LIP-24: What is the meaning of “a portion of the Budget” in the third bullet on slide 23 of the webcast held on July 31?

The Budget refers to the overall budget that is set aside for the procurement. Public Act 99-0906 provides that at least some funds set aside for the procurement must go toward a project that includes “community ownership by the project subscribers.” For purposes of the RFP, we require that at least some of the budget go toward a project that is at least 50% owned by its subscribers; and that if no such project exists, some of the budget will be withheld.