Section Env-A 4804.06 - Review of Applications, Updates, and Notices of Intent to Bid(a) The regional organization shall review each application for qualification, each update, and each notice of intent to bid that is submitted as specified in the CO2 allowance auction notice.(b) If a submittal is determined to be incomplete or if the information provided is insufficient to allow the department to determine that the applicant is qualified to participate, the department shall direct the regional organization to so inform the applicant and state the reason(s) therefore. An applicant whose submittal is determined to be incomplete or deficient shall be given no less than 5 business days and no more than 10 business days to provide additional information and to cure the deficiencies.(c) In reviewing a submittal, the regional organization, in consultation with the department, shall consider the information submitted by the applicant and any other information regarding the applicant that is known to the department.(d) The department shall direct the regional organization to accept the submittal if the applicant demonstrates that it has the ability and authority to execute bids and honor contractual obligations. If the department determines that conditions are required in order to ensure that associated entities do not collectively bid on greater than 25% of the allowances available at that auction, not including the CCR allowances, the department shall direct the regional organization to accept the submittals with conditions.(e) The regional organization shall notify the applicant of the department's decision and any conditions of acceptance. If the applicant is found to not be qualified to participate in the auction, the notice shall specify the reason(s) for the decision.N.H. Code Admin. R. Env-A 4804.06
#9284, INTERIM, eff 10-1-08, EXPIRED: 3-30-09
New. #9445, eff 4-3-09 (from Env-A 4804.05); ss by #10470, eff 1-1-14