OAR 123-093-0500
Project Evaluation
(1)
The Department will establish a SDI program Selection Committee (Selection Committee) with representation from organizations including, but not limited to the Department and the Oregon Department of Energy.(2)
The Selection Committee will:(a)
Assist in determining if projects are qualified to participate in the SDI program,(b)
Evaluate Qualified Projects to assess project readiness, and(c)
Meet to discuss evaluated projects in order to generate an enrollment queue that prioritizes projects that are more likely to generate electricity by January 2, 2018.(3)
The elements of project readiness that will be assessed include:(a)
Business Strength (40%) — Preference will be given to projects that are led by demonstrably creditworthy companies with teams that demonstrate an ability to complete projects of similar scale, type, and location within projected timeframes. This includes an evaluation of:(A)
Secured funding sources, demonstrable with a signed Commitment to Lend or term sheet confirming secured funding sources, amounts and where applicable, expiration dates. Additional material may include award letters, confirmation emails, and other communications to support demonstration of participation in other incentive programs, where applicable.(B)
Team experience, demonstrable with a list of renewable energy project team members, roles, and qualifications; resumes of renewable energy project managers and other key team members; lists of similar renewable energy projects completed.(a)
Status of Agreements/Permits (30%) – Preference will be given to projects for which Applicants can demonstrate that required permits, agreements, and supply chains have been secured. This includes an evaluation of:(C)
Permitting status, demonstrable with applicable documents including, but not limited to, Conditional Use Permit (application and signed if available), Notice to Proceed from Authority Having Jurisdiction (AHJ), and other signed required permits as well as a narrative explaining the status of required permits that have yet to be granted.(D)
Site control agreement(s), such as land ownership documentation or a long-term lease.(E)
Status of Power Purchase Agreement (PPA), demonstrable with a signed PPA or a description of the status of the agreement.(F)
Status of Interconnection Agreement (IA), demonstrable with a signed IA or a description of the status of the IA, including the status of studies.(G)
Status of Transmission Agreement (TA) when applicable, demonstrable with a signed TA or a description of the status of the TA, including the status of studies.(H)
Contractors’ status, demonstrable with signed contractor agreements, paid invoices or cancelled checks indicating security deposits or service payments made to contractors.(I)
Supply status, demonstrable with supply invoices, contracts, bids, or proposals.(b)
Project Plan (30%) — Preference will be given to projects for which Applicants can demonstrate that project milestones have been and are likely to continue to be met, and that demonstrate likely commercial operation by January 2, 2018. This includes an evaluation of:(A)
Commercial Operation Date (COD), demonstrable with either an ‘agreed upon’ or ‘proposed’ COD between the Off-taking Entity and the project owner, and that can be demonstrated with a signed PPA.(B)
Project development timeline, demonstrable with a project Gantt chart or schedule that includes duration of each development stage, dates of major milestones (e.g., equipment procurement, equipment delivery on site, construction start and end dates, commissioning, etc.), and a description of project risks, including their influence on the project critical path and mitigation strategies.(C)
Community engagement/outreach, demonstrable with a list of past and proposed, required and voluntary community engagement activities, including goals, audience, tactics, and reach.
Source:
Rule 123-093-0500 — Project Evaluation, https://secure.sos.state.or.us/oard/view.action?ruleNumber=123-093-0500.