Specifications include, but are not limited to: The Town of Hooksett is seeking a proposal to include the following components: 1. The Town of Hooksett is seeking proposals to either purchase the solar panels outright or consider a lease to own option as offered by the Proposers (PPA). All submissions shall explicitly state a firm annual lease for the duration of the contract (minimum of 25 years) and a buy-out amount starting at the end of Year 5. If escalation clauses are to be included, the proposal shall include percentage increases for each year over the 25-year period. 2. The Proposer shall be responsible for system design and all permitting and requirements through NHDES (see Appendix C) and other regulatory agencies such 4 as NHPUC. Proposer will be responsible for completing the Eversource Interconnection Agreement and any other Eversource requirements to complete the project. Proposer will be responsible for working with the Town of Hooksett to coordinate terminating the contract with Constellation Energy Services, Inc. as appropriate. These costs shall be included in the Proposer’s price quote with any relevant assumptions, based on previous landfill projects that the Proposer has completed. 3. The Proposer shall provide a glare study that takes into consideration surrounding homes, roads, and highways. 4. The Proposer shall furnish surety (bond) for 100% value of the project cost if the project is an outright purchase. 5. The Proposer will not be responsible for building permit fees and property taxes if the proposal includes provisions for the Town to own the panels outright. If the proposal includes a lease provision, the Proposer should assume that it is their responsibility to pay annual tax payments for the duration of private ownership. If there is a future adoption of a Payment in Lieu of Taxes (PILOT) as permitted by New Hampshire RSA 72:74, the Town of Hooksett would seek a renegotiation of terms of the proposed contract. 6. In a lease scenario, the Proposer may apply for tax credits and other incentives as eligible. The Proposer may retain the credits/incentives as part of the overall financial proposal. For an outright purchase, the Town would capture those credits, if available to them (including all RECs). If the Town should purchase the system at a future date (e.g., at the end of Year 5) then the Town would receive all RECs following the purchase date. 7. The Proposer shall provide information on seasonal maintenance requirements, if town purchases outright or include a Maintenance Service agreement, in a lease scenario. 8. The Proposer shall provide insurance for the duration of the lease with the following minimum limits: Coverage must be written with an insurance carrier licensed to do business in the State of New Hampshire. The Town of Hooksett requires thirty (30) days written notice of cancellation or material change in coverage. The successful Proposer is responsible for filing updated Certificates of Insurance with the Town of Hooksett during the life of the contract.