Allowable Project Costs

For purposes of projects funded under this division of rules, the allowable costs of a project include: (1) Financing costs, including capitalized interest; (2) Direct project management costs; (3) Costs of consultant services and expenses; (4) Construction costs and expenses; (5) Costs of property acquisition, including any easement, or right of way directly related to and necessary for the project; (6) Costs incurred by the municipality prior to the award if such costs are allowable under the Authority’s adopted policy for reimbursement of pre-award costs; (7) Costs of acquiring off-site property for purposes directly related to the project, such as wetland mitigation; and (8) Other costs that the Authority determines to be necessary or useful. Statutory/Other Authority: ORS 285B.419 & 285A.075 Statutes/Other Implemented: ORS 285B.410 - 285B.482 History: OBDD 7-2026, renumbered from 123-042-0065, filed 04/15/2026, effective 04/15/2026 OBDD 4-2016, f. & cert. ef. 2-29-16 OBDD 9-2015(Temp), f. & cert. ef. 10-1-15 thru 3-27-16 OBDD 41-2010, f. 11-30-10, cert. ef. 12-1-10 EDD 10-2006, f. & cert. ef. 11-1-06