New York Codes Rules Regulations (Last Updated: March 27,2024) |
TITLE 5. Department of Economic Development |
Chapter VIII. Office of Waste Prevention Services |
Part 70. Waste Prevention Program |
Sec. 70.11. Evaluation criteria
Latest version.
- (a) Applications for feasibility studies shall be evaluated using the following criteria:(1) the extent to which preliminary economic and/or technical work has determined that the waste prevention technology and/or practice to be studied is likely to be employed or become commercially viable;(2) the potential for applying the results of the feasibility study to other business enterprises;(3) the potential impact that the feasibility study results would have on reducing the amount of waste requiring disposal;(4) the potential environmental benefits to the State to be derived from the waste prevention technology and/or practice being studied;(5) the potential cost savings to the business to be derived from the waste prevention technology and/or practice being studied;(6) the total cost of the feasibility study, including the degree to which the requested grants would leverage matching cash funds from the applicant and other sources;(7) the ability and qualifications of the person or firm to perform the feasibility study;(8) the financial need of the applicant; and(9) the degree of the applicant's ability and commitment to implement the feasibility study results.(b) Applications for program assistance, other than feasibility studies, shall be evaluated using the following criteria:(1) conformity with program eligibility requirements;(2) soundness of the business enterprise;(3) credit history;(4) depth of management experience;(5) ability to repay the loan;(6) potential impact of the project on reducing the quantity of waste requiring disposal;(7) the adequacy of the collateral available to secure the loan; and(8) such other criteria as the department may deem appropriate.