These procedures are applicable for all loans administered by OWDA.
One single pdf of the payment request should be emailed to disbursements@owda.org. The first page of the disbursement request should be a completed and signed Fund Payment Request form. The subject line of the email should include the 4 or 5 digit account number.
Alternatively, one hard copy of the payment request can be mailed to:
OWDA
480 South High Street
Columbus, OH 43215
For Contractor line item pay requests, the following must be completed and included:
- OWDA Fund Payment Request form: completed online at https://loans.owda.org/ , printed and signed by the Preparer and the Borrower’s Authorized Representative
- OWDA Contractor's Estimate form
- Itemized schedule of values that clearly shows an overall contract value for Total Completed and Stored to Date
For Technical Service line item pay requests, the following must be completed and included:
- OWDA Fund Payment Request form: completed online at https://loans.owda.org/ , printed and signed by the Preparer and the Borrower’s Authorized Representative
- A copy of each invoice listed
Detailed instructions for completing the Fund Payment Request form can be found HERE.
The following documents should not be included with disbursement requests:
- Cover letter: Additional information included on a cover letter submitted with a pay request is likely to be overlooked. Any items outside of the pay request should be submitted separately.
- Copies of checks
- Purchase orders
- Statements of account
- Quotes or estimates
- Previous disbursement requests
- Contractor affidavits