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FAQ - Central Vermont Public Service

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Contingent-Need RFP

http://www.cvps.com/ProgramsServices/contingentrfp.shtml



11/21/2008



Q & A Session

1. Q: Can you give approximate milestones for the regulatory actions associated with

Vermont Yankee relicensing?

A: The 2009 Legislative Session in Vermont opens in January and ends in May. At

the end of the 2009 session, the legislature may or may not have answered the

question of whether Vermont Yankee can continue to operate beyond March 21,

2012. If the 2009 session ends without resolution, then the legislature can pick

up the issue again in its 2010 session which ends in May, 2010.



After the legislature makes a decision the Vermont Public Service Board (PSB)

must decide whether to issue the required Certificate of Public Good, which is

also necessary for the plant to continue operations after March 21, 2012. The

PSB decision could take a couple months after the legislative decision comes

down.



The VT Utilities may or may not have negotiated a new contract for Vermont

Yankee by the time the legal issues are resolved. The VT Utilities cannot predict

whether or not Vermont Yankee will be permitted to operate beyond its current

license period.



2. Q: Given that you have two concurrent RFPs running (VT Utilities’ RFP and

Contingent-Need RFP) are the methods for evaluating proposals the same or

different for each RFP?

A: Our evaluation methods are the same. Both price and non-price factors will be

evaluated. To the extent a proposal meets our objectives in reducing portfolio

volatility and evaluates favorably in non-price categories, it’s possible that a

higher cost proposal could be more attractive than a lower cost proposal. Note

that as discussed in the RFP, 60% of the weight will be placed on economics -

cost and volatility (CVPS only). See Section 4.2 Evaluation Principles in the RFP

for more information about proposal evaluation.



3. Q: Refined proposals are due May 1, 2009 but there’s no mention of when Bidders

will be notified about proposal selections.

A: We’ve since revised the Contingent-Need RFP. We will notify Bidders by June

15, 2009 of whether their proposal was selected to receive an award contingent

on the resolution of the open Vermont Yankee questions.



4. Q: If a Bidder is participating in the VT Utilities’ RFP, can the Bidder also participate

in this Contingent-Need RFP?

A: Sure. Since the VT Utilities’ RFP will be finalized prior to the Contingent-Need

RFP, a Bidder may participate in both RFPs. If a Bidder is made an award on the

VT Utilities’ RFP and the proposal submitted in the Contingent-Need RFP is

identical, the Bidder must notify the VT Utilities to pull the proposal from the

Contingent-Need RFP. It’s possible for a Bidder to receive awards in both RFPs

for different projects.



5. Q: Are the Expression of Interest (Appendix A) and Confidentiality Agreement

(Appendix B) available in an editable Word format?

A: Yes. They are now available on our website and also inside the RFP document.

Note that no changes to the Confidentiality Agreement will be accepted.



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