Examples of Reservation Letter in a sentence
Once the documentation has been approved a Confirmed Reservation Letter is issued.
Once the documentation has been approved and eligibility requirements have been met, a Conditional Reservation Letter is issued.
Once the documentation has been approved and eligibility requirements have been met, a Confirmed Reservation Letter is issued.
For Three-Step Applications, Non-Public Entities have 90 calendar days from the date of the Conditional Reservation Letter to satisfy all Proof of Project Milestone criteria.
Proof of Project Milestone documentation must then be submitted within 240 days of the date the Conditional Reservation Letter.
The Confirmed Reservation Letter will list the approved incentive amount and the reservation expiration date (12 months after the date of the Confirmed Reservation Letter).
The two types of reservation notice letters are based on the type of application: Conditional Reservation Letter (for Three-Step applications)Upon approval of the Three-Step Reservation Request package, a Conditional Reservation Letter will be issued confirming that a specific incentive amount is conditionally reserved for project.
For Public Entities not issuing an RFP, alternative documentation such as an executed letter of intent to engage with a contractor on the Host Customer letterhead, an executed contract/agreement for system installation/lease, an equipment purchase order, or alternate system ownership agreement must instead be submitted within 90 calendar days of the date the Conditional Reservation Letter.
Confirmed Reservation Letter (for Two-Step applications)Upon approval of the Two-Step Reservation Request package, a Confirmed Reservation Letter will be issued.
The Confirmed Reservation Letter will list the reservation dollar amount and the reservation expiration date (18 months after the date of the original Conditional Reservation Letter).