Master Servicer for the California Hub for Energy Efficiency Financing (CHEEF) Pilot Programs

Agency: State Government of California
State: California
Type of Government: State & Local
Posted Date: Oct 11, 2017
Due Date: Oct 31, 2017
Solicitation No: 0000007231
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Master Servicer for the California Hub for Energy Efficiency Financing (CHEEF) Pilot Programs
Event ID: 0000007231

Format/Type: Sell Event / RFx

Published Date: 2017-10-11 4:14PM PDT

Dept: Alternative Energy & Adv Trans

Event Version: 1

Event End Date: 2017-10-31 4:00PM PDT

Description:

The California Alternative Energy and Advanced Transportation Financing Authority (CAEATFA) seeks a qualified firm (the Master Servicer) to provide assistance to the Authority with the administration of the California Hub for Energy Efficiency Financing (CHEEF) Pilot Programs. Broadly, the scope of services falls into four major areas: (1) Receive and enroll financings (e.g. loans, leases, energy service agreements) from participating financial institutions (PFIs or lenders); verify borrower, project and financing eligibility; collect appropriate program data; and apply loss reserves and credit enhancements based on Pilot Program regulations; (2) Acquire customer financing data (from financings) from participating financial institutions, and provide such data to the IOUs for placement on the customers utility bill; (3) Receive customer payment data and funds from IOUs and distribute to PFIs by establishing the accounts and processes to ensure a secure cash-flow. Notify PFIs and IOUs, as appropriate and subject to relevant laws or regulations, of exceptional events such as payment delinquency, account termination, and similar events; manage the transfer of funds as described in the Scope of Services; and (4) Provide comprehensive program reporting to CAEATFA and others as further described in the Scope of Services.
Contractor License Type(N/A)





Contractor License Type Description

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Area ID County

Contact

Contact: Avery Houston

Email: avery.houston@treasurer.ca.gov

Phone:

Pre Bid Conference(N/A)
Pre Bid Conference
Non Mandatory

Date:

Time:

Location:

Comments:

UNSPSC Codes





UNSPSC Classification UNSPSC Classification Description
84121600 Funds transfer and clearance and exchange services

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