1 of 7

Federal Compliance

& Guidelines

Payment Requests

2 of 7

What are Payment Requests?

A payment request is a request for reimbursement for actual costs expended to perform the project.

3 of 7

Do Payment Requests Apply to my Project?

Yes

Program

Payment Requests

High Cost Support Mechanism

Yes

Broadband Deployment Board SLFRF Funding

Yes

Capital Projects Fund

Yes

Broadband Equity, Access and Deployment (BEAD)

Yes

4 of 7

What do I Have to do?

  • Submit the Following
    • Payment Request Summary Page
    • Invoice Detailing Costs
  • The invoice must include
    • Materials stored on-site
    • Previous progress
    • Progress occurring within the invoice period
    • A confirmation of lien releases received

5 of 7

Payment Request Due Dates

  • Submit payment request in the approved format within 15 days following the end of each calendar quarter
  • If needed, a grantee may request monthly reimbursement
  • Reimbursement can only be requested for phases authorized by the OIT Grant Manager. See the Project Phases presentation for additional information

6 of 7

What Should Grantees Expect?

  • OIT will process payment requests in the order they are received
  • Any mistakes on the payment request that need to be corrected will restart the process
  • Grantees should expect to be able to float costs for a minimum of 45 days after the final corrected submission of the payment request

7 of 7

Thank you

Questions?

Advance_CBO@state.co.us

More compliance videos and resources at

broadband.colorado.gov/federal_compliance