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Regarding the lack of an OSC financing, is the enterprise financially feasible ( e

  • are located in a beneficial CTC, and you will
  • aren’t an occurrence that exclusively keeps defense software.

For this inaugural NOFA, OSC aims to funds the new procurement or rehabilitation off products for creation techniques regarding the CTCs.

C. Part 8140 Qualifications Requirements

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OSC commonly take a look at endeavor software having established Federal involvement. This new Area 8140 Eligibility Conditions was set-up pursuant to help you area 8140 of Appropriations Act. The 3rd proviso out-of section 8140 necessitates the Assistant away from Cover as well as the Movie director of your Office regarding Management and you will Funds (OMB) so you can together build requirements having qualifications having lead financing and you can financing guarantees you to limitation Federal contribution when you look at the a venture consistent with the conditions towards the budgetary treatment provided for in the section 504 of your own Federal Credit Reform Operate out-of 1990 (FCRA; 2 U.S.C. 661c) and you can according to research by the pointers part of the 1967 Statement of the President’s Payment with the Funds Maxims. All the individuals distribution programs to possess investment lower than that it NOFA must complete answers with the Point 8140 Qualification Conditions. OSC and you can OMB can do an alternative overview of the brand new solutions with the Point 8140 Eligibility Requirements solutions and see if the software fits the new standards.

Federal Qualifications Threshold Concerns

1. Is the potential debtor trying financial support to have a job or deal to manufacture an occurrence, tool, advantage, and/or services whereby the federal government ‘s the sole member?

2. ‘s the possible borrower seeking investment to own a task or transaction to make an profitable site occurrence, tool, resource, and/otherwise provider where cost was bulk influenced by current or forecast Government sources ( e.grams., features or deals)? Continue reading “Regarding the lack of an OSC financing, is the enterprise financially feasible ( e” →