Archives of Directives

Rescinded

014.01, Loan Guarantee Program

Functional areas: Finance, Miscellaneous

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Section 1

DEPARTMENT OF ENERGY REDELEGATION ORDER NO. 00-014.01 TO THE DIRECTOR, LOAN GUARANTEE PROGRAM 1. DELEGATION. Pursuant to Department of Energy Delegation Order No. 00-014.00, I delegate to the Department of Energy's Director, Office of Loan Guarantee Program authority to take the following actions: 1.1 Serve as the Contracting Officer to enter into, administer, and tenninate (a) loan guarantee agreements and all related nonprocurement documents ("Loan Guarantee Agreements") issued pursuant to Title XVII of the Energy Policy Act of2005, as amended, 42 U.S.C 16511-16514; and (b) conditional commitments related to Loan Guarantee Agreements (the "Conditional Commitments"); provided that the authority to administer the Loan Guarantee Agreements and Conditional Commitments shall include, without limitation, the authority to (i) extend the expiration date of a Conditional Commitment (for a period not to exceed six months from the original expiration date) and (ii) enter into amendments to Loan Guarantee Agreements and Conditional Commitments that do not result in a material change to the credit tenns approved by the Credit Review Board and the Secretary. This authority shall not include the right to tenninate a Conditional Commitment pursuant to the authority that is expressly reserved to the Secretary under 10 CFR Part 609 (the "Rule"), but shall include the right otherwise to tenninate Conditional Commitments in accordance with their tenns. The foregoing authority shall be exercised only after the Secretary or his delegate has (1) with respect to a Loan Guarantee Agreement, granted fmal approval of such agreement or (2) with respect to a Conditional Commitment, granted approval of such Conditional Commitment. This authority may not be redel egated. 2. RESCISSION. None. 3. LIMITATION. 3.1 In exercising the authority delegated in this Order, a delegate shall be governed by the rules and regulations of the Department of Energy and the policies and procedures prescribed by the Secretary or delegate(s). 3.2 Nothing in this Order precludes the Secretary or the Executive Director, Office of Loan Programs from exercising any of the authority delegated by this Order. 3.3 Any amendments to this Order shall be in consultation with the Department of Energy General Counsel. 4. DURATION AND EFFECTIVE DATE. 4.1 All actions pursuant to any authority delegated prior to this Order or pursuant 10 any authority delegated by this Order taken prior to and in effect on the date of this Order arc ratified and remain in force as if taken under this Order, unless or until rescinded, amended or superseded. 4.2 This Order is effective Ju ly 6, 2010 , ExecLitive Director Office of Loan Programs

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