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Article: How the FGP works. (US Foreign Agricultural Service's Facility Guarantee Program)
- Article from:
- AgExporter
- Article date:
- July 1, 1998
CopyrightCOPYRIGHT 1998 U.S. Department of Agriculture. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Getting Started: FAS does not plan to solicit FGP applications or bids on specific projects. Rather, applicants will propose projects that will be evaluated on the basis of program criteria published in FGP regulations (7 CFR 1493) and program announcements. The FGP does not require U.S. ownership in an infrastructure project.
Initially, FAS will consider projects that improve existing facilities with guarantee coverage of up to $10 million.
Exporter Eligibility: Exporters can qualify to participate under the FGP if the exporter (1) is a citizen or legal resident of the United States or is a business organized under the laws of the United States, (2) has an ...
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