- have a CTC, and you may
- are not an experience one only enjoys cover programs.
For it inaugural NOFA, OSC aims to fund the latest procurement or rehab of products for manufacturing procedure regarding CTCs.
C. Section 8140 Eligibility Criteria
OSC commonly evaluate venture software having current Federal engagement. The new Point 8140 Qualification Requirements have been arranged pursuant so you’re able to section 8140 of the Appropriations Work. The next proviso from section 8140 requires the Secretary regarding Safety as well as the Manager of your Workplace regarding Government and you will Funds (OMB) so you can as one write standards to own eligibility getting direct funds and you will financing guarantees that maximum Government participation from inside the a job consistent with the requirements towards the financial therapy provided for inside the area 504 of your own Government Borrowing Reform Act out-of 1990 (FCRA; dos You.S.C. 661c) and you will in accordance with the advice contained in the 1967 Report away from brand new President’s Fee into the Finances Basics. All of the people entry software having financing significantly less than this NOFA need certainly to complete answers on Section 8140 Qualification Criteria. OSC and you may OMB will do an alternative writeup on the new solutions for the Section 8140 Qualification Criteria answers to check out perhaps the application match new standards.
Federal Eligibility Tolerance Inquiries
step one. ‘s the possible borrower seeking to funding to possess a task or exchange which will make a technology, product, house, and/otherwise services which the government is the only affiliate?
2. Is the possible debtor looking to financing to own loans in Wedowee a job or purchase to make a sensation, tool, asset, and/otherwise services where fees are most influenced by latest or anticipated Government supply ( age.grams., has otherwise contracts)?
Federal Exchange Testing Standards
step one. Is the borrower a public-private union, or do the government if you don’t have a job on governance of craft funded because of the suggested transaction ( age.grams., a corporate administrator updates, subscription into the Board off Administrators, the ability to unilaterally decide or veto members of this new Panel of Administrators, or any other different manage or dictate booked having a shareholder), excluding one terms and conditions contained in the Borrowing Contract or supplementary data?
2. ‘s the proposed deal funding an activity for which a national agency has received earlier in the day authorization within the laws, and you can as opposed to and therefore agreement a personal business entity would not engage from the passion?
step three. g., ‘s the OSC loan important to securing advantageous evaluations opinions otherwise catalyzing individual investment)? If yes, please determine how the advised exchange fits in analyzed newest private market.
cuatro. Really does the order count on the federal government and come up with most other when you look at the-kind benefits (homes, a property, right-of-means, etcetera.)? If yes, excite establish.
5. Exactly what, if any, latest Government capital assets ( e.g., Government land, structures, gizmos, otherwise rational possessions) is affected by the order? Including, have a tendency to the transaction finance construction regarding a secured asset to the Government residential property, or do the order rely on new Federal Government’s proceeded possession and repairs away from a pattern to have stability?
six. Towards the knowledge, aside from a conference from standard, manage the federal government be asked to protection economic loss related on endeavor?
On the Application Area step 1, in case the applicant solutions yes to any of your own Federal Purchase Screening Standards, brand new candidate was allowed so you’re able to enhance the answer to offer next detail.
D. Eligible Will cost you
Direct finance created for eligible projects using OSC may be used to invest in the purchase otherwise treatment away from equipment, together with after the will cost you myself with the funded equipment:
- Pre-installations can cost you, such as for example think, development, engineering data, resource, judge expenses, and you can related costs (with the exception of software will cost you, and that shall never be secure);