BC Hydro seeks financial adviser for Clean Power Call

BC Hydro seeks bids from independent advisers to help assess financial risks of projects submitted in response to its Clean Power Call for clean or renewable energy. Adviser bids are due Oct. 17.

The utility said third-party resources will help refine and implement the project development risk assessment process for Clean Power Call proposals. (HNN 6/13/08) The project development risk assessment process will focus on financial risks for each project, and on three other general areas: technical, First Nations, and permitting and approval.

The financial risk assessment adviser is to: provide input on financial aspects of the criteria and decision-making framework used for the risk assessment; participate in financial portions of the risk assessment; provide a summary report on financial risks identified for each project; and provide resources to address financial questions raised by evaluation team members.

The Clean Call for Power, issued June 11, calls for independent power projects to provide up to 5,000 gigawatt-hours annually of clean or renewable energy, including hydropower. Those proposals are due Nov. 25.

A copy of the tender document �Evaluation of Clean Power Call Proposal-Assess Financial Risk� (Q8-3471) may be obtained by completing and returning a form on the BC Bid Internet site, www.bcbid.gov.bc.ca, under www.publications.gov.bc.ca/bcbid/orderform/bchydro.pdf. Subscribers to the BC Bid website can view and obtain documents online.

For other information, contact Purchasing Department, Quotations, BC Hydro and Power Authority, 19th Floor, 401 W. Georgia St., Vancouver, BC V6B 5A1; (1) 604-694-8523; E-mail: q-room.schedule@absu.accenture.com.

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