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2 CAR § 1-203. Selection criteria
2 CAR § 1-203. Selection criteria.
(a)(1) In order to achieve certain goals and priorities, applications will particularly be reviewed for the following criteria.
(2) Each will receive a weighted score, the maximum of which is indicated.
(3) The sum total score of all the criteria will be used to rank competing applications.
(b) Capital improvement grant criteria:
(1) Portion of feedstock grown in Arkansas to be used for alternative fuels production, fifteen (15) points;
(2) Portion of feedstock processed in Arkansas to be used for alternative fuels production, fifteen (15) points;
(3) Share of capital investment from equity investors, ten (10) points;
(4) Share of equity investment from Arkansas investors, ten (10) points;
(5) Suitability of the alternative fuel to be produced for utilization in the Arkansas fuel economy, ten (10) points;
(6) Technical capability of the management team, fifteen (15) points;
(7) New jobs and positions added to the Arkansas rural economy, ten (10) points; and
(8) Evidence company has in place established quality standards and practices, fifteen (15) points.
(c) Operating cost grant criteria:
(1) Evidence that applicant and facility will be long-term suppliers of alternative fuels to the Arkansas economy, twenty (20) points;
(2) Evidence that quality of volume for which claim is made met ASTM International standards, fifteen (15) points;
(3) Evidence that applicant attempted to maximize use of feedstock grown or processed in Arkansas, twenty (20) points;
(4) Evidence that applicant has sound marketing plan in place and is attempting to maximize marketing benefits, fifteen (15) points;
(5) Evidence that applicant has a plan in place to maintain costs at competitive levels, fifteen (15) points; and
(6) Evidence company has in place established quality standards and practices, fifteen (15) points.