- come in a beneficial CTC, and you can
- aren’t an event you to exclusively has defense software.
For it inaugural NOFA, OSC aims to money the fresh new procurement otherwise treatment out-of gizmos getting manufacturing processes regarding CTCs.
C. Area 8140 Qualification Standards
OSC commonly examine opportunity apps having current Government engagement. New Part 8140 Eligibility Standards was in fact build pursuant so you can area 8140 of your own Appropriations Act. The 3rd proviso away from area 8140 necessitates the Secretary away from Shelter and also the Director of your own Work environment out of Government and you may Funds (OMB) so you can jointly develop criteria getting qualifications for head funds and financing claims you to limit Government contribution for the a project consistent with the conditions for the budgetary treatment provided for during the point 504 of the Federal Borrowing from the bank Reform Operate regarding 1990 (FCRA; 2 U.S.C. 661c) and according to research by the information contained in the 1967 Report of the fresh President’s Percentage with the Budget Concepts. Most of the applicants submission programs to have financing around so it NOFA need complete solutions towards the Point 8140 Qualification Conditions. OSC and you can OMB perform an alternative writeup on the new solutions towards the Section 8140 Eligibility Conditions answers and find out if the software suits the fresh new standards.
Federal Eligibility Threshold Issues
step one. Is the prospective borrower trying financing to have a venture otherwise exchange to help make a technology, product, resource, and/or solution where the us government ‘s the sole member?
2. Is the prospective borrower trying to financial support for a job or exchange which will make a technology, equipment, house, and/or solution where payment are most determined by most recent otherwise envisioned Federal present ( e.g., gives or contracts)?
Government Transaction Assessment Requirements
1. ‘s the borrower a community-personal union, otherwise really does the government otherwise has actually a job regarding the governance of your hobby funded by proposed purchase ( age.grams., a business administrator reputation, registration with the Board of Administrators, the ability to unilaterally elect otherwise veto people in the fresh Hawai loans new Panel out-of Directors, and other kinds of manage otherwise influence kepted getting a shareholder), except for people conditions and terms contained in the Credit Arrangement otherwise ancillary records?
2. Is the proposed deal capital a job whereby a federal institution has already established past authorization when you look at the statutes, and you may instead of hence authorization a personal market organization won’t take part from the hobby?
3. grams., ‘s the OSC loan critical to protecting positive ratings viewpoints otherwise catalyzing individual investments)? In this case, excite explain the advised transaction fits inside analyzed latest private business.
cuatro. Really does your order believe the us government and make almost every other when you look at the-kind contributions (residential property, a residential property, right-of-way, etc.)? If yes, please determine.
5. Just what, if any, most recent Government financing assets ( e.grams., Government belongings, structures, gizmos, otherwise mental possessions) might be affected by the transaction? Eg, have a tendency to the transaction financing framework off a secured asset into the Federal property, otherwise really does your order trust the new Federal Government’s went on control and you may fix out of a design to possess stability?
6. Toward education, with the exception of a conference of default, do government entities be required to shelter monetary losings associated toward enterprise?
From the Software Area step 1, in case your applicant solutions yes to almost any of the Government Purchase Testing Requirements, this new candidate is welcome to complement the response to provide subsequent outline.
D. Qualified Will set you back
Head fund created for qualified programs compliment of OSC can be utilized to invest in the acquisition or rehabilitation of gizmos, plus the pursuing the will cost you myself with the funded equipment:
- Pre-installations will cost you, such as for instance planning, invention, systems studies, funding, courtroom costs, and you can relevant fees (excepting app costs, which will not secure);