Code of Federal Regulations (alpha)

CFR /  Title 7  /  Part 1775  /  Sec. 1775.18 Fund disbursement.

Grantees will be reimbursed as follows:

(a) SF-270, ``Request for Advance or Reimbursement,'' will be completed by the grantee and submitted to either the State or National Office not more frequently than monthly.

(b) Upon receipt of a properly completed SF-270, the funds will be requested through the field office terminal system. Ordinarily, payment will be made within 30 days after receipt of a proper request for reimbursement.

(c) Grantees are encouraged to use women- and minority-owned banks (a bank which is owned at least 50 percent by women or minority group members) for the deposit and disbursement of funds.