Do competitive auction schemes allow emerging markets to procure solar generation?

Bottom Line: When procurement criteria and execution appropriately allocate risks, competitive auction schemes may allow issuers in emerging markets to procure solar generation at true market prices. Table 2: Competitive Procurement Process Design Criteria

What happens if a solar contractor is awarded a contract?

Upon an award, the solar contractor is bound to execute the contract and begin performance. If another contractor that supplied a proposal thinks that it had the best value proposal, the contractor can question the government’s evaluation process.

Do Solar Contractors need a Miller Act Payment Bond?

Since liens cannot be placed on federal projects, solar contractors and/or their suppliers and materialmen must look to a Miller Act payment bond for relief. The Miller Act has strict notice requirements with which federal contractors must comply. Failure to provide bonds can lead to termination for default by the federal government.