---
kind: "section"
citation: "10 C.F.R. § 609.12"
title: "10"
number: "609.12"
heading: "Credit ratings."
url: "https://uscodex.org/cfr/10/609.12"
---

# §609.12. Credit ratings.

- (a) Where conditions justify, in the sole discretion of the Secretary, DOE may require that an Applicant submit a preliminary credit assessment for the proposed project, reflecting the project without a Guarantee, from a nationally recognized statistical ratings organization.
- (b) Where conditions justify, in the sole discretion of the Secretary, DOE may require that an Applicant provide a credit rating for the proposed project, and subsequently provide updated ratings, from a nationally recognized statistical ratings organization.

## Notes

### Authority

Authority: 42 U.S.C. 7254, 16511-16517.

### Source

Source: 88 FR 34428, May 30, 2023, unless otherwise noted.