Home >  Term: preliminary determination
preliminary determination

A conditional approval issued by the FERC that reviews and authorizes all the terms and conditions of a proposed construction project, except the environmental aspects. A type of semi-certificate approval devised by the Commission to speed construction. Once the preliminary determination is issued, sponsors can line up financing and begin right-of-way acquisition and be ready to go when the lengthy environmental process is completed and they receive unconditional certificate authorization.

0 0

Penulis

  • JJD
  •  (Gold) 2369 poin
  • 100% positive feedback
© 2024 CSOFT International, Ltd.