Solar on Schools Financial Modeling

Agency: State Government of Minnesota
State: Minnesota
Type of Government: State & Local
NAICS Category:
  • 541611 - Administrative Management and General Management Consulting Services
Posted Date: Nov 5, 2024
Due Date: Nov 20, 2024
Solicitation No: PT4578
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Description

  • REFERENCE NUMBER: PT4578
    Contracting Agency: Minnesota Department of Commerce
    Title: Solar on Schools Financial Modeling
    Estimated Cost: $5001-$25,000
    Response to this solicitation is due no later than: 11/20/24 at 5:00pm
    To receive a printed copy of the solicitation, contact:
    Name: Jessica Pruden
    Phone: jessica.pruden@state.mn.us
    TTY: 711 or 1.800.627.3529 (MN Relay Service for persons with speech or hearing disabilities)
    Email: jessica.pruden@state.mn.us
    Notes:

    Minnesota Climate Innovation Finance Authority (MnCIFA) is seeking financial modeling services of an energy generating project portfolio as part of its submission to the US Department of Energy’s Loan Program Office (LPO) under the State Energy Financing Institution (SEFI) category. The proposal consists of $120,000,000 of loans from the Loan Program Office as part of a $150,000,000 proposal to fund solar installations on school buildings throughout Minnesota. The financial model should incorporate all elements of the portfolio design to meet the submission requirements of the LPO. This will include at least an annual analysis of the cash flow from MNCIFA, loan draw-downs, lease payments from schools, the effect of federal tax credits, and the use of other complimentary financing sources.

    Please note the deadline date of November 20, 2024.

    Please follow all instructions within the quick call proposal when making your submission.

    Date This Solicitation Was Posted: 11/5/24 at 1:40pm


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