In addition to other powers and duties provided by law, the Oklahoma Department of Transportation shall have the power and duty to:
1. Review, assess, and prioritize the preliminary applications received from eligible applicants;
2. Determine the feasibility of each transportation project and the eligibility of the entity to receive funding from the State Infrastructure Bank Revolving Fund;
3. Determine which applications should be referred to the Commission for loans from the State Infrastructure Bank Revolving Fund; and
4. Provide oversight and technical assistance during the planning, design, and construction phases of the transportation project for which the entity is applying for the loan.
Added by Laws 1998, c. 292, § 5, eff. Nov. 1, 1998.