§2425. Operations, maintenance, and replacement costs
Primary source
Verbatim text below is from the United States Code (GovInfo), a public-domain U.S. government work.
Full Text
§2425. Operations, maintenance, and replacement costs
(a) In general
The non-Federal share of operations, maintenance, and replacement costs for a project receiving Federal assistance under this subchapter shall be 100 percent.
(b) Plan
On request of the non-Federal borrower, the Secretary may assist in the development of an operation, maintenance, and replacement plan to provide the necessary framework to assist the non-Federal borrower in establishing rates and fees for project beneficiaries.
Recent related rulemaking (Federal Register)
No recent rulemaking references this section title in the Federal Register.
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