N.H. Admin. Code § Env-Dw 1105.03 - Management of Project Priority List

(a) A project on the fundable portion of the project priority list shall be bypassed if the project will not be ready to proceed during the funding year. Projects that have been bypassed shall be placed in the contingency section and funded if the project is ready to proceed when sufficient funds become available.

(b) The department shall review the project priority list not less than monthly and update the list with any necessary changes, such as revised loan award dates, revised estimated construction assistance amounts, and project bypass.

(c) If additional funds become available during the fiscal year, the department shall extend the fundable portion of the priority list to include the highest ranked project in the contingency section of the list.

(d) The department shall remove a project from the project priority list if any of the following is true:

(1) The project is fully funded from other sources;

(2) The project is found to be ineligible based on information received by the department subsequent to the placement of the project on the list;

(3) The applicant informs the department in writing that it does not intend to pursue financial assistance from the DWSRF; or

(4) The applicant loses its managerial or financial capability to construct and implement the project.

Notes

N.H. Admin. Code § Env-Dw 1105.03

(See Revision Note at chapter heading for Env-Dw 1100) #8702, eff 8-24-06

Amended by Volume XXXV Number 06, Filed February 12, 2015 , Proposed by #10772, Effective 1/24/2015, Expires1/24/2025.