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Electronic Code of Federal Regulations

e-CFR Data is current as of November 25, 2014

Title 7Subtitle BChapter XVIIPart 1710Subpart E → §1710.204


Title 7: Agriculture
PART 1710—GENERAL AND PRE-LOAN POLICIES AND PROCEDURES COMMON TO ELECTRIC LOANS AND GUARANTEES
Subpart E—Load Forecasts


§1710.204   Filing requirements for borrowers that must maintain an approved load forecast on an ongoing basis.

(a) Filing of load forecasts and updates. A power supply or distribution borrower required to maintain an approved load forecast on an ongoing basis under §1710.202 or §1710.203 may elect either of the following two methods of compliance:

(1) Submitting a new load forecast to RUS for review and approval at least every 36 months, and then submitting updates to the load forecast to RUS for review and approval in each intervening year; or

(2) Submitting a new load forecast to RUS for review and approval not less frequently than every 24 months.

(b) Extensions. RUS may extend any time period required under this section for up to 3 months at the written request of the borrower's general manager. A request to extend a time period beyond 3 months must be accompanied by a written request from the borrower's general manager, an amendment to the borrower's approved load forecast work plan incorporating the extension, a board resolution approving the extension request and any amendment to the approved load forecast work plan, and any other relevant supporting information. RUS may extend the time periods contained in this section for up to 24 months.



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