Solar power generation company project bidding

What is a solar RFP?

But first a few key definitions: A Request for Proposal (RFP) is a formal bid document to ask vendors to provide proposals for desired projects, as required by many public agencies (federal, state, local). A solar RFP outlines the photovoltaic (PV) product or service requirements, the contract terms, and bidding process.

What happens if a solar contractor is awarded a contract?

Upon an award, the solar contractor is bound to execute the contract and begin performance. If another contractor that supplied a proposal thinks that it had the best value proposal, the contractor can question the government’s evaluation process.

What is a solar power purchase agreement (PPA)?

A solar power purchase agreement (PPA) is a financial contract in which a third-party developer owns, operates, and maintains the photovoltic system, and a customer agrees to purchase the system's electric output from the solar services provider for an agreed-upon price and for a predetermined period.

Can a solar vendor sell to the government?

Solar vendors who want to sell to the government should be familiar with the General Services Administration (GSA), which is a self-supporting federal body that assists the government in obtaining products and services. The GSA also oversees its schedules, which are itemized lists of vendors who provide commercial goods and services.

Will EPC contracts provide for the handover of a solar facility?

EPC Contracts will not provide for the handover of the solar facility to the Project Company, and the PPA will not become effective until all commissioning and reliability trialling has been successfully completed.

Why should a project company invest in a solar facility?

• Performance guarantees: The Project Company’s revenue will be earned through the operation of the solar facility. Therefore, it is vital that the solar facility performs as required in terms of output, efficiency and reliability.