014.04, Office of Loan Programs
Functional areas: Finance
Rescinds:
014.03, Loan Programs Office on May 23, 2013
Rescinded By:
Document text
Text extracted from the attached file. Refer to the original document for the authoritative version.
Section 1
DEPARTMENT OF ENERGY
REDELEGATION ORDER NO. 00-014.04
TO THE DEPUTY EXECUTIVE DIRECTOR, OFFICE OF LOAN PROGRAMS
I. DELEGATION. Pursuant to section 642 of the Department of Energy Organization Act
(Public Law 95-91, 42 U.S.C. 7252), and Department of Energy Delegation Order
No. 00-014A.OO, I delegate to the Deputy Executive Director, Office of Loan Programs,
authority to take the following actions:
1.1 Serve as the Contracting Officer to enter into, administer, and terminate (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 terms approved by the Credit Review Board and the Secretary. This
authority shall not include the right to terminate 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 terminate Conditional
Commitments in accordance with their terms. The foregoing authority shall be
exercised only after the Secretary or his delegate has (1) with respect to a Loan
Guarantee Agreement, granted final approval of such agreement or (2) with respect
to a Conditional Commitment, granted approval of such Conditional Commitment.
1.2 Serve as the Contracting Officer to enter into, administer, and terminate (a) loan
agreements and related nonprocurement documents ("ATVM Loan Agreements")
for loans issued pursuant to section 136(d) of the Energy Independence and
Security Act, 42 U.S.C. 17013(d); and (b) conditional commitments related ATVM
Loan Agreements (the "Conditional Commitments"); provided that the authority to
administer the ATVM Loan 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 ATVM Loan Agreements and
Conditional Commitments that do not result in a material change to the credit terms
approved by the Credit Review Board and the Secretary. The foregoing authority
shall be exercised only after the Secretary or his delegate has (1) with respect to a
ATVM Loan Agreement, granted final approval of such agreement or (2) with
respect to a Conditional Commitment, granted approval of such Conditional
Commitment.
2. RESCISSION. Redelegation Order No.00-014.03 is hereby rescinded.
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 to
any authority delegated by this Order taken prior to and in effect on the date of this
Order are ratified and remain in force as if taken under this Order, unless or until
rescinded, amended or superseded.
4.2 This Order is effective May 23, 2013
Pet Davidson
Executive Director
Office of Loan Programs