ESCO QUALIFICATIONS

Act 19-2012 requires SOEP to establish and maintain a list of Qualified ESCOs capable of providing energy efficiency and conservation services to Government Units. To qualify, ESCOs must respond to a Request for Qualifications (RFQ) issued by SOEP. ESCOs are evaluated based on their qualifications and experience and eligible ESCOs are certified by SOEP an included in the Qualified ESCO Registry.¹ Qualified ESCOs are eligible to provide ESPC services to Government Units that choose to participate in the ESPC Program. Government Units cannot engage in ESPCs with ESCOs that have not been qualified by SOEP. Qualified ESCOs understand the program goals and will conform to applicable laws and regulations. The primary intent of the selection process is fourfold: 1. To increase the number of successful performance contracts in the Government of Puerto Rico as a means of implementing comprehensive energy-efficiency projects in existing buildings. 2. To provide Government Units the opportunity to procure services of qualified firms in a timely and cost-effective way. 3. To ensure minimum qualifications of ESCOs to implement successful ESPC Projects. 4. To offer qualified firms the opportunity of engaging into an ESPC agreement. I SOEP issued a second RFQ in May 2015 to qualify ESCOs for as-needed ESPC services including preliminary auditing and assessment services for buildings and facilities for a three (3) year term. 10 I Page Energy Savings Performance Contract Program Amended Regulation An ESCO's qualified status will be effective for a three (3) year term subject to annual update of their files with SOEP. Qualified ESCOs will update their files with SOEP within the first thirty (30) days of each government fiscal year. Failure to do SO will automatically eliminate the ESCO from the Registry.