[Code of Federal Regulations]
[Title 13, Volume 1]
[Revised as of January 1, 2007]
From the U.S. Government Printing Office via GPO Access
[CITE: 13CFR301.9]

[Page 605]
 
                TITLE 13--BUSINESS CREDIT AND ASSISTANCE
 
CHAPTER III--ECONOMIC DEVELOPMENT ADMINISTRATION, DEPARTMENT OF COMMERCE
 
PART 301_ELIGIBILITY, INVESTMENT RATE AND PROPOSAL AND APPLICATION 
 
  Subpart E_Proposal and Application Requirements; Evaluation Criteria
 
Sec.  301.9  Proposal selection criteria.

    (a) EDA will review completed proposal materials for compliance with 
the requirements set forth in PWEDA, this chapter, the applicable FFO 
and other applicable Federal statutes and regulations. From those 
proposals that meet EDA's technical and legal requirements, EDA will 
select proposals for further consideration based on:
    (1) The availability of funds;
    (2) The competitiveness of the proposals based on the criteria set 
forth in Sec.  301.8; and
    (3) The funding priority considerations identified in the applicable 
FFO.
    (b) EDA will endeavor to notify proponents regarding whether their 
proposals are selected as soon as practicable.