§2425. Operations, maintenance, and replacement costs
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Latest NOW As originally enacted Dec 22, 200643 U.S.C. § 2425
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.
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.
Notes, amendments, and revision history
(Pub. L. 109–451, title II, § 206, Dec. 22, 2006, 120 Stat. 3360.)