Issue Fund Grant definition
Examples of Issue Fund Grant in a sentence
Eligible Expenses incurred or accrued before the Commission amendment will be reimbursed according to the terms set forth in Article 7 below notwithstanding the Commission amendment of the Issue Fund Grant.
A Commission amendment of an Issue Fund Grant shall take effect on a prospective basis only.
Within 30 days of receiving a Request for Payment of an Issue Fund Grant, the Commission will review the sufficiency of the request and act upon it.
The Commission may amend an Issue Fund Grant if it finds that there has been a material change in the breadth and complexity of the issues, the significance of the policy issues, or the dollar magnitude at stake, such that the initial Issue Fund Grant is no longer warranted.
The Commission may place reasonable conditions on Issue Fund Grants, including but not limited to requiring that CUB use in-house resources or outside funding to account for or pay more than 20% of the Eligible Expenses for the work to be performed in the proceeding for which CUB is seeking an Issue Fund Grant.
Except as provided in this Section, an Issue Fund Grant shall constitute a binding obligation on the Commission to order reimbursement of Eligible Expenses subject to satisfaction of any conditions imposed on the Issue Fund Grant and the requirements set forth in Article 7 and Article 8 below.
The Commission may disallow a request for payment, in whole or in part, if it determines that the request seeks reimbursement for (a) expenses that are not Eligible Expenses, or (b) expenses that are inconsistent with CUB’s Issue Fund Grant or any conditions placed on the Issue Fund Grant.
An Issue Fund Grant may be used solely to pay Eligible Expenses for Eligible Proceedings involving Idaho Power.
If CUB expects to incur Eligible Expenses in an Eligible Proceeding in more than one calendar year, the proposed budget may seek an Issue Fund Grant from funds that will be made available in the next calendar year.
In order to receive payment of an Issue Fund Grant, CUB must submit a request for payment of Eligible Expenses to the Commission and serve a copy on Idaho Power (a “Request for Payment”).