All applications are competitively bid. Contracts are awarded to lowest bidders, ranked by bid price. The Delaware Parts and Labor bonuses are not factored in when ranking the applications by bid price.
In the following scenario there is only room for two contracts, but three facilities have bid.
- Facility A bids $30/SREC without Delaware parts and labor.
- Facility B bids $42/SREC with Delaware labor, and without Delaware parts.
- Facility C bids $45/SREC without Delaware parts and labor.
Facility A is awarded a contract of $30/SREC and is paid $30/SREC during the bid price period of the contract. Facility B is awarded a contract of $42/SREC and is paid $46.20/SREC for the bid price period of the contract because it has a 10% Delaware Labor bonus. Facility C is not awarded a contract.
Please see our Procurements page for more information on the contract length, bid price period, and administratively set price period. These details differ between solicitations.
