Current through Register Vol. 47, No. 6, September 18, 2024
(1)
Financial feasibility. Thirty-five percent of the total
possible points shall be based on financial feasibility of the proposed
project. Elements considered under financial feasibility shall include but not
be limited to:
a. Experience of the eligible
entity in financial management;
b.
A detailed project budget detailing all sources of funds as well as expected
project costs. This would include information on whether other funding has been
received, applied for or just identified;
c. A project timeline, including information
on the development of plans and specifications for the project, needed
approvals and permits, and project construction start and completion
dates;
d. A maintenance plan for
the project, including information on the likely useful life of the project,
the party or parties responsible for maintaining the project, the cost of
maintenance, and how those costs will be paid; and
e. In the case of loans, the source(s) of
funds for loan repayment.
(2)
Project collaboration.
Thirty percent of the total possible points shall be based on project
collaboration. Elements considered under project collaboration shall include
but not be limited to:
a. A description of all
parties involved in the project, including the roles, responsibilities,
qualifications and experience of each party;
b. A description of any formal agreements
among the parties and the status of those agreements;
c. A statement of the financial commitments
of each party in the entity with respect to the project, including
contributions of cash, gifts, or loans; and
d. A description of whether the project is
part of a larger coordinated effort to improve water quality.
(3)
Water quality
benefit. Thirty-five percent of the total possible points shall be
based on water quality benefit. Elements considered under the water quality
benefit of the project shall include but not be limited to:
a. The identification of the specific
watershed where the project will be located;
b. Whether a comprehensive watershed plan has
been completed and water quality impairments have been identified for the
watershed;
c. Whether the goals of
the project are targeted to impact the identified impairments in the watershed,
including a description of methods used to determine practices and the location
of practices to reach those goals;
d. Information on how results of the project
will be measured (e.g., by quantity of pollution being reduced or the
percentage of pollution being reduced); and
e. A description of how the project will use
practices identified in the Iowa nutrient reduction strategy.
