Section 3 AAC 107.655 - Evaluation of grant applications(a) For each application not rejected under 3 AAC 107.645, the authority will perform an evaluation for the purpose of ranking applications and making recommendations to the legislature for grants. The evaluation criteria include (1) the extent to which the proposed project serves an area of the state in which the average cost of energy to each resident of the area exceeds the average cost to each resident of other areas of the state; the authority will give the most weight to the criterion in this paragraph;(2) the extent to which the applicant will provide matching resources for the project; the authority will give significant weight to the criterion in this paragraph;(3) the extent to which a grant to the project, considered with other recommended grants, achieves a statewide balance of grant money; the authority will give significant weight to the criterion in this paragraph;(4) the likely economic and technical feasibility of the project; as part of its evaluation under this section, the authority will consider the results of the review performed under 3 AAC 107.645;(5) the public benefits of the project, including economic benefits; as part of its evaluation under this section, the authority will consider the results of the review performed under 3 AAC 107.645;(6) the ability of the applicant to finance, operate, and maintain the project for the life of the project;(7) local support for the project;(8) the readiness of the applicant to proceed with the phases of the project proposed for a grant;(9) the applicant's previous compliance with the requirements of AS 42.45.045, 3 AAC 107.600 - 3 AAC 107.695, requests for applications, and grant agreements; and(10) other project-specific criteria as identified in the request for applications.(b) As a result of the evaluation under (a) of this section, the authority may recommend a grant in the amount requested by the applicant, decline to recommend a grant for a project, or recommend a grant in an amount or for project phases different from what the applicant requested. In recommending a grant for phases different from what the applicant requested, the authority may limit its recommendation to a grant for one or more preliminary project phases before recommending a grant for project construction.Eff. 10/16/2009, Register 192Authority:AS 42.45.045
AS 44.83.080