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[CLOSED] Request for Proposal #002: Master Lease Provider

posted Jun 8, 2012, 3:26 PM by Unknown user   [ updated Sep 13, 2012, 4:01 PM by Unknown user ]
This Request for Proposals (“RFP”) is intended to identify lessor(s) capable of providing a Master Lease facility to multiple local governments throughout the Southern California region who wish to retrofit their current stock of municipal buildings and other physical assets to achieve energy savings ("Program".) This endeavor has precedent‐setting importance and the potential to drive significant energy efficiency actions at the local level. 

The anticipated structure for this Program’s primary financing source will be loans made directly to the municipal agency through the Master Lease facility. The Program’s initial Master Lease Agreement is requested for (i) a period commencing July 1, 2012 through December 31, 2013; and (ii) for an initial amount of $20,000,000. Upon mutual agreement of the parties, extensions may be granted for three (3) subsequent one year periods and additional $20,000,000 increments under the terms of the original Master Lease Agreement. Evaluation criteria for selection of Program Lessor(s) will include funding capacity, pricing, terms and required underwriting criteria of any provider. 

The closing date of this RFP is June 21, 2012, 4:00 PM (PDT).

Update on June 11, 2012: Please see Addendum #1
Update on June 18, 2012: Please see Addendum #2

To download the RFP, please register here.