Government Contract | Virginia
PROGRAMADMINISTRATORFORA COMMERCIALPROPERTYASSESSEDCLEANENERGY(PACE)FINANCINGPROGRAM

Bid Information


Bid Alert No: 00000496582

Bid Title: PROGRAMADMINISTRATORFORA COMMERCIALPROPERTYASSESSEDCLEANENERGY(PACE)FINANCINGPROGRAM

Agency Bid No. Title: 16174RFP

Received Date: 02/26/2016

Close Date: 04/07/2016

Purchase Type: Not Stated

Delivery Point:

Delivery Date: Not Stated

Special Notices: Pre-Bid Conference 03/03/2016 10:00 AM, Questions Due By 03/10/2016 05:00 PM

Specifications

Specifications include, but are not limited to:The selected Program Administrator will, with the assistance of County staff, design, launch and maintaina PACE financing program that is that is consistent with Virginia Code 15.2958.3.The PACE financing program, by facilitating contracts between private lenders and commercial propertyowners, must enable the property owners to obtain lowcost financing to make energy efficiency, solarthermal, solar electric, and water conservation improvements and pay for the cost over a multiyearperiod (up to at least 20 years) through a semiannual special assessment on their property tax bills.Those owners who choose to participate and have qualifying systems installed on their property will payonly for the cost of their financing (including principal, interest, reserves and administrative costs) andfees to administer the program.If the property is sold prior to the end of the repayment period, the newowner will assume the remaining assessments as part of the propertys semiannual tax bill.The following services are anticipated to be required:1. Design: Arlington County staff will rely on the PAs expertise, background, and experience workingwith other commercial PACE programs to help County staff draft Arlingtons program. Thisincludes, but is not limited to creating: program forms, a Frequently Asked Questions document,financial underwriting criteria, a list of qualifying improvements, and a flow chart showing howthe program will work. County staff will draft an ordinance for the County Boards considerationand adoption

Product Code: 94654

Agency Information


Issuing Agency: County of Arlington

State: Virginia

Agency Type: State and Local

Contact: Igor Scherbakov, Office of the Purchasing Agent 2100 Clarendon Blvd., Suite 500, Arlington, Virginia, 2201

Phone: 703-228-3410

Email: ischerbakov@arlingtonva.us

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