In the Part 2 Proposal, a Bidder was able to provide special instructions for the return of the Pre-Bid Letter of Credit for a Company. If a Bidder chose not to provide special return instructions then the Pre-Bid Letter of Credit will expire on the date stated as a part of its terms (which was … Continue reading When does a Company return the Pre-Bid Letter of Credit for its procurement event back to the issuing bank?
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REC-11: How do I access the training webinar on the bid submission procedure?
There is no webinar or online tutorial for purposes of training on the Bid Form. Rather, there is a dedicated period of time when you can practice the submission of bids and during which members of the Procurement Administrator are available to answer your questions regarding the Bid Form or bid submission procedure. All Bidders … Continue reading How do I access the training webinar on the bid submission procedure?
REC-10: What happens to a bidder that signs a contract to AIC and that fails to deliver a quantity of RECs in excess of the Minimum Delivery Requirement?
It is the responsibility of each bidder to review the terms of the applicable supplier contracts (for each of AIC, ComEd and MidAmerican) posted to the Renewable Energy Resources Section of the procurement website. Each bidder accepts these terms as a condition of its participation in the REC RFP. In particular, please review Exhibit C … Continue reading What happens to a bidder that signs a contract to AIC and that fails to deliver a quantity of RECs in excess of the Minimum Delivery Requirement?
REC-9: Where are the final Budgets and final Targets for the REC RFP posted on the procurement website? May I suggest that this information be provided in a standalone document for bidders?
While the Targets in the RFP Rules were provisional and were subject to change, the final REC targets for the Spring 2016 Procurement Events have not changed and are identical to those included in the RFP Rules. The final REC Targets are: Ameren Illinois Company – 33,271 (Photovoltaics resources) Commonwealth Edison Company- 67,952 (Photovoltaics resources) … Continue reading Where are the final Budgets and final Targets for the REC RFP posted on the procurement website? May I suggest that this information be provided in a standalone document for bidders?
REC-8: Do you require hard copies of the Inserts for purposes of our Proposal to be mailed to you?
No. All Inserts should be provided either by email to the Procurement Administrator at Illinois-RFP@nera.com or by upload to the Part 1 Form or Part 2 Form (as appropriate).
REC-7: Where are the Part 1 Inserts for the Standard Products RFP and the Renewable Energy Resources RFP posted on the IPA Procurement web site?
All of the Part 1 Inserts for the Standard Products RFP (“STP RFP”) were posted on March 28, 2016 to the Standard Products Section of the procurement website under the heading “Spring 2016 Standard Products RFP Documents (FINAL)” below the link for Appendix 4 (Part 1 Form Illustrative).
REC-6: Are Proposal materials for the Standard Products RFP due at the same time as Proposal materials for the Renewable Energy Resources RFP?
Proposals must be submitted on separate timelines. While the Part 1 Windows for both the Standard Products RFP (“STP RFP”) and the Renewable Energy Resources RFP (“REC RFP”) opened on March 28, 2016, Part 1 Proposals for the STP RFP are due 12 PM (noon) CPT on April 7, 2016, which is earlier than the … Continue reading Are Proposal materials for the Standard Products RFP due at the same time as Proposal materials for the Renewable Energy Resources RFP?
REC-5: Where can I get the instructions for payment of the Bid Participation Fee?
Such instructions are available from the Procurement Administrator upon request along with the IPA’s W-9. Please note that E-Pay is only available during the Part 1 Window for a given procurement event.
REC-4: Can you please clarify the invoicing process under the MidAmerican REC contract? When do I get paid if I deliver my RECs and invoice on June 15, 2016? How about if I deliver my RECs and invoice on November 15, 2016?
As stated in Section 2.2, you may only submit one invoice for each Delivery Period. You will be required to invoice on or before the 10th day of the month of September, December and March and on or before the 20th day of July. All invoices are payable not later than the last Business Day … Continue reading Can you please clarify the invoicing process under the MidAmerican REC contract? When do I get paid if I deliver my RECs and invoice on June 15, 2016? How about if I deliver my RECs and invoice on November 15, 2016?
REC-3: I am considering bidding RECs from solar systems energized prior to January 1, 2015 into the IPA’s procurement events. What are my options? As an aggregator, will I be the counterparty under the contract or will the counterparty be the system owner?
There are various procurement events as approved in the IPA’s procurement plans through which Solar Renewable Energy Credits (“SRECs”) are sold and purchased. These include Supplemental Photovoltaic RFP (“SPV RFP”), the Utility Distributed Generation RFP (“DG RFP”) and the Renewable Energy Resources RFP (“REC RFP”). To be eligible to be presented as part of the … Continue reading I am considering bidding RECs from solar systems energized prior to January 1, 2015 into the IPA’s procurement events. What are my options? As an aggregator, will I be the counterparty under the contract or will the counterparty be the system owner?