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.