Introduction to Recovery Act Funding
How to Make Your Project
“Shovel Ready”
Stoel Rives LLP
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The Firm
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Our Lawyers
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Our lawyers have distinguished themselves in numerous areas of practice. Stoel Rives ties for 21st place nationally for the total
number of attorneys listed in Best Lawyers in America, a remarkable statistic considering that the firm’s total number of attorneys
ranks 117th nationally (NLJ 250, November 15, 2004). Also notable is the firm’s third national ranking for the number of
attorneys listed in the Energy Law category. Our lawyers share a commitment to excellence in client service and a deep sense
of integrity, in addition to a desire to provide the very best legal services in their respective areas of experience.
Our Clients
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Stoel Rives enjoys a 100-year tradition of excellence as a leading U.S. law firm. With nearly 400 lawyers practicing across the
full spectrum of corporate law and business litigation, and offices in eight states, we provide legal services to clients with local,
regional, national and international operations.
Stoel Rives’ client base includes public and private utilities, financial institutions, software companies, developers, newspapers,
hospitals, universities, charitable foundations, forest product companies, retailers and manufacturers, among others. The firm
represents businesses at all stages of growth, from start-ups to internationally known public companies.
Our Vision
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We will serve leading established and emerging business clients by providing value-added solutions to their challenging legal
needs.
We will accomplish this goal by providing distinctive client service and developing relationships based on a combination of
specialized experience, a commitment to excellence, and deep business and industry knowledge.
We will develop and retain the best available lawyers and staff.
We will obtain our goals while preserving our culture of commitment to integrity, diversity in all its forms, our
communities and each other.
The Recovery Act Provides
Buckets of Money
• Where are the buckets of money?
• What kinds of buckets are out there?
• How do I get the buckets to flow into my project?
Where Can I Find More
Information About the Buckets?
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www.stoel.com/alerts.aspx
www.lawofrenewableenergy.com
www.recovery.gov
www.energy.gov/recovery
www.grants.gov/applicants/recovery.jsp
www.cted.wa.gov/site/1164/default.aspx
Types of Buckets
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Grants
Loans
Bonds
Expect some cost-share
How Can I Dip into a Bucket?
• Do prework
• Get your project “shovel ready”
• Watch for Funding Opportunity Announcements
(FOAs)
• Move swiftly to apply in compliance with FOAs
40-Page FOA
Industrial Energy
Efficiency Grand Challenge
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The goal of this FOA is to fund cost-shared development of
transformational industrial processes and technologies. A process or
technology is transformational if it reduces energy intensity or
greenhouse gas emissions by a minimum of 25% while providing a
return on investment of 10% or greater. Eligible projects must be
associated with the nation's most energy-intensive industries, including:
· Petroleum · Food & Beverage · Fabricated Metals · Metal Casting
· Informational Technology · Mining · Aluminum · Forest & Paper
Products · Cement · Glass · Transportation Equipment · Iron & Steel
· Chemicals
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This FOA will provide approximately $15 million to fund up to 50
individual awards. DOE anticipates that the awards will range between
$100,000 and $300,000. The funding will be issued in five stages over
one year, but DOE may select projects to continue for an additional
three to four years. Applicants are subject to at least 20% cost-share.
Representative Funding Opportunity
Announcements
• $15 million for energy efficiency at industrial plants
• $24 million for wind energy research
• $100 million for demonstration of innovative concepts
for beneficial CO2 use
• $156 million for combined heat and power systems
• $176 million for clean solar
• $350 million for geothermal projects
• $1 billion for commercial carbon capture and
sequestration
Prework
• DUNS Number:
http://fedgov.dnb.com/webform
• Central Contractor Registration:
http://www.ccr.gov/
• Fed Connect:
http://www.fedconnect.net/Fedconnect/PublicUserRegistration.aspx
Shovel Ready
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Technology
Community
Site
Team
Shovel-Ready Technology
FOAs for:
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Research
Pilot
Demonstration
Commercial
Shovel-Ready Community
• Does your community have an available workforce?
• What job training is necessary?
– Demographics within area of project
– Job training center as a team member
– Ability to leverage other funding
• Are the jobs sustainable in the community?
Shovel-Ready Site
• Availability
• Infrastructure
• Developable
Shovel-Ready Team
• Collaborative team
– Domestic entities
– Government
– National Laboratories
• Expect some cost-share
– Contribution of materials or intellectual property
– Other government sources
Timelines
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Cover sheets
Letters of intent
Concept papers
Full applications
Drafting Application
• Do not count on the reviewer being familiar with your
industry
• Some areas need to be written so that a lay person
can understand how the project meets the FOA
request
• Explanation of science needs to be complete
Conforming to Application
Requirements
• The buckets do not flow indiscriminately
• General Recovery Act policy goals
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Deploy quickly
Stimulate the economy
Provide immediate and sustainable jobs
Identify scalable technologies
Overcome barriers to commercialization
Keep Looking for More Buckets
• One application per FOA
• Applications can be made under multiple FOAs
• Keep looking for alternative funding
John Laney
jslaney@stoel.com
(206) 386-7559
Stoel Rives LLP
600 University Street, Suite 3600
Seattle, WA 98101