The Agency will award and administer Energy Audit and REDA grants in accordance with Departmental Regulations and with the procedures and requirements specified in §4280.122, except as specified in paragraphs (a) through (c) of this section.

(a) Instead of complying with §4280.122(b), the grantee must provide satisfactory evidence to the Agency that all officers of grantee organization authorized to receive and/or disburse Federal funds are covered by such bonding and/or insurance requirements as are normally required by the grantee.

(b) Form RD 400-1 specified in §4280.122(c)(6) is not required.

(c) The Power Purchase Agreement specified in §4280.122(h) is not required.?>