Laserfiche WebLink
processing to the NOPEC CFO. All disbursements are approved by the Executive <br />Director or other authorized person. <br />Any grant dollars, including balances, not applied for or escrowed by the community by <br />October 31 of the current grant year will be forfeited by the community and returned to <br />the grant pool. The grant term will be for calendar year 2020. NOPEC will close out a <br />community's grant when all grant funds have been disbursed or any remaining funds <br />are returned to the grant pool. <br />Reports: Communities using grant funds for energy efficiency projects will submit an <br />annual report to NOPEC for two years following project completion, if the project is <br />selected for measurement and verification. The report will provide information on the <br />energy saved (measured by units and dollars) in the previous year resulting from that <br />project. This report will be prepared by a third -party consultant contracted by NOPEC, <br />Inc. The community will agree to authorize NOPEC to provide the appropriate utility <br />account information for the designated project site to the consultant for the purpose of <br />completing the annual reports. <br />The EDD will track all open grants and provide periodic status reports to the NOPEC <br />Executive Director and to both the NOPEC and NOPEC, Inc. Boards of Directors. <br />Reports will include the number of communities with open grants available and the total <br />funds disbursed to date. <br />All determinations made by NOPEC, Inc. and NOPEC in administering the NEC Grant <br />Program shall be final, conclusive and binding on all grant recipients. <br />14421489v1 <br />