|RFP title||DuPage County PACE Administrator|
|Issued by||County of DuPage Procurement Services|
|Entry Date||2018-05-16 13:22:37|
DuPage County (“County”) is soliciting proposals from firms to provide PACE administrator services for its new Pace program. The County wishes to select a single qualified and experienced firm to provide services as outlined in the scope of service section of this document but reserves the right to award a contract to more than one bidder.
The Property Assessed Clean Energy Act (Act) was enacted by the General Assembly on August 11, 2017. The Act enables local units of government to establish property assessed clean energy programs which provide commercial entities with access to capital for the completion of specified energy and water efficient projects. The County’s role would be to facilitate the financing for commercial properties that opt to utilize the program. The targeted participants include privately-owned commercial, industrial, non-residential agricultural, or multi-family (of 5 or more units) real property located within DuPage County.
The program would provide access to low-cost, long term financing for energy efficiency, renewable energy and water conservation projects. The financing is repaid as an assessment on the property’s regular tax bill. The benefits to commercial property owners include enabling the installation of comprehensive retrofits that can significantly impact the business’ bottom line immediately with little to no up-front costs. Property values increase as the costs to operate the building are reduced, resulting in a more positive investment. The County is searching for a firm to manage its PACE administrator program to address three functional categories comprising program management; fiduciary duty; program marketing, outreach, and education.
See attached document for more information.
|How to submit||
See attached document and/or email: [email protected]