2 CAR § 1-303. Selection criteria
2 CAR § 1-303. 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) Feedstock processor incentive grant criteria:
(1) Suitability of the feedstock to be produced for utilization by Arkansas alternative fuels producers, ten (10) points;
(2) Percentage of Arkansas-grown crops or other biomass material to be used for processing, thirty (30) points;
(3) Share of capital investment from equity investors, twenty (20) points;
(4) Share of equity investment from Arkansas investors, twenty (20) points;
(5) Technical capability of the management team, ten (10) points; and
(6) New jobs and positions added to the Arkansas rural economy, ten (10) points.