[Code of Federal Regulations]
[Title 13, Volume 1]
[Revised as of January 1, 2003]
From the U.S. Government Printing Office via GPO Access
[CITE: 13CFR305.15]

[Page 555]
 
                TITLE 13--BUSINESS CREDIT AND ASSISTANCE
 
CHAPTER III--ECONOMIC DEVELOPMENT ADMINISTRATION, DEPARTMENT OF COMMERCE
 
PART 305--GRANTS FOR PUBLIC WORKS AND DEVELOPMENT FACILITIES--Table of Contents
 
              Subpart B--Requirements for Approved Projects
 
Sec. 305.15  Contract award.

    EDA must concur in the award of all necessary contracts for design 
and construction of the EDA assisted facility in order for the cost to 
be eligible for EDA reimbursement. Pending EDA approval of the 
construction contract(s), the recipient may issue the notice to proceed 
permitting the work to go forward. If the work does go forward prior to 
EDA approval, the recipient will be proceeding at its own risk pending 
EDA review and concurrence. The EDA regional office will advise the 
recipient of the documents that are required to obtain EDA approval.

[64 FR 69876, Dec. 14, 1999]