§ 48-08 — Funding
New York City Administrative Code (current through L.L. 2026/147, enacted September 12, 2026, and amendments effective through October 10, 2026) · 15 RCNY § 48-08
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§ 48-08 Funding.
(a) Funding is provided to Grantees, or an approved assignee, on a reimbursement basis upon receipt of invoices for eligible costs previously paid. Monthly invoices may be submitted to the Department after: 1. Final designs have been accepted by the Department; 2. The Funding Agreement has been registered pursuant to Section 328 of the Charter; and 3. A notice to proceed with the Project has been issued to the Grantee by the Department. (b) The following items are not eligible expenses and cannot be covered by the Grant: 1. Non-third party personnel costs or salaries of Grantee employees 2. Operating costs 3. Maintenance activities 4. Legal expenses (c) The Department will disburse Grant funding in accordance with the instructions and requirements of the Department's Agency Chief Contracting Officer and the City's Office of Management and Budget. (Added City Record 5/11/2017, eff. 6/10/2017)