RFP Documents

South Plains Electric Cooperative 2022 RFP

Appendix A-1

Evaluation Form for Energy-Only Blocks

Appendix A-2

Evaluation Form for Energy-Only, Fixed Load Shape Schedules

South Plains Electric Cooperative 2022 RFP Confidential Information

South Plains Electric Cooperative RFP Schedule

RFP Issued	November 17, 2022
Proposal Submission Deadline (4:00 PM CPT)	December 7, 2022
Notification of Results	TBD
Execution of Power Supply Agreements (No Later Than)	February 28, 2023

Bidder/Stakeholder
Questions and Responses

Responses to all relevant questions submitted to
[email protected] will be provided below.

1. Where will questions and responses be posted?

Relevant questions and responses related to the 2022 South Plains Electric Cooperative RFP will be posted on this page.

2. Are all questions submitted going to be posted anonymously?

Yes, as long as they are relevant to the RFP.

3. What is the response time for the RFP Administrator to respond to questions submitted?

Responses to questions will be provided as soon as practical. Response times will vary depending upon the complexity of the question.

4. Where can I find the last three years of Financials?

Financial statements are located under the confidential section of the website, the password will be provided as requested.

5. Will alternative products be considered as part of the proposal?

The only products being considered are energy blocks and energy-only fixed load shape.

6. Would you be willing to share the load forecasting data as suggested in the RFP document?

The load forecast data will be in the form of the fixed load shape. This shape will be located under the password-protected section of the website. The password will be provided as requested.

7. Will South Plains evaluate each of the products on the Energy Only Blocks sheet independently such that they may execute ALL deals?

Yes, they will be evaluated independently.

8. What form of contract would you envision this transaction be executed under (ISDA, EEI, Purchase and Sale agreement, etc)? What is the “Power Supply Agreement”?

It is expected the transactions will be executed under an EEI. A draft of the EEI will be provided in the confidential section on the RFP website.

9. How will the buyer collateralize the transaction?

To be determined during the contract negotiation process.

10. How will the seller collateralize the transaction?

To be determined during the contract negotiation process.

11. What are your preferred payment terms?

Preferred payment terms will be part of the master enabling agreement.

12. The schedule shows that offers are due on December 7th, yet notification of award doesn’t happen until December 18th. Is South Plains Electric Cooperative going to give the seller an opportunity to refresh the pricing b/w the dates or is South Plains Electric Cooperative expecting the seller to hold open (keep the same) the price between the offer due date (12/7) and award date (12/18)?

Respondents will be able to refresh pricing prior to execution.