Reprogramming of Tahoe Funds from Primary to Secondary Approved Projects. As approved by the Secretary of the Interior, the approved funding available for Lake Tahoe projects in a given Round may be reprogrammed from the Primary Category to the Secondary Category in the event that a project(s) in the Primary Category becomes infeasible or actual costs are less than estimated costs. In cases where actual costs for any given project in either the Primary or Secondary Category exceed the amount approved by the Secretary, any funds available from previously approved projects as a result of other projects being terminated or actual costs being less than estimated may be made available to cover the higher than expected costs for other projects. In such cases as these, the PCT shall notify and present the issue to the TREX for final approval. After TREX approval to reprogram the funds, the agency will submit its request for modification of the financial instrument to decrease or increase available funds for the affected projects to the BLM SNPLMA Division. The request should include a copy of the TREX approval document and, if not included in that document, an explanation of project(s) from which funds are being diverted. This is necessary in order for the SNPLMA Division to ensure that all financial instruments are amended to show the revised amounts available for the affected projects. The cumulative amount authorized through Appropriation Bill 108-108 for Lake Tahoe Restoration projects of $300,000,000 was met with the funding of Round 12 Lake Tahoe projects. These projects are not, therefore, eligible to request or receive additional funds through the SAR from the Special Account.
Reprogramming of Tahoe Funds from Primary to Secondary Approved Projects. As approved by the Secretary of the Interior, the approved funding available for Lake Tahoe projects in a given Round may be reprogrammed from the Primary Category to the Secondary Category in the event that a project(s) in the Primary Category becomes infeasible or actual costs are less than estimated costs. In cases where actual costs for any given project in either the Primary or Secondary Category exceed the amount approved by the Secretary, any funds available from the current approved round as a result of other projects being terminated or actual costs being less than estimated may be made available to cover the higher than expected costs for other projects. In such cases as these, the PCT shall notify and present the issue to the Tahoe Regional Executive Committee (TREX) for final approval. Cost overruns may also be covered by requesting and gaining approval of additional funds for the project in a future round. Any approved funds that remain from a given round shall be carried over and available for the next round of approvals for Lake Tahoe Restoration Projects. If circumstances warrant, funding for cost overruns for Lake Tahoe Restoration Projects may be requested from the SNPLMA Special Account Reserve where such requests must be approved by the SNPLMA Executive Committee. Any such approved SAR funds will count toward the cumulative total funds to be made available for Lake Tahoe Restoration Projects pursuant to Appropriation Bill 108-108, Section 341 and 342 (2003).
