RFQ - Puerto Rico Electric Power Transmission and Distribution System
November 2, 2018
On October 31, 2018, the Puerto Rico Public-Private Partnership (P3) Authority issued a public notice on a Request for Qualifications (RFQ) for the Puerto Rico Electric Power Transmission and Distribution System (RFQ 2018-2). The P3 Authority in collaboration with the Puerto Rico Electric Power Authority (PREPA),is requesting Statements of Qualifications (SOQs) from companies and consortia interested in entering into a long-term P3 contract with PREPA. If implemented, the private partner will be responsible for management and operation of the electric power transmission and distribution (T&D) system of Puerto Rico and to assist with the procurements associated with, and the management and deployment of, federal funds assigned for the restoration of the T&D system (the "Project") to achieve the following objectives:
deliver low-cost electricity to ratepayers of Puerto Rico;
increase T&D system resiliency and reliability;
deploy new technologies; and
exercise industry best-practices and operational excellence.
According to the RFQ 2018-2 document, the proposed summary schedule of the major activities associated to the procurement process follows:
November 14, 2018
Deadline for submission of Requests for Clarification with respect to this RFQ by prospective Respondents (RFC).
November 20, 2018
Deadline for the P3 Authority to release responses to RFCs.
December 5, 2018
Deadline for submissions of SOQs (no later than 5:00 pm AST). SOQs must be delivered by hand.
January 16, 2019
Estimated date for notification of Qualified Respondents.
Goldman Antonetti & Córdova, LLC stands ready to assist as you and your business adjust to Puerto Rico's regulatory and legal changes. If you need further assistance in this area, please contact the following members of our firm:
Although the information included in this document may concern legal issues, it is not a legal opinion or professional advice and clients shall not use it as such. We assume no responsibility or liability of any kind for any information contained herein, and we expressly disclaim all liability for any claim for damages arising from the use, reference to, or reliance on, such information. If legal or other expert assistance is required, the services of a competent professional should be sought.
