S.D. Admin. R. 31:01:03:04

Current through Register Vol. 51, page 67, December 16, 2024

Section 31:01:03:04 - Application procedures

At the time the office announces the availability of funds it shall designate which classes set out in § 31:01:03:01 are eligible to apply for those funds and the deadline date for applications. Applications may be made only in response to funding availability announcements. Application forms are provided by the office and must contain, at a minimum, the following information:

(1) The name and complete mailing address, including the county, of the applicant;

(2) The name of a contact person, including title and telephone number;

(3) The amount of the loan requested;

(4) A summary description of each energy conservation measure, including its estimated cost, estimated annual energy cost savings, and estimated payback;

(5) The estimated date of completion of the project;

(6) A copy of the complete technical analysis report as required by chapter 31:01:02; and

(7) Sufficient financial data on which to base a determination of the sound economic stability of the applicant. Documentation may include the following:

(a) Current financial statement;

(b) Latest profit and loss statement;

(c) Last financial audit;

(d) Amount and status of outstanding debts; and

(e) Amount and coverage of insurance.

The office may request additional information as necessary for the decision-making process.

S.D. Admin. R. 31:01:03:04

14 SDR 183, effective 7/13/1988; transferred from § 20:13:03:04, 15 SDR 209, effective 7/9/1989; 19 SDR 148, effective 4/4/1993; 20 SDR 222, effective 7/5/1994.

General Authority: SDCL 1-33B-15.

Law Implemented: SDCL 1-33B-15.