Policies and Procedures for Loan Guarantees for Projects That Employ Innovative Technologies and for Direct Loans Under the Advanced Technology Vehicles Manufacturing Program
other · US Department of Energy · Published 2021-01-15 · Effective 2021-01-15 · 86 FR 3747
Document
Document number
2020-29278
Federal Register citation
86 FR 3747
CFR reference
10 CFR 609
Type
Rule
Action
Final rule.
Category
other
Sub-agency
US Department of Energy
Publication date
2021-01-15
Effective date
2021-01-15
Abstract
The U.S. Department of Energy (DOE) Loan Programs Office (LPO) establishes amended policies and procedures for the issuance of DOE loan guarantees pursuant to the Title XVII Program and funding awards and loans pursuant to the Advanced Technology Vehicles Manufacturing Program in accordance with the Executive order of September 30, 2020, entitled "Addressing the Threat to the Domestic Supply Chain from Reliance on Critical Minerals from Foreign Adversaries". The rule will establish revised policies and procedures for receiving, evaluating, and approving applications for loan guarantees, funding awards and loans from DOE. The rule will refine the definition of "Eligible Project" and address the use of Preliminary Term sheets and conditional commitments, as well as the payment of costs and fees by non-Federal third parties.