Application evaluation and selection.

CFR · 2024-01-01 · US · Title 7

(a) Rural Development will evaluate the application and score it based on the selection factors in this section. All applications will be ranked on a nationwide basis, based on the total points scored. (b) The application will be evaluated and scored using the information provided in accordance with § 4280.39(b)(2) of this subpart. (1) (i) Is a for-profit business, Business Incubator, industrial building or park, or an infrastructure connection project (such as streets or utilities)—20 points; (ii) Provides Technical Assistance to rural businesses or rural residents, or educates or provides medical care to rural residents—20 points; (iii) Will enhance rural economic development by providing Advanced Telecommunications services and computer networks for medical, educational, and job training services. This review will be based on the application's telecommunications design—20 points. (2) (3) (4) (5) (6) (ii) If the Project is physically located in an incorporated area having a population of 1,250 to 2500, Rural Development will award 10 points. (7) (8) (9) (10) (11) The business plan for the Applicant's Ultimate Recipient will be evaluated by Rural Development and must include: (i) A description of the business or Project plans, its management, and, if applicable, its products and operating plans. (The business plan evaluated by Rural Development for Advanced Telecommunications will be its telecommunications and engineering design)—up to 15 points; and (ii) An appropriate fina

official document · source cfr-2024 · id 7:§ 4280.42