Pennsylvania eMarketplace #DGS Master Installment Purchase Agreement 2026

Financing Services for Guaranteed Energy Savings Act (GESA) Projects – Master Installment Purchase Agreement

The Commonwealth of Pennsylvania Department of General Services (DGS) is seeking financial institutions to provide up to $130 million in tax-exempt lease financing for Guaranteed Energy Savings Act (GESA) projects across multiple state agencies. - Government Buyer: - Department of General Services (DGS), Office of Energy and Resource Management, Commonwealth of Pennsylvania - Scope of Solicitation: - Financing for energy conservation equipment and services under GESA projects - Master Installment Purchase Agreement (MIPA) with a 24-month base term, possible 12-month extension, and up to $130 million in total financing - Financing covers energy conservation measures (ECMs) implemented by GESA Contractors - Payments begin 12 months after project completion; individual project terms may extend up to 18 years - Services Requested: - Tax-exempt lease financing for ECMs - Escrow account management and credit review of funding agencies - Measurement and Verification (M&V) services for 3 years post-installation, with possible extension - Notable Requirements: - Fixed interest rates at schedule acceptance, held for 120 days from bid opening - Performance guarantees for energy savings - Compliance with all DGS bid submission and vendor registration requirements - No specific OEMs or equipment vendors are named, as the solicitation is strictly for financial and related services

Description

This Invitation for Bids (IFB) issued by the Commonwealth of Pennsylvania's Department of General Services (DGS) seeks competitive sealed bids from financial entities for financing multiple Guaranteed Energy Savings Act (GESA) projects. The financing term is for twenty-four months starting from the effective date or until $100,000,000 is financed, whichever occurs first. The Department may extend the term by twelve months or increase financing by $30,000,000 upon mutual agreement. Bidders must be registered with an active PA Vendor Number.

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