Examples of Equity Eligible Contractor in a sentence
The derivation of the upper bound closely follows Clarkson (2010), and those arguments will be central for the derivation of the bounds for GM and SBQ presented in Sections 4 and 5.
For example, the Agency could implement a prioritization system within the Equity Eligible Contractor category based on the above factors, providing bonus points for EECs that meet one or more of those criteria and selecting projects based on points received.
Instead, Hawk has applied about 31.75 MW of community solar to the Equity Eligible Contractor (“EEC”) Block, of which 20 MW currently has a REC Contract.
We propose the following changes to page 160: For this draft 2022 Long-Term Plan, the Agency proposes that up to 25%100% of contract value may be advanced under this provision.Defining Eligibility for the Equity Eligible Contractor CategoryPage 160We urge the Agency to reconsider its interpretation of Section 1-75(c)(1)(K)(iv) of the IPA Act for the following three reasons.
The statutory requirement that an Equity Eligible Contractor be majority-owned by eligible persons loses its meaning if the minority owner is a large company and the majority-owner eligible person is a silent partner that would otherwise have no involvement in the solar sector – neither party is a person seeking to access the economic opportunities created by CEJA and facing discriminatory barriers in doing so.
Approved Vendors and designees that wish to submit projects into the Equity Eligible Contractor (“EEC”) category must first apply to be certified as an EEC.
Equity Eligible Contractor CertificationEquity Eligible Contractor applicants will be required to complete the certification in Appendix B of this Guidebook in addition to the Approved Vendor attestation in Appendix H.
The Joint NGOs would also support an approach to uncontracted capacity that does not reallocate capacity from the newly created Equity Eligible Contractor (EEC) category rightaway, allowing the programs from which EECs will be graduating time to scale up and start working on solar projects.
Equity Eligible Contractor Advance of CapitalPage 160 We see provisions for advancing capital prior to energization as critical to growing a thriving pool of equity eligible contractors.
Prioritization and streamlining applications are also important, but until all of CEJA’s inclusive financing mechanisms are in place and fully funded, REC payments will remain critical for EEC-led projects.As we’ll explain further below, we believe that this is the fundamental purpose of the Equity Eligible Contractor (EEC) category created in the Adjustable Block Program.