Or. Admin. Code § 123-093-0500 - Project Evaluation
(1) The
Department will establish a SDI program Selection Committee (Selection
Committee) with representation from organizations including, but not limited to
the Department and the Oregon Department of Energy.
(2) The Selection Committee will:
(a) Assist in determining if projects are
qualified to participate in the SDI program,
(b) Evaluate Qualified Projects to assess
project readiness, and
(c) Meet to
discuss evaluated projects in order to generate an enrollment queue that
prioritizes projects that are more likely to generate electricity by January 2,
2018.
(3) The elements
of project readiness that will be assessed include:
(a) Business Strength (40%) - Preference will
be given to projects that are led by demonstrably creditworthy companies with
teams that demonstrate an ability to complete projects of similar scale, type,
and location within projected timeframes. This includes an evaluation of:
(A) Secured funding sources, demonstrable
with a signed Commitment to Lend or term sheet confirming secured funding
sources, amounts and where applicable, expiration dates. Additional material
may include award letters, confirmation emails, and other communications to
support demonstration of participation in other incentive programs, where
applicable.
(B) Team experience,
demonstrable with a list of renewable energy project team members, roles, and
qualifications; resumes of renewable energy project managers and other key team
members; lists of similar renewable energy projects completed.
(a) Status of Agreements/Permits (30%) -
Preference will be given to projects for which Applicants can demonstrate that
required permits, agreements, and supply chains have been secured. This
includes an evaluation of:
(C) Permitting status, demonstrable with
applicable documents including, but not limited to, Conditional Use Permit
(application and signed if available), Notice to Proceed from Authority Having
Jurisdiction (AHJ), and other signed required permits as well as a narrative
explaining the status of required permits that have yet to be granted.
(D) Site control agreement(s),
such as land ownership documentation or a long-term lease.
(E) Status of Power Purchase Agreement (PPA),
demonstrable with a signed PPA or a description of the status of the
agreement.
(F) Status of
Interconnection Agreement (IA), demonstrable with a signed IA or a description
of the status of the IA, including the status of studies.
(G) Status of Transmission Agreement (TA)
when applicable, demonstrable with a signed TA or a description of the status
of the TA, including the status of studies.
(H) Contractors' status, demonstrable with
signed contractor agreements, paid invoices or cancelled checks indicating
security deposits or service payments made to contractors.
(I) Supply status, demonstrable with supply
invoices, contracts, bids, or proposals.
(b) Project Plan (30%) - Preference will be
given to projects for which Applicants can demonstrate that project milestones
have been and are likely to continue to be met, and that demonstrate likely
commercial operation by January 2, 2018. This includes an evaluation of:
(A) Commercial Operation Date (COD),
demonstrable with either an 'agreed upon' or 'proposed' COD between the
Off-taking Entity and the project owner, and that can be demonstrated with a
signed PPA.
(B) Project development
timeline, demonstrable with a project Gantt chart or schedule that includes
duration of each development stage, dates of major milestones (e.g., equipment
procurement, equipment delivery on site, construction start and end dates,
commissioning, etc.), and a description of project risks, including their
influence on the project critical path and mitigation strategies.
(C) Community engagement/outreach,
demonstrable with a list of past and proposed, required and voluntary community
engagement activities, including goals, audience, tactics, and reach.
Notes
Stat. Auth.: Ch. 63, OL 2016 (HB 4037)
Stats. Implemented: Ch. 63, OL 2016 (HB 4037)
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