Oklahoma Administrative Code (Last Updated: March 11, 2021) |
TITLE 730. Department of Transportation |
Chapter 10. Department Programs |
Subchapter 21. Oklahoma State Infrastructure Bank |
SECTION 730:10-21-6. Eligible projects
Latest version.
- An eligible project will be the construction, restoration, or replacement of public transportation facilities, limited to highways, bridges, roads, streets, rail crossings, and right of way acquisition that would enhance the economic development of Oklahoma or provide safety to its citizens. Projects funded from the federal capitalization of the OSIB must comply with all applicable federal, state, and local laws, rules, and regulations. Projects funded from the repayment account are relieved from the federal laws, rules and regulations but must meet state and local requirements.