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(a) If a municipality has assumed partial or complete control of a public works project, the department will, in its discretion, require the municipality to submit certification of amounts and vouchers indicating payments of expenditures before the department will transfer money to the municipality from the special account established for the project under AS 35.15.090 . Any transfer of money is subject to audit. Alternatively, the department will, in its discretion, establish a schedule under which a specified percentage of the total project appropriation will be transferred to the municipality for each phase of the project. The agreement will identify which method of payment will be used. If the schedule method is used, the agreement will also specify what percentage will be allocated to each phase and when the fund transfers will be made.
(b) If project design documents submitted by the municipality conflict substantially with the project as it is described in the agreement, the municipality will be notified that further payments of project money will not be made until the conflicting areas are corrected.
(c) If status or expenditure reports submitted by the municipality indicate that the project is not on schedule, the department will, in its discretion, decline to adhere to any payment schedule set out in the agreement under (a) of this section, and will, in its discretion, withhold the periodic payments until they are actually needed by the municipality.
(d) The department will, in its discretion, withhold a portion of the total project appropriation, not to exceed five percent, until the audit of the project is complete. The agreement will specify what percentage of the appropriation, if any, will be withheld.
History: Eff. 3/20/86, Register 97
Authority: AS 35.15.080
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Last modified 7/05/2006