OAR 813-125-0026

OAR 813-125-0026. Third Party Administrator Selection Criteria

Last amended: 2023Length: 160 wordsOfficial source
If the Department determines that a Third Party Administrator is in the best interest of the State of Oregon, the following criteria may be included as part of the selection process: (1) The Administrator meets the definition of a Third Party Administrator found in 813-125-0010. (2) The Third Party Administrator has the ability to provide the services throughout the State of Oregon. (3) The Third Party Administrator has experience in providing financial products for Co-Location, including loans, grants, and other financial incentives, fund management, and expertise in child care and housing development. (4) The Third Party Administrator have experience in leveraging funds, particularly with philanthropic organizations. (5) The Third Party Administrator has experience in assuring that funds provide benefits to families and business that are historically underserved by public dollars and/or traditional financial institutions. (6) The Third Party Administrator presents a plan that is efficient in utilizing public dollars but also targets the communities most in need of ECE services.