Documents

AGR 00001
Published On: 08/22/2022

Question: Is there a construction timeline for the CT at Schahfer Station? I see the proposal & NTP timeline only.

Answer: Refer to Appendix H: Commercial Summary. The milestone listed for Q1 2024 approves the full release of the EPC contract which allows for fabrication and construction activities to begin. Actual construction start dates will be further defined during the Open Book Engineering and Estimating Phase. The current targeted Commercial Operation Date is in Q1 2026. However, NIPSCO would be interested in understanding if bidders have the ability to meet the Commercial Operation Date sooner.

AGR 00002
Published On: 08/22/2022

Question: Can you elaborate on Schahfer RFP specific document which talks about next phase involving an open book investigation phase? How does NIPSCO see that proceeding and how does that translate into a closed book EPC contract?

Answer: As described in Appendix H: Commercial Summary, the Open Book Engineering and Estimating Phase will be used to further progress preliminary engineering, project execution planning, estimating, and project management and administration necessary to define the project scope and provide a proposal for Engineering, Procurement, and Construction (“EPC”) execution of the work. The Open Book Engineering and Estimating Phase will be conducted in a transparent, collaborative fashion with NIPSCO. At completion of the Open Book Engineering and Estimating Phase NIPSCO may elect in whole or in part, to award a fixed-price EPC contract. Upon award of an EPC contract the books will be closed.

AGR 00003
Published On: 09/07/2022

Question: The PPA & Tolling Agreement term sheet specifies "Capacity Guarantee of [X] MW for the term ([X] years)." Can you please explain what is meant by Capacity Guarantee?

Answer: The capacity guarantee is the expected MW available for the facility in question. This can be expressed in "Installed Capacity" and also then discounted for guaranteed capacity that will be tendered under the agreement for meeting Resource Adequacy obligations in MISO (also known as Zonal Resource Credits or "ZRCs". There may be performance penalties associated with not meeting the capacity guarantee level.