Nevada Department of Education details late‑liquidation rules, urges subrecipients to obligate contracts by Sept. 30

Amber Reed, director of the Nevada Department of Education's (NDE) Office of District Support Services, told subrecipients during a March webinar that the state will use Sept. 30, 2024, as the cutoff date to determine remaining balances eligible for a late‑liquidation extension request to the U.S. Department of Education (USED). Reed said NDE will submit late‑liquidation requests on behalf of its subrecipients and will meet with districts and other grantees in July and August to review budgets and collect documentation.

Reed emphasized the distinction between an obligation period and a liquidation period and urged entities to secure binding written commitments before the obligation period ends. "I want to make it very clear that no federal agency, including the U.S. Department of Education, has the authority to extend the period of performance," Reed said, adding that USED may grant additional time to liquidate funds. She framed timely and valid obligation as essential: "Timely and valid obligation is the key to your success."

Under the rules Reed described, the regular liquidation period begins when an obligation period ends and…