As part of the Portfolio Development process, CMPAS delivers competitive and diversified power contracts that bring price stability, supplies local demands and optimizes each utility’s existing resource mix. By banding together, CMPAS members belong to a “buyer’s club”, of sorts, that leverages their purchasing power and extends access to larger opportunities, giving them a seat at the table to participate in agency-sponsored projects.
Power Procurement Process
Identification of possible project opportunities
RFP bid solicitation
Due diligence performance- Examining and evaluating potential projects & Conducting financial analysis
Contract development and negotiation
Agency acquisition of interim and/or permanent financing