1-Copy of EVTBid Summary (002).xlsx

XLSX spreadsheet 70 KB Posted

Attached to
Public Works Building Solar Panel Installation
Solicitation number
Not on record
Issued by
Chester County, Pennsylvania

About this file

This is a bid summary worksheet for East Vincent Township, Pennsylvania regarding the installation of an 84 kW roof-mounted photovoltaic solar array system at the Public Works building. The document establishes evaluation criteria for qualified bidders across two primary purchasing models: a full purchase option and a Power Purchase Agreement (PPA) option. Bidders must provide pricing on a lump sum basis for the complete system installation and on a per-kilowatt basis for comparison purposes. The sealed bid submission deadline is May 29, 2026, at 10:00 AM through the PennBid electronic bidding platform. Bid security of 10% is required in the form of a certified check or bid bond from a Pennsylvania-licensed company. Bidders cannot withdraw proposals for 60 days following the bid closing time, and the successful bidder will be assessed a PennBid transaction fee of 1/3% with a minimum of $150 based on contract award value.

The evaluation matrix addresses multiple cost and performance specifications including full purchase price, per-kilowatt cost, year-one electricity bill savings excluding Solar Renewable Energy Credits (S-RECs), estimated 25-year savings, federal IRA tax benefits through direct pay option, Act 129 rebate projections, system size specifications, electricity production guarantees, degradation rates (maximum 0.7% annually over 10 years), invertor warranties (minimum 10 years), workmanship warranty terms, operations and maintenance costs with annual escalators, and electricity usage offset percentages. For PPA offerings, bidders must specify whether sites are standalone or multi-site, provide year-one PPA rates with annual escalators, term length, cost reduction percentages versus current utility rates, levelized cost of energy calculations, S-REC ownership allocation, and S-REC generation and valuation projections. The document requires bidders to apply a 3% annual utility rate increase assumption and 0.5% annual solar module degradation rate in their financial modeling.

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Purchase Summary

East Vincent Township
ItemDescriptionCost
Base BidLump Sum cost for a minimum installation of a 84 kW roof mounted photovoltaic solar arrayFull Purchase Price
Price per kWProvide the cost for the system at a per kW basis.
Lowest qualfied/responsible bidders will be detemrined based on the values below. Descoping and interviewers may be required to determine these apsects.
System Cost and Production FieldsCost and Production DecriptionsProject Description 1Notes
Electricity Bill Savings Year OneThe value of electricity produced against electricity consumed through the utility or supplier, NOT INCLUDING S-RECS
Total Estimated SavingsTotal savings ($) provided over 25 years factoring in up-front costs and INCLUDING S-REC VALUES.
Full Purchase PriceThe "turnkey" cost of the system if paid for outright or loan financed, excluding financing mechanisms such as tax benefits and rebates.
IRA Tax BenefitsThe cost recovered through the federal solar tax credit direct pay option
Act 129 RebateProjected rebate value through utility program
System SizeDC Nameplate in KW
Electricity Production Guarantee #1The total electricity expected to be produced by this installation in year one expressed in kilowatt hours (kWh).
Degradtion RateMaxium degradation rate 0.7% per year (10 Years)
Invertor Warranty10- year minimium
Electricity Usage Offset by SolarThe percentage of current electricity usage offset by the installed solar.
Electricity and Distribution Charges Used for OffsetCurrent electricity supply rate (default utility service or 3rd-party supplier) and associated distribution charges offset by solar
Operations and Maintenance Cost Year OneYear one cost of providng O&M coverage
O&M EscalatorAnnual increase in O&M cost
Workmanship Warranty TermLength of warranty for free worksmanship coverage

PPA Summary Sheet

Please indicate which project sites are included as part of the PPA or indicate multiple PPA offerings.
System Cost and Production FieldsCost and Production DecriptionsSite ASite BSite CSite D
Standalone or Multiple Sites IncludedIf this site is part of a multi-site PPA please indicate here (using common descriptor for convenience).
Year One PPA RateStarting rate for first active year
PPA EscalatorIncrease in PPA rate annually
Term LengthLength of Power Purchase Agreement in years
Electricity Bill Savings Year OneThe value of electricity produced against electricity consumed through the utility or supplier, NOT INCLUDING S-RECS
Cost Reduction vs Existing Utility/Supplier Rate (Year One)Percent reduction of electricity cost from current utility/supplier ratePlease use a 3% annual increase when making utility or 3rd-party supplier assumptions and an annual defactor rate of 0.5% on your solar modules.
Estimated 25 Year SavingsTotal savings ($) provided over 25 years factoring in up-front costs, NOT INCLUDING S-RECS
Act 129 RebateProjected rebate value through utility program
System SizeDC Nameplate in kW
Electricity ProductionThe total electricity expected to be produced by this installation in year one expressed in kilowatt hours (kWh).
Electricity Usage Offset by SolarThe percentage of current electricity usage offset by the installed solar.
Electricity and Distribution Charges Used for OffsetCurrent electricity supply rate (default utility service or 3rd-party supplier) and associated distribution charges offset by solar
Discount RateRate of return to discount future cash flows to present value
Levelized Cost of EnergyAverage net present cost of PV system per kWh
S-REC OwnershipWho owns S-RECs through this agreement
If S-RECS are owned by host organization
S-RECs Generated Year OneSolar installations produce Solar Renewable Energy Credits (S-RECS)
Estimated Value of S-RECS Year OneThe total cash value S-REC produced year one based on current market value.
Total Estimated SavingsTotal savings ($) provided over 25 years factoring in up-front costs and INCLUDING S-REC VALUES.

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