Missouri Laws 262.465 – Duties of director before releasing funds
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1. The director or his representative shall before releasing state funds:
(1) Conduct his own inspection to determine that the completed project complies* with the plans and specifications and the original application; and
Terms Used In Missouri Laws 262.465
- Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
- State: when applied to any of the United States, includes the District of Columbia and the territories, and the words "United States" includes such district and territories. See Missouri Laws 1.020
(2) Determine whether the work has been performed in a manner satisfactory to the director.
2. If the completed project meets the requirements of this section the bills submitted for materials and services will be audited and the county, municipality, or other political subdivision reimbursed for one-half of the costs not to exceed two thousand five hundred dollars in any one fiscal year.