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UNION COUNTY IMPROVEMENT AUTHORITY Union County Renewable Energy Initiative Pre-Proposal Conference September 8, 201

Union County Renewable Energy Program Table of Contents. Welcome and Introduction Program DocumentsRequired Bid FormsFinancing and Interest Adjustment FactorEvaluation CriteriaTechnical SpecificationsSite Visit ScheduleRFP/Program ScheduleQuestions and Answers. . Union County Renewable Ene

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UNION COUNTY IMPROVEMENT AUTHORITY Union County Renewable Energy Initiative Pre-Proposal Conference September 8, 201

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    1. UNION COUNTY IMPROVEMENT AUTHORITY Union County Renewable Energy Initiative Pre-Proposal Conference September 8, 2010 Public Financial Management (pause) Our goal is to help our clients raise, invest and manage the resources they need in the most cost effective manner possible.Public Financial Management (pause) Our goal is to help our clients raise, invest and manage the resources they need in the most cost effective manner possible.

    2. Union County Renewable Energy Program Table of Contents Welcome and Introduction Program Documents Required Bid Forms Financing and Interest Adjustment Factor Evaluation Criteria Technical Specifications Site Visit Schedule RFP/Program Schedule Questions and Answers

    3. Union County Renewable Energy Initiative

    4. Required Bid Forms Form A-1: PPA Price Quotation Sheet (A-1 (AF) and A-1 (CF)) Form A-2: Respondent Information Form A-3: Proposed Security in lieu of Bond Form A-4: Proposal Bond Form A-5: Ownership Disclosure Statement Form A-6: Non-Collusion Affidavit Form A-7: Consent to Investigate Form A-8: Respondent’s Qualifications Form A-9: Receipt of Addenda Form A-10: Sealed Proposal Checklist Form A-11: Form Project Labor Agreement Business Registration Certificate

    5. Program Documents Power Purchase Agreement License Agreement Company Lease Agreement Company Continuing Disclosure Agreement Company Pledge and Security Agreement Authority Bond Resolution

    6. Required Bid Forms Rate Adjustment Factor / Project Cost Adjustment Factor Form A-1(AF), Respondent must set forth adjustment factors to the PPA Price in the initial year of the PPA Price for both interest rate change and Project Development Cost change Form A-1(CF), Respondent must set forth an adjustment factor for Project Development Cost change Interest rates for the Series 2010 Bonds (estimated at 3.37% for RFP) Project Development Cost (presently estimated at $750,000) Total Project Costs will not be locked in until the sale date of such Series 2010 Bonds (Anticipated on or about November 30, 2010). Interest cost and Project Development Cost may increase or decrease, Respondent required to provide an adjustment factor. PPA Price shall be increased or decreased by such adjustment factor. Respondent held harmless from any increase

    7. Evaluation Criteria Phase I: RFP Requirement Checklist PPA Price Quotation Sheet Total Project Cost PPA Price & Escalation Electricity Production/Guarantee Material Changes Additional Economic Benefits End of Term Fair Market Value Purchase Option (Optional) Early Termination Option (Optional) Alternative Amortization Schedule Technical Specifications System Size Project Schedule List of Permits Appendix D Forms

    8. Evaluation Criteria Phase II: Proposal Evaluation (All Proposals which comply to Phase I Requirements) Financial Benefits NPV of Benefits Profile of Benefits End of Contract Provisions Option – Sharing of Benefits Form of Security Material Changes to Program Documents Technical Design/Approach Output Guarantee (kWh) Equipment Warranty Construction Schedule Project Team Approach O&M Plan

    9. Evaluation Criteria Phase II: Proposal Evaluation Proposer Experience Project Types Similar Size Number of Projects Years of Experience New Jersey Experience Proposer Qualifications Management Supervisory Key Staff Contractors

    10. Evaluation Criteria Phase II: Proposal Evaluation Financial Strength Bonding Requirements Financial Capability (Proposer / Guarantor) County Security County Deficiency Amount Funding Relationship Restoration Performance Security

    11. Evaluation Criteria Phase III: Oral Interview Evaluation 1. Oral Interview Evaluation – All Respondents that have complete proposals (i.e. comply with Phase I) will be interviewed Presentation Explanation Key Factors Understanding Financial Factors

    12. Technical Specifications Preliminary System Size: 3.8MWdc 16 Local Units, 45 sites 15 year PPA rate and fixed escalation factor Technical Specifications to be used as guideline only. Performance-based specification used to establish minimum project criteria. Respondents required to evaluate and inspect each site including review of existing building drawings (when available) and shading analyses. PV System output calculations must be included for independent analysis by our team. Project Labor Agreement. Construction Plan and Schedules Relative Project Experience

    13. Technical Specifications Site Visit Schedule Day 1: September 13, 2010 (addresses in RFP) 8:00 am – 8:45 am: Union County Arts Center 9:00 am – 9:45 am: Rahway Public Library 10:00 am – 10:45 am: Linden Municipal Garage 11:00 am – 11:45 am: Linden Public Works Garage 1:00 pm – 1:45 pm: Linden Memorial Field(s) 2:00 pm – 2:45 pm: Linden Firehouse 1 3:00 pm – 3:45 pm: Linden Firehouse 2 4:00 pm – 4:45 pm: Winfield Township School

    14. Technical Specifications Site Visit Schedule Day 2: September 14, 2010 (addresses in RFP) 8:00 am – 8:45 am: Linden Public Library 9:00 am – 9:45 am: Linden City Hall Parking Garage 10:00 am – 10:45 am: Linden Firehouse 3 11:00 am – 11:45 am: Roselle BOE - Dr. Charles C. Polk Elementary School 1:00 pm – 1:45 pm: Roselle BOE - Grace Wilday Junior High School 2:00 pm – 2:45 pm: Roselle Firehouse 3:00 pm – 3:45 pm: Roselle Borough Hall 4:00 pm – 4:45 pm: Roselle Park BOE – EJF Aldene School

    15. Technical Specifications Site Visit Schedule Day 3: September 15, 2010 (addresses in RFP) 8:00 am – 8:45 am: Union County Administration Building 9:00 am – 9:45 am: Roselle Park BOE – Sherman School 10:00 am – 10:45 am: Roselle Park BOE – Robert Gordon School 11:00 am – 11:45 am: Roselle Park BOE – Middle School 1:00 pm – 1:45 pm: Roselle Park BOE – High School 2:00 pm – 2:45 pm: Cranford Public Library/Community Center 3:00 pm – 3:45 pm: UCC Cranford Campus

    16. Technical Specifications Site Visit Schedule Day 4: September 16, 2010 (addresses in RFP) 8:00 am – 8:45 am: Hillside BOE – APM School 9:00 am – 9:45 am: Hillside BOE – WOK School 10:00 am – 10:45 am: Hillside Dept. of Public Works 11:00 am – 11:45 am: Hillside Community Center 1:00 pm – 1:45 pm: Hillside Municipal Building 2:00 pm – 2:45 pm: Hillside BOE – High School 3:00 pm – 3:45 pm: Hillside BOE – Calvin Coolidge School 4:00pm – 4:45 pm: Springfield Chisholm Rec Center

    17. Technical Specifications Site Visit Schedule Day 5: September 17, 2010 (addresses in RFP) 8:00 am – 8:45 am: MUJC Transportation Dept. 9:00 am – 9:45 am: New Providence BOE – Allen W. Roberts 10:00 am – 10:45 am: MUJC DLC 11:00 am – 11:45 am: New Providence BOE – Salt Brook School 1:00 pm – 1:45 pm: Springfield Hirshey Building 2:00 pm – 2:45 pm: Springfield Public Library 3:00 pm – 3:45 pm: Springfield DPW Garage 4:00pm – 4:45 pm: Springfield Municipal Building

    18. Technical Specifications Site Visit Schedule Day 6: September 20, 2010 (addresses in RFP) 8:00 am – 8:45 am: Plainfield Fire Station Headquarters 9:00 am – 9:45 am: Plainfield City Hall Annex 10:00 am – 10:45 am: Plainfield Police Headquarters 11:00 am – 11:45 am: Plainfield Public Works Facility 1:00 pm – 1:45 pm: Garwood BOE – Lincoln School

    19. RFP/Program Schedule

    20. RFP/Program Schedule

    21. RFP/Program Schedule Additional Steps for Authority Financing Option

    22. RFP/Program Schedule Additional Steps for Authority Financing Option November 10: Authority to Adopt Bond Resolution, if necessary November 15: Company executes Company Financing Documents November 22: Mail Preliminary Official Statement Series 2010 Bonds November 30: Sell Series 2010 Bonds, Execute BPA; Mail Final OS December 8: Pre-Close Series 2010 Bonds December 9: Close Series 2010 Bonds Capital Improvement Projects Installation and Renewable Energy Projects Installation by December 9, 2011

    23. Questions and Answers Thank you for attending today’s Union County Solar Program Pre-Proposal Meeting!

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