Addendum No. 1.pdf
PDF 170 KB Posted
- Solicitation number
- RFP 785 2300000325 3
- Issued by
- Elliott County, Kentucky
About this file
This is Addendum No. 1 to Request for Proposal No. RFP-785-2300000325 issued by the Commonwealth of Kentucky Department for Facilities and Support Services, Division of Engineering and Contract Administration, dated April 20, 2023. The RFP seeks an Energy Savings Performance Contract Lease Agreement. The addendum provides clarifications to vendor questions submitted during the procurement process and addresses technical and financial requirements outlined in the original RFP documents.
Key clarifications in the addendum address submittal requirements, financial index selection, and prepayment penalties. Vendors are not required to submit the system-generated cover page (Final_RFP_785_2300000325_1_SO_Form.PDF) with electronic bids. Regarding the costing section, respondents may select from various financial indexes such as LIBOR, Treasury rates, SIFMA, or the 10-year Bloomberg Swap Rate, provided they clearly indicate which index is being utilized in their proposal; the financial evaluation will account for different indexes used by different bidders. Additionally, while the RFP costing scenarios include a restriction on prepayment penalties beyond year five, vendors are permitted to propose alternative prepayment penalty structures in their responses.
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Text version
COMMONWEALTH OF KENTUCKY
DEPARTMENT FOR FACILITIES AND SUPPORT SERVICES
DIVISION OF ENGINEERING AND CONTRACT ADMINISTRATION
REQUEST FOR PROPOSAL NO: RFP-785-2300000325
FOR: Energy Savings Performance Contract Lease Agreement
DATE: April 20, 2023
Addendum No. One (1)
PROPOSER SHALL CONFORM TO THE FOLLOWING CHANGES AS SAME SHALL BECOME BINDING UPON
THE CONTRACT TO BE ISSUED IN RESPONSE TO THIS REQUEST FOR PROPOSAL.
Item 1. Answers to questions attached.
End of Addendum
REQUEST FOR PROPOSAL NO: RFP-785-2300000325
FOR: Energy Savings Performance Contract Lease Agreement
Amanda Greer, Statewide Procurement Analyst II Division of Engineering and Contract Administration
RFP Section / Requirement Number Document Document Page Number
Vendor Questions Commonwealth Response
Example -TEC-SEC-001 Appendix B - Technical Requirements
Example -Section 30.060.nnn RFP ##
So_Form.PDF A PDF was attached as part of the RFP entitled "Final_RFP_785_23000 00325_1_SO_Form.PDF . Is this form required to submit with RFP response or not due to the electronic submittal?
The form Final_RFP_785_2300000325_1_SO_Form.PDF is a system generated cover page and is not required to be submitted with the electronic bid.
RFP Page 14 Section 6.9 14 The Costing section of the proposal references the use of LIBOR, Treasuriers, SIFMA, etc as the basis for the index. LIBOR is not being used any longer.
Could you specficy what bidders should use for costing so that it is consistent across all responses that are received?
These are examples. Respondants may use another index of preference and should indicate which is being utilized with your proposal. The financial evaluation will look at different indexes if different indexes are used. 10 year Bloomburg Swap Rate is current.
RFP 14 The end of the page on 14 states the following "Master Lease Purchase Agreement for" is the remainder of the sentence missing?
This should have been a heading for the following page of A B and C
RFP 15 In the costing scenaio, the section stattes "In this scenario no prepayment penalty is permitted beyond year 5". Is this only for the scenario or may the bidder propose any prepayment penalty in the RFP response?
Yes, the prepayment penalty is for those scenarios. The vendor may propose an alternate to the 5 year cap.
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