Expired
RFP

Request for Proposals (RFP) for Energy Prepayment Counsel

San Diego Community Power CA

Important Dates

Deadline

May 3, 2024 3:00 PM

Deadline passed

Published

Apr 19, 2024

AI Overview

San Diego Community Power (SDCP) is seeking bond, tax and/or disclosure counsel to provide assistance with legal responsibilities, federal securities law, disclosure documents, and tax law for an energy prepayment transaction on existing Power Purchase Agreements (PPAs). SDCP is the default electricity provider for the Cities of Chula Vista, Encinitas, Imperial Beach, La Mesa, National City, San Diego, and the County of San Diego. SDCP recorded an estimated $891.28 million in net operating revenues in FY 2022-23 and projects $1,292.5 million in net operating revenues in FY 2023-24. As of February 29, 2024, total SDCP cash reserves were $383.3 million and total available liquidity was $533.3 million. SDCP intends to use this solicitation to establish a short list of Proposers to invite for interviews. The RFP requires proposers to provide information on contemplated services, proposed team, prepay experience, CCA experience, prepay components, proposed fees, and references.

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