Pennsylvania Code
Title 25 - ENVIRONMENTAL PROTECTION
Part VII - Pennsylvania Infrastructure Investment Authority
Chapter 961 - PENNSYLVANIA INFRASTRUCTURE INVESTMENT AUTHORITY GUIDELINES
Section 961.7 - Eligible costs
Universal Citation: 25 PA Code ยง 961.7
Current through Register Vol. 54, No. 44, November 2, 2024
(a) In addition to the costs enumerated in the act, eligible project costs considered by the Board may include, but not be limited to, the following:
(1) Project design and engineering, including
the development of prefeasibility, feasibility and planning studies, plans,
specifications, cost estimates, surveys and project inspection and
management.
(2) Financial condition
and audit reports required for financial assistance application.
(3) Administrative costs, including financial
reporting costs, generated by the project and specifically included in the
financial assistance agreement.
(4)
Acquisition of property rights and equipment that are preliminary to or a
necessary part of the project. Acquisition of property rights may include the
costs associated with the acquisition, including taxes, fees, surveys, title
insurance and relocation fees specifically included in the financial assistance
agreement.
(5) Legal service fees
generated by the project.
(6)
Permit fees.
(7) Insurance or bonds
associated with the construction of the project.
(8) Security bonds, necessary reserves and
costs of establishing and securing total financing arrangements for the
project.
(9) Interest during
construction or financing of the project and allowance for funds used during
construction.
(10) Project
construction, including labor, materials, machinery, equipment and site
preparation associated with the project.
(11) Other costs determined by the Board to
be necessary or incidental to the project.
(b) Funds encumbered or advanced for the project which are not used for eligible costs in the project shall be returned to the fund or account from which they originated for reallocation and use in other projects.
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