Announcements


DG-24: If we get an award for a forecast quantity of RECs for the Small Size Class under the Utility DG RFP, what are the consequences to us if we fail to identify the systems by the deadline or if the systems we do identify fail to accumulate metered deliveries by the deadline stated in the contract? If we get an award for systems not yet in operation (in either Size Class), what are the consequences to us if these systems fail to accumulate metered deliveries by the deadline?

The first consequence is that the quantities for which you can get paid under the contract will be reduced by the RECs associated with the systems that you fail to identify or by the RECs associated with the systems that fail to accumulate metered deliveries by the deadline. The second consequence is that the IPA will make a draw upon the letter of credit in an amount of $4 for each REC that was included in the winning Bids but that is deducted from the quantities for which you can get paid under the contract.