Tax Advisory Services for ITC Elective Pay Filing

The Town of Wellesley, MA is seeking a tax advisor to provide professional services related to the federal Investment Tax Credit (ITC) elective pay mechanism. The selected firm or individual will assist the town in pre-filing for, filing for, and receiving elective pay for a Clean Electricity ITC for three solar photovoltaic systems on town property. The project involves informing design, procurement, contracting, and construction decisions that may affect eligibility, credit amount, and compliance with IRA requirements. Key aspects of the project include: • Providing tax advisory services for the ITC elective pay mechanism • Assisting with pre-filing, filing, and receiving elective pay for the Clean Electricity ITC • Informing design, procurement, contracting, and construction decisions • Ensuring compliance with IRA requirements • Working on three solar photovoltaic systems on town property The town intends to engage a tax advisor early in the project schedule to ensure that all decisions are made with consideration for tax implications.