P.R. Laws tit. 13, § 10428
(a) The operation of the Green Energy Fund shall be under the supervision of an Evaluating Committee composed of three (3) ex officio members, to wit: the Secretary of Development, the President of the Government Development Bank, and the Secretary of the Treasury, or their respective proxies.
(b) The Evaluating Committee shall be chaired by the Secretary of Development.
(c) The Evaluating Committee shall determine the internal procedures and shall assemble periodically or as necessary to comply with the purposes of this chapter.
(d) The functions of the Evaluating Committee shall be the following, among others:
(1) To receive and review periodic reports of the Administration on the incentives granted to small-scale green energy projects, under § 10429(a)(1) of this title.
(2) To certify the quarterly competitive adjudication process under § 10429(a)(2)(A) of this title, including medium-scale green energy projects selected on each competitive adjudication for the purpose of the incentives provided in § 10429(a)(2) of this title.
(3) To approve any disbursement of five hundred thousand dollars ($500,000) or more from the Green Energy Fund.
(4) To receive and review periodic reports of the Administration on the operations of the Green Energy Fund, including but not limited to, the income and disbursements thereof, amounts earmarked for future disbursements; administrative expenses; green energy projects and programs established or in process; future projections and strategic plan to achieve the goals and objectives of this chapter.
History —July 19, 2010, No. 83, § 2.7.