No dead links. Everything should be working. No under construction signs. Complete your site and then apply. Graphics should be your own and if not, recognition should be given somewhere.
Load time is important.
If it takes to much time you won't win our award. Navigation is also important. If we get lost we can't very well review your site. We will be looking for good content, design, overall layout, and whether or not your site is appealing to the eye. You must display the award on your site and link it back to this site.