Public Act 102-0662 (the Climate and Equitable Jobs Act) mandates the procurement of Carbon Mitigation Credits (CMCs) from carbon-free energy resources for ComEd. This RFP seeks the procurement of approximately 54,500,000 CMCs annually, with delivery commencing on June 1, 2022. The procurement is administered by the Illinois Power Agency (IPA) in conjunction with ComEd, and eligible bidders must provide carbon-free energy resources that qualify under the legislation.
Key dates include the comment period deadline of November 1, 2021 for the draft CMC Contract, eligibility information submission deadline of November 15, 2021 at 5:00 PM CPT, and the bid submission window on November 23, 2021. The RFP includes multiple documents covering procurement rules, proposal forms, bid forms, and contract terms that bidders must comply with.
Bidders must submit a Proposal Form (Appendix 2), Bid Form (Appendix 3), Pre-Bid Letter of Credit (Appendix 4), and Confidentiality Statement (Appendix 5). A non-refundable Bid Participation Fee of $500 is required from bidders who have not participated in prior 2021 procurement events. Bidders must also complete and submit the Bidder Eligibility Form to the IPA demonstrating their facility qualifies as a carbon-free energy resource.
The CMC Contract is a comprehensive agreement outlining the terms between the successful bidder and ComEd. Contract terms are non-negotiable and final as of November 15, 2021. Successful bidders must provide guaranties and letters of credit as specified in the contract documents. The procurement process follows the Illinois Power Agency Act Section 1-75(d-10) and the Public Utilities Act Section 16-111.5.