WAC 246-296-140   Final project selection criteria.  When awarding a DWSRF loan to a public water system, the board shall consider, at a minimum, the applicant's ability to:

     (1) Repay the DWSRF loan based on a risk assessment;

     (2) Provide adequate security in case of DWSRF loan default; and

     (3) Promptly begin the project based on past contract performance, if applicable.



[Statutory Authority: RCW 70.119A.170 and Federal Safe Drinking Water Act, H.R. 1452. 12-01-077, § 246-296-140, filed 12/19/11, effective 2/1/12. Statutory Authority: RCW 70.119A.170. 01-21-137, § 246-296-140, filed 10/24/01, effective 11/24/01.]