The Project Sponsor shall complete the appropriate application and email it to the WDA at firstname.lastname@example.org and on WV Vender Self Service Portal
(1. VSS Portal, 2. View Grant Opportunities, 3. WV Water Development Authority Economic Enhancement Grant Fund) for the requested funding type:
1) Section 6a(b) Matching Grant
2) Section 6a(c)(1) Bid Overrun Grant
3) Section 6a(c)(2)-(6) Other Grant
4) Section 6a(c)(7) Infrastructure Grant (Economic Development)
The WDA staff shall review applications and complete a funding sheet and when necessary request additional information.
1.) Matching Grant. If a Project Sponsor is eligible for a federal or other program grant that requires a match and when that commitment is required to be submitted with the application, the WDA upon receipt of a recommendation from the IJDC or West Virginia Department of Economic Development (“WV DED”) shall consider the request and if approved, set aside money in the Matching Grant Subaccount and provide the binding commitment. If the Project Sponsor is awarded the federal or other grant, the WDA shall enter into a grant agreement for the disbursement of the grant. If the Project Sponsor does not receive the federal or other grant, the binding commitment will be rescinded.
2.) Bid Overrun. If the Project Sponsor has a bid overrun on a project approved by the IJDC, the Project Sponsor shall apply for a bid overrun grant on the appropriate application and provide the information with respect to the pre-bid funding, other funding being sought and the amount of bid overrun grant being requested. The Executive Director of the WDA in consultation with the Chair of the Water Development Board (“Board”) will initially be authorized to approve bid overrun grants up to $10,000,000. Bid overrun grant requests in excess of $10,000,000 shall be considered by the Board.
3.) Other Grants Section 6a(c)(2)-(6). The Project Sponsor shall complete the appropriate application and designate the section of funding being requested. WDA staff shall request any additional information necessary to complete the review.
4.) Infrastructure Grant (economic development) Section 6a(c)(7). The Project Sponsor shall complete the application and provide the recommendation letter from the applicable Secretary. WDA staff shall request any additional information necessary to complete the review.