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ATTACHMENT C SAMPLE POWER PURCHASE AGREEMENT COUNTY OF SANTA CLARA Contract Award Notice CONTRACT TITLE: POWER PURCHASE AGREEMENT CONTRACT NUMBER: ___________________________ AWARD DATE: ___________________________ CONTRACT PERIOD: ___________________________ SERVICE: Electricity Service Provision COMMODITY NO: ____________________________ BUYER CONTACT: _____________________________ TITLE: _____________________________ BUYER TEL: _____________________________ BUYER EMAIL: _____________________________ SELLER NAME: _____________________________ SELLER CONTACT: _____________________________ TITLE: _____________________________ SELLER TEL: _____________________________ SELLER EMAIL: _____________________________ County of Santa Clara Page 1 of 48 Sample PPA RFP – RRPPA-001-310 ATTACHMENT C SAMPLE POWER PURCHASE AGREEMENT PURPOSE: To establish a service contract with ______________________ for delivery of electricity. TOTAL VALUE: The total value of this contract shall not exceed $ __________. REFERENCE: The following (and all exhibits) constitutes the contract document: Agreement By and Between _______________________ and __________________________ executed effective __________________ County of Santa Clara Page 2 of 48 Sample PPA RFP – RRPPA-001-310 ATTACHMENT C SAMPLE POWER PURCHASE AGREEMENT COUNTY OF SANTA CLARA [/ Buyer] REGIONAL POWER PURCHASE AGREEMENT TABLE OF CONTENTS Article Page 1. Definitions …………………………………………………... 5 2. Effective Date, Term………………………………………… 11 3. Engineering and Construction Requirements…………... 12 4. Delivery of Power, Metering & Monitoring…………………. 16 5. Billing & Payment…………………………………………… 21 6. Deposit Requirements……………………………………….. 22 7. Seller’s Additional Obligations……………………………… 23 8. Force Majeure………………………………………………... 27 9. Termination for Convenience………………………………... 29 10. Dispute Resolution…………………………………………... 32 11. Default & Remedies…………………………………………. 32 12. Representations, Warranties & Covenants………………….. 36 13. Assignment & Financing……………………………………. 38 14. Other Terms & Conditions………………………………….. 39 County of Santa Clara Page 3 of 48 Sample PPA RFP – RRPPA-001-310 ATTACHMENT C SAMPLE POWER PURCHASE AGREEMENT COUNTY OF SANTA CLARA [/ Buyer] REGIONAL POWER PURCHASE AGREEMENT [Fixed Subarticle numbers, alignment, and spacing throughout the document to clean up the document presentation] This agreement (“Agreement”), by and between ____________ (hereafter referred to as “Buyer”) and ____________ (hereafter referred to as “Seller”) is dated _____________. R E C I T A L S A. [Buyer] wishes to meet its power requirements cost effectively, efficiently and in an environmentally-friendly manner; B. [Buyer] has solicited proposals from persons, firms, organizations, and/or other legal entities to provide such power from renewable resources in a cooperative/joint solicitation led by the County of Santa Clara; C. [Seller] is in the business of designing, constructing and operating solar photovoltaic (“PV”), fuel cell or hybrid electric generating systems for the purpose of selling power generated by the systems to its customers; D. [Buyer] has selected [Seller] to design, construct, own and operate a solar PV, fuel cell or hybrid generating system to be located on its property subject to the terms, conditions, covenants and provisions set forth herein; E. [Seller] intends to construct, own, and operate renewable energy-powered generating facilities that shall qualify as an eligible renewable energy resource (“ERR”) under the State of California Renewable Portfolio Standard (“RPS”) and desires to sell electricity produced by such generating facilities together with other attributes to Buyer pursuant to the terms, conditions, covenants and provisions set forth herein; F. Buyer desires to purchase electricity generated by Seller’s generating facility, together with all Environmental Attributes pursuant to the terms and conditions set forth herein; NOW, THEREFORE, in consideration of the mutual promises contained herein and other valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties agree as follows: County of Santa Clara Page 4 of 48 Sample PPA RFP – RRPPA-001-310
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