Okla. Admin. Code § 150:65-5-3

Current through Vol. 42, No. 7, December 16, 2024

Section 150:65-5-3 - Detailed cost-benefit analysis; review of information

(a) In addition to the initial cost-benefit analysis included in the former military facilities development project profile, the Oklahoma Department of Commerce may conduct a more detailed cost-benefit analysis if necessary based on a review of the reasonableness of the projected average wage rates, the forecast of in-migration rates and other factors. Additional information may be required from an establishment. An establishment may request that the Department conduct a more detailed cost-benefit analysis.

(b) A copy of the detailed cost-benefit analysis will be sent to the establishment for review and approval.

(c) Before an incentive offer is made to an establishment, the Department shall review the establishment's project profile, health benefits plan, baseline employment, the net benefit rate and the maximum benefits allowable. After such review is completed, the Department may authorize the development of an incentive offer.

Okla. Admin. Code § 150:65-5-3

Added at 12 Ok Reg 19, eff 9-29-94 (emergency); Added at 12 Ok Reg 1339, eff 5-25-95