FAQs

Questions submitted through this site are generally answered by the Procurement Administrator within two business days. A response will be sent directly to the questioner. If a question is not within the scope of the Procurement Administrator’s role or expertise, the Procurement Administrator may, instead of providing an answer, refer the questioner to an alternative source of information. All questions and answers are posted to this site, unless the question and answer repeat information already provided on the FAQ page or generally do not provide additional information that may be relevant to prospective suppliers.

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FAQs with information that is no longer relevant are posted to the FAQ Archives page.


Block Energy and Capacity FAQs
Click on the question to see the answer:

FAQ-BEC-1
Q: How do I register to receive announcements for the Block Energy and Capacity RFP?

Please register here and select “Block Energy and Capacity RFP”:

https://www.ipa-energyrfp.com/contact-us/register/

or contact the Procurement Administrator via email.

02-23-2018

FAQ-BEC-2
Q: Can you please point me to the Pre-Bid Letter of Credit for each Company?

The Procurement Administrator posted the Standard Pre-Bid Letter of Credit for each Company to the Draft Documents page of the Spring Block Energy and Capacity section of the IPA website on February 26, 2018. While the Standard Pre-Bid Letter of Credit for each Company is posted in its final form to the Draft Documents page, the Standard Pre-Bid Letters of Credit will be re-posted with the final RFP documents to the Final Materials page of the Spring Block Energy and Capacity section of the IPA website on March 14, 2018.

02-27-2018

FAQ-BEC-3
Q: Can bidders provide comments on the Pre-Bid Letters of Credit for the Spring 2018 Block Energy and Capacity RFP?

No. A Bidder may only provide comments on or propose modifications to the changes that have been made to the Standard Pre-Bid Letter of Credit for a procurement event for a Company relative to the previously used Standard Pre-Bid Letter of Credit. The Procurement Administrator will not solicit comments on the Standard Pre-Bid Letter of Credit when such changes are limited to these administrative updates: (i) expiration date, date of the procurement event, and dates of the supply period; (ii) docket number; or (iii) contact information for the Company. The changes that have been made to the Standard Pre-Bid Letters of Credit are administrative only and, as such, the Procurement Administrator will not be soliciting comments on the Standard Pre-Bid Letters of Credit.

02-27-2018

FAQ-BEC-4
Q: When will acceptable modifications to the Pre-Bid Letters of Credit for the Spring 2018 Block Energy and Capacity RFP be posted to the procurement website?

Documents containing acceptable modifications to the Pre-Bid Letters of Credit were posted to the Final Materials page of the Spring Block and Energy and Capacity section of the procurement website on March 16, 2018.

02-27-2018

FAQ-BEC-5
Q: Does the Spring 2018 Block Energy and Capacity RFP schedule posted to the procurement website also pertain to the IPA’s Adjustable Block Program?

No. The Spring 2018 Block Energy and Capacity (“BEC”) RFP and the Adjustable Block Program are different.

The Spring 2018 BEC RFP consists of the procurement of: (i) monthly on-peak and off-peak standard block forward products as well as combinations for Ameren Illinois Company (“AIC”), Commonwealth Edison Company (“ComEd”), and MidAmerican Energy Company (“MEC”); and (ii) capacity for AIC (25% of the 2019-2020 planning year forecast requirement).

The Adjustable Block Program is proposed as part of the Illinois Power Agency’s Long-Term Renewable Resources Procurement Plan (“LTRRPP”).  The Illinois Commerce Commission (“Commission”) will render a decision on the LTRRPP and this decision is expected on April 3, 2018.  The Commission may change in whole or in part the proposal made by the Illinois Power Agency with regard to the Adjustable Block Program.

The details of the Adjustable Block Program will not be provided on this website once the Commission renders its decision and the Procurement Administrator will not respond to questions in this regard.  Please refer to the IPA’s website, https://www2.illinois.gov/sites/ipa/Pages/default.aspx, where the LTRRPP as approved by the Commission will be posted once it becomes available.

02-28-2018

FAQ-BEC-6
Q: Can surety bonds be used in place of a Pre-Bid Letter of Credit for the purposes of bid assurance collateral?

No, surety bonds cannot be used in place of a Pre-Bid Letter of Credit. With the Part 2 Proposal, a Bidder that intends to submit Bids for a procurement event for a Company must submit an executed Pre-Bid Letter of Credit to that Company in an amount sufficient to support its Bids as specified in the RFP Rules. Bidders participating in a procurement event for Energy Products must submit a Pre-Bid Letter of Credit for a Company in an amount no less than $5,000 per block of the Bidder’s Maximum Quantity subject to a $250,000 minimum for AIC and ComEd and subject to a $25,000 minimum for MEC. The required amount of the Pre-Bid Letter of Credit for the AIC Capacity Product is $200,000. You must either use the Standard Pre-Bid Letter of Credit provided as an Appendix to the RFP Rules, or the Pre-Bid Letter of Credit must incorporate only those modifications to the Standard Pre-Bid Letter of Credit approved by a Company and posted to the procurement website.

02-28-2018

FAQ-BEC-7
Q: If we have an existing fully executed supplier contract with a Company, are we required to execute a new supplier contract if we have winning Bids approved by the Commission in the upcoming procurement events?

The transactions will be under the applicable supplier contract posted on the procurement website and suppliers may not rely on any existing supplier contract previously executed with a Company.

For the Part 1 Proposal, a Bidder will be asked to provide all information necessary for the preparation of the applicable supplier contract documents by completing the applicable Insert.  If a Bidder fails to submit the Insert for a procurement event, the Officer of the Bidder must acknowledge that, if the Procurement Administrator notifies the Bidder that the Bidder has Bids that are identified as winning Bids to the ICC for the procurement event, the Bidder will be required to provide all necessary information by 12 PM (noon) CPT on the day after such notification is received. The Officer of the Bidder makes such acknowledgment by completing the applicable Contract Delay Insert prepared for this purpose. The applicable Contract Delay Insert is submitted by email or by upload to the online Part 1 Form.

The applicable supplier contract documents are prepared by the Company after the Procurement Administrator notifies the Bidder that the Bidder has Bids that are identified as winning Bids to the ICC for a procurement event. If such Bidder relies on the financial standing of an RFP Guarantor, ComEd will prepare the Guaranty for execution as well.  For AIC and MEC, such Bidder will be responsible for preparation and delivery of the Guaranty.

02-28-2018

FAQ-BEC-8
Q: It is my understanding that Appendix A has been added to the Form of Guaranty so that all outstanding Agreements with ComEd and all Guaranteed Obligations are consolidated under a single Guaranty. Can you provide more detail on the following sentence taken from the Form of Guaranty? “The maximum aggregate liability of the Guarantor found in Section 1 of this Guaranty shall be applicable to the Guaranteed Obligations under each of the Agreement(s) listed above.”

You are correct that Appendix A has been added to the Form of Guaranty so that the obligations of Seller under several agreements may constitute Guaranteed Obligations covered by the single Guaranty. As such, there will be a single Guaranty to cover the credit exposure of Seller across the agreements listed in Appendix A. In this case, the amount of the Guaranty needs to be specified in Section 1 of this new Guaranty. The Guaranty amount should be no more than the Collateral Threshold Amount applicable to the Guarantor provided in Section I, Subsection A of Paragraph 10 to the Collateral Annex as amended in the Cover Sheet. For example, if the Guarantor is rated BBB- by S&P and Fitch and Baa3 by Moody’s, then the Guaranty amount to be indicated in the new Guaranty should be no greater than the Maximum Collateral Threshold Amount, which is the lower of 6% of the Guarantor’s tangible net worth and $20,000,000.

03-06-2018

FAQ-BEC-9
Q: When will instructions for the submission of the Bid Participation Fee be provided to bidders?

The instructions for submission of the Bid Participation Fee will be provided to bidders along with login credentials (March 14, 2018 for the Spring 2018 BEC RFP).

03-13-2018

FAQ-BEC-10
Q: When will the Spring 2018 Part 1 Form be made available to Bidders?

The Spring 2018 Part 1 Form will be made available to Bidders the morning of March 15, 2018. The Part 1 Window runs from March 15, 2018 until 12 PM (noon) Central on March 22, 2018 (the Part 1 Date).

03-13-2018

FAQ-BEC-11
Q: Are the RFP documents and supplier agreements available in Microsoft Word Format?

The Procurement Administrator does not make documents posted as PDFs to the procurement website available in Microsoft Word format.

03-14-2018

FAQ-BEC-12
Q: Will the benchmarks applicable in the evaluation of Bids be disclosed to Bidders?

No. The benchmarks, as well as the methodology used to develop the benchmarks, are confidential.

03-14-2018

FAQ-BEC-13
Q: Is bilateral credit envisaged under the energy or capacity supplier contracts?

No, bilateral credit is not envisaged under the supplier contracts for the energy procurement events or the capacity procurement event.  As such, the credit and collateral requirements under the applicable supplier contracts applies only to Seller but not to Buyer.

03-14-2018

FAQ-BEC-14
Q: Where can I find the banking information needed to complete Paragraph 7 of the Standard Pre-Bid Letters of Credit?

Please send an email to the Procurement Administrator requesting the banking information. In your email, please specify the procurement event for which you would like to receive the banking information.

03-15-2018

FAQ-BEC-15
Q: Can you confirm that the AIC Capacity Inserts are numbered correctly? Slide 42 from the March 14, 2018 Bidder Information Webcast lists different numbers of the AIC Capacity Inserts than how the AIC Capacity Inserts are numbered on the procurement website.

The AIC Capacity Inserts are numbered correctly. Slide 42 of the webcast slides posted to the procurement website has been updated to include the correct numbering.

03-15-2018

FAQ-BEC-16
Q: With reference to the (AIC) Capacity Agreement, please confirm that there are no payment adjustments for ZRCs that are from the compliance zone, which is LRZ 4.

Yes, this is correct. Only ZRCs from outside the compliance zone are subject to payment adjustments under the term of the (AIC) Capacity Agreement.

03-16-2018

FAQ-BEC-17
Q: I understand that there could be a payment adjustment under the (AIC) Capacity Agreement if the ZRCs are not from the compliance zone. Can you provide an example where the adjustment will add to the payment to Seller?

Under the terms of the (AIC) Capacity Agreement, payments to Seller will only be adjusted to reflect an increased payment if the Source Zone ACP is greater than the Compliance Zone ACP where the Compliance Zone is LRZ4. For purposes of the below example, the “ACP” refers to the Auction Clearing Price from the 2019/2020 MISO Planning Resource Auction and the Compliance Zone is LRZ4. See below for a hypothetical example.

No. of ZRCs won by Seller: 25 ZRCs from Zone 3

Average Winning Bid Price under the (AIC) Capacity Agreement: $50/MW-day

Payment to Seller = $50 x 25 ZRCs x 365 = $456,250

MISO 2019/2020 PRA Results:

LRZ 4 ACP = $30/MW-day

LRZ 3 ACP = $100/MW-day

Adjustment to Payment = ($100 – $30) x 25 ZRCs x 365 = $638,750

Adjusted Payment = $456,250 + $638,750 = $1,095,000

03-16-2018

FAQ-BEC-18
Q: I understand that there could be a payment adjustment under the (AIC) Capacity Agreement if the ZRCs are not from the compliance zone. Can you provide an example where the adjustment will result in a reduced payment to Seller?

Under the terms of the (AIC) Capacity Agreement, payments to Seller will be reduced if the Compliance Zone ACP is greater than the Source Zone ACP where the Compliance Zone is LRZ4. If the amount of the payment reduction is greater than the unadjusted payment, then Seller (not Buyer) will have to pay Buyer under the (AIC) Capacity Agreement.  We provide 2 examples below to illustrate this point.

For purposes of the below example, the “ACP” refers to the Auction Clearing Price from the 2019/2020 MISO Planning Resource Auction and the Compliance Zone is LRZ4.

Example 1:  Where the adjustment results in a reduced payment from Buyer to Seller.

No. of ZRCs won by Seller: 25 ZRCs from Zone 3

Average Winning Bid Price under the (AIC) Capacity Agreement: $90/MW-day

Payment to Seller = $90 x 25 ZRCs x 365 days = $821,250

MISO 2019/2020 PRA Results:

LRZ 4 ACP = $100/MW-day

LRZ 3 ACP = $30/MW-day

Adjustment to Payment = – ($100 – $30) x 25 ZRCs x 365 days = – $638,750

Adjusted Payment = $821,250 – $638,750 = $182,500

Example 2:  Where the adjustment results in payment from Seller to Buyer.

No. of ZRCs won by Seller: 25 ZRCs from Zone 3

Average Winning Bid Price under the (AIC) Capacity Agreement: $50/MW-day

Payment to Seller = $50 x 25 ZRCs x 365 days = $456,250

MISO 2019/2020 PRA Results:

LRZ 4 ACP = $100/MW-day

LRZ 3 ACP = $30/MW-day

Adjustment to Payment = – ($100 – $30) x 25 ZRCs x 365 days = – $638,750

Adjusted Payment = $456,250 – $638,750 = – $182,500 (i.e., payment from Seller to Buyer)

03-16-2018

FAQ-BEC-19
Q: We (the Bidder) are rated by a single ratings agency. Is a single rating sufficient to receive unsecured credit under the supplier contracts?

Yes. The entity on whose financial standing the Bidder relies need only be rated by one of S&P Global Ratings (“S&P”), Moody’s Investors Service (“Moody’s”), or Fitch Ratings (“Fitch”), provided that they meet the minimum rating requirements of the supplier contracts. The minimum ratings are “BBB-” from S&P, “Baa3” from Moody’s, and “BBB-” from Fitch. The maximum amount of unsecured credit that could be granted to a party would be based on the party’s credit rating and tangible net worth.

03-16-2018

FAQ-BEC-20
Q: Is it possible to get a review of the Pre-Bid Letter of Credit prior to issuance by the bank? We have included modifications that were acceptable in a previous procurement event and we want to make sure these remain acceptable.

There is no process for review of draft Pre-Bid Letters of Credit prior to issuance.  A Pre-Bid Letter of Credit submitted for a procurement event must be in the form of the Standard Pre-Bid Letter of Credit for a procurement event or incorporate only modifications approved by a Company and posted to the procurement website. Please check whether the modifications made by your bank are included in the list of modifications posted to the Final Materials page of the Spring Block Energy and Capacity section of the procurement website.

03-16-2018

FAQ-BEC-21
Q: When were instructions for submission of the Bid Participation Fee sent to bidders?

The instructions for submission of the Bid Participation Fee were provided to bidders along with login credentials on March 14, 2018. Please email the Procurement Administrator should you wish to receive the instructions to submit the Bid Participation Fee.

03-19-2018

FAQ-BEC-22
Q: Do we need to provide financial information for the Bidder in Section 3 of the Part 1 Form, Financial Requirements, if we are relying on the financial standing of a Guarantor?

No. Section 3 of the Part 1 Form, Financial Requirements, only requires that you provide financial information for the Entity on whose financial standing the Bidder relies. In your case, you would provide the financial information for the Guarantor.

03-19-2018

FAQ-BEC-23
Q: Is there a way we can list additional contacts in the Part 1 Form so that the Procurement Administrator can send correspondence to those individuals in addition to the Representative of the Bidder?

The Fourth Item of Section 1, Contact Information, of the online Part 1 Form allows the Bidder to provide the name, title, and contact information of up to three (3) individuals who are designated by the Officer of the Bidder or the Representative as Nominee(s) to receive communications from the Procurement Administrator by providing the Nominee Insert (#P1-2). The Nominee Insert must be completed and signed by the Officer of the Bidder or the Representative. Please note that the Representative of the Bidder should not be named a Nominee.

03-20-2018

FAQ-BEC-24
Q: Is there a guide for completing the online Part 1 Form?

The Illustrative Part 1 Form posted to the Final Materials page of the Spring Block Energy and Capacity section of the procurement website, while illustrative only, can be a useful guide for completing the online Part 1 Form.

03-20-2018

FAQ-BEC-25
Q: Are redline comparisons between the Fall 2017 and Spring 2018 supplier contracts available?

On February 20, 2018 the Procurement Administrator posted redlines between the draft supplier contracts for the Spring 2018 procurement events and the final supplier contracts from the Fall 2017 procurement events. These documents are available on the Draft Documents page of the Spring Block Energy and Capacity section of the procurement website. On March 13, 2018 the Procurement Administrator posted redlines between the draft supplier contracts and the final supplier contracts for the Spring 2018 procurement events for those documents for which minimal changes were made. These documents are available on the Final Materials page of the Spring Block Energy and Capacity section of the procurement website.

03-21-2018

FAQ-BEC-26
Q: How should we proceed if there are delays in the overnight delivery service that we use to send the check for the Bid Participation Fee to the IPA?

If you provide evidence of payment (i.e., a copy of the check) through Section 2 of the online Part 1 Form, you will have fulfilled the requirements of that section, but your Part 1 Proposal will remain deficient until the IPA has confirmed receipt of your Bid Participation Fee.  As further information, we would appreciate receiving the tracking number for the package and proof that the package was sent (and, to the extent that your Proposal is otherwise deficient when we receive this information, you will be provided additional time to cure all deficiencies of the Proposal).

Please assess whether it is possible that the overnight delivery service that you are using would fail to deliver the Bid Participation Fee to the IPA by the date at which the Procurement Administrator qualifies Bidders and sends the Part 1 Notifications (Tuesday, March 27).  A Bidder always has the option to use e-pay for the payment of the Bid Participation Fee (at which point, if your check is eventually received by the IPA, the check will be destroyed or returned to you).

03-22-2018

FAQ-BEC-27
Q: Can you provide an overview of the Products sought by the Block Energy and Capacity RFP?

The Block Energy and Capacity RFP is for the purchase of wholesale power by the utilities.

For the solicitation of energy blocks, all on-peak hours in a given month constitute the “On-Peak Segment” for that month and all off-peak hours of that month constitute the “Off-Peak Segment” for that month. A “Product” is a constant quantity of energy to be supplied to a Company (Ameren Illinois, ComEd, or MEC) at the delivery point specified by that Company in either the On-Peak Segment or the Off-Peak Segment of a specific month.

A successful Bidder that becomes a Seller to a Company provides a constant amount of energy to that Company corresponding to the sum of the number of blocks won of the Product for that Segment of that month, and the number of blocks won of any Combination that includes that Segment of that month, times 25 MW. For each Segment of each month, the price paid to the Seller is the average of the Seller’s own approved Bids for all blocks of that Product and for all blocks of a Combination that includes that Segment of that month.

For the solicitation of capacity for Ameren Illinois, the “Product” consists of annual Zonal Resource Credits (“ZRCs”), as such term is defined in MISO’s Business Practice Manuals and MISO’s Open Access Transmission, Energy and Operating Reserve Market Tariff for the 2019-2020 Planning Year. A successful Bidder that becomes a Seller delivers the contracted quantity of ZRCs by submitting the appropriate transactions in the Module E Capacity Tracking Tool. The amount paid to the Seller is the average of the Seller’s own approved Bids for all ZRCs in the Planning Year, in $/MW-Day, multiplied the number of ZRCs delivered, multiplied by the number of calendar days in the Planning Year. If any of the ZRCs that are delivered are not located in Local Resource Zone 4, which is the zone in which AIC capacity obligations reside, the payment to the Seller is adjusted as specified in the applicable supplier contract.

Please review the details of the applicable supplier contracts and the RFP Rules on the “Spring Block Energy and Capacity” tab of the procurement website.

03-22-2018

FAQ-BEC-28
Q: Can you please provide the W-9s for the Companies?

The Form W-9 for each Company is available upon request from the Procurement Administrator. Please send your request via email and please indicate the Company or Companies for which a W-9 is required.

03-22-2018

FAQ-BEC-29
Q: Where should the bank send the Pre-Bid Letters of Credit?

Please see Paragraphs V.2.3, V.3.3, V.4.3, and V.5.2 of the RFP Rules for delivery addresses for the Pre-Bid Letter of Credit for AIC Energy, ComEd, MEC, and AIC Capacity respectively.

03-23-2018

FAQ-BEC-30
Q: Are Bidders provided with a list of other Bidders with their Part 1 Notification or after successfully completing the Part 2 Proposal?

No. Bidders are not provided with a list of other Bidders at any point.

However, in accordance with the Act and ICC Orders, information listed in Paragraph VI.2.15 of the RFP Rules, as pasted below, will be made public at the time of the ICC approval of a procurement event:

  • For the procurement of Energy Products for a Company: (i) the names of successful Bidders; (ii) the load-weighted average of the winning Bids for each Segment of each month; (iii) the load-weighted average of the winning Bids for each Product and for each Combination; (iv) the number of megawatts awarded for each Segment of each month, provided that there are at least three (3) successful Bidders; and (v) the number of megawatts awarded for each Product and for each Combination, provided that there are at least three (3) successful Bidders.
  • For the procurement of the Capacity Product for AIC: (i) the names of successful Bidders; (ii) the average of the winning Bids; and (iii) the number of ZRCs awarded, provided that there are at least three (3) successful Bidders.
03-27-2018

FAQ-BEC-31
Q: When is the online Part 2 Form made available to Bidders for the Spring 2018 procurement events?

The online Part 2 Form is made available to Bidders on Wednesday, March 28, 2018 at the beginning of the business day.

03-27-2018

FAQ-BEC-32
Q: When will the final Targets become available?

Final Targets were provided to Bidders with their Part 1 Notifications on March 27, 2018. The final Targets will be posted to the Final Materials page of the Spring Block Energy Capacity page of the procurement website by the Part 2 Date.

03-28-2018

FAQ-BEC-33
Q: Can cash be posted as Pre-Bid Security instead of a Pre-Bid Letter of Credit?

No, cash cannot be used in place of a Pre-Bid Letter of Credit. With the Part 2 Proposal, a Bidder must submit an executed Pre-Bid Letter of Credit for the procurement event(s) in which the Bidder is participating.  Bidders must either use the Standard Pre-Bid Letter of Credit provided as an Appendix to the RFP Rules, or the Pre-Bid Letter of Credit must incorporate only those modifications to the Standard Pre-Bid Letter of Credit approved by a Company and posted to the procurement website.

03-28-2018

FAQ-BEC-34
Q: How do you calculate the maximum amount for the Pre-Bid Letter of Credit if the Bidder bids on all Products and all Combinations for a Company?

If a supplier bids on all Products and all Combinations for a Company in a block energy procurement event, the maximum number of blocks (with each block representing a given Segment and month) that a supplier could win is equal to the sum of the individual monthly targets.   These are maximums on the number of blocks that a supplier may win, whether the supplier wins these months/segments as a result of submitting Bids on individual Products or as a result of submitting Bids on Combinations.

03-28-2018

FAQ-BEC-35
Q: Are we able to provide comments on the Letters of Full Transfer included as Schedules 1, 2, and 3 of the Standard Post-Bid Letters of Credit for AIC during the Part 2 Window?

Bidders had the opportunity to provide comments on or propose modifications to the changes that were made to the Standard Post-Bid Letter of Credit for AIC Energy Products as well as the Standard Post-Bid Letter of Credit for the AIC Capacity Product relative to the previously used Standard Post-Bid Letters of Credit during the Part 1 Window. No changes were made to the Letters of Full Transfer (Schedules 1, 2, and 3) relative to the previously used Letters of Full Transfer. Thus there is no opportunity for proposing modifications to the Letters of Full Transfer for the Spring 2018 procurement event.

03-28-2018

FAQ-BEC-36
Q: We realized that there is an error in the Pre-Bid Letter of Credit that was sent by our bank to a Company. How do we go about making the correction?

Your bank can issue an amendment to the Pre-Bid Letter of Credit that corrects the error and send this amendment to the Company.

04-02-2018

FAQ-BEC-37
Q: We submitted all materials for our Part 2 Proposal except for the Pre-Bid Letters of Credit and this is our only outstanding deficiency. Why are we locked out of the online Part 2 Form? How can we provide the scans of our executed Pre-Bid Letters of Credit?

You are locked out of the online Part 2 Form because you have submitted all portions of the Part 2 Proposal that are reviewed by the Procurement Administrator. The Pre-Bid Letters of Credit are to be sent directly to the Companies in accordance with the instructions provided to you. A scanned copy of an executed Pre-Bid Letter of Credit is not a requirement of the Part 2 Proposal. If you wish to provide scans and you do not have an email address for one or more of the Companies, please request them from the Procurement Administrator via email.

04-02-2018

FAQ-BEC-38
Q: It is possible that the bank that is issuing our Pre-Bid Letter of Credit also provides services to other entities that could bid in the same procurement event. Could this impair our ability to make the certifications of the Part 2 Proposal?

A requirement of the Proposal is that Bidders bid independently and maintain the confidentiality of their Proposals.  The Officer of the Bidder must make a number of certifications in the Part 2 Proposal, including that: (i) the Bidder is bidding independently and that it has no knowledge of any Proposal submitted for the procurement event by another Bidder in response to the Block Energy and Capacity RFP (“BEC RFP”); and (ii) the Bidder has maintained and will continue to maintain the confidentiality of its Proposal during the preparation of the Proposal.  To ensure that the Officer of the Bidder can make these certifications, it is essential for your bank not to provide you with information related to another Bidder’s Proposal.   To that end, you should require that the representatives from your bank not provide any information to you regarding other entities in case such entities are also submitting Proposals in the procurement events under the BEC RFP. The Procurement Administrator can also contact a representative from the bank on your behalf.

04-02-2018

FAQ-BEC-39
Q: We were notified that our Pre-Bid Letter of Credit requires an amendment. Where should we send the amendment?

Any amendment required by a Company should be sent directly to that Company at the address used to send the original executed Pre-Bid Letter of Credit.

04-02-2018

FAQ-BEC-40
Q: We issued our Energy Pre-Bid Letters of Credit based on the Initial Targets and not the Final Targets. What are the maximum Pre-Bid Letter of Credit amounts needed to bid on all of a Company’s Energy Products?

A Pre-Bid Letter of Credit in an amount of at least $2,180,000 allows a Bidder to bid on all Blocks available for AIC’s Energy Products. A Pre-Bid Letter of Credit in an amount of at least $7,115,000 allows a Bidder to bid on all Blocks available for ComEd’s Energy Products. A Pre-Bid Letter of Credit in an amount of at least $165,000 allows a Bidder to bid on all Blocks available for MEC’s Energy Products.

04-03-2018

FAQ-BEC-41
Q: How do we amend the amount of our Pre-Bid Letter of Credit for a Company’s Energy Products?

You may change the amount of your Pre-Bid Letter of Credit for a Company’s Energy Products by issuing an amendment to reflect the desired amount. Any amendment changing the amount of the Pre-Bid Letter of Credit for a Company’s Energy Products should be sent directly to that Company at the address used to send the original executed Pre-Bid Letter of Credit.

04-03-2018

FAQ-BEC-42
Q: The Officer of the Bidder who made the representations and certifications required by the Part 1 Proposal is unavailable and cannot make the representations and certifications required by the Part 2 Proposal. How should we proceed?

All representations and certifications required by the Block Energy and Capacity RFP, including those in the Part 1 Proposal and the Part 2 Proposal, must be made by a single individual who is an Officer of the Bidder. An Officer of the Bidder is an individual empowered to undertake contracts and bind the Bidder.

Please name another individual with the appropriate qualifications to serve as Officer of the Bidder by updating the first item of Section 1, Contact Information. The new Officer of the Bidder will, in addition to making all certifications of the Part 2 Proposal, be required to make all certifications of the Part 1 Proposal and submit these with the Part 2 Proposal.

04-03-2018

FAQ-BEC-43
Q: Are the Targets included in the Bid Forms attached to Bidders’ Part 1 Notifications the Final Targets?

Yes. The Targets included in the Bid Forms attached to Bidders’ Part 1 Notifications are the Final Targets.

04-04-2018

FAQ-BEC-44
Q: What are the Supplier Fees for the Spring 2018 procurement events?

The Supplier Fees are the following:

$ 178 per on-peak block

$ 118 per off-peak block

$ 20 per ZRC

04-04-2018

FAQ-BEC-45
Q: When is the next scheduled AIC Capacity procurement event?

As specified in the IPA’s 2018 Procurement Plan, an AIC Capacity procurement event will be held in Fall 2018 to procure up to 50% of AIC’s capacity requirements for the 2019-2020 Delivery Year. A schedule of events is not yet available.

04-13-2018

FAQ-BEC-46
Q: We won blocks during the latest procurement event. How do we determine the amount of the Supplier Fee owed to the IPA?

An invoice will be provided to you directly by the IPA.

04-13-2018


New Solar FAQs
Click on the question to see the answer:

FAQ-IFP-1
Q: When will the documents for the New Solar RFP be issued?

The RFP documents including the rules will be issued by Wednesday, February 7, 2018 and posted on the procurement website here:

https://www.ipa-energyrfp.com/new-solar/final-materials/

02-01-2018

FAQ-IFP-2
Q: When will applicants’ login credentials be issued?

You will receive credentials to access the online Qualification Form for the New Solar RFP no later than the opening of the Part 1 Window on Friday, February 9, 2018.

02-01-2018

FAQ-IFP-3
Q: Will the New Solar RFP follow the same proposal requirements and qualification process as the Fall 2017 Wind and Solar RFP?

The main elements of the qualification process from the Fall 2017 procurement event will be maintained. The Procurement Administrator has posted a document with preliminary proposal requirements to the “Draft Documents” page of the New Solar tab of the procurement website. The Procurement Administrator has also posted, to that same page, the final forms of the Pre-Bid Letters of Credit and of the requirements for the letter of intent. The Procurement Administrator expects to release on January 31, 2018 parameters for the procurement events, including amounts for the bid assurance collateral as well as parameters for site control.

The final RFP documents including the rules will be issued by Wednesday, February 7, 2018 and posted on the procurement website here:

https://www.ipa-energyrfp.com/new-solar/final-materials/

02-01-2018

FAQ-IFP-4
Q: Is there a size requirement for brownfield site photovoltaic projects (either a minimum or maximum MW)?

There is no size requirement related to brownfield site photovoltaic projects.

02-01-2018

FAQ-IFP-5
Q: We have a commercial customer for a project who is interested in taking part in the upcoming solar program in March. Would such a customer be eligible?

From the information provided we are unable to determine whether or not a project constructed by your customer is eligible to participate in the New Solar RFP scheduled for March. The New Solar RFP aims to procure RECs annually from new Solar Projects that are either utility-scale solar or brownfield site photovoltaic projects. Projects that were energized as of June 1, 2017 are not eligible. A utility-scale solar project means an electric generating facility that generates electricity using photovoltaic cells and that has a nameplate capacity greater than 2,000 kW (AC rating). A brownfield site photovoltaic project means photovoltaics that are interconnected to an electric utility, a municipal utility, a public utility or an electric cooperative as defined by the Act. There are additional requirements for brownfield site photovoltaic projects to be eligible to participate in this procurement event.

02-02-2018

FAQ-IFP-6
Q: When will the first bidder information webcast for the New Solar RFP be held?

A bidder information webcast for the procurement events has been scheduled for Thursday, February 8, 2018. The webcast will address contract terms, qualification requirements, procedure to submit bids, and many more topics. If you have not done so already, you may register to receive updates and announcements regarding the IPA RFPs on the Contact Us page:

https://www.ipa-energyrfp.com/contact-us/

02-02-2018

FAQ-IFP-7
Q: I understand that there are two procurement events under the New Solar RFP. Will all utility-scale solar RECs be procured from the first procurement event and all brownfield site photovoltaic RECs be procured from the second procurement event?

No, both new utility-scale solar projects and new brownfield site photovoltaic projects will be eligible to participate in both procurement events.

02-02-2018

FAQ-IFP-8
Q: How many RECs will be procured from each of the two New Solar RFP events?

The number of renewable energy credits (“RECS”) to be procured from new Solar Projects in each of the two procurement events is 400,000 RECs annually.

02-02-2018

FAQ-IFP-9
Q: Where can I find the calendar for the New Solar RFP and other upcoming solar procurement events?

The calendar for these upcoming procurements is available on the procurement website:

https://www.ipa-energyrfp.com/wordpress/wp-content/uploads/2014/05/IPA-2018-New-Solar-RFP-Calendar_10-JAN-2018.pdf

02-02-2018

FAQ-IFP-10
Q: When will the documents, including the bidding procedures and proposal requirements, be issued for the New Solar RFP? Is there any preliminary information available?

RFP documents for the New Solar RFP including the rules, which will provide the bidding procedures, will be issued by Wednesday, February 7, 2018 and posted on the procurement website here:

https://www.ipa-energyrfp.com/new-solar/final-materials/

The procurement events held under the New Solar RFP are for the annual delivery of renewable energy credits from new Solar Projects (utility-scale projects or brownfield site photovoltaic projects). As defined in Public Act 099-0906, a utility-scale solar project means an electric generating facility that generates electricity using photovoltaic cells and that has a nameplate capacity greater than 2,000 kW (AC rating). A brownfield site photovoltaic project means photovoltaics that are interconnected to an electric utility, a municipal utility, a public utility or an electric cooperative as defined by the Act. There is no size requirement related to brownfield site photovoltaic projects.

The Procurement Administrator has posted a document with preliminary proposal requirements to the “Draft Documents” page of the New Solar tab of the procurement website. The Procurement Administrator has also posted, to that same page, the final forms of the Pre-Bid Letters of Credit and of the requirements for the letter of intent. On January 31, 2018, the Procurement Administrator released parameters for the procurement events, including amounts for the bid assurance collateral as well as parameters for site control.

02-02-2018

FAQ-IFP-11
Q: What are the bid assurance collateral requirements for the New Solar RFP? Must collateral be provided separately to each of the three Companies?

Each Bidder in the New Solar RFP will be required to provide bid assurance collateral in the form of cash or a letter of credit separately to each of the three Companies (Ameren Illinois Company (“AIC”), Commonwealth Edison Company (“ComEd”), and MidAmerican Energy Company (“MEC”)) for all the Projects for which the Bidder is presenting a Proposal. The required amounts are as follows:

  • $4,000/MW for AIC up to a maximum of $850,000;
  • $10,000/MW for ComEd up to a maximum of $2,100,000; and
  • $1,000/MW for MEC up to a maximum of $250,000.

For purposes of determining the amount of bid assurance collateral, the size of the Project will be rounded up to the nearest megawatt.

02-02-2018

FAQ-IFP-12
Q: Will the bid assurance collateral amounts be determined using the project’s AC or DC rating?

For purposes of determining the amount of bid assurance collateral, the project size in MW (AC rating) will be used.

02-02-2018

FAQ-IFP-13
Q: Suppose that the Supplier Fee is $0.07 per REC and that our Annual Quantity for the Project is 200,000. Could you please confirm that, if our Project was selected, the supplier fees owed would be $0.07 x 200,000 RECs x 15 years = $210,000? How are the supplier fees invoiced and when must they be paid?

Your calculation is correct. Please note that $0.07 may or may not be the level of the supplier fee per REC for the 2018 procurement events. Projects with winning Bids receive an invoice and instructions regarding payment directly from the Illinois Power Agency. The Supplier Fee must be paid to the IPA by the Bidder or Seller no later than seven (7) business days after the date at which the Illinois Commerce Commission approves the Bids.

02-02-2018

FAQ-IFP-14
Q: Regarding the REC contract from the New Solar RFP, who has title to the RECs, the Project Owner or the Seller?

The Seller must have title or the right to legally transfer or assign RECs from the Project as the Seller has the obligation to transfer RECs to the account of the applicable Company, ComEd, Ameren or MEC, in the relevant tracking system in an unretired state. At that point the Companies retire the RECs.

02-02-2018

FAQ-IFP-15
Q: I am looking at the results for the Fall 2017 Wind and Solar RFP (released on September 7, 2017) and it says the clearing price is $4.26 / REC. Is that the average price of the Wind REC and the Solar REC? It does not specify how many solar RECs cleared. Is this because there were not at least three (3) successful bidders for the Solar REC?

The Average Winning Price of $4.26/REC is an average of the winning Wind RECs and Solar RECs. The quantity of RECs for solar projects was not released as there were not at least three (3) successful bidders.

02-02-2018

FAQ-IFP-16
Q: Will the names of the winning bidders and the average of the winning bid prices be made public if there is only one or two winning bidders?

The Act requires that the names of the successful bidders and the average of the winning bid prices be made public at the time of Commission approval of a procurement event. However, the Act also requires that individual bidding information be kept confidential.  At times such requirements may conflict and, in such cases, decision on the information to be released is made on a case-by-case basis.

An Order of the Commission in Docket 08-0519 also requires that information related to winning quantities be released at the time of Commission approval as long as there are at least three winning bidders in a procurement event. The condition of at least three winning bidders applies to the release of winning quantities and does not apply to the release of information about winning bid prices or the names of the winning Bidders.

02-02-2018

FAQ-IFP-17
Q: Where can I find data on the most recent winning bid prices?

The Fall 2017 Wind and Solar RFP results are available on the procurement website here:

https://www.ipa-energyrfp.com/2017-2018-initial-forward-procurements/

02-02-2018

FAQ-IFP-18
Q: Are there plans for future rounds of additional Wind and Solar REC procurements?

Yes, two procurement events to complete the initial forward procurements for the delivery of 800,000 total RECs annually from new utility-scale solar projects or brownfield site photovoltaic projects have been planned. The calendar for these upcoming procurements is available on the procurement website:

https://www.ipa-energyrfp.com/wordpress/wp-content/uploads/2014/05/IPA-2018-New-Solar-RFP-Calendar_10-JAN-2018.pdf

In response to Public Act 99-0906, on December 4, 2017, the Illinois Power Agency filed its Long-Term Renewable Resources Procurement Plan (“LTRRPP”) which addresses a variety of new procurements and programs. The LTRRPP is subject to approval by the Illinois Commerce Commission (expected on April 3, 2018). The filed plan and related documents are available on the Illinois Power Agency website here:

https://www2.illinois.gov/sites/ipa/Pages/Renewable_Resources.aspx

02-02-2018

FAQ-IFP-19
Q: What is the timing for return of the bid assurance collateral that will be provided with the Part 2 Proposal? Is it the same timing under the New Solar RFP as it was under the W&S RFP?

Under the W&S RFP, if a Project was not selected, cash provided as bid assurance collateral would be returned as soon as practicable after the Commission decision assuming that the Company had received proper documentation from the Bidder. A Letter of Credit provided as bid assurance collateral would be left to expire as part of its terms. Under the New Solar RFP, if a Project is not selected in either of the two procurement events, cash provided as bid assurance collateral will be returned as soon as practicable after the Commission decision on the second procurement event (assuming that the Company has received proper documentation from the Bidder). A Letter of Credit provided as bid assurance collateral will be left to expire as part of its terms.

02-05-2018

FAQ-IFP-20
Q: What additional documents must be provided for the return of bid assurance collateral?

If the Bidder provides a Pre-Bid Letter of Credit, the Pre-Bid Letter of Credit is left to expire as part of its terms. If the Bidder provides cash as bid assurance collateral, the Bidder must provide the following documents: (i) a W-9 for the entity to which cash will be returned; and (ii) a request, on the appropriate entity’s letterhead, for the return of the cash tendered including wire instructions and an email address.

02-05-2018

FAQ-IFP-21
Q: Where are the materials for the February 8 webcast posted?

The Procurement Administrator has posted the presentation materials and the audio recording from the bidder information webcast held on February 8, 2018, to the Final Materials page of the New Solar section of the procurement website.

02-13-2018

FAQ-IFP-22
Q: Where can I find the Part 1 Inserts for the New Solar RFP?

The Part 1 Inserts are available on the Final Materials page of the New Solar section of the procurement website.

02-13-2018

FAQ-IFP-23
Q: When were instructions for submission of the bid participation fee sent to bidders?

The instructions for submission of the Bid Participation Fee were provided to bidders along with login credentials (February 12, 2018 for the first procurement event).

02-13-2018

FAQ-IFP-24
Q: Do we need to pay the Bid Participation Fee to submit a Proposal under the New Solar RFP if we paid the Bid Participation Fee in 2017 with our Part 1 Proposal in the Wind and Solar RFP?

The Bid Participation Fee is paid by a Bidder once each calendar year.   A Bidder that paid the Bid Participation Fee in 2017 with its Part 1 Proposal in the Wind and Solar RFP must pay the Bid Participation Fee in 2018 with its Part 1 Proposal in the New Solar RFP.

A Bidder that submits Proposals for multiple Projects is only required to pay a single Bid Participation Fee. Furthermore, a Bidder that pays the Bid Participation Fee in the first procurement event under the New Solar RFP will not have to pay again in order to participate in the second procurement event under the New Solar RFP or in any other procurement event held by the IPA in 2018.

02-13-2018

FAQ-IFP-25
Q: Can the bid participation fee be paid via ACH?

The instructions for submission of the Bid Participation Fee that were provided to bidders along with login credentials on February 12, 2018 name the only methods acceptable for submission of the bid participation (by check and by e-check).

02-14-2018

FAQ-IFP-26
Q: If a Seller chooses to meet the Collateral Requirement under the terms of the REC Contract as cash upon contract execution, can the Seller at a later time replace the posting of cash with a Letter of Credit?

Yes, the Seller can change how it chooses to meet the Collateral Requirement under the terms of the REC Contract. However, if a Letter of Credit is used, this Letter of Credit must be acceptable to the Company.

02-14-2018

FAQ-IFP-27
Q: Is it possible for a Seller to be awarded only of portion of the RECs that were bid for a Project? If so, is the Seller required to accept the award?

Projects will be selected on the basis of price. In the example you provide, the lowest and the second lowest priced projects would be selected. The second lowest priced project would win only a portion of the RECs bid.  If the results are approved by the Commission, the Bidder would have the option to accept or reject the partial award.

02-14-2018

FAQ-IFP-28
Q: Are we required to submit the signature pages of the REC Contract with the Part 1 Proposal to show our acceptance of its terms?

No. If a Seller has a Project with approved Bids for a Company, by 12 PM CPT (noon) on the first business day after the ICC decision, the Company prepares and sends a partially executed electronic copy of the REC Contract and related documents to the Seller. By 12 PM CPT (1 PM Eastern Prevailing Time) on the second business day after the ICC decision, the Seller executes the signature pages of the partially executed REC Contracts and related documents and sends such fully executed signature pages to the Company electronically.

However, in the Part 1 Proposal, the Seller will be required to certify that it understands and accepts the terms of the REC Contract and accepts the fact that the number of REC Contracts and the counterparties under such REC Contracts will be assigned to the Seller by the Procurement Administrator.

02-14-2018

FAQ-IFP-29
Q: Can you post a redline of the final REC Contract (posted February 6, 2018) to the draft REC Contract (posted January 12, 2018)?

A redline comparison was not posted as there were no changes made between the draft REC Contract (posted January 12, 2018) and final REC Contract (posted February 6, 2018). A redline of the draft REC Contract to the REC Contract used in the 2017 Wind and Solar procurement event is posted to the Draft Documents page of the New Solar tab of the procurement website.

02-14-2018

FAQ-IFP-30
Q: Are the procurement events under the New Solar RFP restricted to larger utility-scale Projects?

The procurement events held under the New Solar RFP are for the annual delivery of renewable energy credits from new Solar Projects (utility-scale projects or brownfield site photovoltaic projects). As defined in Public Act 099-0906, a utility-scale solar project means an electric generating facility that generates electricity using photovoltaic cells and that has a nameplate capacity greater than 2,000 kW (AC rating). A brownfield site photovoltaic project means photovoltaics that are interconnected to an electric utility, a municipal utility, a public utility or an electric cooperative as defined by the Act. There is no size requirement related to brownfield site photovoltaic projects.

02-14-2018

FAQ-IFP-31
Q: If the bid for our Project is not successful in the first procurement event, will the bid assurance collateral automatically roll over to the second procurement event?

Bid assurance collateral that is tendered for the first procurement event and that is still required for the second procurement event will roll over to the second procurement event.   In that manner, a Bidder that provides bid assurance collateral in the first procurement event and that participates in the second procurement event with the same Projects will already have the bid assurance collateral in place for the second procurement event.

However, if a Bidder participates in the first procurement event but does not participate in the second procurement event (as evidenced by the Bidder not submitting the Part 1 Proposal in the second procurement event for any of the Bidder’s Projects), the Bidder can submit an amendment to provide April 5, 2018 as the revised date of expiration of its Pre-Bid Letter of Credit or can submit a request for the return of cash tendered as bid assurance collateral to release the bid assurance collateral earlier (on or after the Part 1 Date of the second procurement event). Similarly, if a Bidder participates in both procurement events but the aggregate size of the Bidder’s Projects is less in the second procurement event than in the first procurement event, then the Bidder can submit an amendment to reduce the amount of its Pre-Bid Letter of Credit or can submit a request for the return of a portion of the cash tendered as bid assurance collateral on or after the Part 1 Date of the second procurement event.

02-14-2018

FAQ-IFP-32
Q: Can I submit two Proposals under the New Solar RFP for two facilities on adjacent parcels of land?

A “Project” for purposes of the New Solar RFP has or will have a single revenue quality meter that satisfies the requirements of the applicable regional transmission organization, transmission provider, or distribution company, and that measures or will measure its generation output.  The New Solar RFP solicits new utility-scale solar Projects (over 2 MW) as well as brownfield site photovoltaic projects.

The answer to your question depends on whether the two adjacent facilities have one or two meters installed and thus whether there are one or two accounts registered in PJM EIS GATS or M-RETS.  If each facility has its own single revenue quality meter and account with PJM EIS GATS or M-RETS, then each facility is a “Project” for which a Proposal and Bid may be submitted.  To the extent that the output from both facilities is measured by a single meter and the output is reflected in a single account with PJM EIS GATS or M-RETS, then the two facilities together consists of a single Project for which you may submit a single Proposal and Bid.

02-14-2018

FAQ-IFP-33
Q: Does a net metering or virtual metering brownfield site photovoltaic project qualify to participate in the New Solar RFP? Or would such a project be disqualified because the project would fail to meet the requirement that it not be “a generating unit whose costs are recovered through rates”?

Assuming not otherwise barred from participation (such as due to location or project maturity status), a brownfield site project participating in a net metering program would not be disqualified from participating, as the IPA does not consider a project’s mere participation in a net metering or virtual net metering program to constitute “a generating unit whose costs were being recovered through rates regulated by this State or any other state or states on or after January 1, 2017.”  (20 ILCS 3855/1-75(c)(1)(J)). However, such projects may instead seek to participate in the Adjustable Block Program described in Section 1-75(c)(1)(K)-(L) of the IPA Act and proposed in the IPA’s Long-Term Renewable Resources Procurement Plan or in the brownfield site procurement event proposed in the IPA’s Long-Term Renewable Resources Procurement Plan, as approved by the Illinois Commerce Commission.

02-14-2018

FAQ-IFP-34
Q: We intend on contracting with a developer to install a Project on our property. As land Owner, can we be a Bidder in the New Solar RFP?

The “Bidder” is the entity submitting the Proposal and “Seller” is the entity intended to be the signatory to the REC Contract for the Project. If the Bidder is presenting a single Proposal for a single Project, which appears to be the case, the Bidder and the Seller must be the same entity.

If the land Owner has not yet selected a developer, the land Owner would be both the Bidder and the Seller. The Owner would be required to submit the Proposal and sign the REC Contract should the Project be selected through the New Solar RFP and approved by the Commission. Please note, however, that there are two procurement events under the New Solar RFP and the Owner also may opt to participate in the second procurement event only, for which the Part 1 Window opens on March 30, 2018.

02-14-2018

FAQ-IFP-35
Q: Is there a specific milestone in the development process that a Project must meet in order to qualify for participation under the New Solar RFP?

The qualification requirements do not specify a particular milestone in the development process that results in the qualification or disqualification of a Project. Please refer to Article IV of the RFP Rules, in particular Section IV.2, for requirements to qualify a Project.

Those requirements include providing the size of the Project in MW (AC rating), providing a complete address for the Project along with a map of the Project site clearly showing the site location, providing documentation showing site control, and providing an expected Date of First Operation consistent with the fact that the Project must deliver its first REC on or before June 1, 2021. Furthermore, the Officer of the Seller will be required to agree and to certify that the Project has reached whichever development milestones are appropriate to fully expect that the Project will deliver its first REC on or before June 1, 2021.

02-14-2018

FAQ-IFP-36
Q: Can you confirm that we are not required to submit any materials for our project if we intend on participating only in the second procurement event under the New Solar RFP?

That is correct. The Part 1 Window for the second procurement event opens on March 30, 2018 and nothing is required before that time if a Bidder is considering participation in the second procurement event only.

However, we will note that if you do elect to submit materials in the first procurement event for a Project and the Project is qualified pursuant to the submission of the online Part 1 Form and all required documents, then if you wish to present the same Project in the second procurement event, you can do so simply by resubmitting the online Part 1 Form without changes during the Part 1 Window for the second procurement event.

02-14-2018

FAQ-IFP-37
Q: Can the Procurement Administrator provide advice on whether a particular site or Project would qualify as a brownfield site photovoltaic project?

In the Proposal, a Seller will be required to represent that the Project is a “utility-scale solar project” or a “brownfield site photovoltaic project” as these terms are defined in the Act and that the Seller has made all investigations it deems necessary to make this determination.

It is the sole responsibility of the Seller to determine that the Project meets the definition of “brownfield site photovoltaic project” as defined in the Act.

02-16-2018

FAQ-IFP-38
Q: Is a 1.4 MW Project in a state adjoining Illinois eligible for participation in the New Solar RFP?

For purposes of qualifying in the New Solar RFP, a Project may be located in Illinois or in one of the states adjacent to Illinois. States adjacent to Illinois are Wisconsin, Iowa, Missouri, Kentucky, Indiana and Michigan. A project located in a state adjacent to Illinois must meet the public interest criteria specified in Section 1-75(c)(1)(I) of the IPA Act.

Please note that, in addition to this location requirement, there is a size requirement for utility-scale projects. As defined in Public Act 099-0906, a utility-scale solar project means an electric generating facility that generates electricity using photovoltaic cells and that has a nameplate capacity greater than 2,000 kW (AC rating). Brownfield site photovoltaic projects can participate in this New Solar RFP and there is no size requirement related to brownfield site photovoltaic projects.

02-16-2018

FAQ-IFP-39
Q: If a Project received a partial award, can the nameplate capacity of the Project be modified?

The obligations of the REC Contract are linked to the REC delivery and not to the size of the Project. However, if the project is not a brownfield site photovoltaic project, the RECs delivered under the terms of the REC Contract must be associated with generation from a utility-scale solar project, which is defined in the Act as having a nameplate capacity greater than 2,000 kW (AC rating).

02-16-2018

FAQ-IFP-40
Q: There are only spaces to upload 3 documents in section 2 to demonstrate site control. We have more than 3 documents. How should we proceed?

Any document supporting the Part 1 Proposal can be submitted by email to the Procurement Administrator. You may also: (i) combine the PDFs into a single document; or (ii) upload documents in the extra spaces provided in the Justification of Omissions (Section 7).

02-16-2018

FAQ-IFP-41
Q: We requested multiple accounts for submitting proposals for multiple projects. Does the Procurement Administrator pre-assign Projects to each of the accounts so that we should specifically use a particular account for a given Project?

For a bidder that requested multiple accounts to present proposals for multiple Projects, you may use any one of these accounts for a given Project (with the understanding that each Project should use a different account). The Procurement Administrator does not pre-assign a Project to a particular account.

02-16-2018

FAQ-IFP-42
Q: Is the bid assurance collateral returned or is it effectively a fee for participating in the procurement events?

Bid assurance collateral is returned or cancelled at the end of the second procurement events (more precise timing is provided in the RFP Rules).

02-16-2018

FAQ-IFP-43
Q: While the amount of bid assurance collateral required per MW for a solar project is the same as in the 2017 Wind & Solar RFP, we note that the bid assurance collateral limits per utility have increased substantially. Can you please explain the reasons for the change?

One objective of the bid assurance collateral is for the bidder to show that the bidder will be able to meet the Collateral Requirement under the REC Contract. Not meeting the Collateral Requirement would lead to supplier default, termination of the REC Contract, and failure of the procurement event to procure the number of RECs intended.

The bid assurance collateral in 2017 was set assuming that the typical situation would be one where bid assurance collateral would be posted for an average solar Project. While Bidders that are presenting projects on behalf of multiple Sellers have the option to submit bid assurance collateral for each project separately, this option generally was not used. The consequence was that bidders that presented multiple projects, or bidders presenting large facilities, were potentially under-collateralized. For example, suppose a bidder presented two winning projects, a 30 MW project and a 20 MW project. If the Seller for the 30 MW project failed to sign the REC Contract, the entire amount of bid assurance collateral could be drawn. If subsequently the Seller for the 20 MW project failed to meet the Collateral Requirement or to pay the Supplier Fees, there would be no further draw possible as bid assurance collateral would have been exhausted. Thus “under-collateralized” here means that the bid assurance collateral amounts were insufficient to allow for a financial penalty in circumstances where such penalty was intended.

There are several consequences to this under-collateralization. First, bidders presenting a single smaller project could perceive that they were not treated on a completely even footing with bidders presenting multiple projects or large facilities. Second, the incentives to follow through with the transaction once projects are selected are weaker in the case of multiple Sellers as there may not be any financial consequence to failing to execute the REC Contract, not paying the supplier fees, or failing to meet the Collateral Requirement for one or more of the Sellers. This, in turn, increases the risk of an unsuccessful procurement event that fails to procure the targeted number of RECs. The Procurement Administrator’s perception of this risk is informed by a number of bidder questions relating to the consequences (or lack thereof) of a winning Seller not following through with execution of the REC contract.

The basis for the ceilings in the 2018 procurement events, instead of being an average situation related to a typical project, is a situation where a bidder is presenting one or multiple facilities that could be sufficient to win the entire target of 400,000 RECs. If the ceilings for the 2017 procurement event had been set on this basis, they would have been half of the ceilings in the 2018 procurement events because the target at that time was 200,000 RECs.

02-21-2018

FAQ-IFP-44
Q: Can participants in a procurement event release information about their bids and Proposals beyond the information that is released by the Commission at the conclusion of a procurement event?

The Illinois Public Utilities Act restricts the disclosure of information related to Proposals submitted to the Procurement Administrator for a procurement held on behalf of the Illinois Power Agency. For such procurement events, the Illinois Commerce Commission makes public only the names of the successful bidders and the average of the winning bid prices. In accordance with Commission Orders, the quantities that are successfully procured may also be released. As required by Section 16-111.5(h) of the Public Utilities Act, “all participants in the procurement process shall maintain the confidentiality of all other supplier and bidding information”, i.e., participants are required to maintain the confidentiality of information other than the information released by the Illinois Commerce Commission. Participants include the Bidders and Sellers that submit Proposals to the procurement event. The stipulation in Section 16-111.5(h) of the Public Utilities Act is ongoing even after the procurement process ends.

02-23-2018

FAQ-IFP-45
Q: We have concerns about the confidentiality of the documents that we provide in response to the requirements of the Part 1 Proposal. What assurances do we have that these will be kept confidential?

For a procurement event held by a Procurement Administrator on behalf of the Illinois Power Agency, the Commission makes public only the names of the successful bidders and the average of the winning bid prices.  As required by Section 16-111.5(h) of the Public Utilities Act, “all participants in the procurement process shall maintain the confidentiality of all other supplier and bidding information.” Participants include the Procurement Administrator, the Procurement Monitor, the Commission, and the Illinois Power Agency. As further provided for in that section, any such confidential information “shall not be made publicly available and shall not be discoverable by any party in any proceeding, absent a compelling demonstration of need.”  Additionally, for any confidential information shared with the Illinois Power Agency, the IPA is subject to a separate, standalone requirement found in Section 1-120 of the IPA Act (20 ILCS 3855); this Section requires that the Agency “shall provide adequate  protection for confidential and proprietary information furnished,  delivered, or filed by any person, corporation, or other entity.” This requirement to provide protection for third-party confidential information submitted to the Agency includes, but is not limited to, situations in which that information is provided to the Agency as part of a competitive procurement process.

02-23-2018

FAQ-IFP-46
Q: Is there information available regarding the Community Solar Program?

No information regarding the Community Solar Program is available at this time. You may register to our website to get information as it becomes available or you may monitor the IPA’s website (https://www2.illinois.gov/sites/ipa/Pages/default.aspx).

02-23-2018

FAQ-IFP-47
Q: Can the Procurement Administrator provide advice on the estimate of income that can be derived from RECs of solar Projects?

The Procurement Administrator for the Illinois Power Agency’s procurements events cannot provide advice regarding the valuation of SRECs.

Please note that, in accordance with the Act and Commission Orders, the Procurement Administrator releases the average of the winning bid prices for each product at the end of a procurement event. The results of the Wind and Solar RFP are available here:

https://www.ipa-energyrfp.com/wordpress/wp-content/uploads/2017/05/Fall-2017-Wind-and-Solar-Results_07-SEP-2017.pdf

02-23-2018

FAQ-IFP-48
Q: Is it possible to bid a portion of the RECs from a qualified Project or are we required to bid the Maximum Bid Size?

The Bidder determines the annual quantity of RECs to include in the Bid for a given Project. This annual quantity may be less than the Maximum Bid Size (but cannot be greater). This annual quantity of RECs can be for a portion of the RECs from a Project.

02-23-2018

FAQ-IFP-49
Q: How is Bid Assurance Collateral submitted?

A Bidder must submit bid assurance collateral for the Project in the form of cash or of a letter of credit to each of AIC, ComEd, and MEC. Whether providing bid assurance collateral in the form of cash or a letter of credit for a Company, the Bidder must follow all instructions provided by the Procurement Administrator for transmission of bid assurance collateral to the Company. Such instructions specify that the Bidder must provide cash by wire transfer and that the original executed Pre-Bid Letter of Credit must be sent by overnight delivery service. Such instructions are provided by the date of the Part 1 Notification. If you wish to receive such instructions earlier, please request them from the Procurement Administrator via email.

02-23-2018

FAQ-IFP-50
Q: If a Bidder has a winning Project, does a Bidder have the ability to use all or a portion of its bid assurance collateral to cover the Performance Assurance that will become due under the REC Contract?

A Bidder will have the ability to use its bid assurance collateral posted as cash to meet its Performance Assurance under the REC Contract.  Depending on the details of the Project and the Bid, the Bidder may be required to post additional cash to fully meet its Performance Assurance under the REC Contract.

As context, the REC Contract requires the Bidder to post Performance Assurance in the form of a letter of credit or cash within five (5) business days of a request by the Company.  For a Bidder that is not rated at least BBB- from the rating agencies (or that does not have a guarantor that is so rated), the Performance Assurance is equal to the amount of the Collateral Requirement.  The Collateral Requirement is equal to 50% of the Annual Contract Value.  The Annual Contract Value is the price in the Bid for the Project times the annual quantity of RECs in the Bid for the Project.  For example, if the price in the Bid is $10/REC and the annual quantity of RECs is 42,000 RECs then the Collateral Requirement is $210,000 (50% * $10/REC * 42,000 RECs).  Within seven (7) business days of the Commission approval of a Project selected through the RFP, the Bidder must pay the Supplier Fees to the Illinois Power Agency (“IPA”).  The Supplier Fee per REC is announced no later than two (2) business days before the Bid Date.  The estimate of the REC provided to Bidders is $0.05/REC of the entire quantity of RECs over the fifteen (15) years of the REC Contract.

This response assumes that the Bidder has submitted cash as bid assurance collateral and that the Bidder has a Project that is selected through the New Solar RFP and approved by the Commission.

There are two cases.  The first case is one where, for a Company, the amount of bid assurance collateral provided by the Bidder in the Part 2 Proposal exceeds the sum of: (i) the Performance Assurance due under the REC Contract; and (ii) the Supplier Fees due to the IPA.  In that case, the Bidder will not be required to post additional cash to fully meet its Performance Assurance under the REC Contract.  The Bidder will have the ability instead to apply the bid assurance collateral posted with a Company to meet the Performance Assurance due to that Company.  For example, if the Bidder’s winning Project is 20 MW, the Bidder would have posted $80,000 (20 MW * $4,000/MW) with AIC.  Continuing the example above where the price in the Bid is $10/REC and the annual quantity of RECs is 42,000, the Performance Assurance due to AIC would be $61,593 (29.33% * 50% * $10/REC * 42,000 RECs, where 29.33% is AIC’s share of the Project).  Using the $0.05/REC as the estimate of the Supplier Fee, the Bidder will owe the IPA $31,500 ($0.05 * 42,000 RECs * 15 years), of which $9,238.95 is the portion attributable to the RECs to be delivered to AIC (29.33% * $31,500).  The bid assurance collateral to AIC ($80,000) covers the sum of the Performance Assurance and the AIC portion of the Supplier Fees ($61,593 + $9,238.95) and thus the Bidder is not required to post any additional cash with AIC for purposes of the Performance Assurance for the winning Project. A similar calculation would need to be performed for ComEd and MEC also.

The second case is one where, for a Company, the amount of bid assurance collateral provided by the Bidder in the Part 2 Proposal does not cover the sum of: (i) the Performance Assurance due under the REC Contract; and (ii) the Supplier Fees due to the IPA.  In that case, the Bidder will be able to use a portion of its bid assurance collateral for meeting the Performance Assurance but the Bidder will also be required to post additional cash to fully meet its Performance Assurance under the REC Contract for that Company.  For example, if the Bidder’s winning Project is 20 MW, the Bidder would have posted $80,000 (20 MW * $4,000/MW) with AIC.  Suppose the price in the Bid is $20/REC and the annual quantity is 42,000 RECs so that the Performance Assurance due to AIC would be $123,186 (29.33% * 50% * $20/REC * 42,000 RECs, where 29.33% is AIC’s share of the Project).  Using the $0.05/REC as the estimate of the Supplier Fee, the Bidder will owe the IPA $31,500 ($0.05 * 42,000 RECs * 15 years), of which $9,238.95 is the portion attributable to the RECs to be delivered to AIC (29.33% * $31,500).  The bid assurance collateral to AIC ($80,000) does not cover the sum of the Performance Assurance and the AIC portion of the Supplier Fees ($123,186 + $9,238.95).  The Bidder will have the ability to use $70,000 of its bid assurance collateral toward its Performance Assurance and the Bidder will be required to post an additional amount of $53,186 ($123,186 – $70,000).  The remaining $10,000 of the bid assurance collateral is not applied to the Performance Assurance as it is used to guarantee payment of the Supplier Fees ($10,000 is the amount of the Supplier fees, $9,238.95, round up to the nearest thousand). A similar calculation would need to be performed for ComEd and MEC also.

This response illustrates the calculations for the bid assurance collateral and the Performance Assurance for AIC only.  However, as stated above, the same calculations apply to each of the Companies (AIC, ComEd, and MEC) so that the amounts in this response represent only a portion of the bid assurance collateral and Performance Assurance due.  All prices and numbers of RECs are for illustrative purposes only.

03-04-2018

FAQ-IFP-51
Q: The bid assurance collateral is an amount per MW. Should we use the size of the Project based on the Project’s MW AC rating or DC rating?

Unless otherwise instructed by the Procurement Administrator, the size of the Project that a Bidder uses for calculating the bid assurance collateral due to each Company is the size of the Project provided in your Part 1 Proposal and thus is based on the Project’s MW AC rating.

03-04-2018

FAQ-IFP-52
Q: FAQ-IFP-51 indicates that “unless otherwise instructed by the Procurement Administrator” the size of the Project used for calculating the bid assurance collateral is the size of the Project provided in the Part 1 Proposal. In what circumstances would the Procurement Administrator instruct otherwise?

There are circumstances where the Procurement Administrator sets a Maximum Bid Size based on a portion of the Project that is able to bid into the procurement event.  In such a case, bid assurance collateral can be based on the portion of the Project upon which the Maximum Bid Size was determined.

03-04-2018

FAQ-IFP-53
Q: We are deciding whether to proceed to the Part 2 Proposal stage. If we do not, how do we formally withdraw from the procurement event? Does such a withdrawal from the first procurement event impair our ability to participate in the second procurement event with the same Project?

There is no process for “withdrawing” from a procurement event under the RFP Rules.  We interpret your question to be asking whether there are any penalties (or negative consequences for participation in the second procurement event) if you fail to submit a Part 2 Proposal in the first procurement after qualifying a Project pursuant to a successful Part 1 Proposal.

The answer is no.  There is no penalty for not submitting materials for the Part 2 Proposal for a Project after that Project has qualified pursuant to a successful Part 1 Proposal.  Should you wish to participate in the second procurement event, the process is streamlined.  You may simply resubmit the online Part 1 Form without changes during the Part 1 Window for the second procurement event.  Your Part 1 Proposal will be complete to the extent that you did not advise the Procurement Administrator that information contained in the Part 1 Proposal was no longer valid.

03-04-2018

FAQ-IFP-54
Q: Please confirm that if we post bid assurance collateral but we do not submit a Bid, the full amount of our bid assurance collateral will be returned.

Confirmed. If a Bidder posts bid assurance collateral and does not submit a Bid, the full amount of the bid assurance collateral will be returned with the timeframes provided in the New Solar RFP.

03-04-2018

FAQ-IFP-55
Q: The bid assurance collateral for a Company is a certain amount per MW up to a maximum. If we are presenting multiple Projects, does the maximum apply to each Project separately or does the maximum apply to the aggregate size across all Projects?

The amount of bid assurance collateral should be calculated on the basis of the aggregate size of all Projects presented by a Bidder.  The maximum on the bid assurance collateral applies to the aggregate size of all Projects.

03-05-2018

FAQ-IFP-56
Q: Is a Bidder allowed to provide less than the required bid assurance collateral for a Project if the Bidder does not intend on bidding all the RECs that the Project can produce?

No.  There are two requirements that are based on strictly on the size of the Project, namely the area for which site control must be demonstrated and the amount of bid assurance collateral (unless otherwise instructed by the Procurement Administrator).  The Bidder is then able to bid any number of RECs up to a maximum established for the Project on the basis of a 26.5% capacity factor and the size of the Project.  A Bidder can always bid fewer RECs than the Project can produce and the Bidder can also change the number of RECs that it intends to bid from the Project during the course of the Proposal submission process.  If the collateral requirement were instead based on an indicative number of RECs, the Bidder would have less flexibility as the Bidder would be constrained by the amount of posted collateral and could be unable to bid, if desired, on a number of RECs larger than its indicative level.

03-05-2018

FAQ-IFP-57
Q: Can delay in delivery of the first REC (beyond the June 1, 2021 requirement) be excused by Force Majeure?

No. Under the REC Contract, there is a requirement for at least one REC to be delivered by June 1, 2021, which shall not be excused by Force Majeure. Failure to deliver at least one REC by June 1, 2021 under any circumstance, including delays in the interconnection process, constitutes an Event of Default under the REC Contract.

03-06-2018

FAQ-IFP-58
Q: Is the timing or any of the detailed provisions of the 2019 forward procurement events for Solar Projects known at this time?

In response to Public Act 99-0906, on December 4, 2017, the Illinois Power Agency filed its Long-Term Renewable Resources Procurement Plan (“LTRRPP”) which addresses a variety of new procurements and programs, including additional forward procurements. The timing of these procurement events is not known at this time. The LTRRPP is subject to approval by the Illinois Commerce Commission (expected on April 3, 2018). The filed plan and related documents are available on the Illinois Power Agency website here:

https://www2.illinois.gov/sites/ipa/Pages/Renewable_Resources.aspx

03-06-2018

FAQ-IFP-59
Q: Are assignments possible under the REC Contract?

Assignments are possible under the REC Contract.  Generally, the Seller may not assign the REC Contract without the prior written consent of the Buyer, which shall not be unreasonably withheld.  However, consent of the Buyer is not required for transfer or assignment to an Affiliate of the Seller if the Affiliate’s creditworthiness is equal to or higher than that of the Seller on the Effective Date.  The full conditions under which an assignment can occur are provided in Section 9.2, as amended on the cover sheet (page 18 of the REC Contract as posted on February 6, 2018).

03-13-2018

FAQ-IFP-60
Q: If a bidder is a winning bidder in the RFP, but does not move forward to sign a REC contract with a Company, is the bid assurance collateral forfeited? Could there be other consequences?

Bids are binding.  Each Bidder acknowledges that the price in the Bid constitutes a binding and irrevocable offer to supply RECs from the Project at that price under the terms of the REC Contract and the quantity in the Bid is the annual quantity in the REC Contract aggregated across all Companies.  In the Part 2 Proposal, the Officer of the Seller acknowledges and certifies that if the Seller’s Bid on the Project is approved by the Commission, the Seller WILL execute the REC Contracts with the Companies as instructed by the Procurement Administrator. Failure to do so is a failure to abide by one of the central representations and requirements of the Proposal.

Such failure will lead to forfeiture of the bid assurance collateral required with the Part 2 Proposal (up to $3.2M).  Furthermore, there could well be other consequences to the Seller of failing to execute a contract for a Project selected through an IPA procurement event and approved by the Commission (in addition to forfeiture of bid assurance collateral). The Procurement Administrator expects that such a Project could not be bid again in a future initial forward procurement event.  Furthermore, there may be eligibility criteria in the Programs proposed in the Long-Term Renewable Resources Procurement Plan (and which remains under Commission review) that would lead to exclusion of a Bidder or Seller that has previously failed to execute a contract for a Project that was selected through an IPA procurement event and approved by the Commission.

03-13-2018

FAQ-IFP-61
Q: If I submit my Part 2 form by 12PM (noon) on the Part 2 Date but my bid assurance collateral has not been received by that deadline, will I be given additional time to submit my bid assurance collateral?

Yes, the Procurement Administrator will send you a deficiency notice and you will be given additional time to submit the bid assurance collateral based on the timeframes provided in the RFP Rules.

03-13-2018

FAQ-IFP-62
Q: How is a Bidder that did not submit sufficient collateral based on the aggregate size of all Projects constrained in the Bids that the Bidder can submit?

If on the Bid Date a Bidder submits Bids on Projects for which the bid assurance collateral is insufficient, the Procurement Administrator will require the Bidder increase the amount of bid assurance collateral.  If that is not possible, the Procurement Administrator will require the Bidder to remove some or all of the Bids so that the bid assurance collateral is sufficient to support the aggregate size of the Bidder’s Projects. The Bidder will have the option to resubmit its Bid Form or to provide the amended Bids by phone, provided, however, that the amended Bids are received by the end of the one-hour cure period, at 1 PM (CPT) on the Bid Date.

03-13-2018

FAQ-IFP-63
Q: If a Bidder receives a partial award, does the Bidder have the option to reject such an award?

Yes. The evaluation of Bids can result in a Bidder having winning Bids for only a portion of the annual quantity from a Project. Should the Bid be approved by the Commission, such Bidder will have the option to reject the partial award of a portion of the annual quantity for a Project.

03-13-2018

FAQ-IFP-64
Q: If our Project is selected through the New Solar RFP, can we change the site as long as we maintain our bid price?

No. The RECs bid into the New Solar RFP and purchased through the REC Contract are associated with a specific Project on a site described in the Proposal.  With each REC delivery, the Seller will be required to represent that at least 50% of the Project is located within the physical location identified in the Proposal.

03-13-2018

FAQ-IFP-65
Q: What is the requirement for the address block (or letterhead) of the draft return of cash letter?

The address block in the draft return of cash letter must be the address of the Company to which cash will be returned and for which you provided a W-9 in the Part 2 Proposal.

03-13-2018

FAQ-IFP-66
Q: Under the REC Contract, is cash acceptable for posting the Collateral Requirement, or does it have to be a letter of credit?

Either cash or a letter of credit is acceptable for posting the Collateral Requirement under the REC Contract.

03-13-2018

FAQ-IFP-67
Q: In the Bid Form, is the Signature to the certification required to be an image file?

No.  The signature for the certification does not need to be an image file.  It can simply be the text of the signatory’s name (and as such must match exactly with how the name is provided at the beginning of the certification).

03-13-2018

FAQ-IFP-68
Q: Is there a budget for the initial forward procurements?

There is no budget for this procurement event. The renewable resource budget for each Company is simply used as proxy of its size for purposes of allocating RECs from winning Projects to the Companies.

03-13-2018

FAQ-IFP-69
Q: Can you explain the carry-forward rules for RECs under the REC Contract?

In general, any eligible RECs generated during the Delivery Term and not delivered to the Company in a Delivery Year may be delivered in a subsequent Delivery Year for payment subject to the following: (a) RECs delivered to the Company may not be based on electricity generation that occurred more than 2 months prior to the start of the Delivery Term (understanding that the earliest start to the Delivery Term is June 1, 2019), and (b) all RECs delivered must allow the Company to meet its obligations under the Illinois RPS for the Delivery Year in which such RECs were delivered.

03-14-2018

FAQ-IFP-70
Q: How is “qualified person” defined and which parts of the installation must such a qualified person be involved in?

As a requirement of the New Solar RFP, a new photovoltaic Project must be installed by a qualified person.   The Administrative Code (Title 83, Part 461, available here: http://www.ilga.gov/commission/jcar/admincode/083/083004610000100R.html) provides the following definitions:

“Qualified person” means a person who performs installations on behalf of the certificate holder and who has completed at least one of the following programs requiring lab or field work and received a certification of satisfactory completion: an apprenticeship as a journeyman electrician from a USDOL-registered or an applicable state-agency-registered electrical apprenticeship and training program; a North American Board of Certified Energy Practitioners (NABCEP) distributed generation technology certification program; an electrical training program for in-house employees established and administered by an electric utility regulated by the Commission; or an Associate in Applied Science degree from an Illinois Community College Board-approved community college program in solar generation technology.

“Install” means to perform the electrical wiring and connections necessary to interconnect the new solar project with the electric utility’s transmission or distribution system at the point of interconnection between the project and the utility. “Install” in this Part specifically does not mean:

  • Electrical wiring and connections to interconnect the new solar project performed by utility workers;
  • Electrical wiring and connections internal to the new solar project performed by the manufacturer;
  • The on-site construction and installation of a solar panel or a collector substation; or
  • Tasks relating to construction, planning and project management performed by individuals such as an inspector, management planner, consultant, project designer or contractor for the project or their employees.

Please review Part 461 of the Administrative Code and the certification process of the Commission more generally.

03-14-2018

FAQ-IFP-71
Q: Is it acceptable not to submit a Bid for a Project, for which a Part 1 and Part 2 Proposal was provided, by leaving the cells for the Bid blank on the Bid Form?

This is acceptable. A Bidder that chooses not to submit a Bid on a Project, for which a Part 1 and Part 2 Proposal was provided, in their Bid Form should leave the cells provided to input the price and quantity corresponding to that Project blank and empty. In this case, when the Procurement Administrator calls the Bidder to provide the assessment of the Bid Form, the Procurement Administrator will ask the Bidder to confirm their intention to leave these cells blank. If the cells were left blank in error, the Bidder may resubmit and any such resubmission will supersede all previously submitted Bid Forms as long as the resubmission is received prior to 1 PM on the Bid Date.

03-14-2018

FAQ-IFP-72
Q: Is there a required equation that we should use to calculate the annual quantity and price for our Bid for a Project?

The Procurement Administrator does not provide a specific equation to determine the annual quantity of RECs or price per REC for a Bid for a Project.

The annual quantity of RECs in a Bid for a Project should be the annual quantity of RECs that the Seller is offering to deliver to all Companies under the terms of the applicable supplier contracts. The annual quantity of RECs in a Bid is subject to a maximum, which is calculated based on the output of a facility with a 26.5% capacity factor. There is no requirement for this annual quantity to be calculated in a specific way and there is no preference that will be assigned in the evaluation based on how the annual quantity relates to the capacity of the Project.

The price per REC in a Bid for a Project should be the Bidder’s best offer. The price in the REC Contract will be the Bidder’s bid price for the RECs of the Project and will be fixed throughout the term of the REC Contract.

03-14-2018

FAQ-IFP-73
Q: Where can I find instructions on the proposal submission process for the second procurement event under the New Solar RFP?

Information regarding the New Solar RFP is available on a dedicated New Solar tab of the procurement website. From this tab, you can access the Final Materials page to which are posted the RFP Rules and REC Contract. The RFP Rules provide a full set of instructions for the submission of the Proposal under the New Solar RFP.

On Thursday, March 29, 2018, the Procurement Administrator will hold a webcast during which the RFP requirements for participation in the second procurement event will be covered. You can RSVP for this webcast on this same New Solar page of the procurement website.

03-22-2018

FAQ-IFP-74
Q: We have two Projects on adjacent sites. Can we submit these to the New Solar RFP?

A “Project” for purposes of the New Solar RFP has or will have a single revenue quality meter that satisfies the requirements of the applicable regional transmission organization, transmission provider, or distribution company, and that measures or will measure its generation output.  The New Solar RFP solicits new utility-scale solar Projects (over 2 MW) as well as brownfield site photovoltaic projects.

Whether or not these facilities are considered separate “Projects” depends on whether the adjacent facilities have their own meter installed and thus whether there are separate accounts registered in PJM EIS GATS or M-RETS for each facility.  If each facility has its own single revenue quality meter and account with PJM EIS GATS or M-RETS, then each facility is a “Project” for which a Proposal and Bid may be submitted.  To the extent that the output from each facility is measured by a single meter and the output is reflected in a single account with PJM EIS GATS or M-RETS, then the facilities together consist of a single Project for which you may submit a single Proposal and Bid.

03-22-2018

FAQ-IFP-75
Q: What is the compensation rate for energy under the REC Contract for the New Solar RFP?

The New Solar RFP is for the procurement of Renewable Energy Credits (“RECs”) only and there is no compensation for energy under the REC Contract. Energy and capacity from the project may be sold to other parties.

03-22-2018

FAQ-IFP-76
Q: We are considering participation in the second procurement event under the New Solar RFP. Is there a deadline to register for an account for access to the Qualification Forms?

There is no deadline for registering; however, you will not be able to access the online Part 1 Form until you have done so. The first date of the Part 1 Window, when you will submit the Part 1 Form and supporting documents, is Friday, March 30, 2018. The Part 1 Proposal is due by Thursday, April 5, 2018.

On Thursday, March 29, 2018, the Procurement Administrator will hold a webcast to go over the RFP requirements for participation in the second procurement event. You can RSVP for this webcast on this same New Solar page of the procurement website.

03-22-2018

FAQ-IFP-77
Q: What is the amount of bid assurance collateral required?

Each Bidder in the New Solar RFP will be required to provide bid assurance collateral in the form of cash or a letter of credit separately to each of the three Companies (Ameren Illinois Company (“AIC”), Commonwealth Edison Company (“ComEd”), and MidAmerican Energy Company (“MEC”)) for all the Projects for which the Bidder is presenting a Proposal. The required amounts are as follows:

  • $4,000/MW for AIC up to a maximum of $850,000;
  • $10,000/MW for ComEd up to a maximum of $2,100,000; and
  • $1,000/MW for MEC up to a maximum of $250,000.

For purposes of determining the amount of bid assurance collateral, the size of the Project will be rounded up to the nearest megawatt. In your example, for a Project that is 1 MWac, the required bid assurance collateral will be $4,000 for AIC, $10,000 for ComEd, and $1,000 for MEC.

03-22-2018

FAQ-IFP-78
Q: We participated in the first procurement event under the New Solar RFP and we paid the Bid Participation Fee. Do we need to pay this fee again to participate in the second procurement event?

No. A Bidder that has already paid a Bid Participation Fee pursuant to participation in a prior 2018 procurement event will not be required to pay the Bid Participation Fee in the second procurement event under the New Solar RFP.

03-22-2018

FAQ-IFP-79
Q: We participated in the first procurement event under the New Solar RFP and provided bid assurance collateral for our Projects. Do we need to post additional bid assurance collateral or amend the bid assurance collateral in any way if we participate in the second procurement event with the same Projects?

No. Bid assurance collateral that is tendered for the first procurement event and that is still required for the second procurement event will roll over to the second procurement event.   In that manner, a Bidder that provides bid assurance collateral in the first procurement event and that participates in the second procurement event with the same Projects will already have the bid assurance collateral in place for the second procurement event.

03-22-2018

FAQ-IFP-80
Q: We participated in the first procurement event under the New Solar RFP and provided bid assurance collateral for our Projects. Will that bid assurance collateral be returned to us now if we participate in the second procurement event? What about if we don’t participate?

No. Bid assurance collateral that is tendered for the first procurement event and that is still required for the second procurement event will roll over to the second procurement event.   In that manner, a Bidder that provides bid assurance collateral in the first procurement event and that participates in the second procurement event with the same Projects will already have the bid assurance collateral in place for the second procurement event.

However, if a Bidder elects not to participate in the second procurement event (as evidenced by you not submitting the Part 1 Proposal in the second procurement event for any of your Projects) then: (i) a Bidder that posted cash to a Company can submit a request for the return of cash tendered as bid assurance collateral to that Company to initiate the return the cash on April 5, 2018; and (ii) a Bidder that submitted a Pre-Bid Letter of Credit for a Company may submit an amendment to change the expiration date of the Pre-Bid Letter of Credit for that Company to April 5, 2018 (or later).

03-22-2018

FAQ-IFP-81
Q: We are in the process of acquiring a Project that we would like to present in a Proposal under the New Solar RFP. Is it possible to present a Project under these circumstances?

Although it is expected that the Bidder or Seller will own the Project presented in the Proposal, it is possible to submit a Part 1 Proposal while still negotiating with another party to acquire the Project.  While possible, the submission of the Part 1 Proposal in such circumstances may pose specific challenges.  Please be prepared to provide documentation to show that, even if negotiations are on-going, you have an agreement with the current owner to acquire the Project.  You will be required to provide documentation to establish site control.  To the extent that the current owner of the Project has agreements with landowners to use a site for purposes of developing the Project, you will be required to show that such agreements have been transferred or will be transferred to you.  Furthermore, the entity that is intended to be the signatory to the REC Contract for the Project must be formed as of the Part 1 Date.

This response highlights some key requirements that may be more challenging in your particular circumstances.  This response is not an exhaustive list of the qualification requirements for the Part 1 Proposal.  Please review Article IV of the RFP Rules as well as the illustrative Part 1 Form for a complete description of the requirements.

04-02-2018

FAQ-IFP-82
Q: If an entity is named as Bidder in the Part 1 Proposal, is it possible to change the Bidder to be another entity in the Part 2 Proposal?

No. The identity of the Bidder has to be the same in both the Part 1 and the Part 2 Proposals. The Part 2 Proposal can be seen as building upon and relying on the information provided in the Part 1 Proposal and the Bidder has to be the same entity throughout.

04-02-2018

FAQ-IFP-83
Q: How does a company become an Approved Vendor?

We believe your question is related either to the Adjustable Block Program or the Illinois Solar for All Program. The New Solar RFP is a competitive procurement event and is not related to the open-enrollment programs under the Long-Term Renewable Resource Procurement Plan. Those requirements will continue to be developed and will be available on the IPA website: https://www2.illinois.gov/sites/ipa/Pages/default.aspx.

04-02-2018

FAQ-IFP-84
Q: Can you speak more to the “not a generating unit whose cost is recovered through rates” piece? I cannot find a good explanation of the clause.

This provision is set forth in the Illinois Power Agency (“IPA”) Act, Section 1-75(c)(1)(J), with renewable energy credits from generating units “whose costs are being recovered through rates regulated by this State or any other state or states on or after January 1, 2017” being ineligible for Illinois RPS compliance.

Primarily, the IPA believes that this requirement was intended to ensure that RECs from rate-based projects approved by a state’s public utilities commission are not eligible to be used to satisfy the Illinois RPS, and thus is generally not intended to encompass off-take agreements, power purchase agreements, or the wholesale sales of energy, unless those transactions were expressly approved by the state’s public utilities commission or other relevant regulatory authority in a proceeding to set regulated utility rates. However, a final interpretation of this language is not being offered through this RFP process; further detail around the determination of whether a generating unit’s “costs are being recovered through” regulated “rates” will be included in the IPA’s long-term renewable resources plan, and any final determinations about the scope of projects included in that prohibition will be subject to final determination by the Illinois Commerce Commission in its Order regarding the IPA’s proposed plan.

04-02-2018

FAQ-IFP-85
Q: How much is a bid participation fee?

The Bid Participation Fee is $500. The Bid Participation Fee is required only if you have not participated in a procurement event in 2018 and paid the Bid Participation Fee at that time.

04-02-2018

FAQ-IFP-86
Q: What is “bid assurance collateral”?

Bid assurance collateral is the financial guarantees you will be required to submit with the Part 2 Proposal. The bid assurance collateral is provided to each Company separately as a Pre-Bid Letter of Credit or cash. The amount of bid assurance collateral is determined on the basis of the aggregate size of the Projects that a Bidder is presenting.

04-02-2018

FAQ-IFP-87
Q: The final evaluation is price-only. Are the benchmarks also price-based or do the benchmarks include qualification requirements that are not disclosed to Bidders?

The benchmarks are price-based and do not include other qualification requirements that are not disclosed to Bidders. All qualification requirements are provided to Bidders in the RFP Rules.

04-02-2018

FAQ-IFP-88
Q: Are the bid assurance collateral amounts the same for the two Categories of Projects (utility-scale solar and brownfield site photovoltaic)?

Yes. The amounts required per MW (AC rating) are the same for both Categories of Projects.

04-02-2018

FAQ-IFP-89
Q: I am seeing amounts per MW that are different to AIC, ComEd, and MEC. Does that mean that bid assurance collateral depends on where the Project is located?

No. Each project, regardless of where it will be located, has to provide bid assurance collateral for each of the three Companies as each Project and Seller selected through the RFP and approved by the Commission will execute a REC Contract with each of these Companies.

04-02-2018

FAQ-IFP-90
Q: Is the Procurement Administrator up-to-date in the issuance of login credentials? What is the likely cause if I requested login credentials and did not receive them?

The Procurement Administrator fills new requests for login credentials on a rolling basis. If you made a request and did not receive login credentials, a possible cause is that credentials have already been issued to another individual at your company. If that is not the case, or if you are a returning bidder and you cannot find your login credentials, please contact the Procurement Administrator via email so that we can re-issue the credentials.

04-02-2018

FAQ-IFP-91
Q: Is it acceptable to use a tracking system other than PJM EIS GATS or M-RETS?

No. It is a condition of the REC Contract that the Project is or will be registered in PJM EIS GATS or M-RETS and that the Seller will deliver RECs to the Companies’ accounts in PJM EIS GATS or MRETS.

04-03-2018

FAQ-IFP-92
Q: Where can I find the Part 1 Inserts for the second procurement event under the New Solar RFP?

The Part 1 Inserts can be found in the Final Materials Section on the New Solar RFP page on the procurement website. The Inserts are the same as in the first procurement event.

04-03-2018

FAQ-IFP-93
Q: We completed the Part 1 Proposal successfully in the first procurement event under the New Solar RFP. Are we required to re-upload the supporting documents for the Part 1 Proposal?

If the information submitted during the first procurement event for a Project remains valid and up-to-date, you do not need to re-upload any of the supporting documents. However, if information provided in the Part 1 Proposal in the first procurement event has changed, you must revise the information or inform the Procurement Administrator of that fact.

04-03-2018

FAQ-IFP-94
Q: We completed the Part 1 Proposal successfully in the first procurement event under the New Solar RFP. Can you please confirm that if all information provided in the Part 1 Proposal at that time remains accurate and up-to-date then the only action required of us is to resubmit the online Part 1 Form?

That is correct. If the information in the Part 1 Proposal submitted in the first procurement event under the New Solar RFP remains valid and up-to-date, please submit the online Part 1 Form without making updates or changes.  You will be prompted to acknowledge that all information in the Part 1 Proposal from the first procurement event remains valid.

04-03-2018

FAQ-IFP-95
Q: Is the schedule for additional forward procurements available at this time?

The IPA has not yet issued a schedule for additional forward procurements.  Please monitor the IPA’s website for an announcement (https://www2.illinois.gov/sites/ipa/Pages/News.aspx).

04-10-2018

FAQ-IFP-96
Q: Can we submit less bid assurance collateral than is required by the aggregate size of the projects we presented in the Part 1 Proposal and still be able to complete the Part 2 Proposal for all our Projects?

No. Each Bidder in the New Solar RFP will be required to provide bid assurance collateral in the form of cash or a letter of credit separately to each of the three Companies (Ameren Illinois Company (“AIC”), Commonwealth Edison Company (“ComEd”), and MidAmerican Energy Company (“MEC”)) for all the Projects for which the Bidder is presenting a Part 2 Proposal. The required amounts are as follows:

  • $4,000/MW for AIC up to a maximum of $850,000;
  • $10,000/MW for ComEd up to a maximum of $2,100,000; and
  • $1,000/MW for MEC up to a maximum of $250,000.

For purposes of determining the amount of bid assurance collateral, the size of the Project will be rounded up to the nearest megawatt. If the Bidder fails to provide bid assurance collateral to one or more of the Companies, the Part 2 Proposal for one, several, or all Projects will automatically be deficient and will be rejected.

If you are unable to meet the bid assurance collateral requirement for the aggregate size of the Projects presented in the Part 1 Proposal, you may opt to decrease the number of Projects for which you present a Part 2 Proposal so as to lower the aggregate size of the Projects and thus the amount of bid assurance collateral required.

04-10-2018

FAQ-IFP-97
Q: How long is the REC Contract for? What is the basis for the duration of the REC contract?

The delivery term under the REC Contract is for 15 years.   The delivery term is specified in Public Act 99-0906 (the “Future Energy Jobs Act”) that took effect on June 1, 2017.

04-10-2018

FAQ-IFP-98
Q: Can we change the duration of the REC Contract?

The duration of the REC Contract, and all of its terms, are non-negotiable.   In your Part 1 Proposal, you have certified that you have reviewed the REC Contract, understood its terms, and that you accept the terms without modifications.  We remind you that your Pre-Bid Letter of Credit, or cash provided as bid assurance collateral, may be drawn if you are found to have made a material misrepresentation in your Part 1 or Part 2 Proposal.

04-10-2018

FAQ-IFP-99
Q: We have contracted with a manufacturer of high efficiency solar panels. The manufacturer claims that the panels for our Project only need 1 acre per MW. Is there an opportunity to provide the information regarding those panels to the Procurement Administrator for the purposes of relaxing the site control requirements?

No.  At this time, all participants in the New Solar RFP must abide by the requirements of the RFP Rules, including showing site control for an area equal to 4 times the size of the Project (AC rating).

04-10-2018

FAQ-IFP-100
Q: We participated in the first procurement event and completed the Part 2 Proposal for our Projects. We are participating in the second procurement event, again with multiple Projects, some of which are the same and some of which are different. Can you confirm that, in this case, a Bidder will have to make changes to the bid assurance collateral and documents related to bid assurance collateral?

You are asking a question about a situation in which the Bidder presented Proposals for multiple Projects in the first procurement event, completed the Part 2 Proposal including bid assurance collateral and supporting documents for these Projects, is participating in the second procurement but with a different set of Projects, some of which are the same as in the first procurement event, and some of which are different. We confirm that, if the names of the Sellers and/or the names of the Projects that the Bidder is presenting have changed from the first procurement event to the second procurement event, then the Bidder faces additional requirements in the terms of bid assurance collateral and the documents related to bid assurance collateral.

Specifically, if the Bidder submitted a Pre-Bid Letter of Credit for a Company as bid assurance collateral, then the Bidder must submit an amendment to the Pre-Bid Letter of Credit so that Paragraph 12 names all Sellers in the second procurement event as those names were provided in the Part 1 Proposals. In Paragraph 12, the definition of “Seller” should list all Sellers as follows:   “Seller” shall mean [insert name of first Seller as provided in the Part 1 Proposal] or [insert name of second Seller as provided in the Part 1 Proposal] or … or [insert name of last Seller as provided in the Part 1 Proposal].

If the Bidder submitted cash for a Company as bid assurance collateral, then the Bidder must submit with its Part 2 Proposal a new Cash Insert for that Company as well as a new request for the return of cash. The Cash Insert names all Sellers and thus, as in the case of a Pre-Bid Letter of Credit, this item must be updated to reflect the names of the Sellers in the second procurement event. The name of each Seller must be as it is provided in the Part 1 Proposal. The requests for return of cash name all Projects and thus this item must be updated to reflect the names of the Projects in the second procurement event. The names of the Projects should appear as provided in the Part 1 Proposal.

Finally, we note that to the extent that the aggregate size of the Projects have changed from the first procurement event to the second procurement event, then the amount of bid assurance collateral required will have changed as well. Instructions in this regard were provided to each Bidder with its Part 1 Notification.

04-17-2018


Zero Emission Credits FAQs
Click on the question to see the answer:

FAQ-ZEC-1
Q: Should we provide one Proposal for each facility?

No.  Each entity that presents a response to the ZEC RFP and that would, if successful, sign the ZEC Contract is a “Bidder” and submits a single Proposal. A Bidder may present multiple Zero Emission Facilities in its Proposal.

11-17-2017

FAQ-ZEC-2
Q: Is a single officer required to make all of the certifications required by the Proposal? Is that same officer required to be the individual to sign the Bid Form and to execute the ZEC Contract? What process should we follow if the individual who signs the certifications of Section 3 of the Proposal Form and of Attachment #2 is not available to sign the Bid Form or to execute the ZEC Contract?

Yes, a single officer is required to make all of the certifications required by the Proposal, including making the certifications required by the Bid Form. If the Officer of the Bidder who makes the certifications required by Section 3 of the Proposal Form and required by Attachment #2 is no longer available to sign the Bid Form, the Bidder must name a new individual to serve as Officer of the Bidder by providing the contact information required by Section 1 of the Proposal Form and by resubmitting all of the certifications required by the Proposal including the certifications in Section 3 of the Proposal Form and Attachment #2.

The individual named as Officer of the Bidder is also expected, but not required, to be the individual who executes the ZEC Contract. Should the Bidder be notified that it is a winning supplier and the Officer of the Bidder is not available to sign the ZEC Contract, the Bidder should advise the Companies as soon as practicable and provide the name of another individual who is similarly empowered to undertake contracts and bind the Bidder and who will execute the ZEC Contracts.

11-17-2017

FAQ-ZEC-3
Q: When does the Procurement Administrator expect to provide a response to proposed modifications to the Pre-Bid Letters of Credit?

A Bidder may provide comments on or propose modifications to the Standard Pre-Bid letter of Credit for one or more of the Companies. Such Bidder will receive a response indicating whether each proposed modification is acceptable to that Company within two (2) business days.

Before providing such comments, please consult the preliminary list of acceptable modifications applicable to each Company posted to the Final Materials page of the Zero Emission Credits Section of the procurement website. A final list of modifications for use by all Bidders on an optional basis for each Company will be posted no later than December 8, 2017.

11-17-2017

FAQ-ZEC-4
Q: Paragraph III.6.3 states that a Bid Form must be received between 10 AM and 12 PM (noon) on the Bid Date of January 10, 2018. Why is there a set time to submit the Bid Form and can Bidders have additional time if there are deficiencies related to the Bid Form?

A Bid Window of 10 AM and 12 PM (noon) has been set in advance in order to allow individuals representing the Bidder to plan to be available when the Procurement Administrator calls to acknowledge and assess the Bid Form. Once the Bid Form has been received, the Procurement Administrator will acknowledge the receipt of the Bid Form by phone within 15 minutes and provide the assessment of the Bid Form. Bidders are encouraged to submit early in the Bid Window to have time to address any deficiencies. The Procurement Administrator will provide written instructions regarding submission of the Bid Form when the Bid Form is sent to each Bidder.

No late Bid Forms will be accepted and additional time will not be provided.

11-17-2017

FAQ-ZEC-5
Q: We understand that the Procurement Administrator will call Bidders within 15 minutes of receipt of the Bid Form on the Bid Date to acknowledge receipt and provide an assessment of the Bid Form. Can a Bidder request from the Procurement Administrator a written notice via email of receipt or of the assessment of the Bid Form?

The Procurement Administrator will only provide an assessment of the Bid Form via phone within 15 minutes of receipt.  Upon request, the Procurement Administrator can confirm via email receipt of a Bid Form that is complete and consistent with the RFP Rules.  Please note that the Procurement Administrator does not expect to be able to provide such written email confirmation with 15 minutes of receipt of the Bid Form.

11-17-2017

FAQ-ZEC-6
Q: Can you clarify the roles of the Representatives that we name on the Proposal Form?

The Bidder must name one (1) Representative and the Bidder may name up to three (3) additional Representatives on the Proposal Form. The procurement Administrator sends all correspondence related to the procurement event to each of the Representatives, including information required to submit the Bid Form on the Bid Date.

11-17-2017

FAQ-ZEC-7
Q: Is the Representative of the Bidder named in the Proposal Form the individual who will be contacted on the Bid Date with the Procurement Administrator’s assessment of the Bid Form?

Not necessarily.  The Bid Form will require the Bidder to provide contact information for a representative of the Bidder. This is the individual that the Procurement Administrator will call to acknowledge receipt and provide the assessment of the Bid Form. This representative does not have to be one of the Representatives named in the Proposal Form.

11-17-2017

FAQ-ZEC-8
Q: We submitted comments on the draft ZEC Contract. Will we have an opportunity to discuss our comments with the Illinois Power Agency?

Thank you for submitting comments on the draft ZEC Contract. Your comments will be reviewed by representatives from the IPA, AIC, ComEd, MEC, the Procurement Administrator, the Procurement Monitor, and Staff of the Illinois Commerce Commission. The final version of the ZEC Contract, which will account for comments received prior to the deadline of November 10, 2017, is expected to be posted on November 29, 2017.

11-17-2017

FAQ-ZEC-9
Q: Can we submit the Proposal Form or any of the supporting documents before the Proposal Due Date of December 12, 2017?

The Proposal Window opened on November 14, 2017 and Bidders may submit any portion of their Proposal at any time, but in no event later than 12 PM (noon) on December 12, 2017. Bidders may elect to provide a portion of their Proposal prior to the Proposal Due Date for assessment by the Procurement Administrator.

11-17-2017

FAQ-ZEC-10
Q: The RFP Rules state that the Procurement Administrator will send a Bid Form to each Bidder by January 8, 2018. If we provide Attachment #2 prior to the deadline of January 4, 2018, can we receive our Bid Form prior to that date?

It is possible that Bidders will receive the Bid Form prior to January 8. Once Attachment #2 and all other components of the Proposal have been received from a Bidder and are complete, the Procurement Administrator will endeavour to send the Bid Form within two (2) business days.

11-17-2017

FAQ-ZEC-11
Q: Will an estimate of the Supplier Fee be provided in advance of announcing the final amount?

No.  An estimate of the Supplier Fee will not be provided. The Procurement Administrator will inform Bidders of the amount of the Supplier Fee no later than 6 PM two business days before the Bid Date.

11-17-2017

FAQ-ZEC-12
Q: What will be the Bid Form requirements?

The Bid Form will require a Bidder to provide contact information for a representative of the Bidder. The Bid Form will also require the Bidder to make the certifications provided in Paragraph III.6.2 of the RFP Rules. The Procurement Administrator will provide written instructions for filling out all required information on the Bid Form when the Bid Form is sent to the Bidder.

11-17-2017

FAQ-ZEC-13
Q: Section III.4.3 states that a Bidder may provide comments on or propose modifications to the Standard PRE-Bid Letter of Credit for a Company exclusively by submitting a redline to the POST-Bid Letter of Credit for that Company. Can you confirm that this is a typographical error and that we should submit a redline of the Pre-Bid Letter of Credit with our comments or requests for modifications?

Confirmed. Bidders may provide comments on or propose modifications to the Standard Pre-Bid Letter of Credit for a Company exclusively by submitting a redline of the Pre-Bid Letter of Credit for that Company in Microsoft Word format.

11-20-2017

FAQ-ZEC-14
Q: Will the utilities accept surety bonds for performance assurance?

The utilities will not accept surety bonds for performance assurance.

01-03-2018

FAQ-ZEC-15
Q: Can you also confirm that, if the Collateral Threshold Amount for the Seller in Table 1 is greater than the Collateral Requirement, then a Seller will not need to post any performance assurance (assuming no other relevant credit exposures)?

Under the assumption that there is no other credit exposure to the Buyer arising from contracts entered into by Seller or affiliates of Seller with Buyer, then the Seller’s Collateral Threshold Amount is determined by Table 1 of the ZEC Contract. If the Collateral Threshold Amount is greater than the Collateral Requirement, then a Seller need not post any Performance Assurance. Please see Section 4.3 of the Master ZEC Agreement as amended by the Cover Sheet for more information.

01-03-2018

FAQ-ZEC-16
Q: We note that the ZEC Cost Cap for 2017/2018 is provided in the Zero Emission Standard Procurement Plan. Given that this figure is known, can you please provide the Performance Assurance amounts that would need to be posted to each utility per section 4.3(a) of the ZEC Contract?

Pursuant to the ICC Order approving the Zero Emission Standard Procurement Plan, the calculation of the ZEC Cost Cap must be net of all applicable fees and charges related to the administration of the ZEC Contract. At this time, the estimate of applicable fees and charges related to the administration of the ZEC Contract for the first Delivery Year is not yet available. The calculation will be provided no later than 2 weeks after an ICC approval of the results of the RFP by the ICC. Please see Section 2(e)(xv) of the ZEC Contract and Section 4.3 of the Master ZEC Agreement as amended by the Cover Sheet for more information.

Generally speaking, the Performance Assurance due is the difference between the Collateral Requirement and the Collateral Threshold Amount. For your convenience, we identify some of the components to the calculation of the Performance Assurance due.

The Collateral Threshold Amount is an unsecured credit line that is granted to Seller and is more fully defined in section 4.3(b) of the Master ZEC Agreement. For the first Delivery Year, the Collateral Requirement is equal to 20% of the Annual Contract Value where:

Annual Contract Value = $16.50 x Seller’s Share of Award x Annual Utility Cost-Constrained Quantity;

Annual Utility Cost-Constrained Quantity = ZEC Cost Cap / $16.50; and

ZEC Cost Cap = (applicable Utility ZEC Cost Recovery Rate x Applicable Load) – estimate of all applicable fees and charges related to the administration of the ZEC Contract.

01-03-2018

FAQ-ZEC-17
Q: Is the ZEC Contract with a utility intended to be executed once by a Seller with multiple Zero Emission Facilities or is the Seller executing one ZEC Contract for each Zero Emission Facility? In the latter case, how would the Seller be identified in the ZEC Contract?

A Seller executes with a utility one ZEC Contract for each Zero Emission Facility approved by the Commission. The Seller will be identified as “[Name of Company] for [Name of Zero Emission Facility]” in the introductory paragraph of the ZEC Contract.

01-03-2018

FAQ-ZEC-18
Q: Please provide the final list of acceptable modifications to the Pre-Bid Letter of Credit for each Company.

The final list of acceptable modifications to the Pre-Bid Letter of Credit for each Company are the documents dated November 10, 2017 on the procurement website. There were no modifications added to these lists during the proposal window.

01-10-2018


General FAQs
Click on the question to see the answer:

FAQ-Gen-1
Q: How soon after a request to access the online form are login credentials issued by the Procurement Administrator?

Participants that request an account for the first time receive their login credentials generally within two (2) business days of making a request. When requesting an account for the first time, participants should ensure that they select the procurement event to which they want to submit a Proposal at the top of the web form.  If you cannot locate those login credentials, please request that they be re-issued by contacting the Procurement Administrator via email at Illinois-RFP@nera.com. Please include your name, phone number, company name, and email address in your communication to us.

Returning bidders can use the same login credentials that were issued to them in a prior procurement event.  If you cannot locate those login credentials, please request that they be re-issued by contacting the Procurement Administrator via email at Illinois-RFP@nera.com. Please include your name, phone number, company name, and email address in your communication to us.

02-27-2017

FAQ-Gen-2
Q: Can we use the “ask a question” form to ask general questions or only to ask information specifically about the procurement events?

This website is for the IPA’s procurement events of electric supply and renewable energy products.  The “ask a question” form is expected to be used by suppliers that are looking for information relevant to their participation in these procurement events. While we respond to all stakeholders that submit questions, we do not respond to general questions or provide general information that is not specific to the IPA’s procurement events.

02-27-2017

FAQ-Gen-3
Q: Where can I find the results from previous RFPs?

Results are posted to the top of each archived RFP page here:
https://www.ipa-energyrfp.com/previous-rfps/

Results are also posted to the Illinois Commerce Commission website here:
https://www.icc.illinois.gov/electricity/workshops/

02-27-2017

FAQ-Gen-4
Q: Where can I find information regarding past RFPs?

Up to procurement events from 2012, links to the RFPs are provided in two columns, one for ComEd and one for Ameren Illinois, at this link:

https://www.ipa-energyrfp.com/previous-rfps/

For the procurement events from 2014 onward, links to the RFPs are provided for all participating utilities at the top of this page:

https://www.ipa-energyrfp.com/previous-rfps/

For instance, the information related to the 2015 energy and capacity procurements are here:

https://www.ipa-energyrfp.com/2015-standard-products-section/

02-27-2017

FAQ-Gen-5
Q: Will there be a further procurement event under the Supplemental Photovoltaic Procurement Plan? What are other renewable energy procurements are planned thus far for 2017?

The Supplemental Photovoltaic Procurement Plan developed by the IPA and approved by the Illinois Commerce Commission allows for a possible fourth procurement event in Spring 2017, called the Supplemental Photovoltaic Contingency Procurement. The Agency has determined that it is not necessary to conduct a Supplemental Photovoltaic Contingency Procurement.

The following renewable energy procurement events for 2017 are planned and tentative schedules have been released:

  • Two procurements for distributed renewable generation resources on behalf of Ameren Illinois, ComEd, and MidAmerican pursuant to the Agency’s 2017 Procurement Plan. The first of these procurement events is planned for this Spring and the schedule is available here:

   https://www.ipa-energyrfp.com/calendar/

  • Once Public Act 99-0906 becomes effective on June 1, 2017, the IPA expects to conduct an initial forward procurement event for Wind/Solar in summer 2017. The expected schedule, which is provided here:

   https://www.illinois.gov/sites/ipa/Documents/2017-Schedule-Announcement.pdf

   has bidder registration beginning June 22, 2017 and a Bid Date of August 10, 2017.

Additional forward solar procurement events will be scheduled at a later date. All such schedules will be posted to the Calendar page of the procurement website.

If you have not already done so, we suggest that you complete the form to Register to receive updates and information regarding the RFPs. These updates will include announcements of upcoming procurement events.

02-28-2017

FAQ-Gen-6
Q: If two affiliates participate in different procurement events in a given year, do they pay a single bid participation fee or would each entity pay its own bid participation fee?

The two entities would be submitting separate proposals for different procurement events and each entity would pay its own bid participation fee.

03-02-2017

FAQ-Gen-7
Q: Is there information available at this point on how the programs to be held under Public Act 099-0906 will be implemented?

At this time, there is no implementation information regarding the programs to be held under Public Act 099-0906. This Act was signed into law on December 7, 2016 and will go into effect on June 1, 2017. The link below is to the bill itself:

http://www.ilga.gov/legislation/publicacts/99/PDF/099-0906.pdf

03-09-2017

FAQ-Gen-8
Q: How can we contact the Procurement Administrator by phone?

If you wish to speak to the Procurement Administrator, please send us an email with the topic of your question and your phone number. The appropriate individual from the Procurement Administrator will give you a call at the number you provided.

03-20-2017

FAQ-Gen-9
Q: Can you provide an overview of the product from the 2016 capacity procurement event for Ameren Illinois Company (“AIC”)? Were bidders required to identify the capacity resources as part of the RFP?

Under the 2016 capacity procurement event for AIC, there was no requirement for identifying resources within the proposal submitted in response to the Standard Products RFP. However, the winning bidder was responsible for the registration of the Planning Resources in MISO and for all obligations associated with such Planning Resources to ensure that the Zonal Resource Credits (“ZRCs”) delivered to AIC have good and marketable titles.

The product for bid was annual ZRCs, as such term is defined in MISO’s Business Practice Manuals and MISO’s Open Access Transmission, Energy and Operating Reserve Market Tariff for a given planning year. A target of ZRCs to be procured was established as a given percentage of AIC’s requirement in that planning year.   A winning bidder would be required to deliver the contracted quantity of ZRCs by submitting the appropriate transactions in the Module E Capacity Tracking Tool. The amount paid to the winning bidder was the average of the winning bidder’s own approved Bids for all ZRCs in that planning year, in $/MW-Day, multiplied by the number of ZRCs delivered, multiplied by the number of calendar days in the Planning Year. If any of the ZRCs were not located in Local Resource Zone 4, which is the zone in which AIC capacity obligations reside, the payment to the winning bidder was adjusted as follows. If the clearing price of the MISO Planning Resource auction for LRZ 4 was greater than the clearing price of source zone for the ZRCs, then the payment would be reduced by the difference in the clearing prices between the two zones multiplied by the quantity of ZRCs. Conversely, if the clearing price of the MISO Planning Resource auction for LRZ 4 was less than the clearing price of source zone for the ZRCs, then the payment would be increased by the difference in the clearing prices between the two zones multiplied by the quantity of ZRCs.

03-23-2017

FAQ-Gen-10
Q: Is information available regarding the Fall 2017 AIC capacity procurement event? What are the changes that are expected compared to the Fall 2016 AIC capacity procurement event?

Information regarding the Fall 2017 AIC capacity procurement event is not yet available. The 2017 Procurement Plan does not propose changes to the process that was used for the Fall 2016 AIC capacity procurement event, for which documents are available under the “Previous RFP” section of the procurement website (in the Fall 2016 Standard Products RFP).

03-23-2017

FAQ-Gen-11
Q: Is there a REC RFP this year in the same format as was used in the last two years?

There is no procurement event planned for 2017 using the exact format of the REC RFP From the past two years.  Please see the tentative schedule of the IPA for other renewable energy events:

https://www.illinois.gov/sites/ipa/Documents/2017-Schedule-Announcement.pdf

04-02-2017

FAQ-Gen-12
Q: Will my login credentials change in the Fall for a procurement event under the same RFP?

The Procurement Administrator will provide login credentials for the Fall RFP a day prior to the opening of the Part 1 Window. We will confirm at that time either that the login credentials will remain the same or provide you with updated credentials.

04-03-2017

FAQ-Gen-13
Q: Is there a target for the Initial Forward Wind/Solar RFP scheduled for Q3 of 2017?

This information is not yet available. When available, the information will be posted to the procurement website and may be sent in an announcement to website registrants. You can register to receive announcements from the Procurement Administrator here:

https://www.ipa-energyrfp.com/contact-us/register/

04-03-2017

FAQ-Gen-14
Q: Where are the materials from the workshops held by the IPA posted and will these include recordings of the workshops?

All materials from the workshops held by the IPA will be posted to the Illinois Power Agency’s (“IPA”) website at: https://www.illinois.gov/sites/ipa/. These materials include the presentations but not recordings of the workshops.

05-17-2017

FAQ-Gen-15
Q: Will the utilities be purchasing energy or capacity in addition to the RECs through the Wind and Solar Initial Forward Procurements?

No, the Initial Forward Procurements will only procure RECs.

05-17-2017

FAQ-Gen-16
Q: Can you please provide the addresses for the procurement website and for the IPA’s website?

You can access the procurement website at: https://www.ipa-energyrfp.com/.  You can access the IPA website at: https://www.illinois.gov/sites/ipa/Pages/default.aspx.

06-13-2017

FAQ-Gen-17
Q: Where can I find information regarding the workshops held by the Illinois Power Agency in May?

All publicly available information regarding the Illinois Power Agency Workshops held on May 10, May 17, May 18, and May 24 can be found on the Renewable Resources tab of the IPA’s website:
https://www.illinois.gov/sites/ipa/Pages/RenewableResourcesWorkshops.aspx

06-25-2017

FAQ-Gen-18
Q: Are the questions submitted via this portal public or private?

The Procurement Administrator responds to questions directly to the questioner. The question and answer are then posted to the FAQs page of the procurement website so that all interested parties have access to the same information. Aspects of the question and/or answer that might identify the questioner are removed before posting, to the extent practicable.

08-04-2017

FAQ-Gen-19
Q: Does the Procurement Administrator make available the slides from bidder information webcasts?

Yes, for each procurement event for which a bidder information webcast is held, the presentation and audio recording are posted to the Final Materials page of the applicable section of the website.

09-18-2017

FAQ-Gen-20
Q: Are the responses for questions asked during the bidder information webcast posted to the website?

Yes, questions received during the bidder information webcast and responses provided are posted to the FAQ page of the IPA procurement website under the appropriate section for the RFP.

09-18-2017

FAQ-Gen-21
Q: Has a schedule been announced for future procurements of utility-scale solar? If not how can I get information in the future?

No schedule has yet been announced for future procurements of utility-scale solar. The Fall Utility DG RFP is for systems limited in size to 2 MW.  Please see:

https://www.illinois.gov/sites/ipa/Pages/Plans-Under-Development.aspx

for information about the IPA’s plan under development. You may also register to receive announcements from the Procurement Administrator by registering here:

https://www.ipa-energyrfp.com/contact-us/register/

09-26-2017

FAQ-Gen-22
Q: If we are unable to meet a deadline set by the Procurement Administrator because of special, extraordinary circumstances, how should we proceed?

Please contact the Procurement Administrator if you will not be able to meet a deadline because of special and extraordinary circumstances.

10-04-2017

FAQ-Gen-23
Q: How can I register to receive announcements about upcoming RFPs?

To receive updates and information regarding the RFPs, please use our automated form to register to our mailing list here:

https://www.ipa-energyrfp.com/contact-us/register/

10-11-2017

FAQ-Gen-24
Q: Are details available on the Adjustable Block Program?

The Illinois Commerce Commission (“Commission”) will render a decision on the Adjustable Block Program proposed as part of the Illinois Power Agency’s Long-Term Renewable Resources Procurement Plan (“LTRRPP”), and this decision is expected on April 3, 2018. The Commission may change in whole or in part the proposal made by Illinois Power Agency with regard to the Adjustable Block Program.

The details of the Adjustable Block Program will not be provided on this website once the Commission renders its decision and the Procurement Administrator will not respond to questions in this regard. Please refer to the IPA’s website, https://www2.illinois.gov/sites/ipa/Pages/default.aspx, where the LTRRPP as approved by the Commission will be posted once it becomes available.

02-02-2018

FAQ-Gen-25
Q: Are details available on the Low-Income Community Solar Pilot program?

The Low-Income Community Solar Pilot project is proposed as part of the Illinois Power Agency’s Long-Term Renewable Resources Procurement Plan (“LTRRPP”). The Illinois Commerce Commission (“Commission”) will render a decision on the LTRRPP and this decision is expected on April 3, 2018. The Commission may change in whole or in part the proposal made by Illinois Power Agency with regard to this pilot project.   Details on this pilot project are not yet available.

02-02-2018

FAQ-Gen-26
Q: Are there procurement events that offer REC payments for terms longer than five years?

The contracts under the 2017-2018 Initial Forward Procurements, which encompasses the Summer 2017 Wind and Solar RFP and the two procurement events under the Spring 2018 New Solar RFP, are for a 15 year term. The second procurement event under the Spring 2018 New Solar RFP will begin with a webcast on Thursday, March 29, 2018. Additional information is available on the New Solar tab of the procurement website.

Prior to these procurements, the Illinois Power Agency held a long-term renewable energy procurement in 2010 for 20-year contracts. Additional information on this RFP is available here:

http://www.comed-energyrfp.com/2010-RFP/ltdocuments.asp

03-22-2018

FAQ-Gen-27
Q: Are there programs for novel energy efficiency products at ComEd?

While we are still waiting for further information and we may supplement this response at a later time, we draw your attention to ComEd’s custom incentive program for energy efficiency:

https://www.comed.com/WaysToSave/ForYourBusiness/Pages/Custom.aspx

03-23-2018