Section 365.160 Application Process

a)         In order to receive a loan under the WPCLP, loan applicants must apply to the Agency using the loan application process outlined in Subpart C. The process requires that:

1)         the loan applicant submits a Funding Nomination Form pursuant to Section 365.310;

2)         the loan applicant submits a Project Plan pursuant to Section 365.320;

3)         the project undergoes State environmental review under Section 365.330;

4)         the project be placed on the Project Priority List pursuant to Section 365.340; and

5)         the loan applicant submits the following information:

A)        a loan application as required by Section 365.350(a);

B)        contracts for personal or professional services as required by Section 365.350(b);

C)        a construction permit application, if necessary, as required by Section 365.350(c);

D)        pre-bidding plans and specifications with certification form, as required by Section 365.350(d); and

E)        bidding evaluation and certification forms as required by Section 365.350(e).

b)         Loan applicants shall not execute a notice to proceed authorizing the initiation of construction until the loan agreement has been fully secured and executed.

(Source:  Amended at 43 Ill. Reg. 11141, effective October 1, 2019)