a) In order to receive a loan under the WPCLP, loan applicants must apply to the Agency using the loan application process outlined in Subpart C. The process requires that:
- 1) the loan applicant submits a Funding Nomination Form pursuant to Section 365.310;
2) the loan applicant submits a Project Plan pursuant to Section 365.320;
- 3) the project undergoes State environmental review under Section 365.330;
- 4) the project be placed on the Project Priority List pursuant to Section 365.340; and
- 5) the loan applicant submits the following information:
A) a loan application as required by Section 365.350(a);
- B) contracts for personal or professional services as required by Section 365.350(b);
- C) a construction permit application, if necessary, as required by Section 365.350(c);
- D) pre-bidding plans and specifications with certification form, as required by Section 365.350(d); and
- E) bidding evaluation and certification forms as required by Section 365.350(e).
- b) Loan applicants shall not execute a notice to proceed authorizing the initiation of construction until the loan agreement has been fully secured and executed.
(Source: Amended at 43 Ill. Reg. 11141, effective October 1, 2019)