OFF CAMPUS RENEWABLE ENERGY...

Request for Proposal

OFF CAMPUS RENEWABLE ENERGY PROJECT DEVELOPMENT

Stanford University RFP ISSUED 24 OCTOBER 2014

PRE‐PROPOSAL MEETING 5 NOVEMBER 2014

PROPOSALS DUE 17 NOVEMBER 2014

Stanford University | Off Campus Renewable Energy Project Development

Table of Contents i

Table of Contents 1.0 ProjectInformation............................................................................................................................1‐1

1.1 Introduction...........................................................................................................................................1‐1

1.2 Background............................................................................................................................................1‐2

1.3 Goals..........................................................................................................................................................1‐3

1.3.1 EnergyandFullCapacityDeliverabilityStatus....................................................1‐3

1.3.2 Cost.........................................................................................................................................1‐3

1.3.3 EnvironmentalImpact....................................................................................................1‐3

1.4 PreferredDevelopmentPartnerAttributes..............................................................................1‐3

1.5 DevelopmentProcess.........................................................................................................................1‐4

1.6 ProjectSchedule...................................................................................................................................1‐4

2.0 RFPProcedureandTechnicalData..............................................................................................2‐12.1 Schedule...................................................................................................................................................2‐1

2.2 Pre‐ProposalMeetingandSiteVisits...........................................................................................2‐1

2.3 QuestionsandAnswers.....................................................................................................................2‐1

2.4 SubmittalRequirement.....................................................................................................................2‐2

2.5 ProposalOwnership...........................................................................................................................2‐2

2.6 BindingProposals................................................................................................................................2‐2

2.7 TechnicalInformation........................................................................................................................2‐3

2.7.1 EligibleEquipment...........................................................................................................2‐3

2.7.2 EligibleLocations..............................................................................................................2‐3

2.7.3 EligibleRespondents.......................................................................................................2‐3

2.7.4 TransmissionandInterconnection...........................................................................2‐3

2.8 ContractStructure,Cost,andPricing....................................................................................2‐32‐4

2.8.1 CostDataRequired...........................................................................................................2‐4

2.8.2 ContractStructures..........................................................................................................2‐4

2.8.3 Ownership............................................................................................................................2‐4

3.0 BidSubmissionInstructions...........................................................................................................3‐13.1 CoverLetter............................................................................................................................................3‐1

3.2 ExecutiveSummary............................................................................................................................3‐1

3.3 RespondentInformation...................................................................................................................3‐1

3.4 TechnicalProposalForms................................................................................................................3‐2

3.5 RespondentQualificationsandExperience..............................................................................3‐2

3.6 RespondentFinancialInformation...............................................................................................3‐3

3.7 ProjectOrganizationandKeyPersonnel...................................................................................3‐3

3.8 TechnicalInformation........................................................................................................................3‐3

3.8.1 TechnicalInformationfortheFacility......................................................................3‐4

3.8.2 SiteCharacteristicsandDemonstratedSiteControl..........................................3‐4

3.8.3 TransmissionInterconnectionInformation..........................................................3‐5


Table of Contents ii

3.8.4 EnergyDeliverabilityandScheduling...............................................................3‐63‐5

3.8.5 ResourceSupply................................................................................................................3‐6

3.8.6 AssuranceofGeneratingEquipmentSupply.........................................................3‐7

3.9 EnvironmentalPermitting...............................................................................................................3‐7

3.10 ProjectSchedule...................................................................................................................................3‐8

3.11 OperationsandMaintenancePlan................................................................................................3‐8

3.12 PricingandContractStructure................................................................................................3‐93‐8

3.12.1 CostInformation...............................................................................................................3‐9

3.12.2 ProposedContractStructure.......................................................................................3‐9

3.12.3 ProjectFinancingPlanandPartners.........................................................................3‐9

3.12.4 IncentivesAssumptions.................................................................................................3‐9

3.13 InterestinActingAsStanford’sESP.............................................................................................3‐9

3.14 OtherInformation(Optional).......................................................................................................3‐10

4.0 EvaluationProcedure........................................................................................................................4‐14.1 TechnicalEvaluation..........................................................................................................................4‐1

4.2 EconomicEvaluation..........................................................................................................................4‐1

4.3 OtherConsiderations.........................................................................................................................4‐2

AttachmentA:CampusLoadProfile


Disclaimer i

Disclaimer TheinformationcontainedinthisRequestforProposals(RFP)hasbeenpreparedsolelytoassistprospectiveRespondentsinmakingthedecisionofwhetherornottosubmitaproposal.StanfordUniversity(Stanford)doesnotpurportthisinformationtobeall‐inclusiveortocontainalloftheinformationthataprospectiveRespondentmayneedtoconsiderinordertosubmitaproposal.NeitherStanfordnoritsemployees,officers,noritsconsultantswillmake,orwillbedeemedtohavemade,anycurrentorfuturerepresentation,promiseorwarranty,expressorimplied,astotheaccuracy,reliability,orcompletenessoftheinformationcontainedherein,orinanydocumentorinformationmadeavailabletoaRespondent,whetherornottheaforementionedpartiesknoworshouldhaveknownofanyerrorsoromissions,orwereresponsibleforitsinclusionin,oromissionfrom,thisdocument.

Stanfordreservestherighttomodify,suspend,change,orsupplementthisRFP.NopartofthisRFPandnopartofanysubsequentcorrespondencebyStanford,itsemployees,officers,oritsconsultantsshallbetakenasprovidinglegal,financial,orotheradvice,norasestablishingacontractorcontractualobligation.Contractualobligationwouldariseonlyifandwhendefinitiveagreementshavebeenapprovedandexecutedbytheappropriatepartieshavingtheauthoritytoenterintoandapprovesuchagreements.

AllrecipientsofthisRFPareresponsibleforallcostsincurredbythemwhenevaluatingandrespondingtothisdocument,andanynegotiationcostsincurredbytherecipientthereafter.Stanfordmay,initssolediscretionandwithoutlimitation,refusetoacceptanyandallproposalsandtoevaluateproposalsandproceedinthemanneritdeemsappropriatewhichmayincludedeviationfromitsexpectedevaluationprocess,thewaiverofanyrequirements,andtherequestforadditionalinformation.RejectedRespondentswillhavenoclaimwhatsoeveragainstStanfordnoritsemployees,officers,noritsconsultants.


Project Information 1‐1

1.0 Project Information

1.1 INTRODUCTION

OnApril1,2015StanfordUniversity(Stanford)isconvertingfromgasfiredcogenerationtogridpowerplusanewelectricallypoweredheatrecoveryplantformeetingtheuniversity’senergyneeds.Since2011,StanfordhasreceivedelectricityfromCalifornia’sDirectAccesselectricitymarketandwillincreaseitssourcingofgridpowerfromacurrent5percentto100percentonApril1,2015whenthecogenerationunitisdecommissioned.Theuniversityisinterestedinprocuringasignificantamountofitselectricityneedsfromoff‐campusrenewableenergysources.Inconjunctionwiththisplanningeffort,StanfordisevaluatingoptionsforElectricServiceProvider(ESP)servicesforschedulingandsupplyingpowertoStanford.

StanfordisissuingthisRequestforProposal(RFP)tointerestedcompanieswiththeintentofselectingpartnerswhocanprovideanywherefrom33to100percentofStanford’snetenergyconsumption(95to285millionkWhperyear)throughoff‐campusgenerationofrenewableenergy.Inaddition,StanfordisinterestedinpartnerswhocanprovideadditionalrenewableenergyasStanford’sloadincreasesovertime.Thepartner(s)arerequiredtodevelop,design,build,finance,own,operate,andpotentiallytransfertheprojectstoStanford.ThepartnerwouldneedtosupplythepowertoStanford’schosenESP(yettobeselected);howeverrespondentstothisRFPmayalsoproposetobeStanford’sESP.Thekeyfeaturesofthisproposalare:

ProjectSites–Projectlocationsarenotrestricted,exceptthatthepowermustmeetCaliforniaRPSPortfolioContentCategory1requirements.

FullCapacityDeliverabilityStatus–TheprojectshouldhaveFullCapacityDeliverabilityStatusbyitscommercialoperationdate,andshouldmaintainsuchstatusthroughouttheagreementterm.

TechnologyOptionsandEligibility–RespondentsmayproposeanyCaliforniaRPSeligibletechnology,neworexistingprojects,withaminimum20MWACcapacity.Stanfordmayselectmultipleprojectsinordertoachievetheirdesiredrenewableenergygoals.

CoordinationwithESP–Itisexpectedthatthewinningrespondent(s)tothisRFPwillcoordinatewithStanford’sESPtofacilitatetheschedulingofenergyandthetransferofRenewableEnergyCredits(RECs)andResourceAdequacy(RA)derivedfromtheassettoStanfordduringthetermofthecontract.

Schedule–Allprojectsmusthaveachievedcommercialoperationbeforetheendof2016.However,StanfordcanacceptdeliveryasearlyasApril1,2015.Inordertomeetthisscheduleanddemonstrateprojectviability,projectsshouldprovideevidenceofsitecontrolandprogressoninterconnectionwork.

ProjectAgreementsandOwnership‐Allproposalsataminimumshouldoffera25yearnon‐escalatingPPA.Otherfinancialstructuresarealsoofinterest.Stanfordisinterestedinproposalsreflectingthefollowingiftheypresentareductionintheuniversity’slong‐termelectricitycosts:

● PrepaymentbyStanfordofupto25percentoftheproject’srevenue

● Costtotransferownershiptotheuniversitypriortotheendoftheplant’samortizationperiod

● Costtotransferownershipattheendoftheplant’samortizationperiod(25years)



● PPAtermslongerthan25years,oroptionalPPAtermextensionsbeyondtheinitial25yearterm,iftheprojectisexpectedtocontinuegeneratingelectricitybeyondthattime

● ForprojectsonleasedlandwithabuyoutbyStanfordattheendofterm,leaseextensions(ifpossible)toenabletheuniversitytocontinueprojectoperationbeyondtheendofthePPAterm

MoreinformationonthegeneralgoalsoftheRFPandtheprojectarelistedinthissection.Subsequentsectionscoverthefollowingareas:

Section2:RFPProcedureandTechnicalData

Section3:BidSubmissionInstructions

Section4:EvaluationProcedure

Inaddition,theAppendicescontainadditionaltechnicalinformationthatmaybehelpfulinbiddevelopment.

1.2 BACKGROUND

StanfordUniversityisservedbyadistrictenergysystemthatprovidesheating(steam)andcooling(chilledwater)servicestobothitsacademiccampusandhospitalfacilities,alongwitha60kVsubstationand4kV/12kVhighvoltagedistributionsystemservingpowertothemaincampusonly(hospitalpowerisprovidedbytheCityofPaloAlto).Stanfordcurrentlyhas480kWofon‐sitePVpowergenerationinseveralinstallationsacrossthecampusandisconsideringinstallationofanother5MW.

Theuniversityhasdevelopedalongtermenergyandclimateplanthatbalancesenergyefficiencyinvestmentinnewbuildings,existingbuildings,andanewenergysupplysystemknownastheStanfordEnergySystemInnovations(SESI)program.AsasuccessortotheexistingCardinalCogenerationplant,SESIprovidesfortheinstallationofanelectricallypoweredheatingandcoolingplantfeaturingheatrecoveryfromthecampuscoolingsystemwithbothhotandcoldwaterthermalenergystorage.UnderSESI,theuniversitywillceaseon‐sitepowercogenerationonApril1,2015andmovetogridpurchasesunderDirectAccesstopowertheheatingandcoolingplantandmeetcampuselectricalloads.EnhancementstotheSESIprogramnowunderconsiderationincludetheinstallationofadditionalon‐sitesolarPV;installationofaGroundSourceHeatExchange(GSHE)systemtoaugmentthecoreSESIheatrecoveryprocess;andinstallationofahighvoltagetransmissionlineconnectingtheCityofPaloAlto,Stanford,andSLAC1.

Atthetimeofconversiontothenewelectricallypoweredheatrecoverycentralenergyfacilityin2015,totalcampuselectricaldemandisexpectedtogrowtojustunder285millionKWhperyear.Peakdemandisnotexpectedtochangeduetoaneconomicdispatchingandelectricaldemandmanagementprocessincorporatedintothenewenergyfacility.Thissystemwillbeusedtooptimizethetotalcampuselectricalprofilewithrespecttobothtime‐of‐usegridelectricitypricesandpeakdemandcharges.

Forthissolicitation,itisanticipatedthatoneormorepowerpurchaseagreementsmaybesigned.TheminimumcontractualtermsandconditionsStanfordwillconsiderarethosecontainedinthePG&ERAM.However,Stanfordwillassignextravaluetoresponsesthatoffermorefavorableterms

1 SLAC National Accelerator Laboratory is operated by Stanford for the US Department of Energy



andconditions.RespondentsareencouragedtodetailanydeviationsfromtheRAMthatwouldprovidegreaterbenefittoStanford.

1.3 GOALS

Themaingoalsforthissolicitationincludethefollowing:

1.3.1 Energy and Full Capacity Deliverability Status

Stanfordisconsideringarenewableenergypurchaseranginginsizefrom33to100percentofitsannualelectricityconsumption.ArepresentativecampusloadprofileisprovidedatAttachmentA.RespondentsmaybundlemultipleprojectstogethertoassistStanfordinachievingthedesiredenergyvolumes.

AllprojectssubmittedinresponsetothisRFPmusteitheralreadyhaveobtainedFullCapacityDeliverabilityStatusor,withreasonablecertainty,anticipateachievingFullCapacityDeliverabilityStatuspriortoachievingcommercialoperationbytheendof2016.EachprojectbidintothisRFPmusthaveaminimumsizeof20MWAC.

1.3.2 Cost

Stanfordisinterestedinproposalsthatprovidethelowestlifecyclecost.Lifecyclecostwillconsiderguaranteedequipmentperformancefactors,estimatedannualproduction,proposedcost($/MWh),avoidedcost,Stanford’seconomicfactors,andcontractstructure.Costfordeliveredenergyshouldincludethevalueofallenvironmentalandresourceadequacyattributes.

Stanfordhasdevelopedadetailedcampusenergymodelthatoptimizesdispatchofitscampusenergyassetsagainstexpecteddemandandcostsforpower.Stanforddesiresthatrenewableenergybecosteffectivewhentakingintoaccountcurrentgridenergypurchases,directaccesscustomercharges,utilitydistributionrates,RECs,andtime‐of‐usevalue.AllbidsreceivedwillbeevaluatedinStanford’seconomicmodel;projectsthatprovidethegreatestvaluetoStanfordatthelowestcostwillbegivenpreferenceintheevaluationprocess.

Respondentsarerequiredtospecifyapowerprice($/MWh)foreachyearofthe25‐yeartermofthePPA.IfrespondentisalsoproposingtoserveasStanford’sESPpleaseprovidethiscostseparatelyanddonotincludethecostoftheseservicesinthePPAprice.

AdditionalinformationabouttherequestedpricingstructureisincludedinSection2.8ofthisRFP.

1.3.3 Environmental Impact

Stanfordispursuingthisprojectaspartofitscommitmenttosustainability.Developmentofnewfacilitieswouldneedtodemonstratethatenvironmentalimpactsareminimizedtotheextentpractical.

1.4 PREFERRED DEVELOPMENT PARTNER ATTRIBUTES

Itisexpectedthatthedeveloperwouldbetheleadindesign,financing,construction,andoperationofthefacilities,withguidancefromStanfordonkeyissuesofimportancetotheUniversity.Attributesthatarestronglypreferredinthedevelopmentpartnerincludethefollowing:



Acommitmenttothefulldevelopmentprocess,includingworkingwithStanfordduringdesign,permitting,construction,andoperation

FlexibilityindevelopmentofcontractstructuresthatmaytakeadvantageofStanford’scapital(e.g.apre‐paymentcomponenttothecontract)

Abilitytomaximizeapplicablegrantsandtaxincentives

Astrongtrackrecordofsimilarprojects,includingworkwithtax‐exemptentities

Adedicatedteamincludingseniorcorporateofficersspecificallycommittedtothesuccessofthisproject,alocalprojectoffice,andmainpointofcontactthatwouldbeengagedwithStanfordthroughouttheprocess.

AdemonstratedabilitytoworkcloselywithStanford’sESPortoserveasStanford’sESP

1.5 DEVELOPMENT PROCESS

Afterselectionofthewinningbidder(s)inresponsetothisRFP,StanfordplanstoquicklynegotiatetermsofaPPA.ProposedPPAstructureswouldbediscussed,withStanfordengaginglegal,tax,andcapitalpartnersasnecessarytorefinepreferredstructurestothesatisfactionofboththeuniversityandpartner.StanfordwouldthenpresentrecommendedPPAstoitsBoardforfinalapproval.Development‐termandoperational‐termlettersofcreditwillberequiredbythedeveloperastermsinthePPA,tominimizetheriskoftheprojectbeingcanceledduetodirectionfromleadership,economics,permittingissues,orforotherreasons.

1.6 PROJECT SCHEDULE

Proposedmajorprojectdevelopmentmilestonesareshownbelow.Alltimingispreliminaryonlyandmaychangeduringthedevelopmentprocess.Allprojectsmusthaveachievedcommercialoperationbeforetheendof2016.StanfordcanacceptpowerasearlyasApril1,2015.

1 BoardApprovalofShortList December2014

2 SelectionofDevelopmentPartner(s) December2014–January2015

3 NegotiationofProjectAgreements December2014–February2015

4 FinancialCloseandConstructionStart(ifnew) 2015

5 DeliveryofPower Beforetheendof2016;deliveriesmaybeginasearlyasApril1,2015


RFP Procedure and Technical Data 2‐1

2.0 RFP Procedure and Technical Data ProposalsarerequestedforrenewableelectricityassetforthinthisRFP.Allproposalsshallbepreparedandsubmittedinaccordancewiththeinstructions,thetechnicalspecifications,andthetechnicalproposalforms.Thissectionprovidesinformationonprocedures,technicaldata,andpricing.

2.1 SCHEDULE

StanfordhasestablishedthefollowingschedulefortheRFP,butreservestherighttoamendtheproposedscheduleatanytime.

IssuanceofRFP October24,2014

Pre‐ProposalConference November5,2014

FinalDeadlineforQuestionstobeSubmitted November11,2014

ProposalDueDate November17,2014

RFPEvaluationPeriod Nov18‐Dec82014

IssueRFPResults/Short‐List December15,2014

StartNegotiationswithShort‐ListedRespondents December2014

2.2 PRE‐PROPOSAL MEETING AND SITE VISITS

Apre‐proposalmeetingwillbeheldbywebinaronNovember5,2014.Anydeveloperwishingtoattendmustpre‐registerandwillthenbegiventhewebinardetails.Pre‐registrationsmustbemadebynoononNovember4,2014throughcontactwith:

ElsaBaezAssistanttotheExecutiveDirector‐SEM327BonairSidingStanford,[email protected]

ThePre‐ProposalMeetingwillbeginat8:00amPSTandisexpectedtolastuntilapproximately10:00amPST.

Questionstobeaddressedduringthepre‐proposalmeetingshouldbesubmittedtothecontactpersonprovidedforinSection2.3by5:00PacificTimeonNovember3,2014.AdditionalquestionswillbetakenduringtheWebinarandmaybesubmittedupuntilthequestiondeadlineprovidedforinthetimelineinSection2.1

2.3 QUESTIONS AND ANSWERS

Allinquiries,questions,orothercommunicationspertainingtotherequirementssetforthintheRFPmustbesentviaelectronicmailtothee‐mailaddressbelow.Anyverbalguidanceshallbeconsiderednon‐binding.Writtenanswerstoquestionswillbeprovidedafterthewebinar.ThedeadlineforsubmittalofquestionsisprovidedintheSection2.1.Questionssubmittedafterthisdatearenotguaranteedtobeanswered.



SendinquirestoAndrewKyleatakyle@energyedgeconsulting.com.Allquestionsshouldhavethefollowinginthesubjectline:“StanfordOffCampusRenewableRFP.”

Responsestoquestionswillbeansweredduringthepre‐proposalmeetingandreleasedindocumentformtoallinterestedpartiesafterthepre‐proposalmeeting.

2.4 SUBMITTAL REQUIREMENT

Three(3)originalcopiesalongwithanelectroniccopyoftheBidder’sproposalshouldbedeliveredtotheaddressbelowby2:00pmonNovember17,2014:

ElsaBaezSustainability&EnergyManagementDepartment327BonairSidingStanford,CA94305

Theproposalshallbesubmittedinasealedpackagewiththefollowinginformationshownonthepackage:

Biddernameandaddress

“StanfordOff‐CampusRenewableEnergyProjectProposal”clearlylabeled

Eachbiddershalldesignatearepresentativewhowillbegranteddeposit‐onlyaccesstoaBoxwebsiteforpurposesofuploadinganelectroniccopyoftheirsubmittalbythedeadlineinadditiontoprovidingthehardcopiesandaphysicalelectroniccopyviaUSBkeytothephysicaladdressabove.ContactinformationforthisindividualincludingemailaddressmustbeprovidedtothepersonlistedabovenolaterthanNovember17,2014sothatStanfordmaygrantaccesstotheBoxwebsitetothespecifiedindividualintimetomeetthesubmittaldeadline.TheelectronicsubmissionshouldcontainasingleAdobepdffileoftheproposalandExcelworksheetscontainingtheTechnicalProposalForm.Ifbiddingmultipleprojectswithinonesubmission,separateTechnicalProposalFormsarerequired.

ElectronicproposalsshallincludetheBiddernameinthefilename.

Proposalsreceivedlaterthanthisdateandtimemayberejected.Aproposalmaybewithdrawnbythefirmsubmittingtheproposalatanytimepriortotheclosingdateandtimeforreceiptofproposals.

2.5 PROPOSAL OWNERSHIP

AllproposalssubmittedbelongtoStanfordandwillnotbereturned.Stanfordwillusereasonableeffortstoprotectproprietaryandconfidentialinformation,butStanfordreservestherighttoreleasesuchinformationtoitsagentsorconsultantstohelpevaluatetheproposals.

2.6 BINDING PROPOSALS

ProposalsmustbesubmittedinthelegalnameoftherespondentwhowouldbeboundbyanyagreementwithStanford.Proposalsmustbesignedbyanauthorizedrepresentativeofthecompany.



2.7 TECHNICAL INFORMATION

Thissectionsummarizesavailablebackgroundanddesigninformationthatmaybeusefultorespondentsinpreparingtheirbids.

2.7.1 Eligible Equipment

ProposalsareopentoanyCaliforniaRPSeligiblerenewableenergytechnologies(PortfolioContentCategory1.)Technologiesmustbecommerciallyproven,withrespondentsdemonstratingcommercialtrackrecord.Referencestostatecertificationsandeligibility(suchasSB1approvedequipmentforsolarPV)areencouraged.

2.7.2 Eligible Locations

Therearenorestrictionsonthelocationfortheproject,butanyelectricitydeliveredmustmeetCaliforniaRPSPortfolioContentCategory1requirementsandtheprojectmustmaintainfullcapacitydeliverabilitystatusthroughoutthetermoftheagreement.

2.7.3 Eligible Respondents

RespondentstothisRFPmustdemonstratethefollowing:

Eligiblerenewableresource:ShowCECregistrationasRPSeligibleortimelineforobtainingapproval

Interconnection:SystemImpactStudy,PhaseIstudy,orpassedtheFastTrackscreensorsupplementalreview

SiteControl:Attestto100percentsitecontrolthrough(a)directownership,(b)lease,or(c)anoptiontoleaseorpurchasethatmaybeexerciseduponcontractexecution

DevelopmentExperience:Attestthatonememberofthedevelopmentteamhas(a)completedatleastoneprojectofsimilartechnologyandcapacityor(b)begunconstructionofatleastone

othersimilarproject

2.7.4 Transmission and Interconnection

ProjectsmustshowpointofinterconnectionintotheCAISO.RespondentsareonlyrequiredtodeliverpowertothePointofInterconnection(POI).IfrespondentdesirestodeliverenergytoStanford’sofftakepointthedeliverypointis“DLAP_PGAE‐APND.”IfrespondentisproposingthelatterpleaseprovideadditionaldetailsastohowrespondentproposesdoingsoandatwhatcosttoStanford.

RespondentwillberesponsibleforprovidingitsownschedulingservicesandallcostsassociatedwithensuringtheenergyisscheduledthroughitsSchedulingCoordinatortoStanford’sESP.

2.8 CONTRACT STRUCTURE, COST, AND PRICING

Stanfordhasidentifiedavarietyofprojectoptionsandconfigurationsthatrespondentsmayprovide.



2.8.1 Cost Data Required

Stanfordisrequestingpriceproposalsthatoutlinethepriceofenergy($/MWh)foreachyearofthecontractatthepointofdelivery.Thetimeframethatthefirmpricesaregoodforshouldbespecified,alongwiththemetricsusedforadjustmentsafterthepricingwindowhasexpired.Firmpricesmustbevalidforatleast180daysfromthedateofbidsubmission.

IfrespondentisproposingtobeStanford’sESPandSCpleaseprovidethecostassociatedwiththeseservicesseparately.

2.8.2 Contract Structures

StanfordiswillingtoconsideranycontractstructuresproposedbythebiddertominimizetotallifecyclecosttoStanford,howeverataminimuma25yearnon‐escalatingPPAwithprojectbuyoutfor$1attheendofyear25isrequiredtobesubmitted.Contractstructuresmayincludeapowerpurchaseagreement(PPA),pre‐paidPPAupto25percentofthetermcontractvalue,andearlybuyoutoptions,thoughbidderisnotconstrainedtojusttheseoptions.Stanfordisinterestedinadeptstructuresthatminimizethenetcostofprojectpowerdeliveriesoveritsfulllifecycle,andmaybeinterestedintakingownershipoftheprojectsometimeduringthetermofthecontract.Therespondentshouldbeclearintheirresponsetothefinancingandownershipstructureoftheproject,alongwithanyalternativesbeingproposed.WhiletheTechnicalProposalFormgivesoptionsforPPA,prepaidPPA,andownershiptransferoptions,respondentsarefreetodefineotherfinanceoptions.

Inadditiontotheaboverequiredcontractstructure,Stanfordisrequesting,butnotrequiring,proposalsforeachofthefollowing:

A25yearPPAwithanearlybuyoutoption(buyoutdatedefinedbyrespondent)andaprojectbuyoutfor$1attheendofyear25;

A25yearPPAwithapre‐paymentof25percentofthetotaltermcostandaprojectbuyoutfor$1attheendofyear25;

A25yearPPAwithanearlybuyoutoption(buyoutdatedefinedbyrespondent),apre‐paymentof25percentofthetotaltermcost,andaprojectbuyoutfor$1attheendofyear25.

ResponsesshouldusethePG&ERAMastheminimumstandardforPPAtermsandconditions.StanfordwillassignadditionalvaluetoresponsesthatproposecontractualtermsmorebeneficialthanthosecontainedintheRAM.RespondentsproposingenhancedcontracttermsshouldoutlinetheconceptualmodificationsbeingproposedandhowthiswillbenefitStanford.

2.8.3 Ownership

Stanfordisatax‐exemptinstitutionundersection501(c)(3)oftheInternalRevenueCode,andthereforeisseekingadevelopmentpartnerthatcantakeadvantageofavailablegrants,taxanddepreciationincentivestominimizeprojectcost.


Bid Submission Instructions 3‐1

3.0 Bid Submission Instructions ThefollowingsectionincludesthebidrequirementsthatapplytothisRFP.

AllproposalsmustcomplywiththerequirementsinthisSection.ThefollowinginformationmustbeprovidedbytheRespondentineachproposalwithoutexception

1. CoverLetter2. ExecutiveSummary3. RespondentInformation4. TechnicalProposalForm(seebidform)5. RespondentQualificationsandExperience6. RespondentFinancialInformation7. ProjectOrganizationandKeyPersonnel8. TechnicalInformation9. EnvironmentalPermitting10. ProjectSchedule(seebidform)11. OperationsandMaintenancePlan12. PricingandContractStructure(seebidform)13. InterestinActingasStanford’sESP14. OtherInformation(Optional)

Proposalsshouldbeconciseandclearlyorganizedinthesectionsoutlinedabove.Sectiontitlesshouldmatchthoselistedhere.Appendicesshouldbeincludedasnecessary.Proposalsthatarenotpreparedandsubmittedinaccordancewiththeseinstructionsmaybeconsiderednon‐compliantandberejected.

3.1 COVER LETTER

Eachrespondentshouldincludeacoverlettersignedbyanindividualauthorizedtoexecuteagreementsonbehalfoftherespondent.Thecoverlettershouldincludethefollowingstatements:

“(Respondent)herebyacknowledgesreceiptofStanfordUniversity’sOffCampusRenewableEnergyRFPandagreestoabidebyalltermsandconditionsoutlinedintheRFP.AllstatementsmadeinthisproposalaretruetothebestoftheRespondent’sbelief.IfselectedasawinningbidderbyStanford,theRespondentwillworkdiligentlytonegotiateingoodfaithtowardexecutingprojectagreements.Thisproposalisvalidforaperiodof(listnumber,minimum180)days.”

3.2 EXECUTIVE SUMMARY

Completeanexecutivesummarywhichhighlightsthekeyaspectsofthebid.Informationthatshouldbeprovidedincludesthedevelopmentsite,technologyproposedtobeused,projectsize,proposedcontractualstructures,proposedpricing,interestinbeinganESP,andwhytherespondentshouldbeselectedbyStanfordasthepreferreddevelopmentpartner.

3.3 RESPONDENT INFORMATION

Providethefollowinginformationinthissection:

LegalnameandaddressofRFPrespondent.



LegalformofRFPrespondent(partnership,corporation,jointventure,etc.).Ifthelegalentityisajointventureorpartnership,pleaseidentifythemember/ownerofthejointventureorpartnershipandthepercentownershipandprovideallinformationrequiredunderthissectionforeachmember/owner.IfRFPrespondentisawhollyownedsubsidiaryofaparentcompany,identifytheparentcompany.Provideorgchart.

Name,title,address,telephonenumber,andemailaddressofpersontocontactconcerningtheproposal.

Asummarydescriptionofentitythatwillprovidewarranteesandguaranteessupportingrespondent’sproposal.

3.4 TECHNICAL PROPOSAL FORMS

TherespondentmustcompleteallapplicableportionsoftheTechnicalProposalForm.ThisformmustbesubmittedelectronicallyasaMicrosoftExcelfile.Tobeconsideredresponsive,theapplicableportionsoftheTechnicalProposalFormmustbecompletedintheirentiretyandinaccordancewiththecorrespondinginstructions.Ifmultipleprojectsarebeingbundledtogetherinaresponse,adifferentformshouldbecompletedforeachproject.

Itemsinorangeshadedboxesmustbefilledinbythebidder.Itemsingreenboxesareforthebiddertoselectfromadropdownmenu.Itemsingreyreferenceothercellsorcontainformulasforcalculation.

Themajoraspectsofthetechnicalproposalformsareasfollows:

Overview:Informationshouldbeprovidedforthebidderandparentcompany,facility,output,andcommercialoperationdate.

EnergyProductionProfile:Respondentsmustprovidetheexpectedhourlyenergyproductionforatypicalmeteorologicalyear,excludingdegradationovertime.

PPAPricingandCommittedEnergy:Thisformincludesyear‐by‐yearenergyandpricinginformationatthepointofinterconnectionordeliveryfortheentire25yearterm.ThisformmustbecompletedforthebasecasesimplePPAstructureataminimum.Otherpricingstructuresareoptional.AdditionalinformationonthecontentexpectedtobeincludedforpricingisoutlinedinSection3.12.

MilestoneSchedule

InterconnectionInformation

ESPDesignation:IftherespondentisproposingtoprovideESPservicestoStanfordpleaseprovidetheinformationrequestedinthisform.

3.5 RESPONDENT QUALIFICATIONS AND EXPERIENCE

TheRFPrespondentshalldescribeprojectswheretheRFPrespondenthasprovidedsimilarservicestothosebeingrequestedbyStanford.Therespondentshouldidentifytheroleandscopeofworkthattherespondentperformedoneachproject,alongwithapproximateassociatedcontractvalue.IncludethreeprojectreferencesthatStanfordcancontacttoprovidefeedbackonprojectperformance.Thesameinformationshouldbeprovidedformajorsubcontractorsproposedforthisproject.

Thissectionshouldoutlinetherespondent’sspecificexperience(ifany)inthefollowingareas:



Workingwithcollegesanduniversities

Developmentandexecutionofnovelcontractstructures,suchaspre‐paidPPAs

Examplesofprojectsthathavebeencompletedandincommercialoperationsimilartothosebeingproposed

Examplesofcompletedinterconnectionandenvironmentalpermittingprocessesforsimilarprojectsthathaveachievedcommercialoperation

ExamplesofexperiencesuccessfullyprovidingESPservice(ifthisoptionisincludedinbid)

3.6 RESPONDENT FINANCIAL INFORMATION

Inorderfortherespondenttoprovidesoundproofoffinancialcapabilitytocarryoutitsproposal,thefollowinginformationshouldbeincludedifavailable.Ifunavailable,therespondentshouldprovidesimilarinformationwhichdemonstratesitsfinancialcapabilitytocarryoutitsproposal.

Currentbondratings

Currentratingagencyinformation

Legalcounterparty’s(and/orparentcompany’s)annualreportforthelastthreeyears

Auditedfinancialstatementsandfootnotesfromthepastthreeyears

Ifanyoftheaboveinformationisavailableontheinternet,websitelinksarepreferredtopaperorelectroniccopies.

StanfordwillrequiredevelopmentperiodsecurityanddeliverytermsecurityasspecifiedinthePG&ERAMPPA.Respondentsshouldverifyintheirresponsethatsecurityobligationsofthislevelcanbemet.

Allliabilityforthevalidityandcollectionoftaxcredits,accelerateddepreciation,orothervaluetobederivedbytherespondentisthesoleresponsibilityoftherespondentandfailuretocollectthatvalueduetodisallowanceoftaxcredits,expirationsoftaxcredits,accelerateddepreciation,orotherreasons,willnotaffecttheamountsStanfordisotherwiseobligatedtopayundertheagreementnorreduceinanywaytheobligationsofthedeveloperasspecifiedunderthePPA.

3.7 PROJECT ORGANIZATION AND KEY PERSONNEL

DescribetheprojectorganizationoftheRFPrespondent,subcontractorsandprojectpartners,includingidentificationandresponsibilitiesofallkeypersonnel.Highlighttheinvolvementexpectedfromeachofthepersonnelthatwouldbeworkingonthisassignment.Listtherelevantexperienceofthespecificindividualsproposedfortheprojectteamandincluderesumesasanappendix.Fortheprojectsoutlinedintheexperiencesection(Section3.5),identifyinamatrixtablewhichmembersoftheproposedprojectteamworkedontheseprojects.

3.8 TECHNICAL INFORMATION

ProposalsshouldhaveenoughtechnicalinformationsothatStanfordcanunderstandtheapproach,equipmentused,configurations,andhowtheyrelatetothecostandperformanceinformationthatwasdeveloped.

TheRespondentmustprovidethefollowinginformationdescribingthegeneratingfacility:



TechnicalInformation

SiteCharacteristicsandControl

ResourceSupply

FacilityOperations

3.8.1 Technical Information for the Facility

TheRespondentmustincludeadescriptionofthegeneratingfacilityformingthebasisoftheproposal.Thisincludesinformationrelatedtothetypeofplant,configuration,generallayoutdiagrams,preliminarysiteplanshowingsiteboundariesandplantlayout,diagramofgeneratingequipment,resourcetype(forexample,geothermal,wind),nameplatecapacityrating(MWAC),netplantcapacity(MWAC),annualnetoutput(MWh),projectedcapacityfactor,in‐servicedate,andthemajorequipmentproviders.Estimatesshouldclearlyaddressanticipateddegradationratesforthe25yeartermifapplicable.

Iftheproposalisbasedonanexistinggeneratingfacility,theRespondentmustprovidehistoricaldataforthelast3yearsorfromwhenthegeneratingfacilitywasbuilt.Existinggenerationfacilitysubmittalsinthe8760portionoftheTechnicalProposalFormshouldreflectmostrecent12monthsofplantgeneration.Existinggenerationfacilityinformationmustalsoincludethenetoutputrating(MW),capacityfactor,andscheduledoutagerate.Respondentsmustalsoprovideabasic(non‐confidential)descriptionofanyexistingorproposedenergy,RECandRAsalesarrangementsinvolvingthegeneratingfacilityandhowtheyrelatetothisProposal.

IftheProposalforsaleofrenewableenergyisfromanewgeneratingfacilitythatisyettobebuilt,Respondentmustdescribeanyfeasibilitystudiesperformedforthegeneratingfacility.Respondentmustalsodescribethelevelofengineeringcompletedforthegeneratingfacilityandtheplanforequipmentprocurementandconstruction.Ifcompanieshavebeenidentifiedforanyoftheseservices,pleaseidentifythosecompanies.Anestimatedhourlyproductionprofilemustbeprovidedshowingtheexpectedenergydeliveriesacrossanormalmeteorologicalyear.Thedataandevaluationsprovidedmustsupporttheproposedlevelofgenerationandtheprojectedcapacityfactor.

Outlineanywarranteesorguaranteesofferedfromtheproject.

3.8.2 Site Characteristics and Demonstrated Site Control

TheRespondentmust:

Providealegaldescriptionofthegeneratingfacilitysiteand,bothastreetmapandtheappropriatesectionofaUSGS(orequivalent)mapshowingthelocationofthegeneratingfacility.

ProvideanaerialphotoorGoogleEarthimageoftheprojectsiteshowingprojectfacilities,ifexisting,orlayoutofproposedfacilities.

Provideadescriptionofthelease/ownershiparrangementinplace,thenumberofacresatthesite,siteaccessroadsand,asapplicable,waterrightsortheplanforsecuringwaterrights,thewastedisposalplan,andthetransmission,watersupply,fuelsupply(asapplicable),orotherinfrastructureadditionsrequiredoutsideofthesiteboundariesforthe



Proposaltobeimplemented.Themapshouldshowalllandparcels,withparcelsowned,leasedoroptionedbytheRespondentclearlymarked.Forleases,confirmthattheleasecostforthefirst25yearsisincludedinthePPApriceswithnoballoonorendofleasepayments.Respondentsshoulddefinethedesiredplanfortransferofownershipordecommissioningattheendoftheprojectlife.

Discloseanylandliabilitiesorlimitationswhethertheybeliens,environmentalrestrictions,easements,accessrightstoothers,mineralrightsownedbyothers,historicorculturalrestrictions,orotheritemsthatmayimpacttheabilityoftheprojecttobeexecutedasplanned.

Identifyanymitigationrequirementsalreadydefinedandestimatedcost

3.8.3 Transmission Interconnection Information

StanfordwillconsidergeneratingfacilitiesthatmeetCaliforniaRPSPortfolioContentCategory1requirementsandareabletodeliverpowertotheCaliforniaISO.IfrespondentisproposingaprojectlocatedoutsideofCalifornia,respondentshoulddemonstratethearrangementsithasinplacetoensurethat1)compliancewithRPSCategory1requirementswillbemaintainedforthetermofthecontract;and2)fullcapacitydeliverabilitystatuswillbemaintainedforthetermofthecontract.

RespondentswhoareproposingaprojectcurrentlyunderdevelopmentmustdemonstrateaspartoftheirRFPbidresponsethattheproposalbidintotheRFPisinthegenerationinterconnectionqueueforanyandallrelevantTransmissionProvider(s)necessarytotransmittheenergytoaCAISOsysteminterfacepoint,hasrequestedInterconnectionServiceundertherelevantTransmissionProvider(s)’OpenAccessTransmissionTariff(s)andthatactivitiesassociatedwiththisrequestareinprogressorcomplete(includinganynecessaryInterconnectionFeasibilityStudies,SystemImpactStudies,orFacilitiesStudies).

Respondentsmustsubmitthefollowingdocumentation:

1. Asummaryofthecurrentstatusofthegenerator’sapplicationforinterconnectionwiththeapplicableTransmissionProviders.

2. AnystudycompletedbytheapplicableTransmissionProvider(s),includingbutnotlimitedtotheInterconnectionFeasibilityStudy,SystemImpactStudy,and/orFacilitiesStudyinwhichtheestimatedcostofanyrequiredtransmissionsystemupgrades,additionsand/ormodificationsareidentified.

3. Specifytheinterconnectionpointfortheexistingorproposedgeneratingfacilityasbeingstudiedbytheapplicabletransmissionprovider(s).

4. Atimelinedefiningthemajormilestonestobecompletedforallinterconnectionwork

Provide,ifpossible,thehistoricalbasiscostforthelasttwoyearsfromeachproposedasset’sdeliverynodetotheDLAP_PGAE‐APND.Ifrespondenthasaforecastoffuturebasiscostspleaseprovideitaswell.Providingthisinformationisnotrequiredandisnotarequesttoincludethetransmissionbasiscostintheprojectprice.



3.8.4 Energy Deliverability and Scheduling

Thesuccessfulrespondents(s)willberesponsiblefordeliveringenergytotheinterconnectionpointwiththeapplicabletransmissionsystemwithintheCAISOgrid.StanfordwillberesponsibleforanycongestioncostsincurredindeliveringthepowertoStanford’sapplicableloadaggregationpoint.StanfordwillacceptproposalsforprojectsanywherethatcandeliverintoCAISO,howeverconsiderationwillbegivenforexpectedcongestioncostsoverthetermofthesupplyagreement.

Thesuccessfulrespondent(s)willdeliverdocumentationtoStanford’sESPshowingthatStanfordhastitletoallrenewableenergycreditsassociatedbytheprojectasnecessarytoenableStanfordtoutilizetheRECstomeetitsRenewablePortfolioStandardobligationsanddocumentanyvoluntaryrenewablepurchases.

Respondent’sSCwillberesponsibleforschedulingtheenergyandtransferringresourceadequacycapacity,andrenewableenergycreditsproducedbytheprojecttoStanford’sESP/SC.Alternatively,ifthesuccessfulrespondent(s)wouldliketoutilizeStanford’sESP/SCforschedulingservicesthesuccessfulrespondent(s)willmakearrangementsdirectlywiththisentity.AllSCcostsassociatedwithschedulingenergyandtransferringresourceadequacycapacityandrenewableenergycreditstoStanford’sESP/SCwillbethesoleresponsibilityofthesuccessfulrespondent(s).

StanfordexpectstocontractwithathirdpartyforprovisionofESPandschedulingservices.StanfordwillconsiderproposalsfromrespondentsinterestedinprovidingESPandSCservicestoStanfordinconjunctionwithaproposedrenewableproject,howeverStanfordreservestherighttoselectrenewableprojectsanddeclineassociatedESPandSCservicesproposals.Seesection3.13fordetailrequirementsforprovisionofESPandSCservices.

3.8.5 Resource Supply

TheRespondentmustprovidesufficientinformationontherenewableresourcesupplytoprovideassurancethatthegeneratingfacilitywillbeabletomeetitsprojectedproductionestimatesforthedurationofthegeneratingfacilitylife.Inparticular,pleaseprovideevidenceofregistrationwithCECaseligiblerenewableresource,ortimeframeforobtainingthisdocumentation.

Inaddition,thefollowinginformationisrequestedforthedifferenttechnologies:

3.8.5.1 Geothermal

Providesummaryofallcollectedgeothermaldatafortheproposedgeneratingfacilitysite.

Characterizethegeothermalresourcequality,quantityandprojectedproductionlevels.

Provideagraphortablethatillustratestheannualandmonthlyprojectionofgeothermalresources.

Describeanyotherexistinggeothermalfacilitiesintheresourceareaandcharacterizetheirproductionandtheiranticipatedimpact,ifany,onthegeneratingfacility.

3.8.5.2 Biomass

Describethebiomassfuelmakeupanditssource.



Providearesourceassessmentofavailablebiomassfuelforthegeneratingfacilityanditsproximitytothegeneratingfacility.Theresourceassessmentshouldidentifylong‐termfuelpriceriskandavailabilityriskissues.

Identifycompetingresourceend‐uses.

Provideaplanforobtainingthebiomassfuel,includingatransportationplan.

Identifyanycontractsorlettersofintenttoacquireandtransportthebiomassfuel.

3.8.5.3 Solar

Describethesourcesofinsolationdata,eitheronsite,satellite,oranearbystation.Ifusinganearbystation,statetheexactdistancefromthatstation.

Identifythenumberofyearsofsolardata,andtheaccuracyofthedata.

PVSYSTmodelreportsand8760productionprofilefortypicalmeteorologicalyear(TMY)

3.8.5.4 Wind

Provideasummaryofallcollectedwinddatafrommetstationsonsite.

Indicatewherethedatawascollected,whatequipmentwasused,anditsproximitytothegeneratingfacilitysite.

Provideeitheratleastoneyearofwindresourcedata,awindresourceassessmentreportfromaqualifiedmeteorologist,orboth.

Comparethelong‐termwindspeedsintheareatothecollectedresourcedataatthegeneratingfacilitysite.

Confirmationofwindturbineavailability

Allresourcesmustprovidean8760energyproductionprofileforatypicalmeteorologicalyearintheaccompanyingtechnicalproposalform.

3.8.6 Assurance of Generating Equipment Supply

Respondentshoulddemonstratethatrespondenthasaccessto,orhascompletedsourcingof,thenecessarymajorequipmenttocompleteengineeringandconstructionofthefacilitycontemplatedintheproposaltomeetthestatedCommercialOperationDate.

3.9 ENVIRONMENTAL PERMITTING

TheRespondentshould:

Includeadescriptionofhowthegeneratingfacilitycompliesorwillcomplywithallapplicableenvironmentallawsandregulations.

Foranyexistingornewgeneratingfacilities,provideadetailedlistofallapplicablestate,localandfederalpermitsfortheconstructionandoperationofthefacilityand,providea



detailedpathschedulecontainingclearandconcisetaskdescriptionsandanticipatedtimelinesforsecuringthosepermitsandapprovals.

Importantmilestonesanddecisionpointsintheschedulealongwithanexplanationofhowpermittingactivitieswillbecoordinatedwithintheoverallconstructionanddevelopmentschedule.

Providecopiesofanypermitsalreadysuccessfullysecured,includingtheirassociatedapplicationsandsupportingdocuments,studiesandreports.

Describeanycoordinationeffortswithlocal,stateandfederalagencieswithrespecttoanyenvironmentalissues.

Describeanyexistingon‐siteenvironmentalissuesofconcernsuchassitecontamination,presenceorlackofwastedisposalarea,stateorfederallyprotectedplantandwildlifespeciesandspeciesofconcernpresentorpotentiallypresent,sensitivehabitatsorecologicallysensitiveareas,wetlanddelineations,andanyotherknownenvironmentalissuespotentiallyhavinganegativeimpactontheabilitytocompletethedevelopmentofthegeneratingfacilityormeetthelong‐termobligationsofaPPA.

Describethelandusesadjacenttoandinproximityofthegeneratingfacilitysite.Describecurrentorplannedeffortstobuildlocalcommunitysupport.

Provideanyairqualitymodelingresults,andestimatedairemissionratesidentifiedorexpectedtobeincludedinanairpermitprocess.Forwindprojectsincludeairspaceandradarclearance.

3.10 PROJECT SCHEDULE

Therespondentshoulddescribetheprojectschedule,andprovideadetailedscheduleinMSProject(orequivalent)outliningtheexpectedtimelinefordevelopmentandconstructionoftheproject.Includemajormilestonessuchaspermitting,financing,engineeringdesign,procurement,construction,interconnection,commissioning,acceptancetesting,commercialonlinedate.

RespondentshallprovideStanfordwithadatebywhichrespondentwouldneedacontractexecutedwithStanfordinordertoensurecommercialoperationnolaterthanDecember31,2016.

3.11 OPERATIONS AND MAINTENANCE PLAN

Provideanoverviewfortheproceduresthatarerequiredtooperateandmaintaintheequipmentinstalledateachofthelocations.Itisexpectedthattheoperationsandmaintenanceplanwouldincludeataminimumthefollowingsections:

Staffingplan

On‐sitefacilities

Preventivemaintenanceschedule

Performancetesting,monitoring,andreporting

Approachtounscheduledmaintenance



Sparepartsinventorymanagement

Warrantyandinsurancemanagement

3.12 PRICING AND CONTRACT STRUCTURE

Inthissection,thebiddershouldprovidenarrativedetailsregardingtheprojectandcontractstructurethatshouldbeconsideredbyStanfordinitsbidevaluation.

3.12.1 Cost Information

RespondentmayproposemultiplepricingoptionsforStanfordtoconsiderasprovidedforintheTechnicalProposalform.However,respondentmustsubmita25yearnon‐escalatingPPAwithaprojectbuyoutfor$1attheendofyear25includingallenvironmentalandresourceadequacyattributes.IndicativeestimatesforenergypriceattheStanfordtakeoffpointmayalsobeprovided,butarenotnecessary;respondentsshouldspecifythepointofdeliveryfortheresponseandincludethisintheTechnicalProposalForm.Seesection2.7.4formoredetail.ThepricesshallbeprovidedinnominalUSDollars.

IndicateinthissectioniftherespondentcanproviderenewableenergybeyondthebaseamountsdefinedintheresponseandTechnicalProposalForm,howmuchcanbeprovided,andthepriceforthisexcessenergy.

3.12.2 Proposed Contract Structure

Thissectionshouldoutlinetheproposedcontractstructuredesiredbytherespondent.Thetechnicalproposalformallowspriceinputsinfourpotentialcontractstructures:PPA,PPAwithtransfer,prepaidPPA,andprepaidPPAwithtransfer.Onlythefirstpricingstructureisrequired;alternatestructuresareoptional.Pricingstructureswithouttransfershouldassumeatermof25years.Ifproposingearlybuyoutstructure,pleaseclearlystatetheFairMarketValuation(FMV)method.Thetransfercostshouldincludeallland,improvements,easements,landaccessrights,transmissionaccessrights,andeverythingelserequiredtoallowtheprojecttocontinueoperatingunderthesameconditions.Ifproposingaprepaystructure,pleaseassumea25percentprepaidstructure.

3.12.3 Project Financing Plan and Partners

Presentacompletefinancingplanthatcoversthetotalprojectcostsofthefacilitybeingproposedincluding,amongotherthings,developmentcosts,constructionfinancing,andlong‐termfinancing.Providesupportingdocumentationtoshowfinancialcapabilitytoconstructthefacility.

3.12.4 Incentives Assumptions

Biddershallidentifyallincentivesandtax‐relatedbenefitsthatwereassumedindevelopingthepricingfortheproposedprojects.Provideasummaryoftheprocesstorealizethoseincentivesandbenefitsandtheriskfactorsthatcouldpreventrealizationofthoseincentivesandbenefits.ItisStanford’sintentthatbidderwilltakeallriskassociatedwiththefailureofbiddertorealizeanyincentivesortax‐relatedbenefitsassociatedwiththeproject(s).

3.13 INTEREST IN ACTING AS STANFORD’S ESP

RespondentsexpressinginterestinservingasStanford’sESPshouldprovideinformationtoenableevaluationofabilitytoactasanESP(suchasexperienceandfinancialsupport).NoteCalifornia



PublicUtilityCodesection394definesESP(allESP'smustregisterwithCPUC)andsetsforthrequirements.2AdditionalformsforestablishinganESPareavailableonPG&E’sDirectAccesswebsite.3

IfrespondentisproposingtoprovideESPservicespleasedemonstratethattherespondent’sESPhasa1)proventrackrecordservinglarge,complexendusecustomers,2)experiencemanagingrenewableresourceoutput,and3)astrongrelationshipwithaproven,reliableandexperiencedSchedulingCoordinator.

PleaseindicateyourinterestinservingasStanford’sESP/SCandprovidethefollowingadditionaldetailsifapplicable:

ESPCertificationNumber

YearsofexperienceasanESP

Averageannualloadserved

● LargeCommercial/Industrial

● SmallC&I

● Residential

Additionalexperiencewithanentityofsimilarsize/complexitytoStanfordUniversity

● AdditionalexperiencewithhandlingandincorporatingrenewablePPApurchasesmadedirectlybytheendusecustomerintoafullESPservice

DetailsregardingexperienceasanSCorwithSCservices

3.14 OTHER INFORMATION (OPTIONAL)

ListanyotherinformationthatthebidderfeelsStanfordshouldtakeintoaccountwhenevaluatingthequalityofthisresponse.

2 http://www.leginfo.ca.gov/cgi‐bin/displaycode?section=puc&group=00001‐01000&file=394‐396.5 3 http://www.pge.com/en/b2b/retailenergysuppliers/espresourcecenter/index.page


Evaluation Procedure 4‐1

4.0 Evaluation Procedure Theproceduresandcriteriatobeusedintheevaluationofproposalsaredescribedinthissection.Theseproceduresandcriteriawillbeusedtodeterminewhetherproposalsareresponsive;toevaluateandscoresubmittalsfromtechnical,economic,andotherviewpoints;andtodevelopapotentialshort‐listfornegotiations.

Thefirststepwillbeareviewofthesubmitteddocumentationandformattoassurethatallinformationrequestedhasbeenprovided.Stanfordreservestherighttodisqualifyanyresponseforanyreason.AtStanford’sdiscretion,requestsmaybemadeofrespondentstoprovideoreditmissingorclearlyerroneousinformation.

Projectsthataredeemedtohaveprovidedthenecessaryinformationwithintheallottedtimeframewillbeevaluatedontechnical,economic,andothercriteria.HighlightsforthemainitemsthatwillbeevaluatedbyStanfordareoutlinedbelow.

4.1 TECHNICAL EVALUATION

Inthetechnicalevaluation,theabilityofthecompanytoperformthedevelopmentworkandexecutetheprojectwillbeconsidered,alongwiththetechnicaldetailsoftheproposeddesign.Themainareasthatmaybeconsideredinevaluatingthecompanyincludethefollowing:

Companydevelopmentandoperationsexperience

Qualityofsubcontractorsandteammembers

Experienceofkeypersonnel

Financialstrengthoftherespondent

ReadinessofteamandstafftoengagewithStanfordonprojectwork

Evaluationofthetechnicalaspectsofthebidwillfocusonthefollowingareas:

Leveloftechnicaldetailprovided

Reasonablenessofestimatedoutput

Feasibilityandprovenexperienceofchosentechnology

Environmentalimpact

DetailandreasonablenessofO&Mplan

Warrantiesandperformanceguarantees

Detailandreasonablenessofprojectscheduleanddevelopmentplan

Feasibilityoftransmissionpathwayanddeliverability

4.2 ECONOMIC EVALUATION

TheeconomicevaluationportionforthisRFPwillbeananalysisofthenetimpacttoStanford’s

totalenergycosts.Stanfordwilltakeintoaccountpricingandpointofdeliveryinthemodels

establishedbytheevaluationteam.


Evaluation Procedure 4‐2

Qualitativecriteriawillalsobeusedinevaluatingtheeconomicportionoftherespondent’sbid.Itemsthatwillbeconsideredinclude:

Levelofdetailprovidedandtransparencyinthepricingandprojectfinancialstructure

Levelofdevelopmentofpricingplanandpartnershipagreements

Reasonableandequitableproposedpricingadjustmentmechanisms

Experienceinuseoftheidentifiedstructures

4.3 OTHER CONSIDERATIONS

ThereareadditionalitemsthatStanfordwouldtakeintoaccountwhendetermininganappropriatepartnerfordevelopment.Thisincludes,butisnotlimitedto,thefollowingitems:

FlexibilityinbeingapartnertoStanford,includingthewillingnesstobealong‐termpartnerandabilitytoadaptdesignsandcontractstructuresasnecessary

EducationalandresearchbenefitstoStanford

ExperienceandcreativityindevelopinginstallationssuitabletoStanfordandsurroundingcommunities

Othercommunitybenefits

Afterreviewofallbidsandcompletionofevaluations,Stanfordmayselectashort‐listofbidderstopresenttheirqualificationsandansweradditionalquestionsinperson.Informationfromtheseinterviewswillbeusedtoselectthewinningbidder(s).Followingselection,itisexpectedthatthewinningbidder(s)andStanfordwouldenterintonegotiationsfordefinitiveprojectagreements.


Attachment A

Attachment A Campus Load Profile

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