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CFR · 2024-01-01 · US · Title 7

(a) Applications for participation and requests for payments under this subpart will be accepted as specified in the FSA announcement(s) in a given fiscal year through the end of the announced sign up period on a continuous basis, subject to the availability of funds. (b) An eligible material owner must apply to participate in the matching payments component of BCAP before delivery is made to a qualified biomass conversion facility and before payment for the eligible material is received from the qualified biomass conversion facility. The application must be submitted to the FSA county office servicing the tracts of land where the collection and harvest will occur and must be approved by CCC, before any delivery is made to or payment is made by the qualified biomass conversion facility for the eligible material. (c) Applications must include the following: (1) Based on information obtained from contracts, agreements, or binding letters of intent: (i) An estimate of the total dry tons of eligible material expected to be sold to the qualified biomass conversion facility; (ii) The type(s) of eligible material that is expected to be sold; (iii) The name of the qualified biomass conversion facility that will purchase the eligible material; (iv) The expected, fair market, per dry ton payment rate the owner plans to receive for the delivery of the eligible material; and (v) The date or dates the eligible material is expected to be delivered to the qualified biomass conversion facili

official document · source cfr-2024 · id 7:§ 1450.104