VI CFT Questions & Answers By Number
| 1. | Access to VI CFT and EPA |
| 2. | Date of Pre-Qualification Workshop |
| 3. | Role of Independent Reviewer and Bidder Access to Independent Reviewer |
| 4. | VIGP Election and Bidder Disqualification |
| 5. | Purpose of Bidder Registration Fee |
| 6. | Partnership in Bidder Registration |
| 7. | Eligibility of Small Projects |
| 8. | Date of Pre-Qualification Workshop |
| 9. | Purpose of Bidder Registration Fee |
| 10. | Payment of Bidder Registration Fee |
| 11. | Payment of Bidder Registration Fee |
| 12. | Location and time of Pre-Qualification Workshop |
| 13. | Purpose of VI CFT and BC Hydro's Role in VI CFT |
| 14. | Eligibility of a Hydro Project in the VI CFT |
| 15. | Monitoring VI CFT Process |
| 16. | Arrangements for VIGP Site Visits |
| 17. | Definition of Eligible Energy |
| 18. | VIGP Site Elevation |
| 19. | Allowable Number of Attendees for Pre-Qualification Workshop |
| 20. | Late Registrations |
| 21. | Financial Information for Pre-Qualification Submission |
| 22. | Definition of "Must-Run" Facility |
| 23. | Interconnection Cost Allocation |
| 24. | Communicating with Independent Reviewer |
| 25. | Bidder Providing Gas Transportation |
| 26. | Payment of Interconnection Studies |
| 27. | Network Upgrade Costs Provided to Bidders |
| 28. | Submission of Document Comment Forms |
| 29. | IR Review of BCTC Network Upgrade Costs |
| 30. | Eligibility of DSM or Load Curtailment Projects |
| 31. | Opportunities to Comment on EPA |
| 32. | Mandatory Criteria Evaluation Process |
| 33. | Involvement of Independent Reviewer in Pre-Qualification Process |
| 34. | Engineering, Procurement, Construction and Operation Agreements |
| 35. | Changes to Bidder and/or Project |
| 36. | Information Required for Special Purpose Entities |
| 37. | Upper Limit for Aggregate Capacity |
| 38. | Eligibility of Generation Projects not Located on Vancouver Island |
| 39. | Sales to Third Parties |
| 40. | Changes to CFT Schedule |
| 41. | Water as a Fuel |
| 42. | VIGP Option for BC Hydro |
| 43. | Are VIGP Permits Appealable? |
| 44. | VIGP Permits and Due Diligence |
| 45. | VIGP: First Nations Benefit Agreement |
| 46. | VIGP Site Due Diligence |
| 47. | Exclusion of Certain Assets in VIGP Asset Purchase |
| 48. | VIGP Project Site |
| 49. | VIGP Interconnection Study Requirements |
| 50. | VIGP Facilities Agreement and Interconnection Agreement |
| 51. | Contracting Out of Interconnection Contsruction Work |
| 52. | Interconnection Studies for Alternate Sized Projects |
| 53. | Interconnection Study Fee |
| 54. | Sharing Interconnection Study Costs |
| 55. | Timing of Pre-Qualification and Inteconnection Study Application |
| 56. | Bidder Input on Scope of Preliminary Interconnection Study |
| 57. | Provision of Security to Sellers by BC Hydro |
| 58. | Quarterly Demonstration Tests and De-Rating a Project |
| 59. | Tolling for Natural Gas Project |
| 60. | Switching from "Must-run" to Dispatchable Capacity |
| 61. | Relationship between Milestone Security and Guaranteed COD |
| 62. | Gas for Start-up and Testing of Gas-Fired Tolling Plants |
| 63. | Gas Pressure Quality for Gas-Fired Tolling Plant |
| 64. | BC Hydro Purchase of Excess Energy |
| 65. | Decline of the Operating Security During the EPA |
| 66. | Assessing the Heat Content of Gas |
| 67. | Natural Gas Indices for EPA Pricing |
| 68. | Quarterly Demonstration Tests |
| 69. | Release of Evaluation Spreadsheets |
| 70. | Application and Refund of Liquidated Damages |
| 71. | Off-Island Generation |
| 72. | Number of Starts per Year for a Must-Run Project |
| 73. | Normalising Net Portfolio NPVs |
| 74. | Release of Evaluation Spreadsheets |
| 75. | Value of Capacity in Peak Months |
| 76. | Discount Rate for NPV Calculation |
| 77. | Evaluation Methodology: Gas and Electricity Forecasts |
| 78. | Greehouse Gas Offsets and Green Credits |
| 79. | Gas Transportation and Commodity Costs for Non-Gas Fired Projects |
| 80. | Gas Delivery to Different Locations |
| 81. | Future Calls |
| 82. | Late Gas Delivery for Gas-Fired Tolling Plant |
| 83. | Sale of Pre-COD and Excess Electricity |
| 84. | Pricing for Duct Firing in Gas-Fired Tolling Plants |
| 85. | Off-Island Generation |
| 86. | Fast Tracking VIGP Permit |
| 87. | Payment for Pre-COD Electricity |
| 88. | Evaluation Methodology: Capacity and Energy |
| 89. | CFT Section 17.2 |
| 90. | Definition of Fuel |
| 91. | Value of Capacity for Off-Peak Hours on Vancouver Island |
| 92. | Access to VIGP Data Room for Non-VIGP Bidders |
| 93. | Changes to Pre-Qualified Project |
| 94. | Normalisation Over a 25-year Term |
| 95. | Gas Transportation Costs |
| 96. | Fuel Supply Certainty for Dependable Capacity |
| 97. | Q&As on VI CFT Website |
| 98. | Unavailable Service Providers |
| 99. | Provision for Comments on the EPA |
| 100. | Tender Security and Final Permits |
| 101. | Gas Tolling and GSX |
| 102. | Virtual VIGP Data Room |
| 103. | Deadline for VIGP Data Room and Site Visits |
| 104. | Definition of Force Majeure in the VIGP Assets Agreements and VI CFT EPA |
| 105. | List of VIGP Data Room Documents |
| 106. | Evaluation Methodology: Gas and Electricity Price Assumptions |
| 107. | Documentation Not in VIGP Data Room |
| 108. | "Regulatory Outs" |
| 109. | Credit Default by BC Hydro |
| 110. | EPA Divestature by BC Hydro |
| 111. | GSX Status |
| 112. | Transmission Capacity on Vancouver Island |
| 113. | Evaluation Methodology: COD Date and Term Assumptions |
| 114. | VIGP Permit Risk |
| 115. | Financial Statements for Pre-Qualification |
| 116. | Financial Capacity for Pre-Qualification |
| 117. | Curriculum Vitae References Required for Pre-Qualification |
| 118. | Treatment of VIGP Asset Price versus Salvage Value |
| 119. | VIGP Benchmark and Evaluation Process |
| 120. | Bidders Combining Their Projects |
| 121. | Non-Gas Fuel Risk |
| 122. | Annual Forecast of Capacity Needs |
| 123. | EPA Information Requirements |
| 124. | Advancement of Project's COD |
| 125. | Invoice Payment |
| 126. | Quarterly Capacity Tests |
| 127. | Price for Pre-COD Electricity and Provision for Gas for COD Testing |
| 128. | Foreign Exchange Rate Risk Over the EPA Term |
| 129. | Project Specific EPA Changes |
| 130. | Seasonal Pricing |
| 131. | Release of Evaluation Spreadsheets |
| 132. | Treatment of Greenhouse Gas Costs in Evaluation |
| 133. | BC Hydro Payment of LDs if Low Cost Portfolio Not Selected |
| 134. | Assignment of the EPA |
| 135. | Is the Evaluation Methodology Biased in Favour of VIGP? |
| 136. | Release of Evaluation Spreadsheets |
| 137. | Treatment of Energy in Evaluation Methodology |
| 138. | VIGP Asset Price and Salvage Value |
| 139. | Release of Evaluation Spreadsheets |
| 140. | Vancouver Island Dependable Capacity Requirements |
| 141. | Bidders Locating Facilities on BC Hydro's Lands |
| 142. | Responsibility for Future GHG Cost Mitigation |
| 143. | Carbon Tax Flow-Through to BC Hydro |
| 144. | Off-Site Emission Reduction Rights |
| 145. | Value of Transmission Deferral Credit |
| 146. | Duct Firing Pricing and Peaking Capability of Non-gas Fired Projects |
| 147. | Selling Additional Capacity to BC Hydro During the Term of the EPA |
| 148. | Provision of Pre-Qualification Workshop Transcript |
| 149. | Exchange Rate Used in VIGP Application to BCUC for a CPCN |
| 150. | Contacting BCUC Regulators |
| 151. | Pre-Qualification Proposals Involving a Proposed Partner |
| 152. | Necessary Supporting Documentation for Proposed Partnerships |
| 153. | Posting a Word Version of the EPA |
| 154. | Basis for VIGP Emissions Calculations |
| 155. | Executed VIGP Confidentiality and Restricted Use Agreement |
| 156. | Arranging VIGP Data Room Visits |
| 157. | Consequences for Not Meeting 97% Availability |
| 158. | Corporate Experience and Section 9.8 of the CFT |
| 159. | Formula Used to Adjust the Guaranteed Heat Rate (GHR) |
| 160. | Engineering, Procurement, Construction and Operation Agreements |
| 161. | Installing the Evaluation Spreadsheet for Multiple Users |
| 162. | BC Hydro Senior Executive Responsible for the VI CFT |
| 163. | BCUC Commissioner Responsible for Reviewing VI CFT |
| 164. | Performance Parameters of the VIGP Plant |
| 165. | Evaluation Methodology: Different VIGP Configurations |
| 166. | Basis for VIGP Summer Fired Heat Rate |
| 167. | Monthly Availability Calculations |
| 168. | Use of the Transmission Deferral Credit in Evaluation Model |
| 169. | Comparing Net Tender Cost to Original VIGP/GSX Option |
| 170. | Error in Evaluation Manual for "Must-Run" Description |
| 171. | Weighted Average of Baseload Heat Rate and Minimum Turndown Heat Rate |
| 172. | Maximum Number of Starts per Year to Determine Must-Run Projects |
| 173. | Gas Transportation Adder for Gas-Fired Projects |
| 174. | List of Permits Required for VIGP Project |
| 175. | Status of all VIGP Permits |
| 176. | Expected Issuance Dates for VIGP Permits |
| 177. | Comparing Net Tender Cost to Original VIGP/GSX Option |
| 178. | Dispatch Worksheet Logic |
| 179. | Pre-Qualification Proposals Involving a Proposed Partner |
| 180. | Communication to Registered Bidders |
| 181. | Ability to Curtail Output from April through September of Each Year |
| 182. | Ability to Curtail Output from April through September of Each Year |
| 183. | Inclusion of Interconnection Facilities in VIGP Permitting Process |
| 184. | BC Hydro Building VIGP |
| 185. | Consumer Price Index (CPI) Used to Convert to Nominal |
| 186. | Tendering VIGP Plant Defined in Design Basis Memorandum (DBM) |
| 187. | Curtail Output for a 6 Month Period |
| 188. | Project Selection and BC Hydro Tax Exempt Status |
| 189. | BC Hydro Cost Assumptions for VIGP |
| 190. | Guaranteed Heat Rate (GHR) Formula to Reflect Actual Weather |
| 191. | Treatment of 150 MW "Short" Position |
| 192. | Pricing Forecasts to Accommodate Duct Firing |
| 193. | Discount Rate Used in Evaluation |
| 194. | Changing Pre-Qualified Bidder's Legal Structure |
| 195. | Qualifying as Peaking Facility |
| 196. | Application of Gas Fuel Compression Cost |
| 197. | Changes to VIGP Plant After Pre-Qualification |
| 198. | Addressee for Financial Statements |
| 199. | Completion of Section 3 of the Pre-Qualification Form |
| 200. | Locating Bidder Comments and/or BC Hydro Responses on the CFT Web page |
| 201. | Disclosure of Bidder's Projects |
| 202. | New Deadline for the Pre-Qualification Form |
| 203. | When will New Evaluation Spreadsheet be Available |
| 205. | BC Hydro Actions Following BCUC 23 January 2004 Letter |
| 206. | Load Reduction as Back-Up Energy Source |
| 207. | Calculation of NPV Using Five NPV Outputs for that Tender |
| 208. | Application of a "Gas Transport Adder" to 10-Year and 25-Year Term |
| 209. | Release of "Gas Transport Adders" |
| 210. | Release of Final "Gas Transport Adders" |
| 211. | Different Table of "Gas Transport Adders" for Dual-Fuel Projects |
| 212. | Acceptable Capacity for Duct-Firing |
| 213. | Expected Date for Release of Start Frequency Table |
| 214. | Duct-Firing Activity Must Meet Definition of "Dependable Capacity" |
| 215. | Definitions for Hydro and Wind Projects |
| 216. | VIEC Interconnection Application |
| 217. | Timeframe to Answer Questions |
| 218. | Inclusion of all Applicable Taxes, Wheeling and Duties in Analysis |
| 219. | Release of Evaluation Standards for Dual Fuel Capable Projects |
| 220. | Procedure for Quarterly Capacity and Heat Rate Levels Test for Duct Firing |
| 221. | Submitting a Tender with Generation at More than One Site |
| 222. | Installation of Spare Turbine and Back-Up Service for Other Suppliers |
| 223. | Output Requirements in Summer Months |
| 224. | Transmission System Upgrade for Capacity Projects North of Dunsmuir |
| 225. | Impact of Recent IPP Contracts on Available Transfer Capabilities on VI |
| 226. | Network Upgrade Costs for VIGP Interconnection Facilities Study |
| 227. | VIGP Curtailment: Network Upgrades and 1L112 |
| 228. | VIGP Single Circuit Connection |
| 229. | Compression of Transmission Construction Period for VIGP Interconnection |
| 230. | BCTC's Role in the Transmission Permitting Process |
| 231. | Timing of BCTC's Update on the VIGP Interconnection Study |
| 232. | Forced Outage Example |
| 233. | Independent Reviewer Concerns with CFT |
| 234. | Cost of Independent Reviewer |
| 235. | Impact of Statistical and Financial Measurements on Analysis |
| 236. | Purpose of Cell P58 "Gas Fuel Compression Cost" |
| 237. | Start-Up Costs when Dispatch MWH is Zero |
| 238. | Start-Up Costs for Dispatchable Hog Fuel-Fired Plant with Low Energy Charges |
| 239. | Issuance of Revised Portfolio and Tender Spreadsheets prior to 29 March 2004 |
| 240. | Definition of "Clean and New" |
| 241. | Mandatory 25 Year Term |
| 242. | Adjusting the Portfolio Size |
| 243. | Allowance for Transportation Fuel Gas |
| 244. | Least Cost Methodology and Portfolio Methodology in the CFT |
| 245. | Allocation of Costs if Buyer Declines Arbitrated Extension |
| 246. | Meaning and Implications of "Generation Capital Recovery" |
| 247. | Updated Requirements for Availability or Forced Outage Rates |
| 248. | Additional Workshops prior to Pre-Qualification Submissions |
| 249. | Compliance with Permits if VIGP Turbine Generators Not Inside a Building |
| 250. | Provide Drawings in Original Drawing Format |
| 251. | Fuel Supply Certainty and Guarantees for Wind |
| 252. | Consideration of Power Smart Savings in Interconnection Upgrades |
| 253. | Responsibility for Gas Pressure for Tolled Projects |
| 254. | Industrial Customer Upgrade Requirements |
| 255. | Detailed Technical and Performance Data for Fuji Turbine |
| 256. | Modifying Tender Spreadsheet and Definition 108 (b) of Appendix 1 of the EPA |
| 257. | Locating Fuji Purchase Contract on Data Room CD |
| 258. | Availability of Interconnection Study Submitted to BCTC |
| 259. | Black-lined VIGP Transfer Agreement |
| 260. | Amending Information in "Full Tolling Option Designation and Information Form" |
| 261. | Using "Gas-Fired Fuel Risk Allocation Election Form" for Separate Projects |
| 262. | Responsibility for Paying Network Upgrade Costs |
| 263. | Other Bidders Assuming a Pre-Qualified Bidders Project |
| 264. | Definition and Application of Force Majeure |
| 265. | Clarification on Charges Incurred by BC Hydro |
| 266. | Locating Index File for VIGP Data Room Disk 2 |
| 267. | Sumitomo Contract Guarantees |
| 268. | Timing for Release of VIGP Benchmark |
| 269. | Communications with BCUC |
| 270. | Documentation Provided on VIGP Data Room Disk 2 |
| 271. | Qualified Bidders Amalgamating Projects for Tender Submission |
| 272. | Price Premium for 25-Year Gas Price |
| 273. | BC Hydro's Use of VIGP Decision Gas Price Forecast |
| 274. | Resolving Different Gas Price Forecasts |
| 275. | Issuance of CFT Tender Guidelines |
| 276. | Geological Study of VIGP Site |
| 277. | Errors when Using PortfolioVI Model |
| 278. | Expediting Air Permit Issuance |
| 279. | Affiliation of Bidders with Respect to "No Collusion" |
| 280. | Deadline for Project-Specific Comments on the Final Form Agreements |
| 281. | Inability to View PDF Document |
| 282. | EIA Forecast in Terms of Sumas Index |
| 283. | Obligation of BC Hydro to Supply Start-Up Gas Upon Seller's Request |
| 284. | Extending Tender Submission Date |
| 285. | Fuji Steam Turbine Drawings in CADD Format |
| 286. | Higher Outputs from the Steam Turbine Generator |
| 287. | Providing the WMA Permit to Bidders |
| 288. | Treatment of Wastewater |
| 289. | Firm or Interruptible Transportation from Terasen |
| 290. | Permits to Allow Provision of Water |
| 291. | Request for Documents not Found in VIGP Data Room |
| 292. | Implications of the Gas Price Forecast in Tender Evaluation |
| 293. | Tender Spreadsheet: Units in Cell I37 |
| 294. | Correspondence between Bidders and P&T |
| 295. | Availability Calculation: Clarification of "Percentage Availability" |
| 296. | Availability Calculation: Article 3.6 |
| 297. | Demonstration of Plan Availability if BC Hydro Has Not Scheduled Energy |
| 298. | Reference to Section 5.2(e) in Appendix 5 |
| 299. | Gas Price Forecast and NYMEX Forward Curve |
| 300. | Power Smart Study of Mill Operations |
| 301. | Appendix 5 and Necessary Equipment Information |
| 302. | Requirement for Appendix 5 Pre-Tender |
| 303. | Tender Security for Tender With Multiple Projects |
| 304. | Tender Security for Multiple Tenders |
| 305. | Tender Security for Multiple, Mutually Exclusive Tenders |
| 306. | Bidder and Project Information To Submit at Tender |
| 307. | Pending Claims or Litigation Relative To VIGP |
| 308. | Quarterly Financial Statements Required as Part of Tender |
| 309. | Rights to a Site in Order to Pass Development Risk Assessment |
| 310. | Paying for Physical Interconnection to Terasen System |
| 311. | Providing Gas Transportation and Commodity before COD |
| 312. | Relief for Insufficient Delivery of Gas Pre-COD |
| 313. | Gas-Fired Tolling Project Passing Development Risk Assessment |
| 314. | Terasen Assurance of Capacity to Meet Pre-COD Commissioning and Testing |
| 315. | BC Hydro Guarantee of All Permits Required For VIGP |
| 316. | Arranging and Paying for Interconnection to BCTC Transmission System |
| 317. | Consequence of that Interconnection Being Delayed |
| 318. | Paying for “Preparatory Work” In BCTC’S Preliminary Study Report for VIGP |
| 319. | Arranging and Paying for Required Network Upgrades |
| 320. | Consequence of Network Upgrades Being Delayed |
| 321. | Provision of “Domestic Gas” for Gas-Fired Tolling Plants |
| 322. | Status Of GSX |
| 323. | Assessing Fuel Supply Certainty |
| 324. | Submitting a Bid that Includes Dual Fuel Capability |
| 325. | Types of Maintenance |
| 326. | Seller’s Failure to Meet Milestones |
| 327. | Operating and Maintenance Costs |
| 328. | Necessary Details Concerning VIGP Permits |
| 329. | GHG Offset Ownership Rights |
| 330. | Obligations Arising Under EA Certificate |
| 331. | First Nations Consultations |
| 332. | GHG Emissions Burdens and Benefits |
| 333. | Benefits Agreement and Further First Nations Consultation |
| 334. | Corrections/Refinements Required in Calculation of Amonthly |
| 335. | Paying for Demonstration Tests |
| 336. | Dispatchable/Non Peaking Capacity Plant in Both HLH And LLH |
| 337. | Correct Units in Reporting Interruptible Gas Transportation Cost |
| 338. | Overall Inclusive Cap on All Liabilities in Aggregate |
| 339. | Requirement to Replenish Security after Draw |
| 340. | Reduce LD Amounts |
| 341. | Reimbursement of Bidder Costs if BCUC "Approval" Not Obtained |
| 342. | Claim for Liquidated Amount is Disputed |
| 343. | Price Adjustment if Seller Becomes a Regulated Public Utility |
| 344. | Financial Responsibility for Emissions Liability |
| 345. | BC Hydro Commitments with Labour Unions or Associations |
| 346. | Material Changes in Respect to EA Certificate Condition 4 |
| 347. | Governmental Consent Required to Complete VTA |
| 348. | Termination of P&T Agreements in Accordance with their Terms |
| 349. | $14 Million Investment Commitment in EA Application |
| 350. | Demonstration Tests Costs Allocation Under EPA |
| 351. | Force Majeure and Reseting Demonstrated Capacity |
| 352. | Resetting Major Maintenance Interval |
| 353. | Termination Payment |
| 354. | Availability Calculation and Planned Outages |
| 355. | Availability Calculation: Definition of Term "N" |
| 356. | Availability Calculation: Applicability of Definition (b) for EAFj |
| 357. | Noise Specification in EAO |
| 358. | Who Pays for VIGP GHG Offsets |
| 359. | VIGP Benchmark Addendum |
| 360. | GHG Mitigation |
| 361. | VIGP Site Access Agreement for Geotechnical Testing |
| 362. | P&T Supply Agreements and Ownership of Water Equipment |
| 363. | Actual Exchange Rate Used in Gas Price Forecast |
| 364. | Gas Transportation Agreements to VIGP Tolling Projects |
| 365. | Level Playing Field Between Gas and Non-Gas Projects |
| 366. | Minimum Ambient Temperature for Fuji Steam Turbine |
| 367. | Public Availability of the VI Upgrade Plan |
| 368. | Treatment of GHG in the Evaluation Methodology |
| 369. | Potential Conflict with a Bidder's Financial Advisor |
| 370. | Redundant Information in Tender Forms |
| 371. | Completion of Start-Up |
| 372. | Units for Capital Costs |
| 373. | Notification of Passing Development Risk Assessment |
| 374. | Lower Capacity While Operating on Distillate |
| 375. | Temperature and Humidity Curves While Using Distillate |
| 376. | Change to Definition of EAF |
| 377. | Clarification on Payments for Physical Interconnection to Terasen System |
| 378. | Cut-Plane D Capacity Deficiency in 2007/08 Only |
| 379. | Discounting Cut-Plane Upgrade Costs to Match Portfolio Capacity |
| 380. | Consideration of Transmission Capacity Committed to Uncertain 2003 GPG Projects |
| 381. | Use of Generation Shedding to Avoid Cut-Plane Upgrades |
