Common use of Power Purchase Bid Clause in Contracts

Power Purchase Bid. Power purchase bids must be for a fixed term at a stated price which may be indexed or vary in price by year from a single resource located in or into PACE, and must be in the form of the Power Purchase Agreement (“PPA”) attached as Attachment 3. The source of energy and capacity for the PPA should be (a) a generation facility located on a Bidder-supplied site, (b) a generation facility located on one of the PacifiCorp sites identified in this RFP, or (c) from the Bidder’s electrical system. For purposes of this RFP 2012, the PacifiCorp Ssites consist of real property currently owned by the Company immediately adjacent to the Company’s Currant Creek and Lake Side facilities. In the event a Bidder proposes to locate a facility on a PacifiCorp Ssite, the Bidder must propose a PPA for quantity equal to no less than 85% of the facility’s dependable generation capacity, with such amount being no less than 420 MW nominal generation capacity, and a minimum term equal to or greater than 20 years or a maximum consistent with the IRP Tables C. 27 and C.28 life of the asset. Design evaluation criteria that the Company will use for bid screening and evaluation purposes can be located in Appendix C (Tables C.27 and C.28) of the IRP. These minimums are put in place on PacifiCorp sites because both of these sites are capable of second units, and PacifiCorp must ensure the value of these assets are used in the best interest of customers. The Bidder should assume that the Company will not own or operate any facility bid into this category. All Bidders in this category must complete the information requested in Appendices C-1 and D. In the event a facility is proposed to be located on a PacifiCorp Ssite, the Bidder must negotiate and enter into a lease or land purchase agreement acceptable to the Company, together with a Construction Coordination Agreement substantially in the form attached as Appendix H. Appendix H. These negotiations will occur afterif and when the bidderBidder is selected in the final shortlist. THIS RFP 2012 IS NOT AN OFFER TO SELL A PACIFICORP SITE TO ANY BIDDER, AND IN NO EVENT WILL PACIFICORP BE OBLIGATED TO SELL A PACIFICORP SITE TO ANY BIDDER. ANY SALE OF A PACIFICORP SITE WILL BE SUBJECT TO THE NEGOTIATION, EXECUTION AND DELIVERY OF ALL AGREEMENTS AND OTHER DOCUMENTS NECESSARY AND PROPER FOR THE SALE OF PROPERTY, AND TO PACIFICORP’S SATISFACTION, IN ITS SOLE DISCRETION, THAT SUCH TRANSACTION WILL BE IN THE BEST INTERESTS OF PACIFICORP’S CUSTOMERS AND WILL NOT IMPAIR IN ANY MANNER PACIFICORP’S OPERATION OF ITS FACILITIES THEN LOCATED ON OR ADJACENT TO THE PACIFICORP SITES. At the Bidder’s request, the Company may agree to provide certain facility connection points at a PacifiCorp site for facilities located at a PacifiCorp Ssite. The estimated cost and description of these points are contained in Attachments 7 and 8; however, actual costs to the Bidder may vary. Bidders should note that any proposal submitted in this category that proposes new construction of a generation facility must utilize the services of a single primary Contractor under a single engineer, procure, construct (EPC) contract or an equivalent structure which will not increase the risk of default by multiple contractors to the cCompany and its customers. Any Contractor must be experienced with the type of facility being proposed and, in addition to any other credit provision described herein, this entity must have a Credit Rating that is BBB-/Baa3 or greater from S&P/Xxxxx’x or, if not publicly rated, an equivalent Credit Rating as determined by PacifiCorp Credit.

Power Purchase Bid. Power purchase bids must be for a fixed term at a stated price which may be indexed or vary in price by year from a single resource located in or into PACE, and must be in the form of the Power Purchase Agreement (“PPA”) attached as Attachment 3. The source of energy and capacity for the PPA should be (a) a generation facility located on a Bidder-supplied site, (b) a generation facility located on one of the PacifiCorp sites identified in this RFP, or (c) from the Bidder’s electrical system. For purposes of this RFP 2012, the PacifiCorp Ssites consist of real property currently owned by the Company immediately adjacent to the Company’s Currant Creek and Lake Side facilities. In the event a Bidder proposes to locate a facility on a PacifiCorp Ssite, the Bidder must propose a PPA for quantity equal to no less than 85% of the facility’s dependable generation capacity, with such amount being no less than 420 MW nominal generation capacity, and a minimum term equal to or greater than 20 years or a maximum consistent with the IRP Tables C. 27 and C.28 life of the asset. Design evaluation criteria that the Company will use for bid screening and evaluation purposes can be located in Appendix C (Tables C.27 and C.28) of the IRP. These minimums are put in place on PacifiCorp sites because both of these sites are capable of second units, and PacifiCorp must ensure the value of these assets are used in the best interest of customers. The Bidder should assume that the Company will not own or operate any facility bid into this category. All Bidders in this category must complete the information requested in Appendices C-1 and D. In the event a facility is proposed to be located on a PacifiCorp Ssite, the Bidder must negotiate and enter into a lease or land purchase agreement acceptable to the Company, together with a Construction Coordination Agreement substantially in the form attached as Appendix H. Appendix H. These negotiations will occur afterif and when the bidderBidder is selected in the final shortlist. THIS RFP 2012 IS NOT AN OFFER TO SELL A PACIFICORP SITE TO ANY BIDDER, AND IN NO EVENT WILL PACIFICORP BE OBLIGATED TO SELL A PACIFICORP SITE TO ANY BIDDER. ANY SALE OF A PACIFICORP SITE WILL BE SUBJECT TO THE NEGOTIATION, EXECUTION AND DELIVERY OF ALL AGREEMENTS AND OTHER DOCUMENTS NECESSARY AND PROPER FOR THE SALE OF PROPERTY, AND TO PACIFICORP’S SATISFACTION, IN ITS SOLE DISCRETION, THAT SUCH TRANSACTION WILL BE IN THE BEST INTERESTS OF PACIFICORP’S CUSTOMERS AND WILL NOT IMPAIR IN ANY MANNER PACIFICORP’S OPERATION OF ITS FACILITIES THEN LOCATED ON OR ADJACENT TO THE PACIFICORP SITESPacifiCorp’s operation of its facilities then located on or adjacent to the PacifiCorp Sites. At the Bidder’s request, the Company may agree to provide certain facility connection points at a PacifiCorp site for facilities located at a PacifiCorp Ssite. The estimated cost and description of these points are contained in Attachments 7 and 8; however, actual costs to the Bidder may vary. Bidders should note that any proposal submitted in this category that proposes new construction of a generation facility must utilize the services of a single primary Contractor under a single engineer, procure, construct (EPC) contract or an equivalent structure which will not increase the risk of default by multiple contractors to the cCompany and its customers. Any Contractor must be experienced with the type of facility being proposed and, in addition to any other credit provision described herein, this entity must have a Credit Rating that is BBB-/Baa3 or greater from S&P/Xxxxx’x or, if not publicly rated, an equivalent Credit Rating as determined by PacifiCorp Credit.

Power Purchase Bid. Power purchase bids must be for a fixed term at a stated price which may be indexed or vary in price by year from a single resource located in or into PACE, and must be in the form of the Power Purchase Agreement (“PPA”) attached as Attachment 3. The source of energy and capacity for the PPA should be (a) a generation facility located on a Bidder-supplied site, (b) a generation facility located on one of the PacifiCorp sites identified in this RFP, or (c) from the Bidder’s electrical system. For purposes of this RFP 2012, the PacifiCorp Ssites Sites consist of real property currently owned by the Company immediately adjacent to the Company’s Currant Creek and Lake Side facilities. In the event a Bidder proposes to locate a facility on a PacifiCorp SsiteSite, the Bidder must propose a PPA for quantity equal to no less than 85% of the facility’s dependable generation capacity, with such amount being no less than 420 MW nominal generation capacity, and a minimum term equal to or greater than 20 years or a maximum consistent with the IRP Tables Table C. 27 and C.28 life of the asset. Design evaluation criteria that the Company will use for bid screening and evaluation purposes can be located in Appendix C (Tables C.27 and C.28) of the IRP. These minimums are put in place on PacifiCorp sites because both of these sites are capable of second units, and PacifiCorp must ensure the value of these assets are used in the best interest of customers. The Bidder should assume that the Company will not own or operate any facility bid into this category. All Bidders in this category must complete the information requested in Appendices C-1 and D. In the event a facility is proposed to be located on a PacifiCorp SsiteSite, the Bidder must negotiate and enter into a lease or land purchase agreement acceptable to the Company, together with a Construction Coordination Agreement substantially in the form attached as Appendix H. Appendix H. These negotiations will occur afterif and when after the bidderBidder bidder is selected in the final shortlistselected. THIS RFP 2012 IS NOT AN OFFER TO SELL A PACIFICORP SITE TO ANY BIDDER, AND IN NO EVENT WILL PACIFICORP BE OBLIGATED TO SELL A PACIFICORP SITE TO ANY BIDDER. ANY SALE OF A PACIFICORP SITE WILL BE SUBJECT TO THE NEGOTIATION, EXECUTION AND DELIVERY OF ALL AGREEMENTS AND OTHER DOCUMENTS NECESSARY AND PROPER FOR THE SALE OF PROPERTY, AND TO PACIFICORP’S SATISFACTION, IN ITS SOLE DISCRETION, THAT SUCH TRANSACTION WILL BE IN THE BEST INTERESTS OF PACIFICORP’S CUSTOMERS AND WILL NOT IMPAIR IN ANY MANNER PACIFICORP’S OPERATION OF ITS FACILITIES THEN LOCATED ON OR ADJACENT TO THE PACIFICORP SITES. At the Bidder’s request, the Company may agree to provide certain facility connection points at a PacifiCorp site for facilities located at a PacifiCorp SsiteSite. The estimated cost and description of these points are contained in Attachments 7 and 8; however, actual costs to the Bidder may vary. Bidders should note that any proposal submitted in this category that proposes new construction of a generation facility must utilize the services of a single primary Contractor under a single engineer, procure, construct (EPC) contract or an equivalent structure which will not increase the risk of default by multiple contractors to the cCompany and its customerscontract. Any Contractor must be experienced with the type of facility being proposed and, in addition to any other credit provision described herein, this entity must have a Credit Rating that is BBB-/Baa3 or greater from S&P/Xxxxx’x or, if not publicly rated, an equivalent Credit Rating as determined by PacifiCorp Credit.