- come in a beneficial CTC, and you will
- commonly an experience you to definitely only have security programs.
For this inaugural NOFA, OSC will finance the latest procurement otherwise treatment off devices for manufacturing processes about CTCs.
C. Point 8140 Eligibility Conditions
OSC tend to check project apps to own current Federal engagement. New Area 8140 Qualifications Conditions was build pursuant to section 8140 of Appropriations Work. The third proviso out-of area 8140 necessitates the Secretary from Coverage therefore the Manager of your Place of work away from Management and you can Finances (OMB) so you’re able to jointly develop standards to possess qualification getting head financing and you will loan pledges you to limitation Federal contribution from inside the a job consistent with the conditions on the budgetary treatment provided for from inside the area 504 of Federal Borrowing from the bank Change Work out of 1990 (FCRA; 2 You.S.C. 661c) and you may according to research by the recommendations contained in the 1967 Declaration out-of the new President’s Fee to the Funds Principles. All of the people entry software to possess resource under this NOFA have to done responses toward Point 8140 Qualifications Criteria. OSC and you may OMB can do an alternative report about the new solutions for the Area 8140 Qualification Standards answers to check out if the application meets brand new requirements.
Government Qualification Endurance Issues
step one. ‘s the possible debtor trying financing to own a venture or transaction to manufacture an occurrence, tool, resource, and/or provider where the federal government ‘s the only associate?
2. ‘s the potential borrower trying money to possess a project otherwise transaction to produce a sensation, tool, asset, and/or services in which payment are vast majority influenced by most recent or expected Government supply ( e.g., gives or contracts)?
Federal Deal Screening Standards
step 1. ‘s the debtor a public-individual connection, or does the us government otherwise features a task on the governance of one’s pastime financed from the recommended purchase ( e.g., a business administrator condition, registration into the Panel regarding Administrators, the capacity to unilaterally decide otherwise veto members of the fresh new Panel out of Directors, and other types of control or dictate arranged to own a stockholder), except for one fine print included in the Borrowing from the bank Arrangement or supplementary files?
dos. ‘s the suggested transaction financing a task where a national service has experienced early in the day agreement from inside the rules, and you will instead of hence agreement a private industry organization wouldn’t participate regarding the passion?
3. g., is the OSC financing important to securing beneficial reviews opinions or catalyzing private investments)? If yes, excite describe how the proposed exchange fits when you look at the analyzed most recent individual sector.
4. Does the transaction trust the federal government to make other in-kind efforts (house, a residential property, right-of-means, an such like.)? In this case, delight define.
5. What, or no, newest Government financing property ( age.g., Federal property, formations, gadgets, otherwise rational property) might be influenced by the transaction? Such as for instance, have a tendency to your order financing design off an asset towards Government belongings, otherwise do the transaction believe in the newest Government Government’s proceeded possession and repair off a design to have stability?
six. On the education, excluding an event regarding standard, do the government be required to cover economic losings relevant towards the project?
Regarding the Software Area step one, in case your applicant answers yes to any of your own Government Purchase Testing Conditions, the brand new applicant might possibly be desired so you’re able to enhance the solution to offer then detail.
D. Eligible Can cost you
Direct funds made for eligible systems as a consequence of OSC can be utilized to finance the acquisition otherwise treatment off gizmos, while the following will set you back yourself with the financed equipment:
- Pre-installment will set you back, such believe, creativity, engineering research, money, courtroom expenses, and you may relevant costs (excluding application can cost you, and this will not be protected);