When practical completion stage has been reached and costs need to be recovered, the proportion of the costs represented by the grant rate for the scheme must be forwarded to NIHE.
Practical Completion is deemed to have occurred when the works/repairs are completed.
Associations must follow the instructions for claiming payment set out in Table 10: ESP Practical Completion Stage: Tariff Schemes Band 1.
For more information on Grant Timetable.
Recoverable costs post practical completion
- Where, following a final grant claim, the Association is able to recover costs as the result of a claim by or against a third party, that proportion of the costs represented by the grant rate for the scheme must be forwarded to NIHE (DPG).
- If the actual purchase price is lower than the valuation figure, where the scheme approval was based on the latter amount, an overpayment of HAG may have occurred and will be recoverable from the Association.