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  5. ›Solar Energy Power Purchase Agreement RFP Award

Awarded contract·North Hunterdon-Voorhees Regional High School District·New Jersey

Solar Energy Power Purchase Agreement RFP Award

Won by Advanced Solar Products$400kAwarded 4/17/2020Single Award
Contract source

Awarded vendors

  • Advanced Solar Products

Description

The North Hunterdon‑Voorhees Regional High School District (NHVRHSD) issued RFP 2020‑01 to procure a 15‑year solar‑energy Power Purchase Agreement (PPA) for rooftop solar installations at its two high‑school campuses. After evaluating seven proposals, the Evaluation Committee recommended awarding the contract to Advanced Solar Products (ASP) based on the lowest price per kilowatt‑hour, the greatest projected 15‑year savings, and strong technical design and experience. The PPA would have ASP design, install, own, operate, and maintain approximately 1.73 MW of solar panels, selling electricity to the district at about $0.0102 per kWh, yielding an estimated $3 M in savings over the contract term. • Scope: design, installation, ownership, operation, and maintenance of rooftop solar arrays (roof‑only option) on two high‑school sites. • Contract length: 15 years, with pricing validity extended beyond the standard 60‑day period. • Financial highlight: ASP’s price of $0.0102/kWh translates to roughly $400 k total purchase cost over 15 years, delivering ~$3 M in projected savings. • Evaluation criteria emphasized price per kWh, total savings, equipment quality, and vendor qualifications.

Attached files

Key dates

Bids closed
2/26/2020
Intent to award
4/17/2020
Awarded
4/17/2020
Contract modified
4/17/2020
Duration
15 years

Last updated

Details

Award type
Single Award
Procurement
Full and Open Competition
Industry
Renewable Energy
NAICS
221114
Solicitation №
RFP Number 2020-01

Contract value

$400,000

The award recommendation lists a roof‑only capacity of 1,734.84 kW and a price of $0.0102 per kWh. Assuming a typical production factor of ~1,500 kWh per kW per year, the system would generate about 2.6 million kWh annually, or roughly 39 million kWh over 15 years. Multiplying by the price gives an estimated total purchase cost of about $398,000 (≈ $400,000). This figure represents the amount the district would pay to the vendor over the contract term; the projected savings of $3 M are derived from the difference between this price and the district’s prior utility rates. Therefore, the contract’s economic magnitude is roughly four hundred thousand dollars.

AI estimate from the award documents

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