홈 > 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.
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