Energy Storage RFP/RFI/RFQ Drafting, Management and Scoring
Fractal specializes in writing, managing and evaluating energy storage RFP/RFI/RFQ. We use our experience and knowledge of the energy storage markets, vendors and components to maximize profitability and economic development for our clients. Fractal’s comprehensive procurement experience will ensure your solicitation is successful. We have written and managed numerous high profile solicitations for electric utilities and project developers around the world. Let Fractal help you conduct a timely, cost-effective and successful procurement of energy storage.
Prior to drafting the RFP, Fractal will inspect your project from a technical and financial perspective including:
|Technology / chemistry selection and component pairing|
|Business model design and duty cycle|
|System sizing based on power/energy requirements and project life|
|Warranty and performance guarantee optimization|
|Ownership and finance strategy, PPA rate optimization, ITC utilization|
scope of work definition
Fractal will work with your team to identify utility/contractor roles and responsibilities to specifically delineate the scope of work.
|Interconnection preferences, work, specifications and costs|
|Pre-project due diligence (environmental permits, surveys, zoning)|
|Metering, communication and station service requirements, specifications and costs|
|Site preparation work, specifications and costs|
|ISO registration, studies, metering, qualification and costs|
SCORING TEAM FORMATION
Fractal will ensure fairness, transparency and consistency by incorporating utility personnel into scoring teams.
RFI / RFP Scheduling
|Intent to Bid|
|Respondent Question Deadline|
|Shortlist and Interviews|
|Site Acceptance Testing|
|Question Response Deadline|
|Factory Acceptance Testing|
|ISO Market Qualification|
RFI / RFP Writing
|Statement of Intent|
|Project Life (20-year)|
|Technology Type & Chemistry|
|Scope (EPC, Installation, etc.)|
|Ownership / Service Price Options|
|Proposal Format Submission Requirements|
|Proprietary Data Treatment|
|Incentives and Subsidies|
|Local and Diverse Sourcing|
|Interpretation & Ownership of Documents|
energy storage rfp scoring matrix
Fractal can apply your existing scoring matrix or provide a template for proposal evaluation. Our scoring methodology has worked successfully in previous utility projects. We facilitate transparent, fair and consistent scoring for preliminary, short-listed and best-and-final proposals.
Each company will have different strengths and capabilities. Some will compete on cost; others on quality. Fractal will work with you to evaluate vendor proposals. The goal of the RFP is to evaluate the vendor fitness for your project.
Fractal builds custom financial models to assess the lifetime value of your energy storage project. Our models take into account the specific technology and design parameters of your project. Fractal goes beyond manufacturer’s datasheets and marketing collateral. Instead, Fractal applies real world parameters drawing from primary research of behavior and maintenance cycles from years of hands-on energy storage operation.
Fractal’s financial analysis applies granular costs and revenue. The output of the financial analysis includes:
|Internal Rate of Return (IRR)|
|Cost-Benefit Analysis (B/C)|
|Net Present Value (NPV)|
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We look forward to learning about your important and interesting project.