IC 8-1-44-5: "Eligible project development costs"

Sec. 5. As used in this chapter, "eligible project development costs" means project development costs that:

(1) have been incurred, or are reasonably estimated to be incurred, by an eligible utility in the development of one (1) or more SMRs under the program; and

(2) have not been and will not be recovered by the eligible utility through contributions of any money, services, or property that have been or will be provided at no cost to the eligible utility by any:

(A) eligible partner with whom the eligible utility has entered into an eligible partnership under this chapter;

(B) governmental agency; or

(C) other third party, regardless of whether the third party has entered into an eligible partnership with the eligible utility under this chapter.