New York Codes, Rules and Regulations
Title 9 - EXECUTIVE DEPARTMENT
Subtitle BB - State Energy Office
Chapter V - Conservation Programs
Part 7920 - Not-for-profit Energy Incentive Program
Section 7920.6 - Calculation of estimated project cost
Universal Citation: 9 NY Comp Codes Rules and Regs ยง 7920.6
Current through Register Vol. 46, No. 39, September 25, 2024
(a) General. The total estimated project cost shall include costs to be incurred by the applicant and the value of in-kind services to be provided. Such costs shall not include administrative expenses, or costs associated with obtaining a focused energy analysis.
(b) Costs incurred by the applicant shall be based on:
(1) contractor estimates;
(2) supplier estimates;
(3) in-kind labor, materials, or equipment
estimates if in-kind is claimed as part or all of an applicant's matching
share;
(4) estimates of any
construction management and design fees, not to exceed 15 percent of the
measure(s); and
(5) estimates of
any minor repairs, alterations or other activities directly related to the
proper installation of an energy conservation measure, not to exceed 20 percent
of the cost of such measure.
(c) In-kind services. The value assigned to in-kind services is not a cost which is eligible for a program rebate. However, such value may be included as part of the applicant's required contributory or matching share of the total project cost.
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