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.
Archives
ZEC-17: 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.
ZEC-16: 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 … Continue reading 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?
ZEC-15: 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 … Continue reading 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)?
ZEC-14: Will the utilities accept surety bonds for performance assurance?
The utilities will not accept surety bonds for performance assurance.
ZEC-13: 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.
ZEC-12: 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 … Continue reading What will be the Bid Form requirements?
ZEC-11: 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.
ZEC-10: 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.
ZEC-9: 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.