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Oklahoma Administrative Code (Last Updated: March 11, 2021) |
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TITLE 785. Oklahoma Water Resources Board |
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Chapter 50. Financial Assistance |
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Subchapter 7. Water and Sewer Program (State Loan Program Revenue Bond) Requirements and Procedures |
SECTION 785:50-7-4. Evaluation procedures for funding special projects
Latest version.
- The following evaluation and selection criteria shall be considered by the Board in reviewing applications for special projects contract financial assistance under the water and sewer program:(1) The needs of the area to be served by the project in relation to the needs of other areas requiring state assistance;(2) The benefit of the project to the area to be served by the project;(3) Whether the applicant has previously received financial assistance by a grant from the Board;(4) The extent of local participation, if any, in the project.(5) As a prerequisite for application approval and funding, the project must be cost effective.