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Propane Education & Research Council
PERC Invites Comments on Changes to Policies, Rules, and Procedures
WASHINGTON (January 14, 2011) — The Propane Education & Research Council invites the propane industry and the public to review and comment on the following revisions to the PERC Policies, Rules, and Procedures:
8.6. Approval by Executive Committee. The Executive Committee shall have full authority to approve project funding requests between Council meetings, provided that two-thirds of the members of the Executive Committee vote to approve the funding requests. The Chairman shall report all Executive Committee funding decisions at the next meeting of the Council.
8.6.1. Policy Recommendation — Amount of Funding. It is a recommendation, but not a limitation, that the amount of funding for any single funding proposal to be authorized and approved by the Executive Committee not exceed $250,000.
8.6.2. Policy Recommendation — Aggregate Amount of Funding. It is a recommendation, but not a limitation, that the Executive Committee not approve project funding which in the aggregate exceeds $1,000,000 in any fiscal year.
8.7. Approval by President. Proposals for funding that meet the requirements of PERA and this document and that do not exceed the maximum amount of funding specified in this document may be approved by the President without specific review and approval by the Council.
8.7.1. Maximum Amount of Funding. The maximum amount of funding for any single funding proposal which may be authorized and approved by the President shall not exceed $100,000.
8.7.2. Aggregate Limitation. In no event shall the President approve project funding which in the aggregate exceeds $500,000 in any fiscal year.
8.7.3. Assessment Rebate Funding Requests. The cap on the amount of funding shall not apply with respect to approvals by the President of assessment rebate funding requests that essentially replicate projects and programs previously approved by the Council and that are listed by the Council as eligible for approval by the President.
Send comments no later than February 14, 2011, by mail to PRP Comment, Propane Education & Research Council, 1140 Connecticut Ave. NW, Suite 1075, Washington, DC 20036; by fax to 202-452-9054; or by email to email@example.com.