The Philadelphia Energy Authority (PEA) and the Philadelphia Green Capital Corp. (PGCC) have released a new Request for Proposals (RFP) to solicit pricing proposals from firms to provide technical assistance in leveraging federal tax credits for renewable and energy efficiency projects in Southeast Pennsylvania.
August 5, 2024 (CLOSED): The Philadelphia Energy Authority (PEA) and the Philadelphia Green Capital Corp. (PGCC) have released a new Request for Proposals (RFP) to solicit pricing proposals from firms (“Consultant”). The Consultant will provide technical assistance in leveraging federal tax credits for renewable and energy efficiency projects in Southeast Pennsylvania. Examples of respondents could include tax attorney firms, CPAs & accounting firms, and tax advisory consulting firms.
Specifically, the Consultant is expected to:
- Support PEA and PGCC program administrators through training and case-by-case guidance for tax credits and elective pay opportunities (~30% time).
- Advise PGCC on how to maximize uptake of IRA tax credits and elective pay by its partners (~20% time).
- Support PEA & PGCC program participants, including commercial property owners, nonprofits, and small businesses, by providing:
- Recordable webinars to provide program-specific guidance and examples to help program participants consider how to integrate IRA tax incentives into the project planning and financial cost analysis (~15% time).
- On-call time for every project (estimated 20-30 annually) to prepare them to identify and integrate tax incentives into their planning and establish a tax filing plan and timeline (~30% time).
- Outlines on the impact of Build America Buy America and Davis Bacon and Related Acts as it relates to program participants’ tax incentives (to the extent it can be provided; ~5% time).
Schedule
Office Hours: PGCC will host office hours at 10:00am – 11:00am on Monday August 12, 2024 to answer questions related to the RFP. The session will be recorded and posted on this RFP page. Participants can register here (https://bit.ly/PGCCTaxCreditAdvisoryRFP_OfficeHours)
Link to the recording here
Questions: All questions regarding this RFP must be submitted using this form (https://bit.ly/PGCCTaxCreditAdvisoryRFP_Questions). No questions will be considered by phone. Questions must be submitted by 5pm on Friday, August 16, 2024. Contractors responding to this RFP are urged to check the website for the responses to the questions. All responses will be issued by 5pm on Thursday, August 22, 2024.
All questions and answers can be found here. If you have additional questions, please fill out the above form. Responses are not guaranteed before the proposal deadline.
Proposal Deadline: Respondents to this RFP must submit an electronic version of all requested information and documents using this form no later than 5pm on Friday, August 30, 2024.
Interview Period: Finalists will be contacted for an interview in mid- to late September.
Projected Decision Date: Decisions will be announced early to mid-October.
All RFQ documents can be downloaded below:
- PGCC Request for Proposal for Technical Assistance for Tax Credit Advisory
- Independent Contractor Program Services Agreement
Confidential Information: If a Contractor desires that PGCC keep certain information from public disclosure, then the Contractor must include a notice in the Proposal as follows:
“Confidential Information Notice Pages ___ of this Proposal, identified by a bold vertical line along the right-hand margin, contain information that is excluded from public disclosure under applicable law. Contractor requests that such marked information be utilized by PGCC only for evaluation of this Proposal, but Contractor understands that PGCC is bound by applicable law and that such information may be disclosed in accordance with such law.”
Philadelphia Green Capital Corp 