Subject
Rule 62-503.200, F.A.C., is being amended to incorporate new definitions and revisions to existing definitions. New definitions for “Inflow/Infiltration project,” “planning loan,” “design loan,” and “construction loan” are proposed to provide clarification on the requirements of each type of loan available. New definitions have also been included for “green project,” to establish the eligibility criteria, and “segment cap,” to clarify the annual maximum amount available to any one project sponsor. Rule 62-503.300, F.A.C., establishes new deadlines for project submittals, clarifies allowable and unallowable project costs, and adds planning loans, design loans, sanitary sewer evaluation study loans and inflow/infiltration rehabilitation loans. This rule also establishes a new formula for calculating the financing rate, including incentives for asset management plans and green project design, and clarifies how projects are placed on the fundable and contingency lists. The various loans added by the proposed revisions will address timing issues encountered with the current rule. Revisions to Rule 62-503.430, F.A.C., proposes language for the planning, design, SSES, and I/I rehabilitation loans. Other minor clarifications are also proposed. The proposed changes to Rule 62-503.500, F.A.C., incorporate anticipated federal requirements for the program, allowing principal forgiveness and reserved funds for green projects as required by the federal government. Proposed revisions to Rule 62-503.600, F.A.C., incorporate various changes to the priority system anticipated in the Clean Water Act as well as promoting Department objectives. 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 for design/build and construction manager at risks construction contracts.