N.J. Admin. Code § 16:56-4.4

Current through Register Vol. 57, No. 1, January 6, 2025

Section 16:56-4.4 - Offer

(a) The Department will send a notification of award and a written offer for a grant or loan to the applicant within 30 days after all reviews and approvals have been received.

(b) An applicant who receives a grant or loan has 14 days from the date of receipt to accept the offer. If a meeting of a governing council or regulatory agency is required prior to the acceptance of an offer, the applicant has seven calendar days after the meeting to accept an offer. Acceptance may be made by mail or fax to the following:

New Jersey Department of Transportation

Office of Grants Management

Division of Multimodal Services

PO Box 600

Trenton, New Jersey 08625-0600

Fax: (609) 530-5270

(c) Failure to respond within the designated timeframes will be considered a rejection of the offer.

(d) Acceptance of an offer is nonbinding on both the Department and the applicant until an agreement between the Department and the applicant is executed by the Department. The Department may withdraw an offer of financial assistance at any time prior to the signing of the agreement.

(e) Upon the receipt of an acceptance of an offer, the Office may require the submission of additional information including, but not limited to:

1. An Application for New Aeronautical Facility License or Alteration, as required under N.J.A.C. 16:54; and

2. A completed copy of Notice of Landing Area Proposal or Notice of Proposed Construction or Alteration (FAA Forms 7480-1 or 7460-1 as it may be amended or superseded).

N.J. Admin. Code § 16:56-4.4

Recodified in part from N.J.A.C. 16:56-3.4 and N.J.A.C. 16:56-3.5 and amended by R.2014 d.055, effective 4/7/2014.
See: 45 N.J.R. 2191(a), 46 N.J.R. 638(a).
Rewrote the section.

Amended by 53 N.J.R. 1146(c), effective 7/6/2021