- are located in a good CTC, and you can
- are not an event one to solely provides defense software.
For it inaugural NOFA, OSC aims to loans the fresh new procurement or treatment from devices to own development processes regarding the CTCs.
C. Point 8140 Qualifications Criteria
OSC usually evaluate project software to possess existing Federal engagement. The latest Part 8140 Qualification Requirements were install pursuant to help you section 8140 of Appropriations Work. The third proviso regarding section 8140 requires the Secretary away from Defense and Director of the Place of work from Administration and you will Funds (OMB) so you can as one build criteria to possess qualifications to own head loans and you will financing promises one to limit Federal involvement for the a job similar to the requirements towards the financial treatment taken to for the area 504 of Federal Borrowing from the bank Change Act of 1990 (FCRA; dos You.S.C. 661c) and you can according to the pointers included in the 1967 Declaration of new President’s Commission for the Budget Concepts. All of the individuals entry apps to possess financial support under it NOFA need certainly to complete answers on the Point 8140 Qualification Criteria. OSC and OMB can do an alternative overview of the brand new answers towards the Part 8140 Qualifications Criteria answers to check out if the application matches new conditions.
Federal Qualification Endurance Concerns
step one. ‚s the possible debtor trying funding for a task otherwise exchange to make a sensation, equipment, investment, and/or provider which the us government ‚s the just associate?
2. Is the potential borrower trying financial support to have a job or transaction to produce a trend, product, advantage, and/otherwise service where payment is vast majority dependent on current or expected Federal supply ( age.grams., has otherwise contracts)?
Federal Transaction Evaluation Conditions
step 1. ‚s the borrower a public-personal relationship, otherwise really does the federal government otherwise provides a job in the governance of the activity funded by proposed purchase ( e.grams., a business administrator position, registration on the Panel of Directors, the capacity to unilaterally decide or veto people in the latest Board off Directors, or other types of control otherwise dictate set aside to own a stockholder), aside from any conditions and terms within the Credit Arrangement or supplementary data files?
dos. ‚s click to find out more the recommended transaction financing a job whereby a federal company has received past consent during the rules, and you can in the place of and this agreement an exclusive markets organization would not take part regarding the pastime?
step 3. grams., is the OSC financing important to securing advantageous feedback views or catalyzing personal investments)? If yes, excite determine how the recommended transaction matches when you look at the analyzed latest private markets.
4. Do the transaction rely on the federal government making almost every other for the-type benefits (residential property, a home, right-of-way, etc.)? If yes, delight define.
5. What, if any, most recent Federal resource property ( elizabeth.grams., Government property, formations, equipment, otherwise intellectual assets) could be impacted by the transaction? Such as, have a tendency to the transaction finance structure away from a secured asset for the Federal property, otherwise does the order trust the new Government Government’s proceeded control and you may repairs out of a design to possess viability?
six. To the knowledge, excluding a meeting of standard, manage government entities be asked to security economic losses related to the venture?
Regarding Application Region step one, in case the candidate solutions yes to the of your own Government Deal Examination Criteria, new candidate is invited so you’re able to enhance the answer to bring further outline.
D. Qualified Can cost you
Lead funds made for qualified strategies using OSC can be utilized to invest in the purchase or rehab away from equipment, plus the adopting the will cost you yourself in the funded equipment:
- Pre-construction costs, particularly planning, development, engineering investigation, investment, judge expenditures, and you will relevant charge (with the exception of app can cost you, and that shall not be protected);
