Texas Administrative Code
Title 31 - NATURAL RESOURCES AND CONSERVATION
Part 10 - TEXAS WATER DEVELOPMENT BOARD
Chapter 371 - DRINKING WATER STATE REVOLVING FUND
Subchapter C - INTENDED USE PLAN
Section 371.24 - Changes to Project
Current through Reg. 49, No. 38; September 20, 2024
Subsequent to adoption of an IUP, the Applicant for a proposed project listed within the Project Priority List may be allowed certain changes without requiring a re-ranking in the following circumstances:
(1) the Applicant for a proposed project changes but the project does not change;
(2) the number of participants in a consolidation project changes and the change does not result in a change to the combined rating factor; and
(3) the fundable amount of a proposed project does not increase by more than 10 percent of the amount listed in the approved IUP. The executive administrator may waive the 10 percent limit to incorporate additional elements or increased project costs; however, any principal forgiveness awarded may not exceed the original IUP amounts allocation .
