§ 23-09 Re-grant administration and payment.
RCNY § 23-09
1.Re-grant agreement. If an Applicant is awarded funds, OLTPS or its Contractor will prepare a re-grant agreement based on the project proposed in the application. The Applicant must sign such re-grant agreement to receive such funds.
2.Payment. a. An Applicant’s re-grant agreement must include a payment schedule that is based on the services provided pursuant to the Clean Energy Campaign or Energy Efficiency Upgrade implemented and associated costs. b. Final payment is contingent on submission and OLTPS approval of final documentation submitted by the Awardee demonstrating that the project was completed. An Awardee that has completed an Energy Efficiency Upgrade must submit documentation of make and model numbers for equipment that was replaced and make and model numbers for equipment that was installed. Final payment is also contingent upon completion of any other reporting required by the Grant Agreement and Re-Grant Agreement.
3.Verification of energy savings for energy efficiency upgrades. Contractor will review the documentation submitted by the Awardee and calculate Energy Savings. Contractor will inspect Awardee’s building to verify that the Energy Efficiency Upgrade was installed. (Added City Record 4/9/2025, eff. 5/9/2025)
