Bidders must provide all materials for the Part 2 Proposal by noon on the Part 2 Date and if the Part 2 Proposal is incomplete, the Procurement Administrator will issue a deficiency notice to the Bidder.  A Bidder must respond to a deficiency notice issued by the Procurement Administrator by the deadline provided in the … Continue reading If my Part 2 Proposal is incomplete, what happens? →

No. Cash is not an acceptable method to post bid assurance collateral for the Utility Distributed Generation Request for Proposals (“DG RFP”). You must provide a letter of credit in the form of the Standard IPA Letter of Credit or incorporating only modifications approved by the IPA as posted to the procurement website and in … Continue reading Can I submit cash as bid assurance collateral? →

If you wish, you may provide the details on the Guarantor that you propose to the Procurement Administrator, and we can strive to confirm the guarantor’s eligibility with the utilities in advance of the Bid Date. Note, however, that if at any point during the contract, the Collateral Threshold falls below 10% of the Remaining … Continue reading With credit support due upon contract execution, would it be possible to have the credentials of my Guarantor reviewed ahead of time so that I can be clear on the Collateral Threshold that will be given to my Guarantor? →

If you have a supplier contract with a Company (AIC, ComEd, and/or MidAmerican), and you wish to name a Guarantor, the Guarantor’s Collateral Threshold will be determined by the Company on the basis of the credit ratings for the proposed Guarantor’s as follows: Credit Rating Collateral Threshold S&P Moody’s Fitch BBB- or above Baa3 or … Continue reading If I name an entity as Guarantor, who makes the determination of the Guarantor’s Collateral Threshold under the applicable supplier contract? On what basis is that determination made? →

The Annual Volume of RECs for a system can be found in the Trial Bid Form provided with the Part 1 Notification on June 3, 2016. Please go to Section 3 of the First Block tab in the Trial Bid Form to find the Annual Volume of each system that the Procurement Administrator has assigned … Continue reading Where can I find the number of RECs that the Procurement Administrator assigns to my systems? →

The IPA Letter of Credit must be in an amount of $8 times the number of RECs that the Bidder can win across all systems for the five (5) Delivery Years under the applicable supplier contracts. For existing systems, you multiply: the annual volume of RECs for that system (which can be found in the … Continue reading How do I calculate the total required amount for the IPA Letter of Credit? →

Please consult your tax advisor regarding any taxes that may apply to payments for RECs sold as well as any tax credits or allowable expenses that may be available. As a general matter, each Bidder should ascertain that revenue from selling RECs must be reported to taxing authorities.

Bidders are entirely responsible for the development of their bids. You may consult the results of prior procurement events, including the results of procurement events under the SPV RFP and under the DG RFP. See the items under “Supplemental Photovoltaic RFP Results” here: https://www.ipa-energyrfp.com/supplemental-pv-procurement-section/ and items under “Renewable Energy Resources RFP Results” here: https://www.ipa-energyrfp.com/renewable-energy-resources-section/

Bids that fail to meet or beat the benchmarks are eliminated from further consideration. Benchmarks used by the Procurement Administrator to evaluate bids may depend on system size and/or technology.  The methodology for the setting of benchmarks is confidential. The benchmarks are approved by the Commission.

No. Purchases under the DG RFP use the already collected funds from Alternative Compliance Payments for AIC and ComEd and using the renewable resources budget for MidAmerican.