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Iowa's natural resources plates include the state bird and flower, pheasant, eagle, buck and a Brook trout. Support conservation in Iowa by buying a natural resource plate for your vehicle.
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Experience Iowa's natural beauty and all the fun our state parks offer. Make your online reservation for state park cabins, camping sites, shelters and lodges.
Support conservation in Iowa by buying a natural resource plate for your vehicle.
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The amount withheld until receipt of final documentation on State Revolving Fund (SRF) construction loans will change in the next state fiscal year (SFY). Currently all projects, regardless of the loan amount, are subject to a $5,000 withholding per loan. Beginning in SFY 2020, all loans executed on or after July 1, 2019 will fall under the new withholding structure. Five percent (5%) of the total construction cost per contractor will be withheld per project* for a total of:
*Per project refers to the combined total of all loans, including revenue or general obligation loans, taken for a single project. Phased projects that execute separate loans for each subsequent phase will be subject to the withholding structure above for each phase of the project.
The funds will be held until the required closeout documents are received by the Iowa Finance Authority (IFA), less $5,000. In addition to the final disbursement requisition, the following closeout documentation must be provided to the Iowa Finance Authority to finalize an SRF loan:
Three sets of any signed & certified change orders not previously approved by the DNR must be submitted to the DNR for review and approval
Each contractor’s signed Final Pay Request showing no retainage
Written Notice of Works in Operation and Owner Acceptance & Certification of Project Completion Form
Final Disadvantaged Business Enterprise (DBE) Report
Final Davis-Bacon Compliance Report
Final Project Close Out: American Iron and Steel Self Certification
The final $5,000 will be released once the Iowa DNR notifies the IFA that the final inspection approval has been issued.
Questions about withholding can be addressed to SRF Finance Officers at 1-800-432-7230.