№ lp_2_2_02628
Contractual agreement establishing exclusive negotiation terms, deposit requirements, and conditions for termination and forfeiture between a California joint powers authority and a project respondent in connection with a renewable energy procurement process.
Year: 2022
Document Type: Exclusivity Agreement
Parties: San Diego Community Power and [INSERT ENTITY NAME]
Organization: San Diego Community Power
Legal Form (SDCP): California joint powers authority
Project: [INSERT PROJECT NAME]
Related Procurement: San Diego Community Power 2024 Request for Offers for Renewable Energy and Energy Storage Projects
Subject Matter: Exclusive good faith negotiations for a long-term renewable Power Purchase Agreement
Negotiation Period: 120 calendar days from execution by SDCP
Extension Period: 30 additional calendar days at SDCP’s discretion
Deposit Amount: $3,000 per MW of proposed guaranteed capacity
Deposit Form: Cash or irrevocable standby Letter of Credit
Governing Location: San Diego, California
Referenced Officer: Dr. Eric W. Washington, CFO
Price: 8 / 10 USD
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