S.L. 545.39 Art. 12Validity of bid price per kWh. 

(1) Each successful bidder in a competitive bidding process shall be issued with a letter of award as provided for in regulation 10.

(2) In order to secure the validity of the awarded bid price per kWh, a successful bidder shall, within the applicable time limit from the date of the letter of award referred to in sub-regulation (1), comply with the following obligations :

(a) fully commission the approved renewable energy PRODUCING ELECTRICITY FROM RENEWABLE ENERGY 545.39 SOURCES

installation in accordance with the terms of the competitive bidding process; and

(b) submit the necessary applications to the distribution system operator to connect the approved renewable energy installation to the distribution system.

(3) Deleted by Legal Notice 54 of 2025.

(4) Deleted by Legal Notice 54 of 2025.

(5) Failure to comply with the obligations established in sub-regulation (2) within the time limit established in sub-regulation (7) including where such failure results from a failure to obtain the necessary permits required as described in regulation 13, shall lead to the automatic withdrawal of the award, the termination of the contract and the forfeiture of the performance bond.

(6) A verified event of force majeure may be invoked by a successful bidder, in accordance with the related provisions included in the invitation for bids of the relative competitive bidding process, to request a suspension of the time periods established in sub-regulation (7), which request may be granted at the Contracting Authority’s discretion.

(7) The applicable time limits referred to in sub-regulation

(2) shall be as follows:

(a) for installations having a capacity less than one thousand kilowatts (1000 kW), the applicable time limit shall be twenty-four (24) months from the date of the letter of award; and

(b) for installations having a capacity of one thousand kilowatts (1000 kW) or larger, the applicable time limit shall be thirty-six (36) months from the date of the letter of award.