Wellesley Civic Plus #239

Tax Advisory Services for Federal ITC Elective Pay for Wellesley Solar Projects

The Town of Wellesley, MA is seeking specialized tax advisory services to support federal Investment Tax Credit (ITC) elective pay filings for municipal solar projects. - Government Buyer: - Town of Wellesley, Massachusetts (local government) - Products/Services Requested: - Professional tax advisory services for Clean Electricity ITC (Section 48E) elective pay - Support includes pre-filing, filing, and receipt of elective pay for three solar PV systems - Guidance on eligibility, credit amount, and compliance with Inflation Reduction Act (IRA) requirements - Early engagement to inform design, procurement, contracting, and construction decisions - OEMs and Vendors: - No specific OEMs or vendors are named in the solicitation - Unique/Notable Requirements: - Expertise in federal clean energy tax credits for municipal solar projects - Advisory services must address IRA compliance and maximize credit eligibility - Locations: - Hardy Elementary School, Hunnewell Elementary School, and the Recycling and Disposal Facility Administrative Building in Wellesley, MA

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 of Wellesley property. The systems are planned for Hardy Elementary School, Hunnewell Elementary School, and the Recycling and Disposal Facility Administrative Building with installations planned between 2026 and 2027. The Town intends to engage a Tax Advisor early to inform design, procurement, contracting, and construction decisions affecting eligibility and compliance with IRA requirements.

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