Request for Proposals for Finance Expert Services
Please note: this is a revision of an earlier RFP sent to bidders by U.S. Mail
The Vermont Department of Public Service (Department), which represents the public interest and Vermont ratepayers in utility cases before the Vermont Public Service Board (PSB), federal regulatory agencies, and state and federal courts, is seeking proposals from qualified entities for finance expert services to assist the Department in its review of a proposed transfer of ownership of Entergy Nuclear Vermont Yankee, LLC from Entergy Nuclear Vermont Investment Company, LLC to NorthStar Decommissioning, LLC.
The Department is seeking to retain a consultant (or consultants) with technical expertise in financial and economic analysis of the proposed transaction. Consultants are invited to respond either in part or in the entirety to this Request for Proposals (RFP), depending on the consultant’s experience.
The selected contractor(s) is expected to provide assistance to the Department and participate in a contested administrative proceeding before the PSB, which has ultimate authority over approval of the proposed transaction. The selected contractor’s preparation for and participation in the PSB proceeding is expected to include preparing discovery questions and responses, drafting prefiled testimony to be submitted to the PSB, and offering live testimony to the PSB.
Proposals are due by 4:30 p.m., Wednesday, February 24, 2017. There is no guarantee, express or implied, regarding the Department’s future needs. The Department retains the discretion to hire alternative or additional consultants during the contract period. The Department anticipates that the contract period will last for a period of up to two (2) years, with the possibility for renewal. The Department, however, anticipates that the majority of the work associated with this RFP will be completed within one (1) year of selection of a contractor(s). One (1) original signed hard copy, three (3) additional hard copies, and an electronic copy of the proposal must be delivered to the Department. Proposals and questions can be submitted to:
Vermont Department of Public Service
112 State Street
Montpelier, VT 05620-2601
Phone: (802) 828-3785