Okla. Admin. Code § 93:10-3-3

Current through Vol. 42, No. 3, October 15, 2024

Section 93:10-3-3 - Capital expenditures

(a) In accordance with Section 35.6(b)(4) of the Treasury Final Rule, grantees expending $1,000,000 or more for capital expenditures related to the response to the COVID-19 public health emergency or its negative economic impacts, must provide the following written justification:

(1) A description of the specific harm or need to be addressed, and why the harm was exacerbated or caused by the public health emergency. The grantee may provide quantitative information on the extent and the type of harm, such as the number of individuals or entities affected.

(2) An explanation of why a capital expenditure is appropriate. For example, a grantee should explain why existing equipment or facilities, or policy changes or additional funding to pertinent programs or services, would be inadequate.

(3) A comparison of the proposed capital project against at least two (2) alternative capital expenditures and a demonstration of why the proposed capital expenditure is superior. Grantees should consider the effectiveness of the capital expenditure in addressing the harm identified and the expected total cost (including pre-development costs) against at least two (2) alternative capital expenditures.

(b) Funding for grantees expending $1,000,000 or more of a Broadband Governing Board Grant for capital expenditures will not be distributed until the complete written justification for capital expenditure as detailed above is received and approved by

(1) The BGB and OMES as to an ARPA grant, or

(2) The BGB as to an IIJA grant.

(c) If the capital expenditures amount to $10,000,000 or more, the written justification will also have to be submitted as part of regular reporting.

Okla. Admin. Code § 93:10-3-3

Adopted by Oklahoma Register, Volume 40, Issue 24, September 1, 2023, eff. 9/11/2023