R.C.S.A. § 8-116a-4
Definitions
Cite as Conn. Agencies Regs. § 8-116a-4
(a) \"Developers' Fee\" means a bonus earned by developers that have successfully completed key events in the development process.
(b) \"Key Events\" means the four main phases in the development process: (1) Preliminary Application Approval, (2) Final Application Approval, (3) Construction Start; and (4) Construction Completion.
(c) \"Successfully Completed\" means completion of key events in a timely manner.