Announcements


CMC-6: With reference to the CMC Contract, should the words “the value of monetized” be added to the definition of “Subsidy” as these words are used in Section 1-75(d-10) of the IPA Act?

The term “Subsidy” refers to the support program(s) that the successful bidder is eligible to apply for in relation to the Facility and which the successful bidder must make commercially reasonable efforts to apply for pursuant to Section 1-75(d-10)(3)(D) of the IPA Act.  As such, we did not believe appropriate to add the suggested words “the value of any monetized” in the definition of “Subsidy”.  However, the phrase “the value of any monetized” has been added throughout the CMC Contract when referring to the value or amount of such Subsidy.