Grant payment

Grant payment. (1) Initial payments. Upon acceptance of the grant offer, the grantee may request up to 50% of the total amount of the grant by submitting an advance payment request. (2) Interim payments. Interim payments shall be paid to the grantee based on the payment schedule in the grant agreement. (3) Final payment. The grantee shall submit the final payment request within 60 days after project completion or after the grant expiration date, whichever occurs first. The department shall pay the remainder of the grant to the grantee upon approval of the final report as required by s. NR 58.11 (2) and the final accounting of project expenditures. (4) Unexpended monies returned. The grantee shall return any unexpended grant monies to the department within 60 days after expiration of the grant period. (5) Payments for project modifications. Payments may not be paid for project modifications unless approved by the department.