4284.638—Application processing.
(a) Applications.
(1)
Applicants will file an original and one copy of “Application For Federal Assistance (For Nonconstruction),” with the Agency State Office (available in any Agency office).
(i)
Copies of applicant's organizational documents showing the applicant's legal existence and authority to perform the activities under the grant;
(ii)
A proposed scope of work, including a description of the proposed project, details of the proposed activities to be accomplished and timeframes for completion of each task, the number of months duration of the project, and the estimated time it will take from grant approval to beginning of project implementation;
(A)
An explanation of why the project is needed, the benefits of the proposed project, and how the project meets the grant selection criteria;
(B)
Area to be served, identifying each governmental unit, i.e., town, county, etc., to be affected by the project;
(C)
Description of how the project will coordinate economic development activities with other economic development activities within the project area;
(E)
An explanation of how the proposed project will result in increased or saved jobs in the area and the number of projected new and saved jobs;
(F)
Description of the applicant's demonstrated capability and experience in providing the proposed project assistance or similar economic development activities, including experience of key staff members and persons who will be providing the proposed project activities and managing the project;
(H)
Brief description of how the work will be performed including whether organizational staff or consultants or contractors will be used; and
(iv)
The latest financial information to show the organization's financial capacity to carry out the proposed work. At a minimum, the information should include the most recent balance sheet and an income statement. A current audited report is required if available;
(v)
An evaluation method to be used by the applicant to determine if objectives of the proposed activity are being accomplished; and
(vi)
Intergovernmental review comments from the State Single Point of Contact, or evidence that the State has elected not to review the program under Executive Order 12372.
(b) Letter of conditions.
The Agency will notify the approved applicant in writing, setting out the conditions under which the grant will be made.
(c) Applicant's intent to meet conditions.
Upon reviewing the conditions and requirements in the letter of conditions, the applicant must complete, sign and return a “Letter of Intent to Meet Conditions,” to the Agency; or if certain conditions cannot be met, the applicant may propose alternate conditions to the Agency. The Agency must concur with any changes proposed to the letter of conditions by the applicant before the application will be further processed.