New Jersey Administrative Code
Subchapter 4 - FEES
Section 17:49-4.1 - Fees

Universal Citation: NJ Admin Code 17:49-4.1

Current through Register Vol. 55, No. 48, December 18, 2023

(a) An application review fee of $ 50,000 shall be paid upon submission of an application for approval of a public-private partnership project to the Office of Public Finance by the local government unit, school district, State government entity, or county or State college or university.

(b) To the extent additional funds are necessary to complete review of a project by a public-private partnership advisor as set forth in N.J.A.C. 17:49-3.3, as based upon a review of the project by the Department of the Treasury, including any post application change, an applicant shall be billed for the additional costs necessary to facilitate project review. Project review shall not commence until such time as funds are received to facilitate project review.

(c) Applicants shall submit an additional fee of $ 33,000 for any project involving a material transportation element.

(d) Applicants shall submit a non-refundable fee of $ 16,500 for each request for any material change in project scope at any time.

(e) These application fees shall be in addition to any set-aside amount required pursuant to N.J.A.C. 17:49-11. The Department of the Treasury reserves the right to reduce the amount of required set-aside, for application fee amounts not expended for project review, upon request of a public entity. Such request shall be made upon receipt of project approval.

Adopted by 52 N.J.R. 898(a), effective 4/20/2020

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