%PDF-1.4 %���� h�b```f``Ja`e`��� Ā B,@Q�͞����0M�{[�P2BI*�z䇞֎��l$�ꁀ��)�;�b ��~�� ��V�K��MX��Hv]�m�[d�T}�^|�� � �+�E!Vr20]���� �y��B��* �O)� See Supplement X for updated Application Submission Schedule. 110-5 (the “2007 Appropriations Act”); (b) Omnibus Appropriations Act, 2009, P.L. Section 1703 of Title XVII (section 1703) authorizes the Secretary of Energy (Secretary) to make loan guarantees for projects that: (1) Avoid, reduce, or sequester air pollutants or anthropogenic emissions of greenhouse gases; and (2) employ new or significantly improved technologies as compared to commercial technologies in serv… Specifically, the Part I application fee has been reduced from, $75,000 to $50,000 and the Part II application fee has been reduced from $925,000 to $350,000, for applications requesting more than $150 million in loan guarantees. Section 1702 (b) (2) of the Energy Policy Act of 2005, Pub. Title XVII of the Energy Policy Act of 2005 (42 USC Sec. The official NOPR was published August 7, 2009 in the Federal Register. The amount of total loan guarantee authority available pursuant to this Solicitation will depend on credit subsidy rates. No. endstream endobj 28 0 obj <>stream Under the Renewable Energy and Efficient Energy Projects solicitation, DOE will make available up to $3 billion in loan guarantee authority, plus an additional amount that can be imputed based on the availability of an appropriation for the credit subsidy cost of such imputed loan guarantee authority. This program was authorized by Title XVII of the Energy.

��|`�� )�6;��(wh�*�6��ʪ��;+��S�� R�y�qp�� 8��wAe�}v��;��Z^Pl�m')[�UņL�U.^����j��Q�U)Ԙ�)�?��1{h.� 111-8, as amended by Section 408 of the Supplemental Appropriations Act, 2009, P.L. Potential applicants may also address questions on cargo preference to the Maritime Administration’s Office of Cargo and Commercial Sealift at (202) 366-4610 or via email to cargo.marad@dot.gov. Subject to limited exceptions that are set forth in the 2009 Appropriations Act and the 2011 Appropriations Act, DOE may not be able to issue loan guarantees to projects using funds appropriated under those acts that will benefit directly or indirectly from certain other forms of federal support, such as grants or other loan guarantees from federal agencies or entities, including DOE, federal agencies or entities as a customer or off-taker of the Project’s products or services, or other federal contracts,  including acquisitions, leases and other arrangements, that support the Project. Under Section 1703, the federal government can guarantee 80 percent of a project’s total cost.

0 to its Section 1703 loan guarantee program. endstream endobj 27 0 obj <>stream endstream endobj startxref The risk-based methodology may be applied to any Title XVII application. As such, an applicant seeking a DOE loan guarantee under Section 1703 for a project that has commenced such construction prior to the issuance of such a loan guarantee will have to make any necessary wage adjustments no later than the closing of the DOE guaranteed loan.

In accordance with DBA regulations at 29 CFR §1.6(g), the DBA must be complied with beginning with the construction of a project, regardless of when the issuance of the DOE loan guarantee has occurred. �-��1!o��7!�� '� LPO is not currently authorized to issue additional loan guarantees under Section 1705 of Title XVII.

View Application Deadline Calendar. These requirements may apply to shipments contracted for or made prior to receiving a loan guarantee. Until the 2011 Continuing Resolution, loan guarantees issued under Section 1703 of the program have been self‐pay, meaning the industry is required to pay the subsidy cost, or cost of the default risk, to the federal government for granting the loan guarantee. 16511-16514) (referred to as Title XVII).

Loan Guarantee Solicitation. 16511, et. AVAILABLE LOANS & LOAN GUARANTEES. Under DOL regulations at 29 CFR 5.5(a)(6), a borrower who receives a loan guarantee under the Title XVII loan program is responsible for DBA compliance by all contractors and subcontractors. H��Wmo�6��_��1�����5Y�a�
Applicants should review the final solicitation AND all supplements before submitting an application. seq.) This copy of the NOPR is being provided for public convenience. h��Xmo�8�+��Պ��_�U��.-w���C Renewable Energy & Efficient Energy Projects. 110-5 (the “2007 Appropriations Act”) and (b) Omnibus Appropriations Act, 2009, P.L. 112-10 (the “2011 Appropriations Act”) (the 2007, 2009, and 2011 Appropriations Acts are referred to herein collectively as the “Appropriations Acts”).

111-8, as amended by Section 408 of the Supplemental Appropriations Act, 2009, P.L. endstream endobj 23 0 obj <> endobj 24 0 obj <> endobj 25 0 obj <>stream 13201, 104 Stat 1388, 1388-610 (Nov. 5, 1990), codified … �,B?t���,�'د�*�~��� ���VJ�{A���w�e0W������7faN���H��� >d��O� ׇjs The Final Rule (January 17, 2017) is also available at the Electronic Code of Federal Regulations. The U.S. Department of Energy is authorized to issue loan guarantees pursuant to Title XVII of the Energy Policy Act of 2005. DOE’s authority to issue this amount of loan guarantees was provided by the (a) Revised Continuing Appropriations Resolution, 2007, P.L. DOE’s authority to issue this amount of loan guarantees remains available until committed. T@?$��ڲ�!�. Various federal environmental laws apply to DOE loans and loan guarantees, including Title XVII loan guarantees. On October 3, 2016, the Department published a Notice of Proposed Rulemaking and Opportunity for Comment (NOPR) to make certain changes to the existing regulations for the loan guarantee program authorized by Section 1703 of Title XVII. 594, 1117-18 (Aug. 8, 2005), confers upon the Department of Energy independent authority to make loan guarantees, notwithstanding the requirements imposed by the Federal Credit Reform Act of 1990 (FCRA), Pub.

All projects that receive a loan guarantee under Title XVII must comply with the Cargo Preference Act of 1954, which establishes certain requirements for the use of U.S. flagged vessels in the movement of cargo in international waters. h�bbd```b``f�� �q�d������d�"Y�����K��R�m��S0�L*�H��"���$cZ0��>DVׁD��&������� 誥`�00R�?ӯg Y��

The Department published this technical amendment to the regulations for the loan guarantee program authorized by Section 1703 of Title XVII to incorporate, without substantive change, an amendment to Section 1702(b) of Title XVII enacted by Section 305 of the Consolidated Appropriations Act of 2012. Peter W. Davidson served as Executive Director of the Loan Programs Office (LPO) at the U.S. Department of Energy from May 2013 to June 2015. Under the Advanced Nuclear Energy Projects solicitation, DOE will make available up to $12.5 billion in loan guarantee authority. The Section 1705 Loan Program authorized loan guarantees for U.S.-based projects that commenced construction no later than September 30, 2011 and involved certain renewable energy systems, electric power transmission systems, and leading edge biofuels. endstream endobj 26 0 obj <>stream Mr. Davidson oversaw the program’s more than $30 billion portfolio of clean energy and advanced vehicle loans and loan guarantees, making it the largest project finance organization in the U.S. government.

22 0 obj <> endobj Loan guarantees under Title XVII of the Energy Policy Act of 2005 require that  laborers and mechanics employed by contractors and subcontractors in the performance of construction (as defined in Department of Labor (DOL) regulations at 29 CFR 5.2(j)) financed in whole or in part by such loan guarantee be paid at rates not less than those prevailing on projects of a character similar in the locality of the project, as determined by the Secretary of Labor in accordance with the Davis Bacon Act (DBA). Please see the Department of Labor DBA website for more information and links to the DBA and its regulations. 1703 Program ‐ When first authorized, the loan guarantee program only provided loan guarantees under Section 1703 of Title 17 of the Energy Policy Act of 2005.

DOE urges applicants to contact the Maritime Administration directly to ensure that relevant project agreements provide for compliance with the Cargo Preference Act. On August 7, 2009, the Department published a Notice of Proposed Rulemaking and Opportunity for Comment (NOPR) to make certain changes to the existing regulations for the loan guarantee program authorized by Section 1703 of Title XVII. 111-8, as amended by Section 408 of the Supplemental Appropriations Act, 2009, P.L. DOE’s authority to issue this amount of loan guarantees was provided by the (a) Revised Continuing Appropriations Resolution, 2007, P.L. This program was authorized by Title XVII of the Energy Policy Act of 2005 and issues loan guarantees to eligible innovative energy projects. ��,B�V���*�|ւ��t�;�:�?l��%��F�F�u���+ ��2�Q��7.�+���BF��Q��8�K�Π�� tV9퐬B}���:�yv� 6�� No. All loan guarantees issued under the program can provide financing for up to 80% of the cost of the project, making the federal government the only real entity taking risk for many of these projects.

There is an exception if the Administrator of the Wage and Hour Division, Employment Standards Administration at DOL finds that (i) such relief is necessary and proper in the public interest to prevent injustice or undue hardship and (ii) there was no evidence of intent to apply for federal funding or assistance prior to the start of construction. H�TP=o� ��[u�p�n���뒡j��89��C����Ru��=������.�`zL0:o ���A���<4�3iG5�YG�Y�oK¹�c��e�#'�D� ��A�#�����G����~��g� (G�//:���W�9lAV�쳃�%j����� The many problems that plague the DOE loan guarantee program, impact loan guarantees from both the Section 1703 and 1705 loans. The American Recovery and Reinvestment Act (ARRA) provided authority for the Department to issue loan guarantees under Section 1705 of Title XVII for U.S. based projects that commenced construction not later than September 30, 2011. L. No. 46 0 obj <>/Filter/FlateDecode/ID[]/Index[22 53]/Info 21 0 R/Length 117/Prev 189064/Root 23 0 R/Size 75/Type/XRef/W[1 3 1]>>stream ��� L. No. The objectives of the revised rule are to eliminate unused provisions and needless hurdles, streamline the application process, improve the user experience, increase transparency, reduce paperwork, and use plain English wherever possible. On October 23, 2007, the Department published a final rule establishing regulations for the loan guarantee program authorized by Section 1703 of Title XVII, which authorizes the Secretary of Energy to make loan guarantees for projects that “avoid, reduce, or sequester air pollutants or anthropogenic emissions of greenhouse gases; and employ new or significantly improved technologies as compared to commercial technologies in service in the United States at the time the guarantee is issued.”.