required by the division; and (2) the Institution or Entity may not access for the delegated project, the division's statewide contingency reserve and project reserve authorized in Section 63A-5b-609.