What is the $2 million public fleet set aside for the first 6 months?
• The procurement process for public fleets can often be much slower than for private fleets, as they often have to go through approval processes that may take several months. To ensure that public fleets would have the ability to participate in the project, the set-aside funding was especially created to have HVIP funding available for public fleets six months after launch. If seven months pass by and the money has not been consumed by these public fleets, it will then be released into the general fund for all fleets to pursue. It should be noted that public fleets are not limited to the set aside funding. That is, they have as much right to the general fund as the other fleets. The set aside just ensures that there will be opportunity for them to access some funding in a staggered time frame.
Related Questions
- My charity property only opens to the public for 6 months per year. Can we meet the requirement for unlimited access to be given for twelve months?
- How does my government agency contract for maintenance services with Public Works Fleet Management Division?
- What are the Eurosuperplus targets for PUBLIC MEMBERS in the next 12 months?