Investor Presentaiton

Recommendation for open auction design II Auction design features Prequalification for Bidders Open for prequalified Bidders Explanation Prequalification requirements enable participation of serious Bidders / Investors, on the basis of developed project plan and obtained licenses, permits and concessions (to be defined in Rulebook on auctions) Only Bidders / Investors that pass prequalification process are invited to participate in auction Requested submission of bid bonds Bid bond is secured by Bidders with objective to prevent non-installation Bid subject to capacity cap Retention of bid bonds for penalization Lead time for finishing installation Medium size cap allows for sufficient number of winners (competition!) and making use of economies of scale (to be defined in that way, that a competitive bidding of min. 3 bidders will be possible according to a prior market evaluation) In case of non-installation or delay in installation, bind bond is retained. Bid bond amount should be in range 1.5-2% of average upfront investment cost calculated per kW It is recommended to be two years, from the end of auction. In case there are known grid connection problems and delays in licenses, this period should be extender for half a year Page 15 12 June 2019 | Reform of the Renewable Energy Support Scheme System in Bosnia and Herzegovina giz

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