California Alternative Energy and Advanced Transportation Financing Authority

Fees Schedule

Application Fee: .0005 (one twentieth of one percent) of the principal amount of financing for each project to be considered for financing. The fee shall be a minimum of $250 but not to exceed $5,000. This shall be paid at the time the formal application is submitted. The application fee is deducted from the administrative fee.

Administrative Fee: The Authority charges a one-time administrative fee due at closing of the financing. For all projects the following apply:

  • If the financial assistance requested is up to $5,000,000 then the fee will be .005 (five tenths of one percent) of the principal amount of financing.
  • If the financial assistance requested is greater than $5,000,000 and up to $25,000,000 then the fee will be $25,000 plus .003 (three tenths of one percent) of the principal amount of financing over $5,000,000.
  • If the financial assistance requested is greater than $25,000,000 then the fee will be $85,000 plus .0025 (twenty-five one hundredths of one percent) of the principal amount of financing over $25,000,000.
  • In no case shall the fee be less than $15,000 nor more than $250,000.

The applicant shall also reimburse the Authority for all reasonable and necessary out of pocket expenses the Authority may incur at the applicant's request, and all other direct or indirect expenses properly allocable to the proposed financing unless paid out of the proceeds of the bond issue. All fees for a particular proposed financing shall be paid by the applicant and deposited in the Authority fund.

Annual Fee: The Authority shall assess an annual fee each year for the life of the financial assistance in the amount of .0003 (three one-hundredths of one percent) of the approved financial assistance amount with a minimum fee of $500 and a maximum fee of $10,000.

NOTE: These fees are for CAEATFA's bond financing program and other pre-existing CAEATFA programs. New CAEATFA programs that are currently being developed may have their own separate fees schedule.