BOARD00035 ‎(2)‎

• Board Meeting Date: 9/20/2006
• Description: IWM & D Section - Water Supply Reserve Account - Draft Criteria and Guidelines
• Board Meetings - Doc Type: Memo

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. Ensure that the Account is managed consistent with state statutes, applicable state
fiscal rules, and the IBCC and CWCS jointly developed criteria and guidelines. .
. Review applications and allocate monies from the Account based on
recommendations from the IBCRTs in accordance with the IBCC and CWCS jointly
developed criteria and guidelines.
. Enter into contracts with the selected entities and ensure that the water activity
identified in the application and work plan is implemented within the time and budget
identified in the application.
. Ensure that sound fiscal, fiduciary and accounting practices are implemented. CWCS
staff will handle the day-to-day administration of the Account. This effort includes
but is not limited to: notification to successful and unsuccessful applicants,
disbursements and tracking of payments, review of requests for payment, tracking
project progress, and completion of final project reports; preparation of an annual
report of activities and expenditure from the Account.

Payment - Payment will be made based on actual expenditures and invoicing by the
water activity sponsor. The request for payment must include a description of the
work accomplished by major task, and estimate of the percent completion for
individual tasks and the entire water activity in relation to the percentage of budget
spent, identification of any major issues and proposed or implemented corrective
actions. The last 5 percent of the entire water activity budget will be withheld until
final project/water activity documentation is completed.

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6

Final Draft

July 12,2006
Rev. I July 17,2006; Rev.2 July 31,2006; Rev. 3 August 4,2006;
Rev. 4 August 9,2006; Rev. 5 September 15,2006; Rev. 6 September 18,2006

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