2026-09_CONL_New_London_Community_Center_RFP_Exhibit_E.xlsx

Exhibit E is a bid summary and financial benefits template for the City of New London's solar energy RFP (2026-09-CONL) for a solar photovoltaic system at the New London Community Recreation Center located at 1 Recreation Way, New London, Connecticut. The exhibit comprises four interconnected spreadsheet components designed to capture proposer information, system specifications, cost breakdowns, and projected financial benefits across two scenarios. Proposers must submit detailed equipment specifications including module manufacturer and model, inverter specifications, racking systems, and data acquisition systems, along with a comprehensive cost breakdown itemized by engineering, permitting, interconnection, materials, construction, and contingency expenses. The template requires proposers to calculate total system costs on a per-watt-DC basis and project annual production in kilowatt-hours, with all financial data to be evaluated at bid opening scheduled for February 12, 2026.

The exhibit establishes evaluation frameworks for both a base bid scenario involving a 20-year Power Purchase Agreement (PPA) and an alternate bid scenario for Virtual Net Metering (VNM) offtake under Connecticut's Non-Residential Renewable Energy Solutions (NRES) program. Exhibit E.3 requires proposers to demonstrate projected financial benefits to the City of New London across 20 years, incorporating federal Investment Tax Credit (ITC) details with a baseline of 30 percent and any applicable adders, utility rate escalators of 3 percent annually, and PPA rates. The City qualifies for a 20 percent distressed municipality bid preference under the NRES program. Proposers must complete all yellow-shaded cells in the template while other cells remain locked, and all supporting documentation for equipment specifications, cost breakdowns, and NRES program bids must be uploaded separately with bid submissions.