Summary
Rule 62-503.200, F.A.C., is being amended to incorporate new definitions and to revise existing definitions. New definitions for “continuing contract,” “cost-effective,” and “fiscal sustainability plan,” have also been included. It includes reference to an amended form RFI 1, Request for Inclusion on the Clean Water Priority List. Rule 62-503.300, F.A.C., clarifies documentation requirements, revises the notice deadline for public meetings, adds Department acceptance of processes for design or construction loans, gives examples of documented acute or chronic public health hazards, extends green projects to include other sanitary sewer overflow projects with respect to priority scoring, includes projects installing wastewater transmission facilities to be constructed concurrently with construction projects occurring within or along a transportation right-a-way for priority scoring, adds land and wastewater system acquisition to timely submitted project for priority scoring, removes unnecessary priority list development requirements, provides more concise language regarding allowable costs, clarifies allowable and ineligible costs, applies a fixed financing rate to amendments of an agreement, and details requirements for financing rate reductions. It includes a revision to make the interest rate "floor" 0.2 percent instead of 0 percent and revise the interest rate reductions for compliance with American Iron and Steel and Davis-Bacon wage rates to a combined total of 0.5 percent. It adds a financing rate reduction for sponsors that fund a nontraditional project. It adds a verification of the debt coverage through a certified public accountant for non-governmental sponsors. Revisions to Rule 62-503.430, F.A.C., include certification of a loan recipient that the loan recipient is not on the governmentwide exclusion list in System for Award Management (SAM), adds details regarding disbursements, sets repayment periods and removes annual certification requirements that are now obsolete. It includes a reference each to amended Form Application 1, State Revolving Fund Loan Program for Point Source Water Pollution Control Loan Application and Form Application 2, State Revolving Fund Loan Program for Nonpoint Source Water Pollution Control Loan Application. The proposed changes to Rule 62-503.500, F.A.C., replace the term innovative/alternative with green. The proposed changes to Rule 62-503.700, F.A.C., are intended to clarify what is expected in planning and design documents as well as the procurement process and list requirements for fiscal sustainability plans. Revisions to Rules 62-503.751 and 62-503.800, F.A.C., are minor updates and clarifications.
OTHER RULES INCORPORATING THIS RULE: 62-505.200, 62-505.300, and 62-505.350, F.A.C.
EFFECT ON THOSE OTHER RULES: The references to 62-503, F.A.C., that are currently in 62-505, F.A.C., will be amended as necessary to reflect changes in 62-503.