Wellesley Civic Plus #234

Tax Advisory Services for ITC Elective Pay Filing for Solar PV Projects

The Town of Wellesley, Massachusetts is seeking professional tax advisory services to support its application for federal Investment Tax Credit (ITC) elective pay for three upcoming solar photovoltaic (PV) projects. - Government Buyer: - Town of Wellesley, Select Board (local government) - Services Requested: - Professional tax advisory services focused on the ITC elective pay mechanism (Section 48E) - Support includes pre-filing, filing, and receipt of elective pay for three solar PV systems - Advisory engagement will begin early to inform project design, procurement, contracting, and construction for eligibility and compliance - Guidance to maximize credit amount and ensure compliance with Inflation Reduction Act (IRA) requirements - Projects Covered: - Solar PV installations at Hardy Elementary School, Hunnewell Elementary School, and the Recycling and Disposal Facility Administrative Building - OEMs and Vendors: - No specific OEMs or vendors are named in the solicitation - Unique Requirements: - Advisor must be engaged early to influence project decisions and ensure eligibility for ITC elective pay - Expertise in federal tax credits for clean energy and IRA compliance is essential

Description

The Town of Wellesley, MA is seeking proposals from qualified firms or individuals to provide professional tax advisory services related to the federal Investment Tax Credit (ITC) elective pay mechanism. The project involves pre-filing, filing, and receiving elective pay for a Clean Electricity ITC (Section 48E) for three solar photovoltaic systems on town property. The advisory services will support the design, procurement, contracting, and construction decisions to ensure eligibility and compliance with IRA requirements. Proposals are due by April 14, 2026, at 3:00 p.m.

View original listing