Reglamento 8815

A joint regulation from the Puerto Rico Electric Power Authority and the Puerto Rico Energy Commission establishes the comprehensive framework for the procurement, evaluation, selection, negotiation, and award of contracts. Its primary purpose is to govern the purchase of energy and the modernization of Puerto Rico's generation fleet, operating under specific legal acts. The regulation details the creation and responsibilities of a Project Committee, which oversees the entire process from initial planning to contract finalization. It outlines the procedures for issuing Requests for Qualifications (RFQs) and Requests for Proposals (RFPs), including content requirements, proponent qualification, and meticulous proposal submission guidelines. A rigorous evaluation and selection process is defined, addressing criteria for proposals, potential disqualifying events, and financial due diligence to ensure transparency and fairness. The document also specifies the steps for contract award, including necessary approvals, report preparation, and contract execution. Provisions for reconsideration, judicial review, and the Energy Commission's approval of contracts under the Public Private Partnership Authority are included. The regulation also addresses miscellaneous aspects such as confidentiality and its effective date.