NoticeHelp
Help

Identification

Reference Number: 22041489
Request ID:18-108718
Date First Offered10/18/2017
Title:Management of the Clean Energy Innovation Fund.

Agency Reference Number:DOE18010
Agency:EPA - Environmental Protection Agency
Purchasing Agency:EPA - Environmental Protection Agency
Purchasing Agency SPO:Jennifer Klein; alyson moore

Status: Closed

Overview

Description and Specifications:
The Illinois Environmental Protection Agency is giving notice of the intent to enter into a sole source contract with Clean Energy Trust.

The Federal/State Cooperative Agreement between U.S. Department of Energy and Illinois EPA requires a contract with a Vendor for management of the Clean Energy Innovation Fund. The Federal Grant agreement stipulates that that the Fund will continue to be administered by CET. The project is currently fully funded by the U.S. Department of Energy.

A hearing is scheduled for 2:00 p.m. on November 15, 2017 at the Stratton Office Building, 401 S. Spring St., Room 511, Springfield, IL 62706. Call-in information for those unable to attend in person will be provided upon request. Interested parties wishing to request a hearing or submit comments must do so in writing and submit their request to the notice contact. Request for a public hearing by an interested party or written comments shall be made by Monday, November 13, 2017 at 5:00 p.m. to:

Dianne Richman
712 Stratton Office Building
401 S. Spring Street
Springfield, Il 62706
E-mail: Dianne.Richman@illinois.gov
Phone: 217-670-9646
Fax: 217-558-1399

The hearing will be cancelled unless an interested party submits written comments or makes a written request for public hearing by Monday, November 13, 2017 at 5:00 p.m. to the notice contact listed above.

If a public hearing is requested, the purchasing agency shall present testimony justifying the procurement method. Any interested party may present testimony for or against the awarding of a sole source contract. The purpose of the hearing will be to receive information from the public as to whether contract award by Sole Source is appropriate and in accordance with the Illinois Procurement Code. Formal rules of evidence will not apply. Hearings may be recorded in order to aid in the production of minutes. Parties may submit written comments in lieu of attending the hearing. Written comments will be afforded the same weight as oral comments received at hearing. After consideration of the testimony, the Chief Procurement Officer may approve the purchasing agency’s request to contract by the sole source procurement method.

NOTICE: The start and end dates of this contract will depend on actual signature dates. The dates provided below are estimated for the purpose of the Illinois Procurement Bulletin hearing notice.

Key Information

Notice Type:Sole Source
Notice Stage:
Hearing Notice of Decision Upheld

Published:10/31/2017
Notice Expiration Date:11/29/2017
Sole Source Only Justification:Clean Energy Trust was granted the Federal money used to create the Clean Energy Innovation Fund along with the requirements associated with that money. CET is the only organization that can provide management of the CET-created Fund. The Federal Grant agreement stipulates that that the Fund will continue to be administered by CET. The grant agreement states that CET will use a restricted revolving funding model to identify and invest in early-stage clean energy businesses and will manage the Fund to provide financial assistance to select, high-growth companies. The structure of the Fund, the U.S. Dept. of Energy award process, and investment-dependent nature of administrative expenses make competitive bidding akin to termination of the Fund in this case. If CET lost control over the CET-created fund, the State would have to first recapture the principal, interest, and return on all investments made by CET, thus removing the money from active investments, before giving the money to a third party. Neither of these consequences were contemplated by U.S. Dept. of Energy when it granted Illinois the funds.
Accordance with Admin Rule:< Compatibility of equipment, accessory, parts, or service is paramount consideration

Professional & Artistic:No
Small Business Set-Aside:No

Does this solicitation contain a BEP or DBE requirement?:No

Does this solicitation contain a Veteran requirement?:No

Relevant Category:General Services

Total Amount of Award:$0.00 (Total Dollar Value Only/Includes Any Renewal Options)
Estimated/Actual Value Description:
Length of Initial Term:12
Contract Begin Date:12/01/2017
Contract End Date:11/30/2018
Renewal Terms:0

Bidder(s)


Number of Responding Bidders:1
Number of Unsuccessful Bidders:0
Total Number Awarded:1

Listing of All Bidders/Offerors Considered But Not Selected:
N/A
Source Selection:N/A

Vendor(s) Selected for Award
Vendor NameAmount of Award BEP Goal % DBE Goal %
Clean Energy Trust$0.000%0%

Notice Contact
Name: Erik Birkerts
Street Address:20 North Wacker Drive, Suite 734
City:Chicago
State:IL
Zip Code:60606
Phone: 224.554.9137
Fax Number:N/A
EMail Address:erik@cleanenergytrust.org

Class Code

Class Codes:

NIGP Code

NIGP Commodity/Service Code:946 00 FINANCIAL SERVICES - All


Attachments

To download file(s), click on filename(s) located below. Not all Notices will have files to download.

File Attachments: