Current through December 26, 2024
Section 250-RICR-140-30-2.11 - Application Review and Selection2.11.1 Application ReviewA. The Review Committee shall review all applications to determine eligibility and completeness. In order to satisfy the eligibility determination, the following criteria will be considered: 1. The applicants and their proposed projects must meet the requirements of §§ 2.9 and 2.10 of this Part.2. The Director shall establish a Review Committee to review the completed applications. All complete applications shall be subject to review by, up to (3) members of the Department, and at least one (1) member selected by the Director from outside the Department.3. Projects accepted by the Department as complete and consistent with these regulations will be ranked based upon the following criteria, which shall be applied so as to promote the goals and requirements of these Regulations: a. The economic impact, applicant/private funds leveraged, potential permanent jobs created, tax revenues enhanced and the public benefits derived from the project;b. The beneficial environmental impact to the land and waters of the State through remediation;c. The estimated costs, and cost effectiveness, of assessing and remediating the Brownfield to get it to redevelopment;d. Expansion of existing businesses that create more permanent jobs, tax revenue, and environmental benefit;e. Ability of applicant/developer to complete the project, including financial solvency, past experience of similar projects, and likelihood of success;f. Readiness and timeliness to proceed.4. Applicants may request a de-briefing on their application package scoring after awards are announced. At least one member of the Review Committee shall be present for the de-briefing and requests for de-briefings must be made in writing within thirty (30) days of the relevant grant announcement and shall be accommodated within ninety (90) days of the request.5. Recommendations for awards will be made to the Director on the basis of a majority vote of the Review Committee. The final decision on any award shall be made by the Director.250 R.I. Code R. 250-RICR-140-30-2.11
Amended effective 4/22/2020