N.Y. Comp. Codes R. & Regs. tit. 5 § 70.15

Current through Register Vol. 46, No. 43, October 23, 2024

Section 70.15 - Reports

(a) Feasibility studies.

(1) Program recipients shall keep the department apprised of their progress, both formally and informally. Any changes in the feasibility study plan must be communicated to the department at the earliest possible date.

(2) Program recipients must, at a minimum, submit a report to the department at the midpoint of the feasibility study, reporting on its progress, including:

(i) a description of tasks completed;

(ii) conformance to the feasibility study schedule, highlighting any deviation from the original scope of work and schedule of tasks, and the reasons for such deviation; and

(iii) a financial status report.

(3) Program recipients must submit final reports to the department, prior to the final disbursement of funds, which shall include, but not be limited to:

(i) a detailed summary of the feasibility study findings;

(ii) an assessment of the supply conditions (e.g., availability, quantities, sources, etc.) for the secondary materials in question, if appropriate;

(iii) a description of the size and location of markets for the product derived from the secondary materials reuse or recycling technology being studied, where applicable;

(iv) a description of how the waste prevention technology and/or practice will minimize, reduce or eliminate the generation of wastes, use or reuse wastes, increase energy efficiency or water conservation, improve air or water quality and/or improve process economics;

(v) the cost of implementation of the waste prevention technology or practice and a construction schedule, if applicable;

(vi) a description of how the firm intends to act on the results; and

(vii) a description of receipts and expenditures of funds in connection with the feasibility study.

(b) Other program assistance. On each anniversary date of the loan closing during the term of program assistance, the program recipient shall submit to the department a copy of the applicant's most recent fiscal year end financial statement and an assessment of the amount of waste minimized, reduced, eliminated, used or reused, the increase in energy efficiency or water conservation, or the improvement of air or water quality, as applicable, pursuant to the project undertaken.

N.Y. Comp. Codes R. & Regs. Tit. 5 § 70.15