94-18671. Financial Assistance Award: International Electronic Technology, Inc.

[Federal Register Volume 59, Number 146 (Monday, August 1, 1994)]
[Unknown Section]
[Page 0]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 94-18671]


[[Page Unknown]]

[Federal Register: August 1, 1994]


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DEPARTMENT OF ENERGY

 

Financial Assistance Award: International Electronic Technology, 
Inc.

AGENCY: Department of Energy.

ACTION: Notice of Intent.

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SUMMARY: The U.S. Department of Energy announces that pursuant to 10 
CFR 600.6(a)(2) it is making a financial assistance award under Grant 
Number DE-FG01-94CE15523 to International Electronic Technology 
Corporation. The proposed grant will provide funding in the estimated 
amount of $99,477 by the Department of Energy for the purpose of saving 
energy through development of a power factor correction system by means 
of continuous modulation.

SUPPLEMENTARY INFORMATION: The Department of Energy has determined in 
accordance with 10 CFR 600.14(e)(1) that the unsolicited application 
for financial assistance submitted by International Electronic 
Technology Corporation is meritorious based on the general evaluation 
required by 10 CFR 600.14(d) and the proposed project represents a 
unique idea that would not be eligible for financial assistance under a 
recent, current or planned solicitation. The applicant, International 
Electronic Technology Corporation, has been designated to perform the 
development and commercialization work by the current owner of this 
patented technology. The skills of its highly experienced electrical 
engineering professionals and its engineering facilities will be used 
in the project work. The invention is a solution to problems of power 
line disruption caused by inductive loads. It will save energy because 
reliable and inexpensive power factor correction device availability 
will encourage more use of power factor correction systems. The 
proposed project is not eligible for financial assistance under a 
recent, current or planned solicitation because the funding program, 
the Energy Related Invention Program (ERIP), has been structured since 
its beginning in 1975 to operate without competitive solicitations 
because the authorizing legislation directs ERIP to provide support for 
worthy ideas submitted by the public. The program has never issued and 
has no plans to issue a competitive solicitation.

FOR FURTHER INFORMATION CONTACT:
Please write the U.S. Department of Energy, Office of Placement and 
Administration, ATTN: Rose Mason, HR-531.23, 1000 Independence Ave., 
S.W., Washington, D.C. 20585.
    The anticipated term of the proposed grant is 18 months from the 
date of award.

    Issued in Washington, D.C. on July 21, 1994.
Richard G. Lewis,
Contracting Officer, Office of Placement and Administration.
[FR Doc. 94-18671 Filed 7-29-94; 8:45 am]
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