The bid fee, $5,000, covers a base bid with an ownership structure plus an accompanying PPA for the same project.
Let's assume a Respondent plans to offer the following resources into the RFP:
- Renewable (BTA & PPA options)
- Renewable + Storage (BTA & PPA options)
- Standalone Storage (BTA & PPA options)
In this example, the Respondent is offering three separate projects, one renewable only, one renewable + storage, and one standalone storage. Because they are offering three separate projects, they would be required to pay a total of $15,000.