§ 2425. Operations, maintenance, and replacement costs

Latest version.

(a) In general
The non-Federal share of operations, maintenance, and replacement costs for a project receiving Federal assistance under this subchapter shall be 100 percent.
(b) Plan
On request of the non-Federal borrower, the Secretary may assist in the development of an operation, maintenance, and replacement plan to provide the necessary framework to assist the non-Federal borrower in establishing rates and fees for project beneficiaries.

(Pub. L. 109–451, title II, § 206, Dec. 22, 2006, 120 Stat. 3360.)

                    
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