N.H. Admin. Code § He-A 503.03

Current through Register No. 2, January 9, 2025
Section He-A 503.03 - Processing of Applications and Issuance of Approvals
(a) An application for an initial approval shall be complete when the department determines that all items required by He-A 503.02(a) have been received.
(b) If an application does not contain all of the items required by He-A 503.02(a) , the department shall notify the applicant in writing of the information required before the application can be processed.
(c) After written notice in (b) above and the applicant's failure to provide missing information, an incomplete application shall not be processed.
(d) Applicants shall be notified within 90 days of receipt of a complete application as to the status of their application.
(e) The commissioner shall approve an IDCMP if the commissioner determines that the applicant has:
(1) Submitted to the department a complete application;
(2) Demonstrated professional capability by meeting the staffing requirements in He-A 504.04(g) and (h) ;
(3) Demonstrated at least one year's experience in providing impaired driver services at least comparable to an IDCMP and an IDEP;
(4) Demonstrated financial viability based on an analysis that includes, but is not limited to, the following:
a. Level of debt including management and provisions for debtors;
b. Cash management and internal control policies and procedures;
c. The most recent full-year audited financial report prepared in accordance with Generally Accepted Accounting Principles (GAAP);
d. In the event that the agency is a start-up organization, in lieu of an audited financial report in c. above, a business plan which includes the following:
(i) Executive summary that highlights the mission and vision in 2 pages or less;
(ii) Company summary that provides a factual description of the organization, ownership, and history;
(iii) Description of services to be provided and how they compare to that of competitors;
(iv) Market analysis that summarizes the client base, competitive landscape, market area, and expected market growth;
(v) Management summary that describes the background on the management team, their experiences, and key accomplishments; and
(vi) Financial plan that contains key financials including projected revenues, cash flow, and profits; and
e. Ratio analysis that takes into account:
(i) Liquidity;
(ii) Capital structure;
(iii) Equity profile; and
(iv) Going concern considerations; and
(5) Demonstrated compliance with all applicable requirements of He-A 500.
(f) As a condition of approval, an IDCMP shall be an approved ATR provider and actively enroll clients in the ATR program.
(g) Applications may be submitted anytime throughout the year.
(h) All approvals issued shall be non-transferable.

N.H. Admin. Code § He-A 503.03

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