2 Del. Admin. Code § 2312-5.0
Current through Register Vol. 28, No. 5, November 1, 2024
Section 2312-5.0 - Application Procedure5.1 Applicants may obtain Application forms through DelDOT.5.2 To apply for the Grant, an Applicant must submit a completed Application concerning the Project to DelDOT. Each Application must include the written certification of at least one Public Endorser for the Project, a narrative of the Transportation Infrastructure needed to support the Project outlining both the direct need and the benefits to the general public, proof of employment standards, financial stability and economic sustainability.5.3 Completed Applications will be reviewed by the DelDOT and the Division of Small Business. DelDOT and the Division of Small Business shall use its reasonable best efforts to complete its review of the Application within sixty (60) days from the Application deadline. No application will be reviewed by the Council until it is complete to the satisfaction of DelDOT and Division of Small Business.5.4 Applications will be accepted on a quarterly basis, unless otherwise directed by the Council.5.5 Any business applying to the Transportation Infrastructure Investment Fund shall validly exist as a corporation, limited liability company or other regulated entity and shall be in good standing under the laws of the State of Delaware, duly qualified to do business and shall be in good standing in each other jurisdiction in which its conduct of business requires such qualification. Such applying business shall possess required business and professional licenses in accordance with Titles 24 and 30 of the Delaware Code.2 Del. Admin. Code § 2312-5.0
23 DE Reg. 400 (11/1/2019) (Final)