The RCN Grants Program is a reimbursement program. Applicants must be prepared to fully fund their projects in the first instance and submit payment requests to WMI for reimbursement. All reimbursement requests must show expenditure of non-federal funds at least as great as the amount being requested in federal funds. Reimbursement requests must be approved by the NEAFWA project officer before payment is made. Approval will be based on progress and financial reports. Grant recipients will be required to enter into a service contract with WMI in order to receive payment. Payment requests may be submitted to WMI on a quarterly basis. No advance payments will be provided. WMI will retain 10% of the grant amount pending receipt of all contract deliverables. Upon NEAFWA’s approval of said deliverables, the final 10% retainage will be released to the grantee.