Rule 413-7-1-.07 - Application Submission Procedures(1) The application procedure for the BRIDGE Fund includes an optional Preapplication phase and an Application phase. The purpose of the Preapplication is to provide: A) a determination of a proposed activity or activities eligibility for BRIDGE Fund financing;B) a determination on whether the proposed activity or activities and broader project can meet the basic BRIDGE Fund thresholds and be competitive under the rating and review system as outlined in Section 413-07-1-.08(6) and C) an opportunity to obtain Pre-Agreement Cost Approval (PACA) from the Authority so that projects may obtain interim financing and proceed with certain identified project activities prior to receipt of an actual Grant or Loan Agreement.(2) Eligible applicants may submit Preapplications and/or Applications for consideration at any time. The OneGeorgia Authority strongly encourages potential applicants to contact the Authority or DCA to arrange a Preapplication review prior to submitting an Application.(3) Preapplications and/or Applications may be submitted individually by an eligible applicant, or jointly by two (2) or more applicants. Joint submissions must contain a copy of the Cooperating Agreement entered into by the cooperating units of government. The Agreement should designate the applicant that will serve as lead recipient should the project be funded.(4) Preapplications and Applications for the BRIDGE Fund must be submitted in conformance with the format and applicable instructions specified by the OneGeorgia Authority.Ga. Comp. R. & Regs. R. 413-7-1-.07
O.C.G.A. Sec. 50-34-1et seq.
Original grant description entitled "Application Submission Procedures" submitted April 28, 2006.