Tax Advisory Services for ITC Elective Pay Filing Addendum_1 5-15-26.pdf

Climate Ac�on Department Town of Wellesley, Massachusets

ADDENDUM # 1

REQUEST FOR PROPOSALS

TAX ADVISORY SERVICES FOR ITC ELECTIVE PAY FILING

May 15, 2026

Contact: Marybeth Martello, mmartello@wellesleyma.gov

Ques�on 1: Cer�ficate of Authority – Is there any addi�onal context that you can provide with respect to the Township requiring a P&P bond for these professional services? It is very uncommon for professional services to operate under or contract through a P&P bond. The Contract Terms outline the professional liability insurance requirements that appear to be standard for these types of services.

Answer to Ques�on 1: The bond language was included as part of the Town’s standard procurement template. For this engagement, the Town does not intend to require a Performance and Payment Bond, and failure to provide such a bond will not disqualify a proposer. The professional liability insurance requirements stated in the RFP remain applicable.

Ques�on 2: Dura�on of the contract – The �meline does reference audit support, but the dura�on outlined in the task 1 sec�on states that support would be through the comple�on of the filing. Would it be more appropriate to state “through the statute of limita�ons”?

Answer to Ques�on 2: The Town acknowledges that audit support may extend beyond comple�on of the ini�al filing process. References to support “through comple�on of the filing” should be understood to include reasonable audit and post-filing support related to the submited claims, including during the applicable statute of limita�ons period. Proposers may describe any assump�ons, limita�ons, or addi�onal service terms associated with extended audit support in their proposals.

Ques�on 3: External Funding – On page 2, there is a reference to the Mass Dept. of Energy Resources grant. Is the funding s�ll being pursued, or are these funding sources NOT being u�lized? What is the expected date of decision on that?

Answer to Ques�on 3: The Town awaits results of a Climate Leader Communi�es grant applica�on to the Department of Energy Resources for up to $1 million for the two school solar projects. The Town expects to learn the grant applica�on results in May or June 2026.

Ques�on 4: Support in FEOC & Safe Harbors – While we can support the Town providing recommenda�ons and support, there are items outside the control that reside with the local AHJ, such as interconnect design reviews, and permi�ng. Please confirm that these uncontrollable variables would not be held against or expected to be mi�gated by the Tax Advisor.

mailto:mmartello@wellesleyma.gov

Answer to Ques�on 4: The Town expects the Tax Advisor to provide commercially reasonable professional guidance and support regarding FEOC compliance and applicable safe harbor provisions.

However, the Town acknowledges that certain factors affec�ng compliance or project eligibility may be outside the Tax Advisor’s control, including ac�ons or determina�ons by u�li�es, permi�ng authori�es, equipment suppliers, contractors, or other third par�es. Such uncontrollable factors will not, by themselves, be grounds for adverse evalua�on of the Tax Advisor’s performance, provided the Tax Advisor has exercised reasonable professional diligence and �mely communicated relevant risks or issues to the Town.

Ques�on 5: Price Proposal – The Contract Term requirements outline that there should be a NTE pricing structure, and the projects are required to be individually priced. Is the Town looking for an individually NTE pricing structure or simply that the overall pricing proposal would then be subject to a NTE contract if selected?

Answer to Ques�on 5: The Town intends for proposers to provide pricing for each of the three solar projects (Hardy School, Hunnewell School, and the RDF), with each proposed fee structured on a not-to-exceed (NTE) basis to the extent prac�cable. The Town an�cipates that the final contract would incorporate NTE pricing for authorized services. Proposers may also iden�fy any assump�ons, exclusions, or circumstances that could affect the proposed NTE amounts.

Ques�on 6: Financial Capacity – Would there be any means to waive the requirement to provide a financial statement?

Answer to Ques�on 6: The Town understands that some firms may not publicly disclose detailed financial statements for professional services engagements of this nature. In lieu of submi�ng full financial statements, the Town will accept alterna�ve evidence of financial capacity, which may include a writen statement ates�ng to the firm’s financial capacity. Failure to provide formal financial statements will not disqualify a proposer.

Ques�on 7: Compe�ng Commitments – Is this intended to outline responsible team members? It outlines an overall capability and assurances on items that are subject to review by other par�es. Would this be able to be prefaced with “within all areas of scope, services, and advisement that proposer can control….”. If there are uncontrollable items that assurances are provided for, we do not wish to be held responsible for items outside the realm of possibility to perform.

Answer to Ques�on 7: The “Compe�ng Commitments” provision is intended primarily to ensure that proposers iden�fy responsible personnel and provide assurances that they can complete the project.

The Town recognizes that certain project outcomes may depend on third par�es or factors outside the proposer’s direct control. The Town sees the proposer’s assurances and commitments as applying to services reasonably within the proposer’s control.