Pacific Gas and Electric Company ("PG&E") is issuing this 2018 Long-Term RPS Contract Sales Request for Bids (“RFB”). This RFB is intended to solicit bids (“Bids”) from participants (“Participants” or “Bidders”) to assume, pursuant to an Assignment and Assumption Agreement (“AAA”), all rights, responsibilities, and obligations of specific power purchase agreements (“PPAs”) that are currently under contract with PG&E.
Event | Date/Time (PPT) | |
---|---|---|
Participants may register online to receive notices regarding the RFO. |
Ongoing |
|
PG&E issues the Request for Bids (Issue Date) |
February 20, 2018 |
|
Bids Due: Must be submitted to the online platform at Power Advocate. (Bid Due Date) |
March 12, 2018 no later than 1:00 PM |
|
Shortlist Bidders notified (Notification Date) |
March 16, 2018 |
|
Shortlist Bidders post bid deposits |
March 20, 2018 |
|
Target date for executing transactions |
TBD |
|
Target date to file CPUC application |
TBD |
|
Anticipated Transfer Date, subject to receipt of CPUC Assignment Approval as described and defined in the term sheet. |
~15 months after Application filing date |
All Participants interested in submitting a bid package will need to pre-register with Power Advocate before submitting a bid into the solicitation using the link below:
https://www.poweradvocate.com/pR.do?okey=77730&pubEvent=true
The following protocol is available with more information and instructions on this RFB.
2018 RPS Sales Protocol (PDF, 660 KB)
Finally, PG&E is providing the following Q&A, which will be updated as new and relevant information becomes available throughout the RFB. Questions that are sent to the email address below will be vetted for potentia inclusion in this Q&A document.
Buyers must meet the criteria established in the RFB Protocol in order to submit bids. As a requirement to participate, Buyers must submit the following documents in accordance with the solicitation timeline.
Bid Form (ZIP, 8 KB)
Assignment and Assumption Agreement (PDF, 377 KB)
Non-Disclosure Agreement (PDF, 132 KB)
Non-Disclosure Agreement (Part II) (DOCX, 15 KB)
In addition, the following documents will also need to be submitted in accordance with the solicitation timeline:
Financial Statements
Proof of Credit Worthiness
Verified Capability to Participate and Execute
Scheduling Coordinator Certification
For information or questions about this RFB, or to receive notices about the RFB, email ContractSales@pge.com and the Independent Evaluator, Lewis Hashimoto at arroyosecoconsulting@gmail.com.
To be added to PG&E's RFO Distribution List, visit Wholesale Electric Power Procurement.