Texas Administrative Code › Title 10 - COMMUNITY DEVELOPMENT › Part 1 - TEXAS DEPARTMENT OF HOUSING AND COMMUNITY AFFAIRS › Chapter 25 - COLONIA SELF-HELP CENTER PROGRAM RULE › Section 25.9 - Administrative Thresholds

Current through Reg. 49, No. 28; July 12, 2024
Administrative Draw request. Administrative Draw requests are
				  funded out of the portion of the Contract budget specified for administrative
				  cost (administration line item of the Contract budget). These costs are not
				  directly associated with an Activity. The administration line item will be
				  disbursed as described in paragraphs (1) - (8) of this section:
(1) Threshold 1. The initial administrative
				Draw request allows up to 10% of the administration line item may be drawn down
				prior to the start of any project Activity included in the Performance
				Statement of the Contract (provided that all Pre-Draw requirements, as
				described in the Contract, for administration have been met). Subsequent
				administrative funds will be reimbursed in proportion to the percentage of the
				work that has been completed as identified in paragraphs (2) - (8) of this
				section.
(2) Threshold 2. Up to an
				additional 15% (25% of the total) of the administration line item to be drawn
				down after a start of project Activity has been demonstrated. For the purposes
				of this threshold, if Davis-Bacon labor standards are required for a given
				Program Activity, the "start of project Activity" is evidenced by the
				submission of a start of construction form. If labor standards are not required
				on a given project Activity that has commenced (and for which reimbursement is
				being sought), the submission of a Draw request that includes sufficient
				back-up documentation for expenses of non-administrative project Activities
				evidences a start of project Activity. Direct Delivery Costs charges will not
				constitute a start of project Activity.
(3) Threshold 3. Up to an additional 25% (50%
				of the total) of the administration line item may be drawn down after
				compliance with the 20-month threshold requirement has been demonstrated as
				described in §
									RSA
				25.10 of this chapter (relating to
				Expenditure Thresholds and Closeout Requirements).
(4) Threshold 4. Up to an additional 25% (75%
				of the total) of the administration line item may be drawn down after
				compliance with the 32-month threshold requirement has been demonstrated as
				described in §
									RSA
				25.10 of this chapter.
(5) Threshold 5. Up to an additional 15% (90%
				of the total) of the administration line item may be drawn down after
				compliance with the 44-month threshold requirement has been demonstrated as
				described in §
									RSA
				25.10 of this chapter.
(6) Threshold 6. Up to an additional 5% (95%
				of the total) of the administration line item may be drawn down upon receipt of
				all required close-out documentation.
(7) Threshold 7. The final 5% (100% of the
				total), less any administrative funds reserved for audit costs as noted on the
				Project Completion Report of the administration line item, may be drawn down
				following receipt of the programmatic close-out letter issued by
				Department.
(8) Threshold 8. Any
				funds reserved for audit costs will be released upon completion and submission
				of an acceptable audit. Only the portion of audit expenses reasonably
				attributable to the Contract is eligible.