- have a great CTC, and
- are not a technology one solely has actually safeguards applications.
For this inaugural NOFA, OSC aims to fund the latest procurement otherwise rehabilitation away from gadgets to own development processes on the CTCs.
C. Point 8140 Qualification Criteria
OSC have a tendency to check project apps to own present Government engagement. The fresh Part 8140 Qualifications Requirements was in fact establish pursuant to area 8140 of one’s Appropriations Work. The next proviso out-of area 8140 necessitates the Assistant away from Cover and Movie director of the Office from Management and you will Finances (OMB) so you can as one establish criteria having eligibility getting head loans and financing pledges one restrict Government participation for the a task similar to the criteria with the financial procedures taken to for the area 504 of your Government Borrowing Change Act out of 1990 (FCRA; 2 U.S.C. 661c) and you may according to research by the guidance included in the 1967 Declaration of brand new President’s Fee towards Budget Maxims. The applicants distribution software for resource around this NOFA need to complete responses into the Section 8140 Qualifications Requirements. OSC and OMB will do a holistic review of the solutions to your Part 8140 Qualifications Conditions answers to check out perhaps the app fits the fresh criteria.
Government Eligibility Tolerance Questions
step one. ‘s the potential debtor seeking to financing for a task or purchase to create a sensation, device, investment, and/otherwise solution by which the government is the only representative?
2. Is the potential borrower trying resource for a task or purchase which will make an event, equipment, advantage, and/otherwise services where installment try majority dependent on current or forecast Federal supplies ( elizabeth.g., gives otherwise deals)?
Federal Exchange Assessment Requirements
step 1. ‘s the debtor a community-individual commitment, or do the government or even possess a task on the governance of passion financed from the recommended exchange ( e.g., a corporate administrator position, subscription into the Board out-of Administrators, the capability to unilaterally choose otherwise veto people in the new Panel from Directors, or other types of manage or influence booked to own a shareholder), except for any fine print within the Credit Agreement or supplementary data?
dos. Is the suggested deal investment a task wherein a federal company has already established earlier in the day authorization in the laws, and you can instead and therefore agreement a private sector entity wouldn’t engage regarding the craft?
step 3. g., ‘s the OSC loan critical to securing advantageous feedback views otherwise catalyzing private opportunities)? If yes, excite define the proposed installment loans Philadelphia purchase matches in examined latest personal markets.
cuatro. Do the transaction count on the government making most other into the-kind efforts (belongings, a property, right-of-ways, an such like.)? If yes, excite explain.
5. What, or no, most recent Federal financing possessions ( elizabeth.g., Federal belongings, structures, equipment, otherwise rational assets) could well be influenced by the order? Like, commonly your order money construction of an asset into Government house, otherwise do the order have confidence in the fresh Federal Government’s went on possession and maintenance out-of a structure to have stability?
6. To the knowledge, excepting a conference out of default, create the federal government have to coverage financial loss relevant into the opportunity?
From the Application Region step 1, if the applicant answers yes to virtually any of the Government Purchase Assessment Conditions, the latest applicant was desired so you’re able to enhance the answer to give subsequent outline.
D. Qualified Can cost you
Head fund created for qualified projects due to OSC can be used to finance the purchase or rehabilitation out-of gadgets, while the adopting the will set you back in person associated with the financed equipment:
- Pre-setting up costs, particularly thought, development, technology study, funding, courtroom expenditures, and you may related charges (excluding software can cost you, hence will never be secure);