Zero Emission Vehicle Infrastructure Program – After you apply
The Request for Proposals (RFP) focusing on public places, on-street, multi-unit residential buildings, workplaces and vehicle fleets closed on August 11, 2022. NRCan will target having funding decisions by late 2022.
Proposal Review, Due Diligence Process, Selection and Notification
Each project proposal will be reviewed for completeness and assessed against mandatory criteria. Project proposals that do not meet all of the mandatory criteria will not be given further consideration.
Project proposals that meet the mandatory criteria will then be rated and ranked against merit criteria. NRCan will then issue final funding decisions based on this rating and regional distribution. Unsuccessful project proposals will receive letters of regret and successful project proposals will receive Letters of Conditional Approval (LOCA).
Project proposals that have been conditionally recommended for funding will undergo a due diligence assessment. This assessment will look at financial strength of a proponent as well as their ability to complete the project. NRCan may request that the applicant provide confirmation or clarification to support their project proposal. An independent firm will be contracted to support the program with this process. If in-depth financial analysis is required, NRCan will inform the proponents and provide details on next steps. The findings from the due diligence process will be considered in NRCan’s ability to enter into a contribution agreement with a proponent for the proposed project.
If a project proposal is successful and the due diligence assessment results are acceptable, the proponent will then be invited to negotiate a contribution agreement. The findings from the due diligence assessment could determine risk mitigation strategies that will be included in the contribution agreement (for example, monthly progress reports or percentage of risk holdback). Also, the monitoring strategies applied during the conduct of the project could be defined by the risk level identified. In this case the program would inform the proponent in writing.
The applicant must include all supporting documentation requested in the Applicant’s Guide and in the Application Form.
Successful applicants will be notified through a Letter of Conditional Approval and will be invited to begin negotiating a contribution agreement. However, this letter does not imply eligibility for expenses incurred. The expenditures incurred between the receipt of the Letter of Conditional Approval and the date on which a contribution agreement is signed by Canada fall outside of the eligible expenditures period and cannot be reimbursed by Natural Resources Canada. It is important to consult with Natural Resources Canada during this period prior to incurring expenditures.
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