SECTION 150:80-1-5. Fund distribution

(a)   All program funds will be distributed to eligible applicants in accordance with the State Plan. The funds distribution formula expressed in the State Plan will be based on Federal program requirements and appropriate State program requirements. The program funds are competitive and shall be awarded to eligible applicants through an application process developed annually by the Department.

(b)   The State Plan will specify program criteria and requirements which establish a cost-shared grant program to fund Technical Assistance and Energy Conservation Measures in eligible institutions.

(c)   The State Plan will specify amount of funds to be allocated for each funding category based upon annual allocation of funds authorized by DOE.

(d)   The State Plan will specify grant maximums for each funding category based upon annual allocation of funds received from DOE. Grant maximums will apply to all applications submitted in the program year cycle.

(e)   The Department reserves the right within its discretionary authority to adjust funding amounts to less than that which was originally proposed by an eligible applicant based on the most efficient and equitable utilization of the funds.

(f)   The Department occasionally receives Petroleum Violation Escrow (PVE) funds to supplement the Institutional Conservation Program. These funds are to be treated as federal appropriated funds, unless otherwise stated in the State Plan.

(g)   The Department is authorized to establish cost-shared energy conservation grant programs to fund Technical Assistance (TAs) in public and private non-profit schools, hospitals, buildings owned by units of local government and public care institutions and to fund the purchase and installation of Energy Conservation Measures (ECMs) in schools and hospitals.

[Source: Added at 12 Ok Reg 3005, eff 7-27-95]