NIKKI ZANCHETTA
PLANNER
Nikki Zanchetta is a Planner with Mintier Harnish. She specializes in housing policy and planning, community development, community engagement, public policy, regional planning, and land use planning. Prior to working for Mintier Harnish, Nikki was a Regional Planner for the San Diego Association of Governments (SANDAG) where she worked on the 2021 San Diego Regional Plan and standing up the Housing Acceleration Program developed using Regional Early Action Planning (REAP) Grant funding from the state.
Her experience includes Sustainable Communites Strategies, interpreting housing policy and law, drafting housing and land use documents, community engagement, and creating regional programs to accelerate the production of affordable housing. Nikki has a strong background in writing both technical and public facing planning documents and emphasizes writing styles that allow complicated planning concepts to be easily understandable by various audiences.
As a regional planner at SANDAG she was the lead drafter of the Housing Acceleration Program Strategy for the San Diego region, various sections of the 2021 Regional Plan, and public comment responses regarding the Regional Plan.
Nikki is an advocate of place-based planning strategies and building walkable, bikeable, and sustainable communities. She believes that communities can implement higher density housing to meet housing needs while maintaining unique community character.
Nikki holds a Master’s degree in City Planning from San Diego State University where she served as the City Planning Student Association and was the recipient of the 2021 California Planning Foundation San Diego Section Scholarship, the 2021 WTS Paulette Duve Memorial Scholarship, and the 2020 San Diego APA Student Scholarship. Nikki also received a Bachelor’s Degree in Community & Regional Development and Minor in Professional Writing from UC Davis. [email protected]
EDUCATION
Master of City Planning
San Diego State University
Bachelor of Science in Community
& Regional Development
University of California, Davis
Minor in Professional Writing
University of California, Davis
AFFILIATIONS
American Planning Association,
Sacramento Valley Section
EXPERIENCE
Mintier Harnish
Planner
San Diego Association of
Governments (SANDAG)
Regional Planner
San Diego Association of
Governments (SANDAG)
Regional Planning Intern
PROJECTS
General Plan Update for Trinity County
Housing Elements for the Cities of Visalia,
St. Helena, and Lompoc
MICHAEL GIBBONS
PROJECT MANAGER
Michael Gibbons is a Project Manager at Mintier Harnish specializing in land use planning, regulatory compliance, crime prevention through environmental design (CPTED), urban design, and community outreach. He has prepared and managed a variety of projects throughout California, including general plans, zoning and development codes, housing elements, specific plans, and design guidelines.
Michael has a unique perspective having worked as planner in both the private and public sector, as well as serving as a police officer. Through this lens, Michael understands the innerworkings of local government and the important role that planning has in addressing the everchanging needs of communities. Michael’s work is driven by his hands on experience in all levels of land use planning and a passion for quality design and community engagement.
Prior to working at Mintier Harnish, Michael was an Assistant Planner for the City of Napa. As part of the Current Planning team, Michael facilitated the filing and processing of a range of projects, including multi-family housing, subdivisions, mixed-use developments, cannabis dispensers, and historic preservation projects.
Most notably, Michael assisted in the preparation and implementation of the City’s first accessory dwelling unit and cannabis ordinances. Additionally, he developed the City of Napa’s first development and impact fee assessment calculator.
During his tenure with the City of Napa, Michael decided to serve the community in a different capacity. Working in the community he served and lived in fueled his desire to transition into law enforcement, where he became a City of Napa Police Officer. Michael received his California POST Peace Officer Certification from the Napa Valley College Criminal Justice Training Center. Using his experience in planning and community engagement, Michael implemented a holistic approach to policing by working alongside community groups and other law enforcement agencies to address the needs of local concern (e.g., homelessness, addiction, mental health). Michael transitioned back into land use planning in 2019.
Michael’s prior experience includes working as a Community Development Intern for the City of Hollister and City of Gilroy. In these roles, Michael performed site and architectural review, processed use permits and variances, and assisted in preparing staff reports.
Michael graduated with honors from California Polytechnic State University (Cal Poly), San Luis Obispo, and holds a Bachelor’s Degree in City and Regional Planning. While at Cal Poly, Michael minored in both Real Estate Development and Sustainable Environments, and served two terms as the Associated Students in Planning (ASP) President. Michael also holds an Associate of Science in Mathematics with a concentration in Architecture from Cuesta College in San Luis Obispo.
[email protected]
EDUCATION
Bachelor of Science in City
and Regional Planning
Cal Poly, San Luis Obispo
Associate of Science in Mathematics
with a Concentration in Architecture
Cuesta College, San Luis Obispo
California Peace Officer
Standards and Training Certificate
Napa Valley Police Academy, Napa
AFFILIATIONS
American Planning Association,
Sacramento Valley Section
EXPERIENCE
Mintier Harnish
Associate, Planner, Intern
City of Napa
Police Officer
City of Napa
Assistant Planner
PROJECTS
General Plans for the Cities of American
Canyon, Bakersfield, Gilroy, Livingston,
Lompoc, Los Gatos, Pleasant Hill,
Rohnert Park, San Ramon, Solvang,
Susanville, Ukiah, Visalia, and the
Counties of Kern, Siskiyou, and Trinity
Zoning Ordinances/Codes for the Cities
of Folsom, Gilroy, Kerman, Pleasant
Hill, Reedley, Santa Clara, Selma,
Stockton, Town of Windsor, Visalia,
and the Counties of Calaveras, Madera,
Mariposa, Sierra, Siskiyou, and Trinity
Objective Design and Development
Standards for the Cities of Gilroy,
Santa Clara, Hayward, Kerman, Ukiah,
Town of Windsor, and Counties
of El Dorado, and Madera
Additional Projects:
SJV REAP Housing Study and Technical
Assistance Team, San Joaquin
A-4 A-5
MATTHEW JUMAMOY
PLANNER
Matthew is a Planner with Mintier Harnish. He specializes in updating housing elements and designing informative municipal websites. Matthew is an advocate for affordable housing with notable experience promoting Accessory Dwelling Unit expansion in the City of San Jose. Matthew believes in a holistic community-based approach to planning and enjoys working with and learning from community stakeholders of diverse backgrounds. Matthew graduated from Stanford University with a Bachelor of Arts in Urban Studies with a focus on Environmental Sustainability and has an interest in the interrelated nature of transit opportunity, wealth inequality, and environmental sustainability.
Matthew has contributed to the general plans for the cities of Ukiah, Rohnert Park, Millbrae, and American Canyon. He has also contributed significantly to the sixth cycle housing elements of Solvang, Pleasant Hill, and St. Helena. [email protected]
EDUCATION
Bachelor of Arts in Urban Studies
Stanford University
AFFILIATIONS
American Planning Association,
Sacramento Valley Section
EXPERIENCE
Mintier Harnish
Planner
Stanford University,
Department of Sociology
Undergraduate Research Assistant
PROJECTS
General Plans for the Cities of
Ukiah, Rohnert Park, Millbrae,
American Canyon, the Town of Los
Gatos, and the County of Trinity
6th Cycle Housing Elements for the Cities
of Pleasant Hill, Solvang, Lompoc, St.
Helena, and the County of Stanislaus
Zoning Ordinance Update
for the City of Reedley
Rincon Consultants, Inc.
Environmental Scientists · Planners · Engineers
EDUCATION
MESM, Bren School of
Environmental Science and
Management, University of
California, Santa Barbara
BA, Political Science, Cal PolySan Luis Obispo
CERTIFICATIONS/
REGISTRATIONS
American Planning Association
– AICP Certified (No. 02663)
Accredited Greenhouse Gas
Emissions Lead Verifier –
California Air Resources Board
YEARS OF
EXPERIENCE
17 Matt Maddox, AICP
Principal
Mr. Maddox serves as Principal within Rincon’s Environmental Planning and Sustainability Consulting Group and oversees Rincon’s Sacramento office. In this capacity, he is involved in a wide range of urban planning and land use studies, sustainable, resilient and adaptation policy development, air quality and greenhouse gas analysis, CEQA/NEPA environmental documentation, as well as community involvement and permitting activities. Mr. Maddox has a strong background in long range planning, policy, and environmental planning. He has contributed to successful environmental and planning projects ranging from general plans to focused inner city redevelopment studies, to climate action and adaptation plans and documentation for compliance with environmental regulations, to greenhouse gas emissions analysis for industrial facilities. Mr. Maddox has developed a focus in the area of urban planning, sustainable design and resiliency policy, and greenhouse gas analysis.
SELECT PROJECT EXPERIENCE
Regional Plans and Programmatic Environmental Review
Principal-in-Charge, City of Port Hueneme – General Plan Update and Environmental Impact Review, Port Hueneme
Principal-in-Charge, City of Novato – General Plan Technical Studies and Environment Impact Report, Novato
Principal-in-Charge, City of San Luis Obispo – CEQA Greenhouse Gas Thresholds/Guidance and Climate Action Plan/Greenhouse Gas Thresholds Initial Study-Negative Declaration, San Luis Obispo
Principal-in-Charge, County of Sonoma – Housing Element, Environmental Justice and Safety Element Update, Sonoma County
Project Manager, City of Avalon – Avalon 2030 General Plan and EIR, Avalon Project Manager, City of Calipatria – Calipatria 2035 General Plan, Calipatria Principal-in-Charge, County of Fresno – General Plan Update, Fresno County Principal-in-Charge, Mintier Harnish, Various Counties/Cities Principal-in-Charge, Mintier Harnish – Town of Windsor 2040 General Plan Update and Environmental Impact Report, Sonoma County
Principal-in-Charge, Mintier Harnish – General Plan Update and Environmental Impact Report, Union City
Principal-in-Charge, Mintier Harnish/City of Livingston – Livingston General Plan Update 2035 and EIR, Merced County
Principal-in-Charge, Mintier Harnish/Town of Los Gatos – Los Gatos General Plan Update EIR, Los Gatos
Principal-in-Charge, Mintier Harnish/City of Millbrae – Millbrae General Plan Update EIR, San Mateo County
Environmental Project Manager, Mintier Harnish/City of Lompoc – Lompoc Housing and Safety Element Update and CEQA, Santa Barbara County Environmental Project Manager, Mintier Harnish/City of Solvang – Solvang General Plan Update and EIR, Santa Barbara County
A-6 A-7
Rincon Consultants, Inc.
Environmental Scientists · Planners · Engineers
EDUCATION
MESM, Conservation Planning;
Bren School of Environmental
Science & Management,
University of California, Santa
Barbara
BA, Psychology; Brandeis
University
YEARS OF
EXPERIENCE
15 Chris Bersbach, MESM
Supervising Environmental Planner/Program Manager
Mr. Bersbach manages and prepares CEQA and NEPA documentation in the California central coast region and technical air quality, greenhouse gas emissions, and noise analyses for public agencies and private sector clients throughout California. He has 15 years of planning experience with an emphasis on environmental planning and technical environmental analysis. His experience includes a wide range of technical environmental and planning studies, including land and infrastructure development projects, urban redevelopment projects, general plans and specific plans, solar power facilities and other energy projects, waste and wastewater management facilities, and other long-range planning projects.
SELECT PROJECT EXPERIENCE
General, Specific, and Community Planning
Project Manager, City of Pismo Beach – Pismo Beach General Plan and Local Coastal Plan (GP/LCP) Update Program EIR, Pismo Beach
Project Manager, City of Morro Bay – Morro Bay General Plan and Local Coastal Program Update and EIR, Morro Bay
Project Manager, City of Paso Robles – Olsen-South Chandler Ranch Specific Plan EIR, Paso Robles
Project Manager, City of San Luis Obispo – San Luis Ranch Specific Plan Project EIR, San Luis Obispo
CEQA and NEPA Compliance
Project Manager, City of Morro Bay – Embarcadero Road Battery Electric Storage System Project EIR, Morro Bay
Project Manager, City of San Luis Obispo – 600 Tank Farm Road Mixed-Use Project & AASP Amendment EIR, San Luis Obispo
Project Manager, City of Goleta – Heritage Ridge Residential Project EIR, Goleta Project Manager, City of Arroyo Grande – Housing Authority of San Luis Obispo Oak Park Affordable Housing Project, Class 32 Categorical Exemption, Arroyo Grande
Project Manager, Cannon Engineering – Leanna Drive Creek Crossing Waterline Project IS-MND and Biological Permitting, City of Arroyo Grande Transportation Infrastructure
Project Manager, City of San Luis Obispo (subconsultant to GHD) – Prado RoadU.S. 101 Interchange Project; Caltrans PEAR, CEQA/NEPA Environmental Technical Studies, and IS-MND/EA, City of San Luis Obispo, CA
Project Manager, Santa Barbara County (subconsultant to TYLin) – San Ysidro Road/North Jameson Lane/U.S. 101 Roundabout Project; Caltrans NEPA Environmental Technical Studies and CEQA Analysis, Santa Barbara County Project Manager, County of San Luis Obispo (subconsultant to Wallace Group) – Avila Beach Drive/U.S. 101 Interchange Connection Visual Impact Assessment, San Luis Obispo County
Rincon Consultants, Inc.
Environmental Scientists · Planners · Engineers
EDUCATION
MESM, Bren School of
Environmental Science &
Management, University of
California, Santa Barbara
BS, Ecology, Evolution and
Behavior, University of
California, Los Angeles
INSTRUCTOR
ESM 275 Principles and
Practice of Environmental
Planning, Bren School of
Environmental Science &
Management, University of
California, Santa Barbara
Lexi Journey, MESM
Senior Environmental Planner/CAP Specialist
Lexi Journey is a Senior Environmental Planner with Rincon’s Environmental and Land Use Planning Group. Ms. Journey’s experience includes project management, planning policy analyses, technical analyses, and outreach for assignments such as General Plans, Community Plans, CAPs, and Local Coastal Plans as well as CEQA environmental assessments. She has managed various projects including the Port Hueneme General Plan Update, Avila Community Plan, Local Oxnard Coastal Plan Update, and the County of Santa Barbara Climate Action Plan. Her passions and specialties are climate vulnerability and adaptation, community engagement, and environmental justice. She uses her wide breadth of planning expertise to teach Principles and Practice of Environmental Planning at the Bren School of Environmental Science & Management during the fall quarter.
SELECT PROJECT EXPERIENCE
Climate Action Plans
Program Manager, Santa Barbara 2030 County Climate Action Plan and EIR, Santa Barbara County
Project Manager, City of Santa Barbara Climate Action Plan and IS-MND, Santa Barbara
Project Manager, City of Camarillo Climate Action Plan, Camarillo Project Manager, County of Merced Climate Action Plan, City of Merced Project Manager, City of South Pasadena Climate Action Plan, South Pasadena Project Manager, City of La Cañada Flintridge Climate Action Plan, La Cañada Flintridge
General, Local Coastal, Wildfire, and Community Plans
Project Manager, Avila Community Plan, County of San Luis Obispo Program Manager, Port Hueneme General Plan Update and Climate Action Plan and EIR, Port Hueneme
Project Manager, City of Rancho Mirage General Plan Update, Rancho Mirage Project Manager, City of Alhambra General Plan Update, Alhambra Project Manager, City of Ventura General Plan Update, Raimi and Associates Project Manager, City of Thousand Oaks General Plan Update, Raimi and Associates
Project Manager, City of Palmdale General Plan Update, Raimi and Associates Project Manager, City of Ojai General Plan Updates and EIR, Raimi and Associates
Project Manager, Garland Ranch Regional Park Fuel Mitigation and Fire Management Plan, Monterey Peninsula Regional Park District Project Manager, Peer Review of Ventura County Community Wildfire Protection Plan, Ventura Regional Fire Safe Council
Project Manager, City of Oxnard Local Coastal Program (LCP) Update, Oxnard A-8 A-9
Rincon Consultants, Inc.
Environmental Scientists · Planners · Engineers
EDUCATION
M.S., City and Regional
Planning, California Polytechnic
State University San Luis
Obispo, 2017
B.S., Field and Wildlife:
Biological Sciences, California
Polytechnic State University
San Luis Obispo, 2012
YEARS OF
EXPERIENCE
6 Ryan Russell, MCRP
Senior Planner/Project Manager
Ryan Russell is a Senior Planner within Rincon’s Environmental and Land Use Planning group. Ryan’s experience includes project management, environmental analysis, stakeholder and community outreach, planning and policy development for long range plans, entitlement processing, and public presentations. Ryan has experience with all aspects of the environmental review process including preparing CEQA documents such as Initial Studies, IS-MNDs, complex programmatic and project-level EIRs. Ryan has managed and supported environmental analysis of numerous longrange planning documents such as Port Hueneme General Plan and Housing Element and EIR, City of Lompoc Housing Element and associated CEQA analysis, and Paso Robles Olson South Chandler Ranch Specific Plan EIR. Ryan is knowledgeable in land use planning, Coastal Act, CEQA regulations, and municipal entitlement processing.
Between his project experience and technical expertise, Ryan is uniquely positioned to provide quality environmental review for complex, long-range planning projects.
SELECT PROJECT EXPERIENCE
Project Manager, City of Goleta – Goleta Train Depot Master Plan EIR, City of Goleta
Project Manager, City of West Hollywood – West Hollywood Housing Element Update and EIR, West Hollywood
Project Manager, City of Lompoc Housing Element Update and CEQA, Lompoc Project Manager, City of Lompoc – Organic Liberty and Mustang Cannabis ISMNDs Project Manager, City of St. Helena – Housing Element Update and CEQA, St.
Helena
Assistant Project Manager, City of Port Hueneme – Port Hueneme Housing Element and General Plan Update and EIR, Port Hueneme
Assistant Project Manager, City of Paso Robles – Olsen-South Chandler Ranch Specific Plan EIR, City of Paso Robles
Assistant Project Manager, City of Arroyo Grande – Housing Authority of San Luis Obispo Oak Park Affordable Housing Project, Class 32 Categorical Exemption, Arroyo Grande
Assistant Project Manager, City of San Luis Obispo – 600 Tank Farm, San Luis Obispo
Assistant Project Manager, City of Riverside, The Exchange EIR, Riverside Assistant Project Manager, City of Berkeley – 3100 San Pablo Avenue Office and R&D Project, Supplemental EIR, Berkeley, CA
Assistant Project Manager, Antelope Valley College Master Plan EIR, Lancaster Todd Tregenza, AICP
Senior Project Manager
Qualified: BS, Community and Regional Development, University of California, Davis, CA, 2007; AICP Certified Planner #29678
Connected: Young Professionals in Transportation Sacramento Chapter, CoFounder; American Planning Association Professional Summary: Todd Tregenza has 15 years of professional experience in various areas of transportation consulting with an emphasis on transportation planning projects. He has assisted dozens of agencies on short and long-range planning efforts, including the development of travel demand models, general plan circulation elements, specific plans and master plans, corridor studies, capital improvement programs, nexus and fee studies, transportation operational analysis, and impact analyses. His experience spans public and private sector work for a broad range of projects that require circulation, safety, and operational analysis from a transportation perspective. Todd also has extensive experience as an On-Call transportation planner for local agencies, assisting in the preparation of transportation studies and grant applications, performing peer reviews of impact studies, and developing CEQA impact analyses for development projects of all sizes.
Project Manager | Circulation Element, CIP, and
TIF Update | City of Arroyo Grande | Arroyo
Grande, CA | Managed preparation of adopted 2021
Arroyo Grande Circulation Element Update. Project
includes update of City’s Capital Improvement
Program and Transportation Impact Fee programs,
using a local area model developed and maintained
by GHD that has been updated to be consistent with
the most recent version of the SLOCOG regional
model. The City’s Transportation Impact Analysis
Guidelines were also updated to include VMT
policies and guidelines in compliance with SB 743.
Project Manager | US 101 Broadway Multimodal
Corridor Plan | Humboldt County Association of
Governments | Eureka, CA | Managed the
preparation of a multimodal corridor plan for US 101 in the City of Eureka, following the Caltrans Corridor
Planning Guidelines. The corridor suffers a lack of
multimodal accessibility, poor travel reliability, and
high rates of severe and fatal pedestrian and bicycle
collisions. The corridor plan proposes major
reconfiguration of the roadway including provision of
robust Class IV bikeways, transit prioritization through dedicated lanes and queue jump pockets, shortened
pedestrian crossings, and new couplets to redistribute
traffic. The study includes close coordination with City and Caltrans partners, and seeks to inform
competitive grant applications including Solutions for
Congested Corridors Program.
Project Manager | Circulation Element, CIP, and
TIF Update | City of Galt | Galt, CA | Managing
preparation of third consecutive update to the City’s
AB 1600 TIF and nexus study, concurrent with a
focused updated to the City’s Circulation Element.
Led update to capacity needs assessment based on
full buildout of the City’s General Plan with an updated 2020 travel demand model. As part of this contract,
also developed low-VMT screening maps and SB 743
policies to guide the City’s development review.
Project Manager | Imola Corridor Complete
Streets Improvement Plan | Napa Valley
Transportation Authority | Napa, CA | Managed the
development of a 3.5-mile multimodal complete
streets plan for Imola Avenue in the City and County
of Napa. The plan primarily addressed safety
improvements for all road users and improved
pedestrian and bicyclist mobility. Coordinated plan
development with agency and community
stakeholders to ensure a community-driven process.
Improvements were prioritized and programmed
according to various measures of effectiveness,
including benefit-cost, constructability, and
environmental stewardship.
Project Manager | Comprehensive Development
Impact Fee Update | Economic & Planning
Systems | Benicia, CA | Managed the preparation of
transportation impact fee update for the City. Led
evaluation of various fee structures that could
address VMT, and defensible methodologies for
incorporating bicycle and pedestrian projects, without
using LOS, from the Solano Transportation Authority
regional ATP. Oversaw revisions to the Solano Napa
Activity-Based Model travel demand model to better
reflect anticipated land use growth.
Transportation Planner | General Plan Update |
City of Turlock | Turlock, CA | Responsible for
preparation of the Circulation Element update,
including policies and planned improvements.
Assisted in the preparation of the CEQA document
for the update, including all technical analysis for the transportation and alternatives sections of the EIR.
As part of the General Plan update, responsible for
development of new Travel Demand Model, updated
to current conditions, used to evaluate proposed land
use and circulation alternatives. Technical analysis
included various traditional and new performance
metrics such as vehicle-miles traveled, Vehicle
Hours Traveled, volume-to-capacity ratio, and delay.
A-10 A-11
Colin Burgett
Project Manager
Qualified: MCRP, City & Regional Planning, Cal Poly San Luis Obispo, 1998; BS, Political Science, University of Oregon, 1993.
Professional Summary: Colin has over two decades of professional experience with expertise in multimodal transportation and integrated transportation/land use planning.
He specializes in strategic planning for large-scale projects, including citywide transportation plans, large area plans, campus plans, bicycle and pedestrian master plans, EIR transportation studies, vehicle miles travelled (VMT) policy development and assessments, bus rapid transit (BRT) corridor studies, and transit station area plans.
Colin has extensive experience with projects that emphasize corridor revitalization, transit-oriented development, and complete streets planning. He manages projects that place a strong emphasis on facilitating the interactions between transportation systems, land use patterns and urban design components.
Project Manager | Redding 2045 General Plan
Transportation Element | City of Redding |
Redding, CA | Prepared a comprehensive update to
Redding’s Transportation Element incorporating
revisions to Redding’s planned complete streets
network and an emphasis on providing low-stress
bicycling and walking routes, and continuing the
trend of implementing “road diets” on arterials with
excess capacity.
Project Manager | Ukiah 2040 General Plan
Mobility Element | City of Ukiah | Ukiah, CA |
Prepared a comprehensive update to Ukiah’s
Circulation Element incorporating complete streets
components and recommended vehicle miles
traveled (VMT) methodology and performance
metrics.
Project Manager | American Canyon 2045
General Plan Circulation Element | City of
American Canyon | American Canyon, CA |
Updated American Canyon’s Circulation Element
incorporating complete streets components and
refined street improvement plans.
Project Manager | Seaside 2040 General Plan
Mobility Element | City of Seaside | Seaside, CA |
Prepared a Mobility Element incorporating complete
streets components, revisions to citywide bikeway
network, identification of pedestrian priority focus
areas, and related land use and mobility projects.
The bikeway network component included a
comprehensive revision to the City’s planned
bikeway network to include bicycle boulevard
corridors and protected bike lanes. Facilitated public
workshops and advisory committee meetings.
Project Manager | Create Tiburon 2040 General
Plan Mobility Element | Town of Tiburon |
Tiburon, CA | Developed an updated Mobility
Element with an implementation-focus as part of a
comprehensive General Plan update. Facilitated
community input concerning transportation topics.
Project Manager | Brisbane Baylands Specific
Plan EIR | City of Brisbane | Brisbane, CA |
Developed transit-oriented development plan
alternatives for a large brownfield site, including a
former railyard and commuter rail station, adjacent to
the San Francisco Bay.
Project Manager | Development Parking Studies |
Town of Windsor | Windsor, CA | Project Manager
for parking studies conducted for the Bell Village,
Windsor Mill, Shiloh Mixed Use and Windsor Town
Green Hotel projects in the Town of Windsor.
Provided recommendations concerning shared
parking to increase the efficient supply of parking.
Task Leader | Downtown Development Cap
Study | City of Palo Alto | Palo Alto, CA |
Assessed parking supply/demand, parking
management, and traffic conditions, as part of a
larger effort to review developmental trends and
calculate potential developmental capacity in
Downtown Palo Alto.
Task Leader | Comprehensive Pedestrian &
Bicycle Plan | City of Belmont | Belmont, CA |
Prepared a citywide pedestrian and bicycle master
plan, and the first such plan adopted by the City of
Belmont. Developed citywide bikeway network and
pedestrian priority improvement recommendations.
Worked with team on cost estimates. Worked closely
with City staff and technical advisory committee and
led walking tour. Prepared strategic implementation
plan and CIP list with recommended phasing.
Project Manager | Active Transportation Plan |
City of Scotts Valley | Scotts Valley, CA |
Developed bicycle and pedestrian improvement
options and concept designs as a subconsultant to
Ecology Action. Conducted community outreach,
facilitated workshop discussions to gather input on
key needs, and presented improvement options to
community members.
Project Manager | Active Transportation Plan |
City of Patterson | Patterson, CA | Managed
initiation of a citywide Active Transportation Plan
(ATP) that focuses on non-motorized forms of travel,
identifies challenges to the current non-motorized
network, proposes solutions and identifies potential
funding sources. Oversaw development of a project
website to facilitate community outreach and led
discussions with the citizens’ advisory committee.
Rosanna Southern, EIT
Transportation Planner
Qualified: BS, Civil, Environmental and Infrastructure Engineering, George Mason University, Fairfax, VA, 2012; Engineer-in-Training, VA #420063509 Connections: Young Professionals in Transportation, Sacramento Chapter; Women in Transportation Seminar, Sacramento Chapter
Professional Summary: Rosanna Southern is a transportation engineer with 10 years of experience who specializes in traffic engineering and transportation planning, assisting dozens of agencies on short and long-range planning efforts, including the development of travel demand models, general plan circulation elements, traffic impact fee studies, corridor studies, and complete street plans.
Rosanna provides multi-modal operational analysis and traffic impact studies for a variety of projects aimed at analyzing traffic operations. The support she provides includes utilizing various software, such as VISSIM, Synchro, SimTraffic, Sidra, HCS, TransCAD, and Cube.
Transportation Planner | City of Pismo Beach
Circulation Element | City of Pismo Beach | Pismo
Beach, CA | Prepared an update to the City’s
General Plan Circulation Element consistent with
regional, statewide, and federal legislation -
specifically related to multimodal transportation.
Mapped existing multimodal conditions and proposed
circulation improvements in GIS format. Prepared the
Multimodal Circulation Plan. Assisted the City to
develop active transportation goals and policies,
including citywide and downtown LOS policies.
Transportation Planner | McSwain Community
Transportation Circulation Study and Traffic
Impact Fee Update | Merced County | Merced,
CA | Prepared the circulation study, including a
Capital Improvement Program (CIP), Nexus, and fee
study. Created a nested community-level travel
demand model within the regional travel demand
model. Baseline socio-economic data was
aggregated at the parcel level using GIS data
obtained from the County in addition to field surveys
and observations. Utilized the model to forecast
General Plan buildout conditions, establish Nexus
and regional share, develop a CIP, and propose a
fee schedule. Prepared figures using GIS software.
Prepared reports and memorandums including
existing and forecasted intersection and roadway
traffic volumes, LOS analysis using Synchro
software, and documenting multi-modal facilities and
plans, the traffic impact fee Nexus and CIP.
Transportation Planner | Franklin-Beachwood
Transportation Circulation Study and Traffic
Impact Fee Update | Merced County | Merced,
CA | Prepared the circulation study, including a CIP,
Nexus, and fee study. Created a nested communitylevel travel demand model within the regional travel demand model. Baseline socio-economic data was
aggregated at the parcel level using GIS data
obtained from the County in addition to field surveys
and observations. Utilized the model to forecast
general plan buildout conditions, establish Nexus
and regional share, develop a CIP, and propose a
fee schedule. Prepared figures using GIS software.
Prepared reports and memorandums including
existing and forecasted intersection and roadway
traffic volumes, LOS analysis using Synchro
software, documenting multi-modal facilities and
plans, the traffic impact fee Nexus, and CIP.
Transportation Planner | Templeton Area Travel
Demand Model and Circulation Study Update |
County of San Luis Obispo | San Luis Obispo,
CA | Comprehensively updated Templeton
community travel demand model to current baseline
conditions. Baseline socio-economic data was
aggregated at the parcel level using GIS. TAZ
structure was comprehensively overhauled to
increase the resolution of the model and to be
consistent with the boundaries of the community’s
three distinct fee areas. Utilized the model to
forecast General Plan buildout conditions, establish
Nexus and regional share, developed a CIP, and
propose fee schedule.
Transportation Planner | Avila Circulation Study
and Traffic Impact Fee Update | San Luis Obispo
County | San Luis Obispo, CA | Prepared the
circulation study, including a CIP, Nexus, and Fee
Study. Created a new area-wide travel demand model
for the Avila Beach community. Baseline socioeconomic data was aggregated at the parcel level using GIS data obtained from the County in addition to
field surveys and observations. Utilized the regional
travel demand model to calibrate the XX and IX/XI trip
information for the base and forecast models. Utilized
the model to forecast General Plan buildout conditions, establish Nexus and regional share, develop a CIP,
and propose a fee schedule. Prepared figures using
GIS software. Prepared reports and memorandums
including existing and forecasted intersection and
roadway traffic volumes, LOS analysis using Synchro
software, documenting multi-modal facilities and plans, the traffic impact fee Nexus, and CIP.
A-12 A-13
TNDG – Roger A. Dale, Managing Principal
Education: MA, Resource and Environmental Economics, UC Riverside BA, Economics, Claremont McKenna College
Mr. Dale has been affiliated with TNDG for 34 years (since 1988) and currently serves as the firm’s managing principal. His background encompasses the fields of real estate development, economic development, regional economic analysis, environmental and land use policy, financial forecasting, and renewable energy. His project experience with TNDG includes real estate market forecasting, pro forma financial analysis, demographic research and modeling, fiscal impact analysis, cost/benefit assessment, redevelopment/revitalization strategies, business retention/attraction, workforce development program assessments, and preparation of regional-scale economic development strategic plans. Selected project experience is listed below. Market study and Economic Development Element for City of San Ramon General Plan Update Fiscal impact modeling and land use forecasts for County of San Luis Obispo negation of citycounty tax sharing agreements Market and pro forma financial analysis for City of Calabasas General Plan update Market and fiscal impact analysis for City of Monterey Park General Plan update Market, fiscal impact, and pro forma financial analysis of City of Alhambra General Plan update Market and fiscal impact analysis for City of Costa Mesa General Plan update Market and pro forma financial analysis for Fullerton Downtown Core/Corridors Specific Plan Market study and development strategy for City of Santa Maria Downtown Specific Plan Demographic forecasting and economic analyses for Cambria Community Services District Retail market analysis and fiscal impact studies for proposed hotel and automobile dealership projects (City of San Luis Obispo)
Hotel market analysis for City of Port Hueneme General Plan Update Retail demand analysis for City of Carpenteria
Fiscal analysis for County of Ventura 2040 General Plan Land use and cost/benefit forecasts for City of Los Angeles General Plan Framework Study County of Ventura Economic Vitality Strategic Plan
City of Camarillo Economic Development Strategic Plan (including real estate market study) Market and fiscal impact studies for proposed reconfiguration of Camarillo Springs Golf Course Real estate market study (including hotel demand forecast) and pro forma financial analysis for Downtown Oxnard
Developer outreach and pro forma financial analysis for Garvey Avenue Specific Plan (City of Rosemead)
City of Beaumont Economic Development Strategic Plan
City of Menifee Comprehensive Economic Development Strategy City of Escondido Comprehensive Economic Development Strategy City of Palm Desert Economic Development Strategic Plan TNDG – Joseph E. McClure, Senior Associate
Education: MS, Urban Planning, University of Arizona
BS, Architecture, University of Cincinnati
Mr. McClure has served as principal or manager of land economics research and advisory-services organizations for over 35 years. Mr. McClure’s multidisciplinary background incorporates many phases of the community and real estate development process: economic analysis and strategy development, market and financial feasibility assessment, and planning and design. McClure completed additional post-graduate work in economic geography at UA. He is a registered architect in Arizona. Joe’s organizational affiliations include the Western Regional Science Association, the Urban Land Institute (ULI), and the Arizona Association for Economic Development (AAED). McClure helps coordinate the firm’s technical focus on regional/land economic services and creative activities within the firm that include promoting innovation in community development strategic planning and fiscal and economic impact assessments. McClure has served both private developers and public agencies at all levels of government, for projects in small and large cities, undeveloped and heavily developed regions, and regions with special demographic and cultural characteristics. Selected project experience is listed below.
Market study and Economic Development Element for City of San Ramon General Plan Update Fiscal impact modeling and land use forecasts for County of San Luis Obispo negation of citycounty tax sharing agreements Market and pro forma financial analysis for City of Calabasas General Plan update Market and pro forma financial analysis for Fullerton Downtown Core and Corridors Specific Plan
Market study and development strategy for City of Santa Maria Downtown Specific Plan Retail market analysis and fiscal impact studies for proposed hotel and automobile dealership projects (City of San Luis Obispo)
Fiscal analysis for County of Ventura 2040 General Plan Market, fiscal impact, and pro forma financial analysis of City of Alhambra General Plan update County of Ventura Economic Vitality Strategic Plan
City of Camarillo Economic Development Strategic Plan (including real estate market study) Market and fiscal impact studies for proposed reconfiguration of Camarillo Springs Golf Course City of Beaumont Economic Development Strategic Plan
City of Menifee Comprehensive Economic Development Strategy City of Escondido Comprehensive Economic Development Strategy City of Palm Desert Economic Development Strategic Plan An economic impact of bicycle tourism in Arizona (AZ Department of Transportation) Market assessment and benefits analysis for major tourist-oriented, destination retail centers, and estimates of tourist spending (in Phoenix, AZ and Sparks, NV) Metropolitan area siting and economic/fiscal impact study for major league sports facility (in metro Phoenix)
A-14 A-15
TNDG – Alan Levenson, Senior Associate
Education: MBA, University of California, Los Angeles
BA, Economics and Political Science, UC Riverside
Alan Levenson has been affiliated with TNDG for 22 years. His areas of expertise include economic development strategic planning, regional economic analysis, fiscal impact analysis, retail market evaluation, and real estate development feasibility assessment. He has completed over 80 economic impact studies as part of CEQA/NEPA processes, and has been involved in range of complex fiscal and economic impact studies for residential and mixed-use development projects. He has also been a principal participant in the preparation of a number of economic development strategic plans, many of which have featured tourism as a targeted economic activity. His MBA from UCLA included a concentration in real estate development and finance. Selected project experience is listed below. Market study and Economic Development Element for City of San Ramon General Plan Update Fiscal impact modeling and land use forecasts for County of San Luis Obispo negation of citycounty tax sharing agreements Market and pro forma financial analysis for Fullerton Downtown Core/Corridors Specific Plan Market study and development strategy for City of Santa Maria Downtown Specific Plan Retail market analysis and fiscal impact studies for proposed hotel and automobile dealership projects (City of San Luis Obispo)
Hotel market analysis for City of Port Hueneme General Plan Update Retail demand analysis for City of Carpenteria Fiscal analysis for County of Ventura 2040 General Plan Market and pro forma financial analysis for City of Calabasas General Plan update Market and fiscal impact analysis for City of Monterey Park General Plan update Market, fiscal impact, and pro forma financial analysis of City of Alhambra General Plan update Market and fiscal impact analysis for City of Costa Mesa General Plan update County of Ventura Economic Vitality Strategic Plan City of Camarillo Economic Development Strategic Plan (including real estate market study) Market and fiscal impact studies for proposed reconfiguration of Camarillo Springs Golf Course City of Beaumont Economic Development Strategic Plan City of Menifee Comprehensive Economic Development Strategy City of Escondido Comprehensive Economic Development Strategy City of Palm Desert Economic Development Strategic Plan Assessment of recreational and amenity benefits associated with County of Los Angeles watershed management programs
Simi Valley Restaurant Site Review (Rancho Simi Park and Recreation District) Economic Development Asset Assessment: comprehensive data-mapping documentation of public/private tourism assets for inventory, analysis, and visual mapping (Larimer County, CO) A-17
MINTIER HARNISH | PROPOSAL FOR SERVICES
A-16
ATTACHMENT 2
Attachment 2 is available as a link: February 14, 2023 Staff Report
65501.00001\41074044.1
Item 9.g.
MEMORANDUM
TO: City Council
FROM: Bill Robeson, Assistant City Manager/Public Works Director BY: Steve Kahn, Interim City Engineer
SUBJECT: Consider Adoption of a Resolution Terminating the Emergency Related to the FCFA Station 1 Emergency Generator Replacement Project, PW 2021-09 Pursuant to Public Contract Code Section 22050(c)(3)
DATE: March 28, 2023
SUMMARY OF ACTION:
Adoption of the Resolution by the required four-fifths vote will terminate the emergency action authorizing replacement of the emergency generator at the Five Cities Fire Authority (FCFA) Station 1 through the authority granted by Public Contract Code § 22050.
IMPACT ON FINANCIAL AND PERSONNEL RESOURCES:
There are no additional fiscal impacts from adoption of this Resolution. The FY 2021-22 and FY 2022-23 Capital Improvement Program (CIP) budgets included $680,018 ($46,780 General Fund, $318,738 Sales Tax Funds, and $314,500 of California Nuclear Power Preparedness (NPP) Program funding) for the subject project. The engineer’s construction cost estimate for the project is currently $646,453. FCFA staff will seek to secure the NPP funding upon completion of the construction documents and associated engineer’s construction cost estimate. It is anticipated that NPP funding will cover approximately 50% or $323,277. Staff time will be necessary to coordinate construction activities with the contractor and special inspectors.
RECOMMENDATION:
1) Receive and file an update of the emergency generator replacement project at the FCFA Station 1; 2) Adopt a Resolution determining that award/execution of a contract for the FCFA Station 1 emergency generator replacement project, PW 2021-09, has terminated the emergency action; and 3) Find that the termination of the emergency action and the update of the Emergency generator replacement project at FCFA Station 1 is categorically exempt from the California Environmental Quality Act (“CEQA”) under the Class 2 exemption, which applies to the replacement or reconstruction of existing
65501.00001\41074044.1
Item 9.g.
City Council
Consider Adoption of a Resolution Terminating the Emergency Related to the FCFA Station 1 Emergency Generator Replacement Project, PW 2021-09 Pursuant to Public Contract Code Section 22050(c)(3)
March 28, 2023
structures and facilities where the new structure will be located on the same site as the structure replaced and will have substantially the same purpose and capacity as the structure replaced, and where none of the exceptions to the exemption apply. (State CEQA Guidelines, § 15302.) Additionally, the action is exempt under pursuant to State CEQA Guidelines sections 15060(c)(2), 15061(b)(3), and 15378(b)(5).
BACKGROUND:
Public Contract Code (PCC) Section 22050 allows a public agency, in the case of an emergency, to repair or replace a public facility, take any immediate action required by that emergency, and procure the necessary equipment, services, and supplies for those purposes without going through a formal bid process. At its regular meeting on September 13, 2022, the City Council adopted Resolution No. 5219 declaring an emergency and authorizing the accelerated replacement of the emergency generator at the FCFA Station 1 by eliminating the formal bid process.
PCC Section 22050 requires that after proceeding with an emergency project, the City Council shall review the emergency action at its next regularly scheduled meeting and at every regularly scheduled meeting thereafter until the emergency action is terminated, and if it is determined that there is a need to continue the action, authorize continuation of the emergency action by a four-fifths vote. On September 27, October 11 and 25, November 22, December 13, 2022, January 10 and 24, February 14 and 28, and March 14, 2023 the Council adopted Resolution Nos 5225, 5231, 5239, 5243, 5250, 5253, 5262, 5266, 5271, and 5274 respectively, determining a need to continue work under emergency contracts to replace the emergency generator at the FCFA Station 1. Upon conclusion of the emergency action, the legislative body is to terminate the emergency action. (Public Contract Code § 22050(c)(3).)
On March 20, 2023 the City awarded the contract for the generator and other equipment to Electricraft, Inc. With an executed contract, the City is now awaiting delivery of the necessary supplies and to allow the contractor to move forward with installation, based on when those supplies can be obtained. Since there are no remaining contracts which the City must award in order to respond to the emergency necessitating the procurement of the generator and related equipment, the emergency can be terminated.
ANALYSIS OF ISSUES:
Since the March 14, 2023 City Council meeting, the status of the project is as follows:
Staff has awarded the bid on the Project to Electricraft, Inc. and the Project is starting. The first order of work on the Project is to order the generator and other long lead time equipment. When these are ordered the contractor will let us know the estimated delivery date, but the initial estimate is up to a year away. The next
65501.00001\41074044.1
Item 9.g.
City Council
Consider Adoption of a Resolution Terminating the Emergency Related to the FCFA Station 1 Emergency Generator Replacement Project, PW 2021-09 Pursuant to Public Contract Code Section 22050(c)(3)
March 28, 2023
step, after that, is to complete the site work at Fire Station #1 and then install the generator when it arrives.
Termination of the emergency action still allows Electricraft, Inc. to continue to operate pursuant to the terms of the executed contract.
ALTERNATIVES:
The following alternatives are provided for the Council’s consideration:
1. Receive and file an update of the emergency generator replacement project at the FCFA Station 1; and adopt the proposed Resolution finding that the emergency action for the replacement of the emergency generator in accordance with Public Contract Code Section 22050 can be terminated;
2. Provide other direction to staff.
ADVANTAGES:
Adoption of the Resolution will terminate the emergency action. The emergency action allowed for the accelerated replacement of the emergency generator at the FCFA Station 1 which will ensure power during the event of a power outage thereby providing rapid response time in the event of an emergency situation.
DISADVANTAGES:
No disadvantages are identified at this time.
ENVIRONMENTAL REVIEW:
The continuation of the emergency action and the update of the emergency generator replacement project at FCFA Station 1 is categorically exempt from the California Environmental Quality Act (“CEQA”) under the Class 2 exemption, which applies to the replacement or reconstruction of existing structures and facilities where the new structure will be located on the same site as the structure replaced and will have substantially the same purpose and capacity as the structure replaced, and where none of the exceptions to the exemption apply. (State CEQA Guidelines, § 15302.). Further, the Resolution is not subject to the California Environmental Quality Act (“CEQA”) pursuant to State CEQA Guidelines sections 15060(c)(2), 15061(b)(3), and 15378(b)(5). The activity is not subject to CEQA because it will not result in a direct or reasonably foreseeable physical change in the environment; and the activity is covered by the general rule that CEQA applies only to projects which have the potential for causing a significant effect on the environment.
Where it can be seen with certainty that there is no possibility that the activity may have a significant effect on the environment, the activity is not subject to CEQA. This action merely recognizes that the emergency action has terminated when the contract was awarded, and therefore has no potential to have any effect on the environment.
65501.00001\41074044.1
Item 9.g.
City Council
Consider Adoption of a Resolution Terminating the Emergency Related to the FCFA Station 1 Emergency Generator Replacement Project, PW 2021-09 Pursuant to Public Contract Code Section 22050(c)(3)
March 28, 2023
PUBLIC NOTIFICATION AND COMMENTS:
The Agenda was posted at City Hall and on the City’s website in accordance with Government Code Section 54954.2.
Attachment:
1. Proposed Resolution
2. Executed Contract with Electricraft, Inc.
65501.00001\41074062.1
ATTACHMENT 1
RESOLUTION NO.
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
ARROYO GRANDE DETERMINING THAT EXECUTION OF
A CONTRACT FOR THE FCFA STATION 1 EMERGENCY
GENERATOR REPLACEMENT PROJECT, PW 2021-09,
HAS TERMINATED THE EMERGENCY ACTION
WHEREAS, on September 13, 2022, pursuant to Public Contract Code (PCC) Section 22050, the City Council deemed it was is in the public interest to immediately authorize the expenditure of City funds needed to safeguard the health, safety and welfare and to proceed immediately with the replacement of the emergency generator at the Five Cities Fire Authority (FCFA) Station 1; and
WHEREAS, on September 13, 2022, the City Council deemed the immediate replacement of the emergency generator was necessary in order to protect the public health, safety and welfare and would not permit a delay resulting from a competitive solicitation for bids and that prompt action, including authorization to expend all funds required for such replacement without competitive bidding, was necessary to respond to the emergency; and
WHEREAS, on September 13, 2022, the City Council adopted Resolution No. 5219 declaring an emergency and authorizing the City Manager to enter into any contract or agreement in order to immediately replace the emergency generator; and WHEREAS, PCC Section 22050 requires that after proceeding with an emergency project, the City Council shall review the emergency action at its next regularly scheduled meeting and at every regularly scheduled meeting thereafter until the emergency action is terminated; and
WHEREAS, on September 27, 2022, the City Council adopted Resolution No. 5225 determining a need to continue work under emergency contracts to replace the emergency generator and has adopted a similar resolution at all subsequent regular City Council meetings; and
WHEREAS, on March 20, 2023 the City entered into a contract with Electricraft, Inc. to immediately replace the emergency generator, along with related equipment, and perform the generator installation; and
WHEREAS, execution of the contract was necessary to respond to the emergency, and there was substantial evidence in the record that the emergency action was necessary to prevent the inability to rapidly respond to emergencies during a power outage, meaning the circumstances of the emergency would not have permitted a delay resulting from a competitive solicitation of bids; and
65501.00001\41074062.1
RESOLUTION NO.
PAGE 2
WHEREAS, there are no additional contracts which the City must award in order to respond to the emergency, and the City waits for the generator and associated equipment to be delivered and installed; and
WHEREAS, if it is determined that execution of the contract for the emergency generator replacement at FCFA Station 1 terminated the emergency action, PCC Section 22050 requires a four-fifths vote to terminate the emergency action.
NOW THEREFORE, BE IT RESOLVED by the City Council of the City of Arroyo Grande that the emergency action declared by the City Council on September 13, 2022 regarding replacement of the generator at FCFA Station 1 shall be deemed to have terminated now that the City has executed a contract to procure the equipment for the emergency generator replacement.
BE IT FURTHER RESOLVED, that the recitals are incorporated herein.
BE IT FURTHER RESOLVED, the termination of the emergency action and the update of the emergency generator replacement project at FCFA Station 1 is categorically exempt from the California Environmental Quality Act (“CEQA”) under the Class 2 exemption, which applies to the replacement or reconstruction of existing structures and facilities where the new structure will be located on the same site as the structure replaced and will have substantially the same purpose and capacity as the structure replaced, and where none of the exceptions to the exemption apply. (State CEQA Guidelines, § 15302.) Further, the Resolution is not subject to the California Environmental Quality Act (“CEQA”) pursuant to State CEQA Guidelines sections 15060(c)(2), 15061(b)(3), and 15378(b)(5).
The activity is not subject to CEQA because it will not result in a direct or reasonably foreseeable physical change in the environment; and the activity is covered by the general rule that CEQA applies only to projects which have the potential for causing a significant effect on the environment. Where it can be seen with certainty that there is no possibility that the activity may have a significant effect on the environment, the activity is not subject to CEQA. This action merely recognizes that the emergency action has terminated when the contract was awarded, and therefore has no potential to have any effect on the environment.
On motion by Council Member _________, seconded by Council Member _______, and on the following roll call vote, to wit:
AYES:
NOES:
ABSENT:
The foregoing Resolution was passed and adopted this 28th day of March, 2023.
65501.00001\41074062.1
RESOLUTION NO.
PAGE 3
___________________________________
CAREN RAY RUSSOM, MAYOR
ATTEST:
___
JESSICA MATSON, CITY CLERK
APPROVED AS TO CONTENT:
_________________________________
WHITNEY MCDONALD, CITY MANAGER
APPROVED AS TO FORM:
___________________________________
ISAAC ROSEN, INTERIM CITY ATTORNEY
0 8EIVO=6V#EDNOIP4O>EDVE7
V
0
0
0
"0
"0
0
0
0!0
0
0
0 NEC6O>C6NV I676II65V =6I6>DV 2NV!<I66C6DOV EIV #EDOI24OVC256V 2D5V 6DO6I65V >DOEV O=>NV 52TV E7V +2I4=V V 3TV 2D5V 36OR66DV O=6V "0 0
"0
0 #0 CPD>4>G2BV 4EIGEI2O>EDV E7V O=6V 0O2O6V E7V #2B>7FID>2 V =6I6>D2;6IV 56N><D2O65V #>OTV G2KTV E7V O=6V 7>INOV G2IOV 2D5V
0 0 =6I6>D2;6IV
56N><D2O65V2NV#EDOI24OEIVG2IOTVE7VO=6VN64ED5VG2KV
!
0 1=2OVO=6VG2K>6NV=6I6OEV5EVCPOP2BBTV2<I66V2NV:BBERN
V
&%(/$*.0
!
1=6V #>OTV 5E6NV DEOV =2Q6V O=6V G6INEDD6BV 23B6V 2D5EIV 2Q2>B23B6V OEV G6I7EICV O=6V N6IQ>46N I6HP>I65VPD56IVO=>NV2<I66C6DO
"
1=6V #>OTV 56N>I6NVOEV4EDOI24OV EPOV:IV 4EDNPBO>D<VN6IQ>46NV 46IO2>DVGIE?64ONV I6B2O>D<V OEVO=6 4EDNOIP4O>EDVE7V2DV6C6I<6D4TV<6D6I2OEIVI6GB246C6DO
#
1=6V#EDOI24OEIVR2II2DONVOEVO=6V#>OTVO=2OV>OV=2NVO=6VHP2B>7>42O>EDNV6SG6I>6D46V2D5V724>B>O>6N OEVG6J7EICVGIEG6IBTV2D5VO>C6BTVO=6VN6IQ>46NVPD56IVO=>NV!<I66C6DO $ !OV>ONVI6<PB2IVC66O>D<VEDV06GO6C36IVVVO=6V#>OTV#EPD4>BV25EGO65V/6NEBPO>EDV,E
V 564B2I>D<V 2DV 6C6I<6D4TV 2D5V 2PO=EI>U>D<V O=6V 2446B6I2O65V I6GB246C6DOV E7V O=6 6C6I<6D4TV<6D6I2OEIV2OVO=6V&#&!V0O2O>EDVV3TV6B>C>D2O>D<VO=6V7EIC2BV3>5VGIE46NN %
-DV 06GO6C36IV V -4OE36IV V 2D5V V ,EQ6C36IV V 2D5V $646C36IV V V 2D5 *2DP2ITV V2D5VV V O=6V#>OTV#EPD4>BV25EGO65V/6NEBPO>EDV,ENV VV
V V V2D5V VI6NG64O>Q6BTV 56O6IC>D>D<V 2VD665VOEV 4EDO>DP6VREIAV PD56I 6C6I<6D4TV 4EDOI24ONV OEV I6GB246V O=6V 6C6I<6D4TV <6D6I2OEIV 2OV O=6V &#&!V 0O2O>EDV 4EDN>NO6DOVR>O=V.P3B>4V#EDOI24OV#E56V
& -DV *2DP2MV V V OREV 3>5NV R6I6V I646>Q65V EDV O=6V &#&!V 0O2O>EDV V %C6I<6D4T '6D6I2OEIV /6GB246C6DOV .IE@64OV .IE@64O
V 1=6V 3>5NV R6I6V 7IECV %B64OI>4I2;V )D4
V 7EI
V 2D5V 1=EC2V %B64OI>4V :IV
V 1=6I6V 2I6V NP9>4>6DOV 7PD5NV >DV O=6V .IE@64O
3P5<6OVOEVCEQ6V:L2I5VEDVO=6V.IE@64OVR>O=VO=6VBER6IV2GG2I6DOV3>556I ' 1=6V#>OTV6DO6INV>DOEVO=>NV!<I66C6DOV>DV4ECGB>2D46VR>O=V.P3B>4V#EDOI24OV#E56V ( 1=6V#>OTV56N>I6NV OEV 4EDOI24OVR>O=VO=6V#EDOI24OEIV OEVG6I7EICVO=6VN6IQ>46NV 2NV 56N4I>365 =6I6>D
00
%+,&0+'0!+-)0&EIV2D5V>DV4EDN>56I2O>EDVE7VO=6VG2TC6DONV2D5V2<I66C6DON 56N4I>365V =6I6>DV #EDOI24OEIV 2<I66NVOEV 7PID>N=V 2BBV C2O6I>2BN V 6HP>GC6DOV 2D5V B23EIV 2D5 .2<6VVE7VV
0
This page intentionally blank.
),9(&,7,(6),5($87+25,7<
(0(5*(1&<*(1(5$7255(3/$&(0(17352-(&7
6SHFLILFDWLRQ1R3:
$SSURYDO'DWH
6(37(0%(5
-HIIU\*RVDO
(QJLQHHURI5HFRUG6LJQDWXUH!! 6LJQDWXUH'DWH!! 5HFRPPHQGHGIRU$SSURYDO
&DSLWDO,PSURYHPHQW3URMHFW 0DQDJHU 'DWH
$SSURYHGIRU&RQVWUXFWLRQ
'LUHFWRURI3XEOLF:RUNV 'DWH
,16(57
67$03
(25
This page intentionally blank.
127,&(72%,''(56
L
%,'68%0,66,21
&,7<2)$552<2*5$1'(&$/,)251,$
6HDOHG ELGV ZLOO EH UHFHLYHG E\ WKH &LW\ RI $UUR\R *UDQGH DW WKH 3XEOLF :RUNV $GPLQLVWUDWLRQ2IILFHORFDWHGDW$VK6WUHHW$UUR\R*UDQGH&DOLIRUQLD XQWLO
SPRQ2FWREHU
DW ZKLFK WLPH WKH\ ZLOO EH SXEOLFO\ RSHQHG DQG UHDG DORXG 6XEPLW ELG LQ D VHDOHG HQYHORSHSODLQO\PDUNHG
),9(&,7,(6),5($87+25,7<
(0(5*(1&<*(1(5$7255(3/$&(0(17352-(&7
63(&,),&$7,21123:
$Q\ ELG UHFHLYHG DIWHU WKH WLPH DQG GDWH VSHFLILHG ZLOO QRW EH FRQVLGHUHG DQG ZLOO EH UHWXUQHGWRWKHELGGHUXQRSHQHG%LGVUHFHLYHGE\)D[RU(PDLOZLOOQRWEHFRQVLGHUHG %\VXEPLVVLRQRIELG\RXDJUHHWRFRPSO\ZLWKDOOLQVWUXFWLRQVDQGUHTXLUHPHQWVLQWKLV QRWLFHDQGWKHFRQWUDFWGRFXPHQWV
$OOELGVPXVWEHVXEPLWWHGRQWKH%LG,WHP/LVWIRUP
V
SURYLGHGDQGVXEPLWWHGZLWKDOO
RWKHU%LG)RUPVLQFOXGHGLQWKHVH6SHFLDO3URYLVLRQV
(DFKELGPXVWEHDFFRPSDQLHGE\HLWKHUD
FHUWLILHGFKHFN
FDVKLHU
VFKHFN
ELGGHU
VERQG
PDGHSD\DEOHWRWKH&LW\RI$UUR\R*UDQGHIRUDQDPRXQWHTXDOWRWHQSHUFHQWRIWKHELG DPRXQWDVDJXDUDQW\*XDUDQW\ZLOOEHIRUIHLWHGWRWKH&LW\$UUR\R*UDQGHLIWKHELGGHU WRZKRPWKHFRQWUDFWLVDZDUGHGIDLOVWRHQWHULQWRWKHFRQWUDFW 7KH&LW\RI$UUR\R*UDQGHUHVHUYHVWKHULJKWWRDFFHSWRUUHMHFWDQ\RUDOOELGVRUZDLYH DQ\LQIRUPDOLW\LQDELG
$OOELGVDUHWREHFRPSDUHGRQWKHEDVLVRIWKH3XEOLF:RUNV'LUHFWRU VHVWLPDWHRIWKH
TXDQWLWLHVRIZRUNWREHGRQHDVVKRZQRQWKH%LG,WHP/LVW %LGVZLOORQO\EHDFFHSWHGIURPELGGHUVWKDWDUHOLFHQVHGLQFRPSOLDQFHZLWKWKHSURYLVLRQV RI&KDSWHU
'LYLVLRQ,,,RI%XVLQHVVDQG3URIHVVLRQV&RGH
7KHDZDUGRIWKHFRQWUDFWLIDZDUGHGZLOOEHWRWKHORZHVWUHVSRQVLYHELGVXEPLWWHGE\D UHVSRQVLEOHFRQWUDFWRUZKRVHELGFRPSOLHVZLWKWKHUHTXLUHPHQWVSUHVFULEHGKHUHLQ,IWKH FRQWUDFW LV DZDUGHG WKH FRQWUDFW ZLOO EH DZDUGHG ZLWKLQ FDOHQGDU GD\V DIWHU WKH RSHQLQJRIWKHELGV
127,&(72%,''(56
LL
)DLOXUHWRUDLVHGHIHFWVLQWKHQRWLFHWRELGGHUVRUELGIRUPVSULRUWRELGRSHQLQJFRQVWLWXWH DZDLYHURIWKRVHGHIHFWV
%,''2&80(176
$FRS\RIWKHSODQVDQGVSHFLILFDWLRQVPD\EHGRZQORDGHGIUHHRIFKDUJHIURPWKH&LW\¶V ZHEVLWH DW
KWWS
ZZZDUUR\RJUDQGHRUJ%LGVDVS[ 3ODQV DQG VSHFLILFDWLRQV DUH DYDLODEOHIRUYLHZLQJDWWKHIROORZLQJSODQURRPV
&HQWUDO&DOLIRUQLD%XLOGHUV([FKDQJH
6DQWD0DULD9DOOH\&RQWUDFWRUV$VVRFLDWLRQ
&HQWUDO&RDVW%XLOGHUV$VVRFLDWLRQ
6DQ/XLV2ELVSR&RXQW\%XLOGHUV([FKDQJH
$SULQWHGFRS\RIWKHSODQVDQGVSHFLILFDWLRQVPD\EHREWDLQHGE\FRQWDFWLQJ
&ULVS,PDJLQJ
(DVW*UDQG$YHQXH
$UUR\R*UDQGH&$
IRUDQRQUHIXQGDEOHIHHRIWKHFRVWRIGXSOLFDWLRQ
6WDQGDUG6SHFLILFDWLRQVDQG(QJLQHHULQJ6WDQGDUGVUHIHUHQFHGLQWKH6SHFLDO3URYLVLRQV PD\ EH GRZQORDGHG IUHH RI FKDUJH IURP WKH &LW\¶V ZHEVLWH DW
KWWS
ZZZDUUR\RJUDQGHRUJ'RFXPHQW&HQWHU+RPH9LHZ $SULQWHGFRS\RIWKH6WDQGDUG6SHFLILFDWLRQVDQG(QJLQHHULQJ6WDQGDUGVPD\EH REWDLQHGE\FRQWDFWLQJ
&ULVS,PDJLQJ
(DVW*UDQG$YHQXH
$UUR\R*UDQGH&$
IRUDQRQUHIXQGDEOHIHHRIWKHFRVWRIGXSOLFDWLRQ
<RXDUHUHVSRQVLEOHWRREWDLQDOOLVVXHGDGGHQGDSULRUWRELGRSHQLQJ$GGHQGDZLOOEH DYDLODEOHWRGRZQORDGDWWKH&LW\¶VZHEVLWHOLVWHGDERYHRUDWWKHRIILFHRIWKH3XEOLF:RUNV 'LUHFWRU&RQWDFWWKH&DSLWDO,PSURYHPHQW3URMHFW0DQDJHU -LOO0F3HHNDW
RUWKH3XEOLF:RUNV'HSDUWPHQWDW
SULRUWRELGRSHQLQJWRYHULI\WKH
QXPEHURIDGGHQGDLVVXHG
<RXDUHUHVSRQVLEOHWRYHULI\\RXUFRQWDFWLQIRUPDWLRQLVFRUUHFWRQWKHSODQKROGHUVOLVW ORFDWHGRQWKH&LW\¶VZHEVLWHDW
KWWS
ZZZDUUR\RJUDQGHRUJ%LGVDVS[
352-(&7,1)250$7,21
,Q JHQHUDOWKH SURMHFW FRQVLVWV RI UHPRYLQJ H[LVWLQJ QRQZRUNLQJ GLHVHO JHQHUDWRU DQG LQVWDOO QHZ N: WLHU GLHVHO JHQHUDWRU ZLWK VXEEDVH IXHO WDQN DQG DVVRFLDWHG HTXLSPHQWWRVXSSRUWEXLOGLQJ
7KHSURMHFWHVWLPDWHGFRQVWUXFWLRQFRVWLV
127,&(72%,''(56
LLL
&RQWUDFWWLPHLVHVWDEOLVKHGDVZRUNLQJGD\V
35(9$,/,1*:$*(6
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
&RQWUDFWRU5HJLVWUDWLRQZLWK'HSDUWPHQWRI,QGXVWULDO5HODWLRQV ,Q DFFRUGDQFH ZLWK &DOLIRUQLD /DERU &RGH 6HFWLRQ &RQWUDFWRUV DQG 6XEFRQWUDFWRUV
DVGHILQHGE\&DOLIRUQLD/DERU&RGH6HFWLRQ
ELGGLQJRQ3XEOLF
:RUNV FRQWUDFWV LQ &DOLIRUQLD VKDOO EH UHJLVWHUHG ZLWK WKH 'HSDUWPHQW RI ,QGXVWULDO 5HODWLRQVSULRUWRELGGLQJ)DLOXUHWRSURYLGHSURRIRI&RQWUDFWRU¶VUHJLVWUDWLRQDVSDUWRI WKH%LGVKDOOGHHPWKH%LGDVQRQUHVSRQVLYHDQGZLOOWKHUHIRUHEHUHMHFWHGE\2ZQHU &RPSOLDQFH0RQLWRULQJDQG(QIRUFHPHQW
,Q DFFRUGDQFHZLWKWKH UHTXLUHPHQWVRI/DERU&RGH6HFWLRQ D
%LGGHUVDUH
KHUHE\QRWLILHGWKDWWKLVSURMHFWLVVXEMHFWWRFRPSOLDQFHPRQLWRULQJDQGHQIRUFHPHQWE\ WKH'HSDUWPHQWRI,QGXVWULDO5HODWLRQ
48$/,),&$7,216
,QDFFRUGDQFHZLWKWKHSURYLVLRQVRI&DOLIRUQLD3XEOLF&RQWUDFW&RGH6HFWLRQWKH &LW\KDVGHWHUPLQHGWKDWWKHFRQWUDFWRUVKDOOSRVVHVVDYDOLG&ODVV$%RU&OLFHQVH DWWKHWLPHRIELGLVVXDQFH)DLOXUHWRSRVVHVVWKHVSHFLILHGOLFHQVHVKDOOUHQGHUWKH%LG DV QRQUHVSRQVLYH DQG VKDOO DFW DV D EDU WR DZDUG RI WKH &RQWUDFW WR DQ\ ELGGHU QRW SRVVHVVLQJVDLGOLFHQVHDWWKHWLPHRIDZDUG,QWKHHYHQWRIGLVSXWHRYHUFODVVLILFDWLRQ RIWKHOLFHQVHUHTXLUHGWKHRSLQLRQRIWKH&RQWUDFWRU¶V6WDWH/LFHQVH%RDUGVKDOOSUHYDLO <RX PXVW KDYH H[SHULHQFH FRQVWUXFWLQJ SURMHFWV VLPLODU WR WKH ZRUN VSHFLILHG IRU WKLV SURMHFW 3URYLGH WKUHH VLPLODU UHIHUHQFH SURMHFWV FRPSOHWHG DV HLWKHU WKH SULPH RU VXEFRQWUDFWRU 2QH RI WKH WKUHH UHIHUHQFH SURMHFWV PXVW KDYH EHHQ FRPSOHWHG XQGHU FRQWUDFW ZLWK D &LW\ &RXQW\ 6WDWH RU )HGHUDO *RYHUQPHQW DJHQF\ DV WKH SULPH FRQWUDFWRU$OOUHIHUHQFHGSURMHFWVPXVWEHFRPSOHWHGZLWKLQWKHODVWILYH\HDUVIURPWKLV SURMHFW¶VELGRSHQLQJGDWH
$OOUHIHUHQFHGSURMHFWVPXVWEHIRUHPHUJHQF\JHQHUDWRUUHSODFHPHQW )DLOXUHWRSURYLGHUHIHUHQFHSURMHFWVDVVSHFLILHGLQWKLVVHFWLRQDQGDVUHTXLUHGRQWKH TXDOLILFDWLRQIRUPPD\EHFDXVHWRUHMHFWDELGDVEHLQJQRQUHVSRQVLYH
127,&(72%,''(56
LY
)DLOXUHWRSURYLGHUHIHUHQFHSURMHFWVDVVSHFLILHGLQWKLVVHFWLRQDQGDVUHTXLUHGRQWKH TXDOLILFDWLRQIRUPPD\EHFDXVHWRUHMHFWDELGDVEHLQJQRQUHVSRQVLYH ,WLVWKH&LW\RI$UUR\R*UDQGH¶VLQWHQWWRDZDUGWKHFRQWUDFWWRWKHORZHVWUHVSRQVLYHELG VXEPLWWHGE\DUHVSRQVLEOHELGGHU,ILQWKHELGGHU¶VRSLQLRQWKHFRQWUDFWKDVEHHQRUPD\ EHLPSURSHUO\DZDUGHGWKHELGGHUPD\SURWHVWWKHFRQWUDFWDZDUG 3URWHVWVPXVWEHILOHGQRODWHUWKDQILYHZRUNLQJGD\VDIWHUHLWKHU
ELGRSHQLQJGDWH
QRWLILFDWLRQRIUHMHFWHGELG
3URWHVWPXVWEHLQZULWLQJDQGUHFHLYHGE\WKHSURMHFWPDQDJHUORFDWHGDW
$VK6WUHHW
$UUR\R*UDQGH&$
9DOLGSURWHVWVPXVWFRQWDLQWKHIROORZLQJLQIRUPDWLRQ
WKHUHDVRQVIRUWKHSURWHVW
DQ\VXSSRUWLQJGRFXPHQWDWLRQ
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
3XUVXDQWWRWKH3XEOLF5HFRUGV$FW
*RYHUQPHQW&RGHHWVHT
WKH&LW\ZLOOPDNH
SXEOLFUHFRUGVDYDLODEOHXSRQUHTXHVW
$:$5'
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
127,&(72%,''(56
Y
'HSRVLWRI6HFXULWLHVLQ/LHXRI5HWDLQDJH
7KH &RQWUDFWRUPD\ HOHFW WR UHFHLYH SHUFHQW RI SD\PHQW GXHXQGHUWKH &RQWUDFW 'RFXPHQWVIURPWLPHWRWLPHZLWKRXWUHWHQWLRQRIDQ\SRUWLRQRIWKHSD\PHQWE\WKH&LW\ E\GHSRVLWLQJVHFXULWLHVRIHTXLYDOHQWYDOXHZLWKWKH&LW\LQDFFRUGDQFHZLWKWKHSURYLVLRQV RI6HFWLRQRIWKH&DOLIRUQLD3XEOLF&RQWUDFW&RGH6XFKVHFXULWLHVLIGHSRVLWHGE\ WKH&RQWUDFWRUVKDOOEHYDOXHGE\WKH&LW\ZKRVHGHFLVLRQRQYDOXDWLRQRIWKHVHFXULWLHV VKDOOEHILQDO6HFXULWLHVHOLJLEOHIRULQYHVWPHQWXQGHUWKLVSURYLVLRQVKDOOEHOLPLWHGWR WKRVHOLVWHGLQ6HFWLRQRIWKH&DOLIRUQLD*RYHUQPHQW&RGHRUEDQNRUVDYLQJVDQG ORDQFHUWLILFDWHVRIGHSRVLW
$JUHHPHQWWR$VVLJQ
,Q DFFRUGDQFHZLWK6HFWLRQ RIWKH&DOLIRUQLD*RYHUQPHQW &RGHWKH ELGGHU VKDOO FRQIRUPWRWKHIROORZLQJUHTXLUHPHQWV
,QVXEPLWWLQJDELGWRDSXEOLFSXUFKDVLQJERG\
WKHELGGHURIIHUVDQGDJUHHVWKDWLIWKHELGLVDFFHSWHGLWZLOODVVLJQWRWKHSXUFKDVLQJ ERG\DOOULJKWVWLWOHDQGLQWHUHVWLQDQGWRDOOFDXVHVRIDFWLRQLWPD\KDYHXQGHU6HFWLRQ RIWKH&OD\WRQ$FW86&RUXQGHUWKH&DUWZULJKW$FW&KDSWHU $&&2002'$7,21
,IDQ\DFFRPPRGDWLRQVDUHQHHGHGWRSDUWLFLSDWHLQWKHELGSURFHVVSOHDVHFRQWDFWWKH 3XEOLF :RUNV 'HSDUWPHQW DW
5HTXHVWV VKRXOG EH PDGH DV VRRQ DV
SRVVLEOHWRDOORZWLPHIRUDFFRPPRGDWLRQ
127,&(72%,''(56
YL
This page intentionally blank.
%,'%22.
$
$OOELGIRUPVPXVWEHFRPSOHWHGDQGVXEPLWWHGZLWK\RXUELG)DLOXUHWRVXEPLWWKHVH IRUPVDQGUHTXLUHGELGERQGZLOOEHFDXVHWRUHMHFWWKHELGDVQRQUHVSRQVLYH6WDSOHDOO ELGIRUPVWRJHWKHU
7+(81'(56,*1('DJUHHVWKDWWKH\KDYHFDUHIXOO\H[DPLQHG
WKHORFDWLRQRIWKHSURSRVHGZRUN
WKHSODQVDQGVSHFLILFDWLRQV
UHDGWKHDFFRPSDQ\LQJLQVWUXFWLRQVWRELGGHUV
DQ\VXSSOHPHQWDOSURMHFWLQIRUPDWLRQ
DQGSURSRVHWRIXUQLVKDOO
PDWHULDOV
ODERU
WRFRPSOHWHDOOWKHUHTXLUHGZRUNVDWLVIDFWRULO\LQFRPSOLDQFHZLWK SODQV
VSHFLILFDWLRQV
VSHFLDOSURYLVLRQV
IRUWKHSULFHVVHWIRUWKLQWKHELGLWHPOLVW
%,',7(0/,67)25
),9(&,7,(6),5($87+25,7<
(0(5*(1&<*(1(5$7255(3/$&(0(17352-(&7
63(&,),&$7,21123:
,WHP ,WHP 8QLWRI (VWLPDWHG ,WHP3ULFH 7RWDO
1R 'HVFULSWLRQ 0HDVXUH 4XDQWLW\
LQILJXUHV
LQILJXUHV
%,'
5(3/$&(0(17*(1(5$725 /6
%LG7RWDO
&RPSDQ\1DPH
7KH%LGGHUVKDOOEUHDNGRZQWKHOXPSVXPSULFHSHUWKHIROORZLQJ6FKHGXOHRI9DOXHV
3ULFHVOLVWHGEHORZVKDOOWRWDOWKHOXPSVXPSULFHDERYH 1HZJHQHUDWRUDQGVXEEDVHIXHOWDQN $760763DQHOV$SSOHWRQFRQQHFWRUV 1HZFRQGXLWVFRQGXFWRUVDVVRFLDWHGSXOOER[HV IRUSRZHUDQGORZYROWDJH &RQFUHWHSDGVIRUQHZHTXLSPHQW %ROODUGV±0DWHULDODQGLQVWDOODWLRQ $OOGHPROLWLRQLQFOXGLQJUHPRYDODQGGLVFDUGROG
JHQHUDWRU $OOSHUPLWV
%,'%22.
&
LIST OF SUBCONTRACTORS
3XUVXDQW WR 6HFWLRQ RI WKH 3XEOLF &RQWUDFWV &RGH DQG VHFWLRQ & RI WKH VWDQGDUGVSHFLILFDWLRQVWKH%LGGHULVUHTXLUHGWRIXUQLVKWKHIROORZLQJLQIRUPDWLRQIRUHDFK 6XEFRQWUDFWRUSHUIRUPLQJPRUHWKDQSHUFHQW
RIWKHWRWDOEDVHELG'RQRWOLVW
DOWHUQDWLYHVXEFRQWUDFWRUVIRUWKHVDPHZRUN6XEFRQWUDFWLQJPXVWQRWWRWDOPRUHWKDQ ILIW\ SHUFHQW
RI WKH VXEPLWWHG ELG H[FHSW DV DOORZHG LQ 6HFWLRQ $ RI WKH VWDQGDUGVSHFLILFDWLRQV
)RU6WUHHWV +LJKZD\VSURMHFWVVXEFRQWUDFWRUVSHUIRUPLQJOHVVWKDQWHQWKRXVDQGGROODUV
ZRUWKRIZRUNQHHGQRWEHPHQWLRQHG6XEFRQWUDFWRUVPXVWEHUHJLVWHUHGZLWK WKH'HSDUWPHQWRI,QGXVWULDO5HODWLRQVSXUVXDQWWR/DERU&RGHVHFWLRQWREHOLVWHG 127(
,IWKHUHDUHQRVXEFRQWUDFWRUVZULWH³121(´DQGVXEPLWZLWKELG 1DPH8QGHU:KLFK
6XEFRQWUDFWRULV/LFHQVHG
/LFHQVH1XPEHU
',51XPEHU
$GGUHVVDQG3KRQH
1XPEHURI2IILFH0LOORU
6KRS
6SHFLILF'HVFULSWLRQRI
6XEFRQWUDFW
RI
7RWDO
%DVH
%LG
$WWDFKDGGLWLRQDOVKHHWVDVQHHGHG
%,'%22.
'
NONCOLLUSION DECLARATION
,GHFODUHWKDW ,DPRI WKHSDUW\PDNLQJWKHIRUHJRLQJELGWKDWWKHELGLVQRWPDGHLQWKHLQWHUHVWRIRURQEHKDOI RI DQ\ XQGLVFORVHG SHUVRQ SDUWQHUVKLS FRPSDQ\ DVVRFLDWLRQ RUJDQL]DWLRQ RU
FRUSRUDWLRQ
WKDW WKH ELG LV JHQXLQH DQG QRW FROOXVLYH RU VKDP WKDW WKH ELGGHU KDV QRW
GLUHFWO\RULQGLUHFWO\LQGXFHGRUVROLFLWHGDQ\RWKHUELGGHUWRSXWLQDIDOVHRUVKDPELGDQG KDVQRWGLUHFWO\RULQGLUHFWO\FROOXGHGFRQVSLUHGFRQQLYHGRUDJUHHGZLWKDQ\ELGGHURU DQ\RQHHOVHWRSXWLQDVKDPELGRUWKDWDQ\RQHUHIUDLQHGIURPELGGLQJ WKDWWKHELGGHUKDV
QRW LQ DQ\ PDQQHU GLUHFWO\ RU LQGLUHFWO\ VRXJKW E\ DJUHHPHQW FRPPXQLFDWLRQ RU FRQIHUHQFHZLWKDQ\RQHWRIL[WKHELGSULFHRIWKHELGGHURUDQ\RWKHUELGGHURUWRIL[DQ\ RYHUKHDGSURILWRUFRVWHOHPHQWRIWKHELGSULFHRURIWKDWRIDQ\RWKHUELGGHURUWRVHFXUH DQ\DGYDQWDJHDJDLQVWWKHSXEOLFERG\DZDUGLQJWKHFRQWUDFWRIDQ\RQHLQWHUHVWHGLQWKH SURSRVHGFRQWUDFW
WKDWDOOVWDWHPHQWVFRQWDLQHGLQWKHELGDUHWUXH
DQGIXUWKHUWKDWWKH
ELGGHUKDVQRWGLUHFWO\RULQGLUHFWO\VXEPLWWHGKLVRUKHUELGSULFHRUDQ\EUHDNGRZQWKHUHRI RUWKHFRQWHQWVWKHUHRIRUGLYXOJHGLQIRUPDWLRQRUGDWDUHODWLYHWKHUHWRRUSDLGDQGZLOOQRW SD\ DQ\ IHH WR DQ\ FRUSRUDWLRQ SDUWQHUVKLS FRPSDQ\ DVVRFLDWLRQ RUJDQL]DWLRQ ELG GHSRVLWRU\RUWRDQ\PHPEHURUDJHQWWKHUHRIWRHIIHFWXDWHDFROOXVLYHRUVKDPELG ([HFXWHGRQ LQ ,GHFODUHXQGHUSHQDOW\RISHUMXU\XQGHUWKHODZVRIWKH6WDWHRI&DOLIRUQLDWKDWWKHIRUHJRLQJ LVWUXHDQGFRUUHFW
6LJQDWXUHDQG7LWOHRI'HFODUDQW
6($/
6XEVFULEHGDQGVZRUQWREHIRUHPH
WKLV GD\RI
1RWDU\3XEOLF
&RPSDQ\1DPH
%,'%22.
(
CERTIFICATE OF WORKERS' COMPENSATION INSURANCE
352-(&7
),9(&,7,(6),5($87+25,7<(0(5*(1&<*(1(5$725
5(3/$&(0(17352-(&73:
, WKH RI
1DPH
7LWOH
GHFODUHVWDWHDQGFHUWLI\WKDW
&RQWUDFWRU1DPH
,DPDZDUHWKDW&DOLIRUQLD/DERU&RGH
D
DQG
E
SURYLGHV
³(YHU\HPSOR\HUH[FHSWWKHVWDWHVKDOOVHFXUHWKHSD\PHQWRIFRPSHQVDWLRQLQRQHRU PRUHRIWKHIROORZLQJZD\V
D
%\EHLQJLQVXUHGDJDLQVWOLDELOLW\WRSD\FRPSHQVDWLRQLQRQHRUPRUHLQVXUHUVGXO\ DXWKRUL]HGWRZULWHFRPSHQVDWLRQLQVXUDQFHLQWKLVVWDWH
E
%\VHFXULQJIURPWKH'LUHFWRURI,QGXVWULDO5HODWLRQVDFHUWLILFDWHRIFRQVHQWWRVHOI LQVXUHHLWKHUDVDQLQGLYLGXDOHPSOR\HURURQHHPSOR\HULQDJURXSRIHPSOR\HUV ZKLFKPD\EHJLYHQXSRQIXUQLVKLQJSURRIVDWLVIDFWRU\WRWKH'LUHFWRURI,QGXVWULDO 5HODWLRQVRIDELOLW\WRVHOILQVXUHDQGWRSD\DQ\FRPSHQVDWLRQWKDWPD\EHFRPH GXHWRKLVRUKHUHPSOR\HHV´
,DPDZDUHWKDWWKHSURYLVLRQVRI&DOLIRUQLD/DERU&RGHUHTXLUHHYHU\HPSOR\HU WREHLQVXUHGDJDLQVWOLDELOLW\IRUZRUNHUV
FRPSHQVDWLRQRUWRXQGHUWDNHVHOILQVXUDQFH
LQDFFRUGDQFHZLWKWKHSURYLVLRQVRIWKDWFRGHDQG,ZLOOFRPSO\ZLWKVXFKSURYLVLRQV EHIRUHFRPPHQFLQJWKHSHUIRUPDQFHRIWKLV&RQWUDFW
&RQWUDFWRU1DPH
%\
6LJQDWXUH
7\SHGRU3ULQWHG1DPH
%,'%22.
)
Bidder Acknowledgements
%\ VLJQLQJ EHORZ WKH ELGGHU DFNQRZOHGJHV DQG FRQILUPV WKDW WKLV ELG LV EDVHG RQ WKH LQIRUPDWLRQ FRQWDLQHG LQWKH FRQWUDFW GRFXPHQWV LQFOXGLQJWKH QRWLFHWR ELGGHUV SODQV VSHFLILFDWLRQVVSHFLDOSURYLVLRQVDQGDGGHQGXPQXPEHU V
1RWH
<RXDUHUHVSRQVLEOHWRYHULI\WKHQXPEHURIDGGHQGDSULRUWRWKHELGRSHQLQJ
7KHXQGHUVLJQHGIXUWKHUDJUHHVWKDWLQFDVHRIGHIDXOWLQH[HFXWLQJWKHUHTXLUHGFRQWUDFW ZLWK QHFHVVDU\ ERQGV ZLWKLQ HLJKW GD\V
QRW LQFOXGLQJ 6DWXUGD\V 6XQGD\V DQG OHJDO
KROLGD\V
DIWHUKDYLQJUHFHLYHGDPDLOHGQRWLFHWKDWWKHFRQWUDFWLVUHDG\IRUVLJQDWXUHWKH SURFHHGVRIWKHFKHFNRUERQGDFFRPSDQ\LQJKLVELGZLOOEHFRPHWKHSURSHUW\RIWKH&LW\ RI$UUR\R*UDQGH
/LFHQVHGLQDFFRUGDQFHZLWKDQDFWSURYLGLQJIRUWKH UHJLVWUDWLRQRIFRQWUDFWRUV/LFHQVH 1R([SLUDWLRQ'DWH 7KH DERYH VWDWHPHQW LVPDGH XQGHU SHQDOW\RI SHUMXU\ DQG DQ\ ELG QRW FRQWDLQLQJWKLV LQIRUPDWLRQZLOOEHFRQVLGHUHGQRQUHVSRQVLYHDQGZLOOEHUHMHFWHG´E\WKH&LW\ 6LJQDWXUHRI%LGGHU
3ULQW1DPHDQG7LWOHRI%LGGHU
%XVLQHVV1DPH
'%$
2ZQHU/HJDO1DPH
,QGLFDWH2QH
6ROHSURSULHWRU
3DUWQHUVKLS
&RUSRUDWLRQ
/LVW3DUWQHUV&RUSRUDWH
2IILFHUV
1DPH7LWOH
1DPH7LWOH
1DPH7LWOH
1DPH7LWOH
%,'%22.
*
%XVLQHVV$GGUHVV
&LW\6WDWH=LS&RGH
0DLOLQJ$GGUHVV
&LW\6WDWH=LS&RGH
3KRQH1XPEHU
)D[1XPEHU
(PDLO$GGUHVV
',51XPEHU
'DWH
%,'%22.
+
Qualifications
)DLOXUHWRIXUQLVK FRPSOHWH UHIHUHQFH LQIRUPDWLRQ DV VSHFLILHG LQWKLV SURMHFW¶V 1RWLFHWR %LGGHUVLVFDXVHWRUHMHFWWKHELG
5HIHUHQFH1XPEHU
&XVWRPHU1DPH &RQWDFW,QGLYLGXDO
7HOHSKRQH )D[1XPEHU
6WUHHW$GGUHVV&LW\6WDWH=LS&RGH
,VWKLVVLPLODUWRWKHSURMHFWEHLQJELGRUGLG
WKLV SURMHFW LQFOXGH HPHUJHQF\ JHQHUDWRU
UHSODFHPHQWDFWLYLW\"
<HVƑ1RƑ
:DVWKLVFRQWUDFWIRUDSXEOLFDJHQF\"
<HVƑ1RƑ
'HVFULEHWKHVHUYLFHVSURYLGHGDQGKRZWKLVSURMHFWLVVLPLODUWRWKDWZKLFKLVEHLQJELG
3URMHFW1DPH
'DWHSURMHFWFRPSOHWHG
%,'%22.
,
5HIHUHQFH1XPEHU
&XVWRPHU1DPH &RQWDFW,QGLYLGXDO
7HOHSKRQH )D[1XPEHU
6WUHHW$GGUHVV&LW\6WDWH=LS&RGH
,VWKLVVLPLODUWRWKHSURMHFWEHLQJELGRUGLG
WKLV SURMHFW LQFOXGH HPHUJHQF\ JHQHUDWRU
UHSODFHPHQWDFWLYLW\"
<HVƑ1RƑ
:DVWKLVFRQWUDFWIRUDSXEOLFDJHQF\"
<HVƑ1RƑ
'HVFULEHWKHVHUYLFHVSURYLGHGDQGKRZWKLVSURMHFWLVVLPLODUWRWKDWZKLFKLVEHLQJELG
3URMHFW1DPH
'DWHSURMHFWFRPSOHWHG
%,'%22.
-
5HIHUHQFH1XPEHU
&XVWRPHU1DPH &RQWDFW,QGLYLGXDO
7HOHSKRQH )D[1XPEHU
6WUHHW$GGUHVV&LW\6WDWH=LS&RGH
,VWKLVVLPLODUWRWKHSURMHFWEHLQJELGRUGLG
WKLV SURMHFW LQFOXGH HPHUJHQF\ JHQHUDWRU
UHSODFHPHQWDFWLYLW\"
<HVƑ1RƑ
:DVWKLVFRQWUDFWIRUDSXEOLFDJHQF\"
<HVƑ1RƑ
'HVFULEHWKHVHUYLFHVSURYLGHGDQGKRZWKLVSURMHFWLVVLPLODUWRWKDWZKLFKLVEHLQJELG
3URMHFW1DPH
'DWHSURMHFWFRPSOHWHG
%,'%22.
.
ATTACH BIDDER'S BOND TO ACCOMPANY BID
.QRZDOOPHQE\WKHVHSUHVHQWV
7KDWZH $635,1&,3$/
DQG $6685(7<
DUHKHOGDQGILUPO\ERXQGXQWRWKH&LW\RI$UUR\R*UDQGHLQWKHVXPRI
'ROODUV
WR EH SDLG WR VDLG &LW\ RU LWV FHUWDLQ DWWRUQH\ LWV VXFFHVVRUVDQGDVVLJQV
IRUZKLFKSD\PHQWZHOODQGWUXO\WREHPDGHZHELQGRXUVHOYHV RXUKHLUVH[HFXWRUVDQGDGPLQLVWUDWRUVVXFFHVVRUVRUDVVLJQVMRLQWO\DQGVHYHUDOO\ILUPO\ E\WKHVHSUHVHQWV
7+(&21',7,212)7+,62%/,*$7,21,668&+WKDWLIWKHFHUWDLQELGRIWKH DERYHERXQGHQ
WRFRQVWUXFW
LQVHUWQDPHRIVWUHHWDQGOLPLWVWREHLPSURYHGRUSURMHFW
GDWHG LVDFFHSWHGE\WKH&LW\RI$UUR\R*UDQGHDQGLIWKH DERYHERXQGHQ KLVKHLUV
H[HFXWRUV DGPLQLVWUDWRUV VXFFHVVRUV DQG DVVLJQV VKDOO GXO\ HQWHU LQWR DQG H[HFXWH D FRQWUDFWIRUVXFKFRQVWUXFWLRQDQGVKDOOH[HFXWHDQGGHOLYHUWKHWZRERQGVGHVFULEHGZLWKLQ WHQ
GD\V
QRW LQFOXGLQJ 6DWXUGD\V 6XQGD\V RU OHJDO KROLGD\V DIWHU WKH DERYH
ERXQGHQ KDV UHFHLYHG
QRWLFHE\DQGIURPWKHVDLG&LW\RI$UUR\R*UDQGHWKDWVDLGFRQWUDFWLVUHDG\IRUH[HFXWLRQ WKHQWKLVREOLJDWLRQVKDOOEHFRPHQXOODQGYRLG
RWKHUZLVHLWVKDOOEHDQGUHPDLQLQIXOOIRUFH
DQGYLUWXH
,1:,71(66:+(5(2)ZHKHUHXQWRVHWRXUKDQGVDQGVHDOVWKLV GD\RI
%,'%22.
/
%LGGHU3ULQFLSDO
6LJQDWXUH 'DWH
3ULQWHG1DPH
7LWOH
6XUHW\
%\
%LGGHU
VVLJQDWXUHLVQRWUHTXLUHGWREHQRWDUL]HG6XUHW\
VVLJQDWXUHPXVWEHQRWDUL]HG
(TXLYDOHQWIRUPPD\EHVXEVWLWXWHG
%,'%22.
0
63(&,$/3529,6,216
25*$1,=$7,21
6SHFLDOSURYLVLRQVDUHXQGHUKHDGLQJVWKDWFRUUHVSRQGZLWKWKHPDLQVHFWLRQKHDGLQJRI WKH6WDQGDUG6SHFLILFDWLRQV(DFKVSHFLDOSURYLVLRQEHJLQVZLWKD UHYLVLRQFODXVHWKDW GHVFULEHVRULQWURGXFHVDUHYLVLRQWRWKH6WDQGDUG6SHFLILFDWLRQV$Q\SDUDJUDSKDGGHG RUGHOHWHGE\DUHYLVLRQFODXVHGRHVQRWFKDQJHWKHSDUDJUDSKQXPEHURIWKH6WDQGDUG 6SHFLILFDWLRQVIRUDQ\RWKHUUHIHUHQFHWRDSDUDJUDSKRIWKH6WDQGDUG6SHFLILFDWLRQV ',9,6,21,*(1(5$/3529,6,216
*(1(5$/
$GGWR6HFWLRQ*HQHUDO
7KHZRUNPXVWEH GRQH LQ FRPSOLDQFHZLWKWKH&LW\ RI$UUR\R*UDQGH'HSDUWPHQW RI 3XEOLF:RUNV
)LYH&LWLHV)LUH$XWKRULW\(PHUJHQF\*HQHUDWRU5HSODFHPHQW3URMHFW3:
6SHFLDO3URYLVLRQV
&LW\RI$UUR\R*UDQGH(QJLQHHULQJ6WDQGDUGVDQG6WDQGDUG6SHFLILFDWLRQV± HGLWLRQ
6WDWH RI &DOLIRUQLD 'HSDUWPHQW RI 7UDQVSRUWDWLRQ 6WDQGDUG 6SHFLILFDWLRQV DQG 6WDQGDUG3ODQV±HGLWLRQ
,QFDVHRIFRQIOLFWEHWZHHQGRFXPHQWVJRYHUQLQJUDQNLQJPXVWFRPSO\ZLWKVHFWLRQ RIWKH&LW\RI$UUR\R*UDQGH¶V6WDQGDUG6SHFLILFDWLRQV )DLOXUHWRFRPSO\ZLWKWKHSURYLVLRQVRIWKHVHVHFWLRQVLVDPDWHULDOEUHDFKRIFRQWUDFW
6HFWLRQVWKURXJKRIWKH6WDQGDUG6SHFLILFDWLRQV 6HFWLRQWKURXJKRIWKH6WDQGDUG6SHFLILFDWLRQV 6HFWLRQRIWKH6WDQGDUG6SHFLILFDWLRQV
6HFWLRQRIWKH6WDQGDUG6SHFLILFDWLRQV
DXWKRUL]HGZRUNLQJKRXUV
26+$FRPSOLDQFH
5HSODFH+ROLGD\LQ6HFWLRQ%*ORVVDU\ZLWK
+ROLGD\
+ROLGD\VKRZQLQWKHIROORZLQJWDEOHIRU
63(&,$/3529,6,216
+ROLGD\V
+ROLGD\ 'DWH2EVHUYHG
1HZ<HDU
V'D\ -DQXDU\UG
0DUWLQ/XWKHU.LQJ-U'D\ -DQXDU\WK
/LQFROQ¶V%LUWKGD\ )HEUXDU\WK
3UHVLGHQW¶V'D\ )HEUXDU\VW
0HPRULDO'D\ 0D\WK
,QGHSHQGHQFH'D\ -XO\WK
/DERU'D\ 6HSWHPEHUWK
9HWHUDQV'D\ 1RYHPEHUWK
7KDQNVJLYLQJ'D\ 1RYHPEHUWK
'D\)ROORZLQJ7KDQNVJLYLQJ 1RYHPEHUWK
'D\%HIRUH&KULVWPDV 'HFHPEHUUG
&KULVWPDV 'HFHPEHUWK
1HZ<HDU¶V(YH 'HFHPEHUWK
5HSODFH6HFWLRQZLWK
0,6&(//$1<
0DNHFKHFNVDQGERQGVSD\DEOHWRWKH&LW\RI$UUR\R*UDQGH 6&23(2):25.
$GGWR6HFWLRQ:RUN'HVFULSWLRQ
7KHZRUNVKRXOGEHLQFRPSOLDQFHZLWKWKH&LW\6WDQGDUGVDQGWKHVSHFLDOSURYLVLRQIRU JHQHUDOPDWHULDOFRQVWUXFWLRQDQGSD\PHQWVSHFLILFV7KHUHIHUHQFHWRVSHFLILFVHFWLRQV GRHV QRW UHOLHYH WKH &RQWUDFWRU IURP FRPSOLDQFH ZLWK 6WDWH DQG ORFDO VWDWXWHV &LW\ 6WDQGDUGVDQGWKH&RQWUDFW'RFXPHQWV
&21752/2):25.
$GGWR6HFWLRQ'1RQKLJKZD\)DFLOLWLHV
([LVWLQJWKLUGSDUW\
QRQ&LW\RZQHG
XWLOLWLHVDUHVKRZQRQSURMHFWSODQVIRULQIRUPDWLRQ
SXUSRVHVRQO\,WLV\RXUUHVSRQVLELOLW\WRFRQWDFW³8QGHUJURXQG6HUYLFH$OHUW86$´DQG KDYHVLWHPDUNHGSULRUWRVWDUWRIH[FDYDWLRQRUVDZFXWWLQJ7KH&LW\RI$UUR\R*UDQGHLV QRWUHVSRQVLEOHIRUDQ\
GDPDJHV
FRVWV
GHOD\
H[SHQVHV
UHVXOWLQJ IURP D WKLUG SDUW\ XQGHUJURXQG IDFLOLW\ RSHUDWRU¶V IDLOXUH WR FRPSO\ ZLWK VWLSXODWLRQVDVVHWIRUWKLQ
F
RI&DOLIRUQLD*RYHUQPHQW&RGH
$GGWR6HFWLRQ$3RWHQWLDO&ODLPVDQG'LVSXWH5HVROXWLRQ*HQHUDO 3RWHQWLDOFODLPIRUPVDUHORFDWHGRQWKH&DOWUDQV¶ZHEVLWH
KWWS
ZZZGRWFDJRYKTFRQVWUXFIRUPVKWP
63(&,$/3529,6,216
(IIHFWLYH-DQXDU\WKHSURYLVLRQVRI3XEOLF&RQWUDFW&RGH6HFWLRQ JRYHUQ
FODLPVE\WKH&RQWUDFWRUWRWKH&LW\
/(*$/5(/$7,216$1'5(63216,%,/,7<727+(38%/,&
'HOHWHIURPWKSDUDJUDSKRI6HFWLRQ3XEOLF&RQYHQLHQFH 'HOHWH³LQ$UUR\R*UDQGH´IURPWKHSKUDVH³2IWZRLQGLYLGXDOVLQ$UUR\R*UDQGH´ $GGWR6HFWLRQ%7UDIILF&RQWURO3ODQ
7UDIILFFRQWUROSODQVDUHQRWUHTXLUHGIRUWKLV:RUN
',9,6,21,,*(1(5$/&216758&7,21
:$7(532//87,21&21752/
$GGWRQGSDUDJUDSKLQ6HFWLRQ$6XPPDU\
$PLQRU:3&3SODQIRUPPD\EHREWDLQHGRQWKH&LW\¶VZHEVLWH
KWWSV
ZZZDUUR\RJUDQGHRUJ'RFXPHQW&HQWHU9LHZ:DWHU3ROOXWLRQ&RQWURO 3ODQIRU0LQRU3URMHFWV3')"ELG,G
63(&,$/3529,6,216
This page intentionally blank.
7(&+1,&$/3529,6,216
7KHIROORZLQJ7HFKQLFDO6SHFLILFDWLRQVDUHLQFOXGHGDVSDUWRIWKLV3URMHFW0DQXDO
6HFWLRQ 6HOHFWLYH'HPROLWLRQIRU(OHFWULFDO 6HFWLRQ (OHFWULFDO*HQHUDO3URYLVLRQV
6HFWLRQ %DVLF0DWHULDODQG0HWKRGV
6HFWLRQ *URXQGLQJDQG%RQGLQJIRU(OHFWULFDO6\VWHPV 6HFWLRQ 3DQHOERDUGV
6HFWLRQ (QFORVHG&LUFXLW%UHDNHUV
6HFWLRQ (QJLQH*HQHUDWRUV
6HFWLRQ 7UDQVIHU6ZLWFKHV
6(/(&7,9('(02/,7,21)25
(/(&75,&$/
6(&7,21
6(/(&7,9('(02/,7,21)25(/(&75,&$/
3$57(;(&87,21
(;$0,1$7,21
$ 9HULI\ILHOGPHDVXUHPHQWVDQGFLUFXLWLQJDUUDQJHPHQWVDUHDVLQGLFDWHG % 9HULI\WKDWDEDQGRQHGZLULQJDQGHTXLSPHQWVHUYHRQO\DEDQGRQHGIDFLOLWLHV & 'HPROLWLRQGUDZLQJVDUHEDVHGRQFDVXDOILHOGREVHUYDWLRQDQGH[LVWLQJUHFRUGGRFXPHQWV ' 5HSRUWGLVFUHSDQFLHVWR2ZQHUEHIRUHGLVWXUELQJH[LVWLQJLQVWDOODWLRQ ( 5HSRUWGLVFUHSDQFLHVWR$UFKLWHFW(QJLQQHUEHIRUHGLVWXUELQJH[LVWLQJLQVWDOODWLRQ ) %HJLQQLQJRIGHPROLWLRQPHDQVLQVWDOOHUDFFHSWVH[LVWLQJFRQGLWLRQV 35(3$5$7,21
$ 'LVFRQQHFWHOHFWULFDOV\VWHPVLQZDOOVIORRUVDQGFHLOLQJVWREHUHPRYHG % &RRUGLQDWHXWLOLW\VHUYLFHRXWDJHVZLWKXWLOLW\FRPSDQ\ & 3URYLGHWHPSRUDU\ZLULQJDQGFRQQHFWLRQVWRPDLQWDLQH[LVWLQJV\VWHPVLQVHUYLFHGXULQJ FRQVWUXFWLRQ:KHQZRUNPXVWEHSHUIRUPHGRQHQHUJL]HGHTXLSPHQWRUFLUFXLWVXVHSHUVRQQHO H[SHULHQFHGLQVXFKRSHUDWLRQV
' ([LVWLQJ(OHFWULFDO6HUYLFH
0DLQWDLQH[LVWLQJV\VWHPLQVHUYLFHXQWLOQHZV\VWHPLVFRPSOHWH DQGUHDG\IRUVHUYLFH'LVDEOHV\VWHPRQO\WRPDNHVZLWFKRYHUVDQGFRQQHFWLRQV0LQLPL]H RXWDJHGXUDWLRQ
2EWDLQSHUPLVVLRQIURP2ZQHUDWOHDVWKRXUVEHIRUHSDUWLDOO\RUFRPSOHWHO\GLVDEOLQJ V\VWHP
0DNHWHPSRUDU\FRQQHFWLRQVWRPDLQWDLQVHUYLFHLQDUHDVDGMDFHQWWRZRUNDUHD '(02/,7,21$1'(;7(16,212)(;,67,1*(/(&75,&$/:25. $ 3HUIRUPZRUNIRUUHPRYDODQGGLVSRVDORIHTXLSPHQWDQGPDWHULDOVFRQWDLQLQJWR[LFVXEVWDQFHV UHJXODWHGXQGHUWKH)HGHUDO7R[LF6XEVWDQFHV&RQWURO$FW 76&$
LQDFFRUGDQFHZLWK
DSSOLFDEOHIHGHUDOVWDWHDQGORFDOUHJXODWLRQV$SSOLFDEOHHTXLSPHQWDQGPDWHULDOVLQFOXGHEXW DUHQRWOLPLWHGWR
% 5HPRYHUHORFDWHDQGH[WHQGH[LVWLQJLQVWDOODWLRQVWRDFFRPPRGDWHQHZFRQVWUXFWLRQ & 5HPRYHDEDQGRQHGZLULQJWRVRXUFHRIVXSSO\
' 5HPRYHH[SRVHGDEDQGRQHGFRQGXLWLQFOXGLQJDEDQGRQHGFRQGXLWDERYHDFFHVVLEOHFHLOLQJ ILQLVKHV&XWFRQGXLWIOXVKZLWKZDOOVDQGIORRUVDQGSDWFKVXUIDFHV ( 'LVFRQQHFWDEDQGRQHGRXWOHWVDQGUHPRYHGHYLFHV5HPRYHDEDQGRQHGRXWOHWVLIFRQGXLW VHUYLFLQJWKHPLVDEDQGRQHGDQGUHPRYHG3URYLGHEODQNFRYHUIRUDEDQGRQHGRXWOHWVWKDWDUH QRWUHPRYHG
) 'LVFRQQHFWDQGUHPRYHDEDQGRQHGSDQHOERDUGVDQGGLVWULEXWLRQHTXLSPHQW * 'LVFRQQHFWDQGUHPRYHHOHFWULFDOGHYLFHVDQGHTXLSPHQWVHUYLQJXWLOL]DWLRQHTXLSPHQWWKDWKDV EHHQUHPRYHG
+ 5HSDLUDGMDFHQWFRQVWUXFWLRQDQGILQLVKHVGDPDJHGGXULQJGHPROLWLRQDQGH[WHQVLRQZRUN , 0DLQWDLQDFFHVVWRH[LVWLQJHOHFWULFDOLQVWDOODWLRQVWKDWUHPDLQDFWLYH0RGLI\LQVWDOODWLRQRU SURYLGHDFFHVVSDQHODVDSSURSULDWH
- ([WHQGH[LVWLQJLQVWDOODWLRQVXVLQJPDWHULDOVDQGPHWKRGVFRPSDWLEOHZLWKH[LVWLQJHOHFWULFDO LQVWDOODWLRQVRUDVVSHFLILHG
&/($1,1*$1'5(3$,5
$ &OHDQDQGUHSDLUH[LVWLQJPDWHULDOVDQGHTXLSPHQWWKDWUHPDLQRUWKDWDUHWREHUHXVHG
6(/(&7,9('(02/,7,21)25
(/(&75,&$/
% 3DQHOERDUGV
&OHDQH[SRVHGVXUIDFHVDQGFKHFNWLJKWQHVVRIHOHFWULFDOFRQQHFWLRQV5HSODFH GDPDJHGFLUFXLWEUHDNHUVDQGSURYLGHFORVXUHSODWHVIRUYDFDQWSRVLWLRQV3URYLGHW\SHGFLUFXLW GLUHFWRU\VKRZLQJUHYLVHGFLUFXLWLQJDUUDQJHPHQW
(1'2)6(&7,21
(/(&75,&$/*(1(5$/
3529,6,216
6(&7,21
(/(&75,&$/*(1(5$/3529,6,216
3$57*(1(5$/
6(&7,21,1&/8'(6
$ )XUQLVKDOOODERUPDWHULDOVDSSDUDWXVWRROVHTXLSPHQWWUDQVSRUWDWLRQWHPSRUDU\FRQVWUXFWLRQ DQGVSHFLDORURFFDVLRQDOVHUYLFHVDVUHTXLUHGWRPDNHDFRPSOHWHZRUNLQJHOHFWULFDO LQVWDOODWLRQDVVKRZQRQWKHGUDZLQJVRUGHVFULEHGLQWKHVHVSHFLILFDWLRQV % ,QVWDOODWLRQRIQHZIXVHGGLVFRQQHFWVIXVHVUHFHSWDFOHVJURXQGLQJFRQQHFWLRQWRSDFNDJHG PHFKDQLFDOXQLWVIXUQLVKHGXQGHURWKHUVHFWLRQVDQGSRZHUWRRWKHUVHUYLFHVDQGGHYLFHVDV VKRZQRQWKHFRQWUDFWGUDZLQJV
5(/$7('6(&7,216
$ 3HUIRUPIROORZLQJZRUNLQDFFRUGDQFHZLWKDSSURSULDWHVHFWLRQVRIWKHVSHFLILFDWLRQVFLWHG ZKHUHDQGDVQHFHVVDU\WRIXUQLVKDFRPSOHWHZRUNLQJHOHFWULFDOLQVWDOODWLRQ 0LVFHOODQHRXV0HWDO:RUN
,QFOXGHILWWLQJVEUDFNHWVVXSSRUWVZHOGLQJDQGSLSHDV UHTXLUHGIRUUDFHZD\DQGGLVFRQQHFWVZLWFKVXSSRUW
5()(5(1&(6
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
&&5
7LWOH3DUW%DVLF(OHFWULFDO5HTXLUHPHQWV6WDWH %XLOGLQJ6WDQGDUGV(OHFWULFDO&RGH
' 1DWLRQDO)LUH3URWHFWLRQ$VVRFLDWLRQ
1)3$
( (TXLSPHQWDQGPDWHULDOVVSHFLILHGXQGHUWKLV'LYLVLRQVKDOOFRQIRUPWRWKHIROORZLQJVWDQGDUGV ZKHUHDSSOLFDEOH
8/8QGHUZULWHUV
/DERUDWRULHV
$670$PHULFDQ6RFLHW\IRU7HVWLQJ0DWHULDOV
&0%&HUWLILHG%DOODVW0DQXIDFWXUHUV
,3&($,QVXODWHG3RZHU&DEOH(QJLQHHU$VVRF
1(0$1DWLRQDO(OHFWULFDO0DQXIDFWXUHU
V$VVQ
$16,$PHULFDQ1DWLRQDO6WDQGDUGV,QVWLWXWH
(7/(OHFWULFDO7HVWLQJ/DERUDWRULHV
) $OOEDVHPDWHULDOVKDOOEH$670DQGRU$16,VWDQGDUGV * $OOHOHFWULFDODSSDUDWXVIXUQLVKHGXQGHUWKLV6HFWLRQVKDOOFRQIRUPWR1DWLRQDO(OHFWULFDO 0DQXIDFWXUHUV$VVRFLDWLRQ
1(0$
VWDQGDUGVDQGWKH1(&DQGEHDUWKH8QGHUZULWHUV
/DERUDWRULHV
8/
ODEHOZKHUHVXFKODEHOLVDSSOLFDEOH
68%0,77$/6
$ :KHUHLWHPVDUHQRWHGDVRUHTXDODSURGXFWRIHTXDOGHVLJQFRQVWUXFWLRQDQGSHUIRUPDQFH ZLOOEHFRQVLGHUHG&RQWUDFWRUPXVWVXEPLWDOOSHUWLQHQWWHVWGDWDFDWDORJFXWVDQGSURGXFW LQIRUPDWLRQUHTXLUHGWRVXEVWDQWLDWHWKDWWKHSURGXFWLVLQIDFWHTXDO2QO\RQHVXEVWLWXWLRQZLOO EHFRQVLGHUHGIRUHDFKSURGXFWVSHFLILHG
% 6XEPLWWDOVVKDOOFRQVLVWRIGHWDLOHGVKRSGUDZLQJVVSHFLILFDWLRQVFDWDORJFXWVDQGGDWD VKHHWVFRQWDLQLQJSK\VLFDODQGGLPHQVLRQHGLQIRUPDWLRQSHUIRUPDQFHGDWDHOHFWULFDO FKDUDFWHULVWLFVPDWHULDOXVHGLQIDEULFDWLRQPDWHULDOILQLVKDQGVKDOOFOHDUO\LQGLFDWHWKRVH RSWLRQDODFFHVVRULHVZKLFKDUHLQFOXGHGDQGWKRVHZKLFKDUHH[FOXGHG)XUQLVKRQH UHSURGXFLEOHDQGSULQWVRIHDFKVKRSGUDZLQJ
(/(&75,&$/*(1(5$/
3529,6,216
&877,1*3$,17,1*$1'3$7&+,1*
$ 6WUXFWXUDOPHPEHUVVKDOOLQQRFDVHEHGULOOHGERUHGRUQRWFKHGLQVXFKDPDQQHUWKDWZLOO LPSDLUWKHLUVWUXFWXUDOYDOXH&XWWLQJRIKROHVLIUHTXLUHGVKDOOEHGRQHZLWKFRUHGULOODQGRQO\ ZLWKWKHDSSURYDORIWKH$UFKLWHFW
% &XWWLQJDQGGLJJLQJVKDOOEHXQGHUWKHGLUHFWVXSHUYLVLRQRIWKH*HQHUDO&RQWUDFWRU,QFOXGHDV QHFHVVDU\IRUWKHZRUNLQWKLVVHFWLRQ
& 7KHFRQWUDFWRUVKDOOEHUHVSRQVLEOHIRUUHWXUQLQJDQ\VXUIDFHIURPZKLFKKHKDVUHPRYHG HTXLSPHQWRUGHYLFHVWRWKHFRQGLWLRQDQGILQLVKRIWKHDGMDFHQWVXUIDFHV 683(59,6,21
$ &RQWUDFWRUVKDOOSHUVRQDOO\RUWKURXJKDQDXWKRUL]HGDQGFRPSHWHQWUHSUHVHQWDWLYHFRQVWDQWO\ VXSHUYLVHWKHZRUNIURPEHJLQQLQJWRFRPSOHWLRQDQGZLWKLQUHDVRQNHHSWKHVDPHZRUNPHQ DQGIRUHPDQRQWKHSURMHFWWKURXJKRXWWKHSURMHFWGXUDWLRQ 3527(&7,21
$ .HHSFRQGXLWVMXQFWLRQER[HVDQGRXWOHWER[HVDQGRWKHURSHQLQJVFORVHGWRSUHYHQWHQWU\RI IRUHLJQPDWWHU
FRYHUIL[WXUHVHTXLSPHQWDQGDSSDUDWXVDQGSURWHFWDJDLQVWGLUWSDLQWZDWHU FKHPLFDORUPHFKDQLFDOGDPDJHEHIRUHDQGGXULQJFRQVWUXFWLRQSHULRG5HVWRUHWRRULJLQDO FRQGLWLRQDQ\IL[WXUHDSSDUDWXVRUHTXLSPHQWGDPDJHGSULRUWRILQDODFFHSWDQFHLQFOXGLQJ UHVWRUDWLRQRIGDPDJHGVKRSFRDWVRISDLQWEHIRUHILQDODFFHSWDQFH3URWHFWEULJKWILQLVKHG VXUIDFHVDQGVLPLODULWHPVXQWLOLQVHUYLFH1RUXVWRUGDPDJHZLOOEHSHUPLWWHG (;$0,1$7,212)6,7(
$ 7KH&RQWUDFWRUVKDOOYLVLWWKHVLWHDQGGHWHUPLQHWKHORFDOHZRUNLQJFRQGLWLRQVFRQIOLFWLQJ XWLOLWLHVDQGWKHFRQGLWLRQVLQZKLFKWKHHOHFWULFDOZRUNZLOOWDNHSODFH1RDOORZDQFHVZLOOEH PDGHVXEVHTXHQWO\IRUDQ\FRVWVZKLFKPD\EHLQFXUUHGEHFDXVHRIDQ\HUURURURPLVVLRQGXH WRIDLOXUHWRH[DPLQHWKHVLWHDQGWRQRWLI\WKH(QJLQHHURIDQ\GLVFUHSDQFLHVEHWZHHQGUDZLQJV DQGVSHFLILFDWLRQVDQGDFWXDOVLWHFRQGLWLRQV6FKHGXOHYLVLWVDWOHDVWZHHNLQDGYDQFHZLWK 2ZQHU
V0DLQWHQDQFHVWDII
(19,5210(17$/5(48,5(0(176
$ $IWHURWKHUZRUNVXFKDVVDQGLQJSDLQWLQJHWFKDVEHHQFRPSOHWHGFOHDQOLJKWLQJIL[WXUHV SDQHOERDUGVVZLWFKERDUGVDQGRWKHUHOHFWULFDOHTXLSPHQWWRUHPRYHGXVWGLUWDQGJUHDVHRU RWKHUPDUNVDQGOHDYHZRUNLQFOHDQFRQGLWLRQ
92/7$*(&+(&.
$ $WFRPSOHWLRQRIMREFKHFNYROWDJHDWVHYHUDOSRLQWVRIXWLOL]DWLRQRQWKHV\VWHPZKLFKKDVEHHQ LQVWDOOHGXQGHUWKLVFRQWUDFW'XULQJWHVWHQHUJL]HDOOORDGVLQVWDOOHG0HDVXUH3KDVH YROWDJHVDQGQRWHSHUFHQWDJHGLIIHUHQFHV6XEPLWUHSRUWWR(QJLQHHU,QFOXGHFRS\LQ2 0 0DQXDO
7(676
$ 3HUIRUPWHVWVDVVSHFLILHGWRSURYHLQVWDOODWLRQLVLQDFFRUGDQFHZLWKFRQWUDFWUHTXLUHPHQWV 3HUIRUPWHVWVLQWKHSUHVHQFHRIWKH(QJLQHHUDQGIXUQLVKWHVWHTXLSPHQWIDFLOLWLHVDQG WHFKQLFDOSHUVRQQHOUHTXLUHGWRSHUIRUPWHVWV7HVWVVKDOOEHFRQGXFWHGGXULQJWKHFRQVWUXFWLRQ SHULRGDQGDWFRPSOHWLRQWRGHWHUPLQHFRQIRUPLW\ZLWKDSSOLFDEOHFRGHVDQGZLWKWKHVH 6SHFLILFDWLRQV7HVWVLQDGGLWLRQWRVSHFLILFV\VWHPWHVWGHVFULEHGHOVHZKHUHVKDOOLQFOXGH
,QVXODWLRQ5HVLVWDQFH
$OOYROWLQVXODWLRQVKDOOEHWHVWHGDWYROWV'&IRURQH PLQXWHRQDOOIHHGHUDQGEUDQFKFLUFXLWFRQGXFWRUVLQFOXGLQJWKHQHXWUDODQGPDNHDW\SHG UHFRUGRIDOOUHDGLQJVWREHLQFOXGHGLQWKHPDLQWHQDQFHLQVWUXFWLRQV7KHGLUHFWFXUUHQW DPSHUHVVKDOOEHUHFRUGHGDWVWDUWDQGDWRQHPLQXWH7KHYDOXHVKDOOEHGHFOLQLQJDQGQRW PRUHWKDQRQHPLFURDPSHUH
&LUFXLW&RQWLQXLW\
7HVWDOOIHHGHUDQGEUDQFKFLUFXLWVIRUFRQWLQXLW\7HVWDOOQHXWUDOVIRU LPSURSHUJURXQG
% (TXLSPHQW2SHUDWLRQV
7HVWPRWRUVIRUFRUUHFWRSHUDWLRQDQGURWDWLRQ
(/(&75,&$/*(1(5$/
3529,6,216
& 3URGXFW)DLOXUH
$Q\SURGXFWVZKLFKIDLOGXULQJWKHWHVWVRUDUHUXOHGXQVDWLVIDFWRU\E\WKH (QJLQHHUVKDOOEHUHSODFHGUHSDLUHGRUFRUUHFWHGDVSUHVFULEHGE\WKH(QJLQHHUDWWKHH[SHQVH RIWKH&RQWUDFWRU7HVWVVKDOOEHSHUIRUPHGDIWHUUHSDLUVUHSODFHPHQWVRUFRUUHFWLRQVXQWLO VDWLVIDFWRU\SHUIRUPDQFHLVGHPRQVWUDWHG
' 0LVFHOODQHRXV
,QFOXGHDOOWHVWUHVXOWVLQWKHPDLQWHQDQFHPDQXDO&RVWLIDQ\IRUDOOWHVWVVKDOO EHSDLGE\WKH&RQWUDFWRU
'5$:,1*6
$ /D\RXW
*HQHUDOOD\RXWVKRZQRQWKHGUDZLQJVKDOOEHIROORZHGH[FHSWZKHUHRWKHUZRUNPD\ FRQIOLFWZLWKWKHGUDZLQJV
% $FFXUDF\
'UDZLQJVIRUWKHZRUNXQGHUWKLVVHFWLRQDUHGLDJUDPPDWLF &RQWUDFWRUVKDOOYHULI\OLQHVOHYHOVDQGGLPHQVLRQVVKRZQRQWKHGUDZLQJVDQGVKDOOEH UHVSRQVLEOHIRUWKHDFFXUDF\RIWKHVHWWLQJRXWRIZRUNDQGIRULWVVWULFWFRQIRUPDQFHZLWK H[LVWLQJFRQGLWLRQVDWWKHVLWH
&RQWUDFWRUVKDOOLQVXUHUHFRQQHFWLRQRIH[LVWLQJHTXLSPHQWDQGFLUFXLWVDIIHFWHGE\FRQWUDFW GHPROLWLRQZKHWKHURUQRWUHFRQQHFWLRQLVVSHFLILFDOO\VKRZQRQWKHFRQWUDFWGRFXPHQWV 352-(&75(&25''5$:,1*6
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
IXOOVL]H
(6L]H
XSGDWHGVHWRI
WUDGHGUDZLQJ
V
XWLOL]LQJ$XWR&DGRUQHZHUDQGVXSSO\RQH
VHWRI&RPSDFW'LVFV
&'
V
UHIOHFWLQJVDPH
0$,17(1$1&($1'23(5$7,1*,16758&7,216
$ )XUQLVKWRWKH(QJLQHHUIRXU
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
VUHSUHVHQWDWLYH7KHHTXLSPHQWPDQXIDFWXUHUVKDOOEH
UHTXHVWHGWRSURYLGHSURGXFWOLWHUDWXUHDQGDSSOLFDWLRQJXLGHVIRUWKHXVHU VUHIHUHQFH&RVWVLI
DQ\IRUWKHDERYHVHUYLFHVVKDOOEHSDLGE\WKH&RQWUDFWRU :$55$17,(6
$ )XUQLVKWRWKH(QJLQHHUIRXU
KDUGEDFNULQJELQGHUVFRQWDLQLQJDOOZDUUDQWLHVRIHYHU\SLHFH RIHTXLSPHQWIXUQLVKHGXQGHUWKLVVSHFLILFDWLRQ,QFOXGHWHUPVDQGOLPLWDWLRQVRIZDUUDQWLHV FRQWDFWQDPHVDGGUHVVHVDQGWHOHSKRQHQXPEHUVRIPDQXIDFWXUHU(DFKELQGHUVKDOOEH LQGH[HGLQWRVHFWLRQVDQGODEHOHGIRUHDV\UHIHUHQFHIRUHDFKHTXLSPHQWZDUUDQW\ (;75$0$7(5,$/6
$ $OOVSHFLDOWRROVIRUSURSHURSHUDWLRQDQGPDLQWHQDQFHRIWKHHTXLSPHQWSURYLGHGXQGHUWKLV 6HFWLRQVKDOOEHGHOLYHUHGWRWKH'LVWULFW
VUHSUHVHQWDWLYH
(/(&75,&$/*(1(5$/
3529,6,216
3$57352'8&7612786('
3$57(;(&87,21
:25.0$16+,3
$ 3UHSDUDWLRQKDQGOLQJDQGLQVWDOODWLRQVKDOOEHLQDFFRUGDQFHZLWKPDQXIDFWXUHU VZULWWHQ
LQVWUXFWLRQVDQGWHFKQLFDOGDWDSDUWLFXODUWRWKHSURGXFWVSHFLILHGDQGRUDFFHSWHGHTXDOH[FHSW DVRWKHUZLVHVSHFLILHG&RRUGLQDWHZRUNDQGFRRSHUDWHZLWKRWKHUVLQIXUQLVKLQJDQGSODFLQJ WKLVZRUN:RUNWRUHYLHZHGVKRSGUDZLQJVIRUZRUNGRQHE\RWKHUVDQGWRILHOGPHDVXUHPHQWV DVQHFHVVDU\WRSURSHUO\ILWWKHZRUN
% &RQIRUPWRWKH1DWLRQDO(OHFWULFDO&RQWUDFWRU
V$VVRFLDWLRQ6WDQGDUGRI,QVWDOODWLRQIRUJHQHUDO
LQVWDOODWLRQSUDFWLFH
,167$//$7,21
$ ,QVWDOOLQDFFRUGDQFHZLWKPDQXIDFWXUHU
VLQVWUXFWLRQV
(1'2)6(&7,21
%$6,&0$7(5,$/$1'
0(7+2'6
6(&7,21
%$6,&0$7(5,$/$1'0(7+2'6
3$57*(1(5$/
6(&7,21,1&/8'(6
$ &RQGXLWUDFHZD\VDQGILWWLQJV
% :LUHVDQG&DEOHVIRU9ROWVDQGOHVV
& :LUHFRQQHFWLRQV
' 2XWOHWER[HV
( 3XOODQGMXQFWLRQER[HV
) 'LVFRQQHFW6ZLWFKHV
* )XVHV
+ 6XSSRUWLQJ'HYLFHV
, ,GHQWLI\LQJ'HYLFHV
- *URXQGLQJDQG%RQGLQJ
68%0,77$/6
$ 6XEPLWWKHIROORZLQJLWHPV
$OLVWRIFRQGXLWW\SHVLQGLFDWLQJZKHUHHDFKW\SHRIFRQGXLWZLOOEHXVHG,QGLFDWHFRQGXLW PDQXIDFWXUHUVDQGILWWLQJVWREHXVHG
:LUHVDQG&DEOHV
:LULQJ'HYLFHVDQG3ODWHV
1DPHSODWHVLQFOXGLQJHQJUDYLQJVFKHGXOHVZKHUHHQJUDYHGSODWHVDUHVSHFLILHG )XVHGGLVFRQQHFWVZLWFKHV
)XVH0DQXIDFWXUH
48$/,7<$6685$1&(
$ &RQIRUPWRUHTXLUHPHQWVRI1)3$
% 3URGXFWV
/LVWHGDQGFODVVLILHGE\8QGHUZULWHUV/DERUDWRULHV,QFDVVXLWDEOHIRUWKHSXUSRVH VSHFLILHGDQGLQGLFDWHG
5()(5(1&(6
$ $16,&5LJLG6WHHO&RQGXLW=LQF&RDWHGODWHVWHGLWLRQ % $16,&(OHFWULFDO0HWDOOLF7XELQJ=LQF&RDWHGODWHVWHGLWLRQ & $16,&5LJLG$OXPLQXP&RQGXLWODWHVWHGLWLRQ ' 1(&$
,167
6WDQGDUGRI,QVWDOODWLRQ
1DWLRQDO(OHFWULFDO&RQWUDFWRUV$VVRFLDWLRQODWHVW
HGLWLRQ
( 1(0$)%)LWWLQJV&DVW0HWDO%R[HVDQG&RQGXLW%RGLHVIRU&RQGXLWDQG&DEOH $VVHPEOLHV
ODWHVWHGLWLRQ
) 1(0$513RO\YLQ\O&KORULGH
39&
([WHUQDOO\&RDWHG*DOYDQL]HG5LJLG6WHHO&RQGXLWDQG
,QWHUPHGLDWH0HWDO&RQGXLWODWHVWHGLWLRQ
* 1(0$7&(OHFWULFDO3ODVWLF7XELQJ
(37
DQG&RQGXLW
(3&DQG(3&
ODWHVWHGLWLRQ
+ 1(0$7&39&)LWWLQJVIRU8VHZLWK5LJLG39&&RQGXLWDQG7XELQJODWHVWHGLWLRQ , 1)3$1DWLRQDO(OHFWULFDO&RGHODWHVWHGLWLRQ 3$57352'8&76
&21'8,75$&(:$<6$1'),77,1*6
$ 5LJLG6WHHO&RQGXLW
5LJLGVWHHOFRQGXLWVKDOOEHIXOOZHLJKWSLSHVL]HILQLVKHGLQVLGHDQGRXWE\KRWGLS JDOYDQL]LQJDIWHUIDEULFDWLRQDQGVKDOOFRQIRUPZLWK$16,&DQG8/
%$6,&0$7(5,$/$1'
0(7+2'6
&RXSOLQJVVKDOOEHHOHFWURSODWHGVWHHO
,QVXODWLQJ%XVKLQJV
7KUHDGHGSRO\SURS\OHQHRUWKHUPRVHWWLQJSKHQROLFUDWHG& PLQLPXP
,QVXODWHGJURXQGLQJ%XVKLQJV
7KUHDGHGFDVWPDOOHDEOHLURQERG\ZLWKLQVXODWHGWKURDW DQGVWHHOOD\LQJURXQGOXJZLWKFRPSUHVVLRQVFUHZ
,QVXODWHG0HWDOOLF%XVKLQJV
7KUHDGHGFDVWPDOOHDEOHLURQERG\ZLWKSODVWLFLQVXODWHG WKURDWUDWHG&
5XQQLQJWKUHDGVDUHQRWDFFHSWDEOH
% (OHFWULFDO0HWDOOLF7XELQJ
(07
&RQGXLW
&RQGXLWVKDOOEHIRUPHGRIFROGUROOHGVWULSVWHHODQGVKDOOFRPSO\ZLWK$16, &DQG8/UHTXLUHPHQWV
&RXSOLQJV
(OHFWURSODWHGVWHHO8/OLVWHGUDLQDQGFRQFUHWHWLJKWWKURXJKWUDGHVL]H $OO(07ILWWLQJVVKDOOEHFRPSUHVVLRQW\SH
&RQQHFWRUV
6WHHOJODQGFRPSUHVVLRQW\SHZLWKLQVXODWHGSODVWLFWKURDW& WHPSHUDWXUHUDWHG$OO(07ILWWLQJVVKDOOEHFRPSUHVVLRQW\SH & /LTXLG7LJKW)OH[LEOH0HWDO&RQGXLW
&RQGXLW
&RQGXLWVKDOOEHIDEULFDWHGLQFRQWLQXRXVOHQJWKVIURPJDOYDQL]HGVWHHOVWULS VSLUDOO\ZRXQG)OH[LEOHFRQGXLWH[FHSWZKHUHLQVWDOOHGLQFRQFHDOHGGU\ORFDWLRQVVKDOO EHOLTXLGWLJKWZLWKSODVWLFMDFNHWH[WUXGHGRYHUWKHRXWHU]LQFFRDWLQJ1RDOXPLQXP VXEVWLWXWHZLOOEHDFFHSWHG
)LWWLQJV
&RQQHFWRUVVKDOOEHWKHVFUHZFODPSRQVFUHZLQ
-DNH
YDULHW\ZLWKFDVW
PDOOHDEOHLURQERGLHVDQGWKUHDGHGPDOHKXEVZLWKLQVXODWHGWKURDWRULQVXODWHGEXVKLQJV 6HWVFUHZW\SHFRQQHFWRUVDUHQRWDFFHSWDEOH/LTXLGWLJKWILWWLQJVVKDOOEHRIFDGPLXP SODWHGFDVWPDOOHDEOHLURQZLWKLQVXODWHGWKURDW
' 5LJLG1RQ0HWDOOLF&RQGXLW
&RQGXLWDQGILWWLQJVVKDOOEHKRPRJHQHRXVSODVWLFPDWHULDOIUHHIURPYLVLEOHFUDFNVKROHV RUIRUHLJQLQFOXVLRQV7KHFRQGXLWERUHVKDOOEHVPRRWKDQGIUHHRIEOLVWHUVQLFNVRURWKHU LPSHUIHFWLRQVZKLFKFRXOGGDPDJHFRQGXFWRUVRUFDEOHV
0DWHULDOV
3RO\YLQ\O&KORULGH
39&
VFKHGXOH0DWHULDOVKDOOFRPSO\ZLWK1(0$7&IRU
FRQGXLWDQG1(0$7&IRUILWWLQJV
:,5,1*$1'&$%/(6
$ $FFHSWDEOHPDQXIDFWXUHUV
6RXWKZLUHRUDSSURYHGHTXDO
% &RQGXFWRUPDWHULDO
$OOZLUHDQGFDEOHVKDOOEHLQVXODWHGVWUDQGHGFRSSHUFRQGXFWRUV6RIW GUDZQDQQHDOHGFRSSHUZLUH
FRQGXFWLYLW\EHDULQJWKH8/ODEHO
& 0LQLPXPFRQGXFWRUVL]H
$:*1RIRUDOOSRZHUDQGOLJKWLQJEUDQFKFLUFXLWV$:*1R IRUDOOVLJQDODQGFRQWUROFLUFXLWV
' &RORU&RGLQJ
6\VWHPFRQGXFWRUVVKDOOEHLGHQWLILHGDVWRYROWDJHDQGSKDVHFRQQHFWLRQVE\ PHDQVRIFRORULPSUHJQDWHGLQVXODWLRQRUDSSURYHGFRORUHGPDUNLQJWDSHDVIROORZV
( )RUYROWSKDVHZLUHV\VWHPV
3KDVH$%ODFN
3KDVH%5HG
3KDVH&%OXH
1HXWUDO:KLWH
*URXQG*UHHQ
) IRU9ROWSKDVHZLUHV\VWHP
3KDVH$%URZQ
3KDVH%2UDQJH
3KDVH&<HOORZ
1HXWUDO*UH\
*URXQG*UHHQ
* 6HFRQGDU\:LUHDQG&DEOHWR9ROWV
%$6,&0$7(5,$/$1'
0(7+2'6
1(&7\SH7+:1RU7\SH;++:IRUIHHGHUVDQGEUDQFKFLUFXLWVLQZHWRUGU\ORFDWLRQV 1(&W\SH7++1IRUEUDQFKFLUFXLWVLQGU\ORFDWLRQV
:,5(&211(&7,21
$ :LUH-RLQWV
:LUHVLQVL]HVIURPWR$:*VWUDQGHGFRQGXFWRUZLWKLQVXODWLRQUDWHG GHJUHHV&RUOHVVVKDOOEHMRLQHGZLWKHOHFWULFDOVSULQJFRQQHFWRUVRIWKUHHSDUWFRQVWUXFWLRQ LQFRUSRUDWLQJDQRQUHVWULFWHG]LQFFRDWHGVWHHOVSULQJHQFORVHGLQDVWHHOVKHOOZLWKDQRXWHU MDFNHWRIYLQ\OSODVWLFZLWKDIOH[LEOHLQVXODWLQJVNLUW % 0HFKDQLFDO&RPSUHVVLRQ&RQQHFWRUVDQG7DSV
6WUDQGHGFRQGXFWRUVIURP$:*WR
.FPLOVKDOOEHMRLQHGRUWDSSHGXVLQJEROWHGSUHVVXUHFRQQHFWRUVKDYLQJFDVWEURQ]H FRPSUHVVLRQEROWV)LWWLQJVVKDOOEHZLGHUDQJHWDNLQJDQGGHVLJQHGWRIDFLOLWDWHWKHPDNLQJRI SDUDOOHOWDSVWHHVFURVVHVRUHQGWRHQGFRQQHFWLRQV6SOLWEROWFRQQHFWRUVZLOOQRWEH DFFHSWDEOH
& )L[WXUH&RQQHFWLRQV
6SOLFHIL[WXUHZLUHWRFLUFXLWZLULQJZLWKVROGHUOHVVFRQQHFWRUVDVVSHFLILHG DERYHLQSDUDJUDSK$
' 7HUPLQDWLQJ/XJV
&RQGXFWRUVIURPVL]H1R$:*WR.FPLOFRSSHUVKDOOEHWHUPLQDWHG XVLQJWLQSODWHGK\GUDXOLFDOO\RSHUDWHGFULPSLQJWRROVDQGGLHVDVVWLSXODWHGE\WKHOXJ PDQXIDFWXUHU/XJVVKDOOEH06FRWFKORNVHULHV%XUQG\7\SH<D/VHULHVRUHTXDO ( 6SOLFLQJDQG,QVXODWLQJ7DSH
YROWVDQGEHORZ
*HQHUDOSXUSRVHHOHFWULFDOWDSHVKDOOEH
VXLWDEOHIRUWHPSHUDWXUHVIURPPLQXVGHJUHHV&WRGHJUHHV&VKDOOEHEODFNXOWUDYLROHW SURRIVHOIH[WLQJXLVKLQJPLOWKLFNYLQ\OZLWKDGLHOHFWULFVWUHQJWKRIYROWV$SSO\ OD\HUVKDOIODSZLWK´RYHUOD\RQHDFKFRQGXFWRU
) ,QVXODWLQJ3XWW\
YROWVDQGEHORZ
3DGVRUUROOVRIQRQFRUURVLYHVHOIIXVLQJRQHHLJKWLQFK WKLFNUXEEHUSXWW\ZLWK39&EDFNLQJVKHHW3XWW\VKDOOEHVXLWDEOHIRUWHPSHUDWXUHVIURPPLQXV GHJUHHV&WRGHJUHHV&DQGVKDOOKDYHDGLHOHFWULFVWUHQJWKRIYROWVPLOPLQLPXP * ,QVXODWLQJ5HVLQ
7ZR3DUWOLTXLGHSR[\UHVLQZLWKUHVLQDQGFDWDO\VWLQSUHPHDVXUHGVHDOHG PL[LQJSRXFK5HVLQVKDOOKDYHDVHWXSWLPHRIDSSUR[LPDWHO\PLQXWHVDWGHJUHHV& DQGVKDOOKDYHWKHUPDODQGGLHOHFWULFSURSHUWLHVHTXDOWRWKHLQVXODWLRQSURSHUWLHVRIWKHFDEOHV LPPHUVHGLQWKHUHVLQ
+ 7HUPLQDO6WULS&RQQHFWRUV
7HUPLQDWHZLUHLQORFNLQJWRQJXHVW\OHSUHVVXUHW\SHVROGHUOHVVOXJ ZKHUHDSSOLFDEOH
287/(7%2;(6
$ 6WDQGDUGRXWOHWER[HV
*DOYDQL]HGGLHIRUPHGRUGUDZQVWHHONQRFNRXWW\SHRIVL]HDQG FRQILJXUDWLRQEHVWVXLWHGWRWKHDSSOLFDWLRQLQGLFDWHGRQWKHSODQV0LQLPXPER[VL]HLQFK VTXDUHE\LQFKGHHSLQGRRUXVH)6FDVWER[HVDUHUHTXLUHGIRURXWGRRUXVH % &DVW0HWDO2XWOHW%R[HV
)6)'FDVWER[HVDUHUHTXLUHGIRURXWGRRUXVH0DOOHDEOHLURQDOOR\ ZLWKWKUHDGHGKXEVDQGPRXQWLQJOXJVDVUHTXLUHG%R[HVVKDOOEHIXUQLVKHGZLWKFDVWFRYHU SODWHVRIWKHVDPHPDWHULDODVWKHER[DQGQHRSUHQHFRYHUJDVNHWV7KRPDVDQG%HWWV &URXVH+LQGV$SSOHWRQRUHTXDO
& &RQGXLW2XWOHW%RGLHV
&DGPLXPSODWHGFDVWLURQDOOR\2EURXQGFRQGXLWRXWOHWERGLHVZLWK WKUHDGHGFRQGXLWKXEVDQGQHRSUHQHJDVNHWHGFDVWLURQFRYHUV2XWOHWERGLHVVKDOOEHXVHGWR IDFLOLWDWHSXOOLQJRIFRQGXFWRUVRUWRPDNHFKDQJHVLQFRQGXLWGLUHFWLRQRQO\6SOLFHVDUHQRW SHUPLWWHGLQFRQGXLWRXWOHWERGLHV7KRPDVDQG%HWWV&URXVH+LQGV)RUP&RQGXOHWV $SSOHWRQIRUP8QLOHWVRUHTXDO
38//$1'-81&7,21
$ 6KHHW0HWDO%R[HV
8VHVWDQGDUGRXWOHWRUFRQFUHWHULQJER[HVZKHUHYHUSRVVLEOH RWKHUZLVH
XVHPLQLPXPJDXJHJHWPHWDO1(0$ER[HVVL]HGWRFRGHUHTXLUHPHQWVZLWKFRYHUV VHFXUHGE\FDGPLXPSODWHGPDFKLQHVFUHZVORFDWHGLQFKHVRQFHQWHUV&LUFOH$:3URGXFWV +RIIPDQ(QJLQHHULQJ&RRUHTXDO
% &DVW0HWDO%R[HV
8VHVWDQGDUGFDVWPDOOHDEOHLURQRXWOHWRUGHYLFHER[HVZKHUHYHUSRVVLEOH
RWKHUZLVHXVHFDGPLXPSODWHGFDVWPDOOHDEOHLURQMXQFWLRQER[HVZLWKEROWRQLQWHUFKDQJHDEOH
%$6,&0$7(5,$/$1'
0(7+2'6
FRQGXLWKXESODWHVZLWKQHRSUHQHJDVNHWV$SSOHWRQ)6)'VHULHV &URXVH+LQGV)6)'VHULHV
RUHTXDO
',6&211(&76:,7&+(6
$ $OOGLVFRQQHFWVZLWFKHVVKDOOEHKHDY\GXW\W\SHDQGKDYHWKHQXPEHURISROHVYROWDJHUDWLQJ DQGKRUVHSRZHUUDWLQJDVUHTXLUHGE\WKHPRWRURUHTXLSPHQW'LVFRQQHFWVZLWFKHVVKDOOEHLQ HQFORVXUHVWRVXLWFRQGLWLRQV1(0$5IRURXWGRRUDQG1(0$IRULQGRRU'LVFRQQHFW VZLWFKHVVKDOOEHIXVHGXQOHVVRWKHUZLVHQRWHGRQWKHGUDZLQJV$VPDQXIDFWXUHGE\ 6TXDUH
'&ODVV,7(6HLPHQVRUHTXDO
)86(6
$ 'XDO(OHPHQW7LPH'HOD\8/&ODVV5.5HMHFWLRQW\SH6L]HDQG9ROWDJHDVLQGLFDWHGRQ HTXLSPHQW%XVVPDQ/LWWOH)XVHRUDSSURYHGHTXDO
(/(&75,&$/6833257,1*'(9,&(6
$ &RQFUHWH)DVWHQHUV
+LOWL.ZLN%ROW7=RUHTXDOVHOIGULOOLQJH[SDQVLRQW\SHFRQFUHWHDQFKRU % &RQGXLW6WUDSV
+RWGLSJDOYDQL]HGFDVWPDOOHDEOHLURQWZRKROHW\SHVWUDSZLWKFDVW FODPSEDFNVDQGVSDFHUVDVUHTXLUHG2=*HGQH\7KRPDV %HWWVRUHTXDO & &RQVWUXFWLRQ&KDQQHO
LQFKE\LQFKJDXJHJDOYDQL]HGVWHHOFKDQQHOZLWK LQFKGLDPHWHUEROWKROHVLQFKRQFHQWHULQWKHEDVHRIWKHFKDQQHO.LQGRUI VHULHV
8QLVWUXW3+6RUHTXDO
' &DEOH7LHVDQG&ODPSV
7KRPDVDQG%HWWV&R7\5DSV3DQGXLW3DQ7\RUHTXDORQH SLHFHQ\ORQUHXVDEOHW\SHODVKLQJWLHV
( )DVWHQHUV
*HQHUDO
:RRGVFUHZVIRUIDVWHQLQJWRZRRG0DFKLQHVFUHZVIRUIDVWHQLQJWR VWHHO7RJJOHEROWVIRUIDVWHQLQJWRKROORZFRQFUHWHEORFNJ\SVXPERDUGRUSODVWHUZDOOV ([SDQVLRQDQFKRUVIRUDWWDFKPHQWVWRSUHSRXUHGFRQFUHWH
,'(17,)<,1*'(9,&(6
$ 1DPHSODWHV
7\SH13
(QJUDYHGEODFNEDNHOLWHLQFKE\LQFKLQFKKLJKZKLWH OHWWHUVPDFKLQHVFUHZUHWDLQHG)RUSHUPDQHQWLGHQWLILFDWLRQRIDOOVZLWFKERDUGVSDQHOERDUGV FLUFXLWEUHDNHUVLQVHSDUDWHHQFORVXUHVPRWRUVWDUWHUVUHOD\VWLPHVZLWFKHVGLVFRQQHFW VZLWFKHVDQGRWKHUFDELQHWHQFORVHGDSSDUDWXVLQFOXGLQJWHUPLQDOFDELQHWVRUPDWFKH[LVWLQJDV FORVHO\DVSRVVLEOH
% /HJHQG3ODWHV
7\SH/3
'LHVWDPSHGPHWDOOHJHQGSODWHZLWKPRXQWLQJKROHDQGSRVLWLRQLQJ NH\IRUDWWDFKPHQWWRSDQHOPRXQWHGRSHUDWRUV
GHYLFHV(QJUDYHGSDLQWILOOHGFKDUDFWHUVDV
VSHFLILHG
& :LUH 7HUPLQDO0DUNHUV
6HOIDGKHULQJSUHSULQWHGYLQ\OZLWKVHOIODPLQDWLQJZUDSDURXQG VWULS0DUNHUVVKDOOEHOHJLEOHDIWHUWHUPLQDWLRQ%UDG\% VHULHV7KRPDV %HWWV:6/
VHULHVRUHTXDO
' &RQGXFWRU3KDVH0DUNHUV
7KRPDV %HWWV:&3+$6VHULHVRUVLPLODULQDGGLWLRQWRFRORUHG PDUNLQJDVVSHFLILHGXQGHUWKLVVHFWLRQRIWKHVSHFLILFDWLRQV *5281',1*$1'%21',1*
$ *URXQG5RGV
0DQXIDFWXUHU
%ODFNEXUQ(ULFRRUDSSURYHG(TXDO
6L]H
[
*URXQG5RGV
% *URXQGLQJ(OHFWURGH&RQGXFWRUIRUIRXQGDWLRQIRRWVDQGSHU1(& & *URXQGLQJ:HOO&KULVW\%R[*7UDIILF9DOYH%R[
3$57(;(&87,21
&21'8,7$1'5$&(:$<$33/,&$7,216
$ 5LJLG6WHHO&RQGXLW
8VHULJLGVWHHOFRQGXLWIRUWKHIROORZLQJORFDWLRQVRUFRQGLWLRQV
$OOH[WHULRUDSSOLFDWLRQV
$OOFRQGXLWVODUJHUWKDQ´WUDGHGLDPHWHU
%$6,&0$7(5,$/$1'
0(7+2'6
$OOFRQGXLWVLQGRRUEHORZHLJKW
IHHWDERYHILQLVKHGIORRU
% (OHFWULFDO0HWDOOLF7XELQJ
(07
(07LVDOORZHGIRUWKHIROORZLQJFRQGLWLRQV
,QWHULRURQO\DQGDERYHHLJKW
IHHWIURPILQLVKHGIORRU
,QWHULRURQO\DQGZKHQHQWHULQJDSDQHOIURPDERYH
& /LTXLGWLJKW)OH[LEOH0HWDOOLF&RQGXLW
8VH/LTXLGWLJKWIRUWKHIROORZLQJFRQGLWLRQV
,QGDPSDQGZHWORFDWLRQVIRUFRQQHFWLRQVWRPRWRUVWUDQVIRUPHUVYLEUDWLQJHTXLSPHQW DQGPDFKLQHU\
&RQQHFWLRQVWRDOOSXPSPRWRUVIORZVZLWFKHVDQGVLPLODUGHYLFHV ' 5LJLG1RQ0HWDOOLF&RQGXLW3RO\YLQ\O&KORULGH
39&
6FKHGXOH
8QGHUJURXQGLQVWDOODWLRQ
&21'8,7,167$//$7,21
$ *HQHUDO
$OOFRQGXLWUXQVVKRZQRQWKHSODQVDUHVL]HGEDVHGRQWKHXVHRIULJLGVWHHOFRQGXLWDQG 7+:1FRSSHUFRQGXFWRUV,IFRQGXFWRUW\SHLVFKDQJHGWKHFRQWUDFWRUVKDOOEH UHVSRQVLEOHIRUUHVL]LQJFRQGXLWVWRPHHWFRGH,QQRFDVHLVFRQGXLWWREHVL]HGVPDOOHU WKDQWUDGHGLDPHWHU
/RZYROWDJHZLULQJVKDOOEHLQVWDOOHGLQFRQGXLWPLQLPXPWUDGHGLDPHWHU &RQGXLWVVKDOOEHWLJKWO\FRYHUHGDQGZHOOSURWHFWHGGXULQJFRQVWUXFWLRQXVLQJPHWDOOLF EXVKLQJVDQGEXVKLQJSHQQLHVWRVHDORSHQHQGV
,QPDNLQJMRLQWVLQULJLGVWHHOFRQGXLWUHDPFRQGXLWVPRRWKDIWHUFXWWLQJDQGWKUHDGLQJ &OHDQDQ\FRQGXLWLQZKLFKPRLVWXUHRUDQ\IRUHLJQPDWWHUKDVFROOHFWHGEHIRUHSXOOLQJLQ FRQGXFWRUV3DLQWDOOILHOGWKUHDGHGMRLQWVWRSUHYHQWFRUURVLRQ ,QDOOHPSW\FRQGXLWVRUGXFWVLQVWDOODQSRXQGWHQVLOHVWUHQJWKSRO\HWK\OHQHSXOOLQJ URSH
&RQGXLWV\VWHPVVKDOOEHHOHFWULFDOO\FRQWLQXRXVWKURXJKRXW,QVWDOOFRGHVL]HXQLQVXODWHG FRSSHUJURXQGLQJFRQGXFWRUVLQDOOFRQGXLWUXQVJURXQGLQJFRQGXFWRUVKDOOEHERQGHGWR FRQGXLWHTXLSPHQWIUDPHVDQGSURSHUO\JURXQGHG
% /D\RXW
$OOQHZFRQGXLWVVKDOOEHFRQFHDOHG$Q\ILHOGFRQGLWLRQVWKDWGRHVQRWDOORZFRQFHDOPHQW RIFRQGXLWVVKDOOEHUHYLHZHGZLWKWKH$UFKLWHFWSULRUWRURXJKLQ /RFDWLRQVRIFRQGXLWUXQVVKDOOEHSODQQHGLQDGYDQFHRIWKHLQVWDOODWLRQDQGFRRUGLQDWHG ZLWKFRQFUHWHZRUNSOXPELQJDQGIUDPLQJ
:KHUHSUDFWLFDOLQVWDOOFRQGXLWVLQJURXSVLQSDUDOOHOYHUWLFDORUKRUL]RQWDOUXQVDQGDW HOHYDWLRQVWKDWDYRLGXQQHFHVVDU\RIIVHWV
/RZYROWDJHFRQGXLWVKDOOEHJURXSHGVHSDUDWHO\DQGODEHOOHGHYHU\IWLQWHUYDODVWR V\VWHP
LHILUHFRQWUROHWF
([SRVHGFRQGXLWVKDOOEHUXQSDUDOOHORUDWULJKWDQJOHVWRWKHFHQWHUOLQHVRIWKHFROXPQV DQGEHDPV
&RQGXLWVVKDOOQRWEHSODFHGFORVHUWKDQLQFKHVIURPDSDUDOOHOKRWZDWHURUVWHDPOLQH RUWKUHHLQFKHVIURPVXFKOLQHVFURVVLQJSHUSHQGLFXODUWRWKHUXQV ,QORQJUXQVRIFRQGXLWSURYLGHVXIILFLHQWSXOOER[HVSHU1(&LQVLGHEXLOGLQJVWRIDFLOLWDWH SXOOLQJZLUHVDQGFDEOHV6XSSRUWSXOOER[HVIURPVWUXFWXUHLQGHSHQGHQWRIFRQGXLW VXSSRUWV7KHVHSXOOER[HVDUHQRWVKRZQRQWKHSODQV & 6XSSRUWV
$OOUDFHZD\V\VWHPVVKDOOEHVHFXUHGWREXLOGLQJVWUXFWXUHVXVLQJVSHFLILHGIDVWHQHUV FODPSVDQGKDQJHUVVSDFHGDFFRUGLQJWR&RGH
6XSSRUWVLQJOHUXQVRIFRQGXLWXVLQJWZRKROHSLSHVWUDSV:KHUHUXQKRUL]RQWDOO\RQZDOOV LQGDPSRUZHWORFDWLRQVLQVWDOOFODPSEORFNVWRVSDFHFRQGXLWRIIWKHVXUIDFH 0XOWLSOHFRQGXLWUXQVVKDOOEHVXSSRUWHGXVLQJWUDSH]HKDQJHUVIDEULFDWHGIURPLQFK GLDPHWHUWKUHDGHGVWHHOURGVVHFXUHGWREXLOGLQJVWUXFWXUHV)DVWHQFRQGXLWWR FRQVWUXFWLRQFKDQQHOZLWKVWDQGDUGWZRKROHSLSHFODPSV3URYLGHODWHUDOVHLVPLFEUDFLQJ IRUKDQJHUV
,QVWDOODWLRQ
%$6,&0$7(5,$/$1'
0(7+2'6
D /RFDWHDQGLQVWDOODQFKRUVIDVWHQHUVDQGVXSSRUWVLQDFFRUGDQFHZLWK1(&$ 6WDQGDUGRI,QVWDOODWLRQ
'RQRWIDVWHQVXSSRUWVWRSLSHVGXFWVPHFKDQLFDOHTXLSPHQWRUFRQGXLW
'RQRWGULOORUFXWVWUXFWXUDOPHPEHUV
2EWDLQSHUPLVVLRQIURP6WUXFWXUDO$UFKLWHFWEHIRUHGULOOLQJRUFXWWLQJVWUXFWXUDO PHPEHUV
E 5LJLGO\ZHOGVXSSRUWPHPEHUVRUXVHKH[DJRQKHDGEROWVWRSUHVHQWQHDWDSSHDUDQFH ZLWKDGHTXDWHVWUHQJWKDQGULJLGLW\8VHVSULQJORFNZDVKHUVXQGHUDOOQXWV F ,QVWDOOVXUIDFHPRXQWHGFDELQHWVDQGSDQHOERDUGVZLWKPLQLPXPRIIRXUDQFKRUV G ,QZHWDQGGDPSORFDWLRQVXVHVWHHOFKDQQHOVXSSRUWVWRVWDQGFDELQHWVDQG SDQHOERDUGVLQFK
PP
RIIZDOO
H 8VHVKHHWPHWDOFKDQQHOWREULGJHVWXGVDERYHDQGEHORZFDELQHWVDQGSDQHOERDUGV UHFHVVHGLQKROORZSDUWLWLRQV
' 7HUPLQDWLRQVDQG-RLQWV
5DFHZD\VVKDOOEHMRLQHGXVLQJVSHFLILHGFRXSOLQJVRUWUDQVLWLRQFRXSOLQJVZKHUHGLVVLPLODU UDFHZD\V\VWHPVDUHMRLQHG
5LJLGFRQGXLWFRQQHFWLRQWRHQFORVXUHVVKDOOEHPDGHE\0\HUVW\SHJURXQGLQJKXEVRQO\ (07FRQQHFWLRQVWRHQFORVXUHVVKDOOEHPDGHZLWKFRPSUHVVLRQFRQQHFWRUZLWKJURXQGLQJ ORFNQXWVRUEXVKLQJV
&RQGXLWWHUPLQDWLRQVH[SRVHGDWZHDWKHUSURRIHQFORVXUHVDQGFDVWRXWOHWER[HVVKDOOEH PDGHZDWHUWLJKWXVLQJDSSURSULDWHFRQQHFWRUVDQGKXEV
,QVWDOOH[SDQVLRQFRXSOLQJVZKHUHDQ\FRQGXLWFURVVHVDEXLOGLQJVHSDUDWLRQRUH[SDQVLRQ MRLQW
,QVWDOOFDEOHVHDOLQJEXVKLQJVRQDOOFRQGXLWVRULJLQDWLQJRXWVLGHWKHEXLOGLQJZDOOVDQG WHUPLQDWLQJLQVZLWFKJHDUFDELQHWVRUJXWWHUVLQVLGHWKHEXLOGLQJ,QVWDOOFDEOHVHDOLQJ EXVKLQJVRUFDXONFRQGXLWWHUPLQDWLRQVLQDOOJUDGHOHYHORUEHORZJUDGHH[WHULRUSXOO MXQFWLRQRURXWOHWER[HV
( 3HQHWUDWLRQV
)XUQLVKDQGLQVWDOOPHWDOVOHHYHVIRUDOOH[SRVHGLQWHULRUFRQGXLWUXQVSDVVLQJWKURXJK FRQFUHWHIORRUVRUZDOOV)ROORZLQJFRQGXLWLQVWDOODWLRQVHDODOOSHQHWUDWLRQVXVLQJQRQLURQ EHDULQJFKORULGHIUHHQRQVKULQNLQJGU\SDFNJURXWLQJFRPSRXQG ,QVWDOOVSHFLILHGZDWHUWLJKWFRQGXLWHQWUDQFHVHDOVDQGPHPEUDQHFODPSVDWDOOEHORZ JUDGHZDOODQGIORRUSHQHWUDWLRQV&RQGXLWVSHQHWUDWLQJH[WHULRUEXLOGLQJZDOOVDQGEXLOGLQJ IORRUVODEVKDOOEHLQVXODWHGULJLGVWHHO
&RQGXLWVSHQHWUDWLQJUDWHGZDOOVIORRUVHWFVKDOOEHILUHSURRIHG &$%/($1':,5(,167$//$7,21
$ ([DPLQDWLRQ
9HULI\WKDWLQWHULRURIEXLOGLQJKDVEHHQSURWHFWHGIURPZHDWKHU 9HULI\WKDWPHFKDQLFDOZRUNOLNHO\WRGDPDJHZLUHDQGFDEOHKDVEHHQFRPSOHWHG 9HULI\WKDWUDFHZD\LQVWDOODWLRQLVFRPSOHWHDQGVXSSRUWHG 9HULI\WKDWILHOGPHDVXUHPHQWVDUHDVLQGLFDWHG
% 3UHSDUDWLRQ
,QH[LVWLQJFRQGXLWVWKDWZLOOEHUHXVHGSXOORXWH[LVWLQJFRQGXFWRUV &RPSOHWHO\DQGWKRURXJKO\VZDEUDFHZD\EHIRUHLQVWDOOLQJZLUH 8VHVROXWLRQRI6LPSOH*UHHQ8VH&2WREORZZDWHUDQGVRDSLQWRFRQGXLWOHW VRDNWREUHDNXSGULHGRXWSXOOLQJFRPSRXQGVWKHQSXOOFRQGXFWRUV3XOORQHFRQGXFWRUDW DWLPHLIZLOOQRWSXOODOORXWWRJHWKHU
& *HQHUDO
&RQGXFWRUVVKDOOQRWEHLQFRQGXLWXQWLODOOZRUNRIDQ\QDWXUHWKDWPD\FDXVHLQMXU\LV FRPSOHWHG&DUHVKRXOGEHWDNHQLQSXOOLQJFRQGXFWRUVWKDWLQVXODWLRQLVQRWGDPDJHG 8/DSSURYHGQRQSHWUROHXPEDVHDQGLQVXODWLQJW\SHSXOOLQJFRPSRXQGVKDOOEHXVHGDV QHHGHG
%$6,&0$7(5,$/$1'
0(7+2'6
$OOFDEOHVVKDOOEHLQVWDOOHGDQGWHVWHGLQDFFRUGDQFHZLWKPDQXIDFWXUHU VUHTXLUHPHQWV
DQGZDUUDQW\
%ORFNDQGWDFNOHSRZHUGULYHQZLQFKRURWKHUPHFKDQLFDOPHDQVVKDOOQRWEHXVHGLQ SXOOLQJFRQGXFWRUVRIVL]HVPDOOHUWKDQ$:*
' 6SOLFLQJDQG7HUPLQDWLQJ
$OODVSHFWVRIVSOLFLQJDQGWHUPLQDWLQJVKDOOEHLQDFFRUGDQFHZLWKFDEOHPDQXIDFWXUHU V
SXEOLVKHGSURFHGXUHV
0DNHXSDOOVSOLFHVLQRXWOHWER[HVZLWKFRQQHFWRUVDVVSHFLILHGKHUHLQZLWKVHSDUDWHWDLOV RIFRUUHFWFRORUWREHPDGHXSWRVSOLFH3URYLGHDWOHDVWVL[
LQFKHVRIWDLOVSDFNHGLQ
ER[DIWHUVSOLFHLVPDGHXS
$OOZLUHDQGFDEOHLQSDQHOVFRQWUROFHQWHUVDQGHTXLSPHQWHQFORVXUHVVKDOOEHEXQGOHG DQGFODPSHG
(QFDSVXODWHVSOLFHVLQH[WHULRURXWOHWMXQFWLRQDQGSXOOER[HVXVLQJLQVXODWLQJUHVLQNLWV $OOVSOLFHVIRUH[WHULRUHTXLSPHQWLQSXPSURRPVVKDOOEHPDGHXSZDWHUWLJKW ,QVXODWHPHFKDQLFDOFRPSUHVVLRQWDSV$:*DQGODUJHUXVLQJSUHPROGHGKHDWVKULQN WXELQJ,7&61+HDYLQJ:DOOUDWHGWR9+HDWLQJSURFHVVVKRXOGVWDUWIURPWKHPLGGOHRI WKHKHDWVKULQNWXELQJDQGPRYHWRLWVHQGV
( ,GHQWLILFDWLRQ
6HFXUHO\WDJDOOEUDQFKFLUFXLWVQRWLQJWKHSXUSRVHRIHDFK0DUNFRQGXFWRUVZLWKYLQ\O ZUDSDURXQGPDUNHUV:KHUHPRUHWKDQWZRFRQGXFWRUVUXQWKURXJKDVLQJOHRXWOHWPDUN HDFKFLUFXLWZLWKWKHFRUUHVSRQGLQJFLUFXLWQXPEHUDWWKHSDQHOERDUG &RORUFRGHFRQGXFWRUVVL]HDQGODUJHUXVLQJVSHFLILHGSKDVHFRORUPDUNHUVDQG LGHQWLILFDWLRQWDJV
$OOWHUPLQDOVWULSVDUHWRKDYHHDFKLQGLYLGXDOWHUPLQDOLGHQWLILHGZLWKVSHFLILHGYLQ\O PDUNHUV
$OOLGHQWLILFDWLRQVKDOOEHOHJLEOHDQGUHDGDEOHDIWHUFRPSOHWLRQRILQVWDOODWLRQ 3URYLGHODEHOLQJIRUDOOVZLWFKHVDQGUHFHSWDFOHRXWOHWV6HOIDGKHULQJPDFKLQHFOHDUWDSH ZLWKEODFNOHWWHUV
,167$//$7,21
$ 5RXWHZLUHDQGFDEOHDVUHTXLUHGWRPHHWSURMHFWFRQGLWLRQV :LUHDQGFDEOHURXWLQJLQGLFDWHGLVDSSUR[LPDWHXQOHVVGLPHQVLRQHG :KHUHZLUHDQGFDEOHGHVWLQDWLRQLVLQGLFDWHGDQGURXWLQJLVQRWVKRZQGHWHUPLQHH[DFW URXWLQJDQGOHQJWKVUHTXLUHG
,QFOXGHZLUHDQGFDEOHRIOHQJWKVUHTXLUHGWRLQVWDOOFRQQHFWHGGHYLFHVZLWKLQIW
PP
RIORFDWLRQVKRZQ
% ,QVWDOOZLUHDQGFDEOHLQDFFRUGDQFHZLWKWKH1(&$6WDQGDUGRI,QVWDOODWLRQ & 8VHZLULQJPHWKRGVLQGLFDWHG
' 3XOODOOFRQGXFWRUVLQWRUDFHZD\DWVDPHWLPH
( 8VHVXLWDEOHZLUHSXOOLQJOXEULFDQWIRUEXLOGLQJZLUH$:*DQGODUJHU ) 3URWHFWH[SRVHGFDEOHIURPGDPDJH
* 6XSSRUWFDEOHVDERYHDFFHVVLEOHFHLOLQJXVLQJVSULQJPHWDOFOLSVRUPHWDOFDEOHWLHVWRVXSSRUW FDEOHVIURPVWUXFWXUHRUFHLOLQJVXVSHQVLRQV\VWHP'RQRWUHVWFDEOHRQFHLOLQJSDQHOV + 8VHVXLWDEOHFDEOHILWWLQJVDQGFRQQHFWRUV
, 1HDWO\WUDLQDQGODFHZLULQJLQVLGHER[HVHTXLSPHQWDQGSDQHOERDUGV - &OHDQFRQGXFWRUVXUIDFHVEHIRUHLQVWDOOLQJOXJVDQGFRQQHFWRUV . 0DNHVSOLFHVWDSVDQGWHUPLQDWLRQVWRFDUU\IXOODPSDFLW\RIFRQGXFWRUVZLWKQRSHUFHSWLEOH WHPSHUDWXUHULVH
/ 7HUPLQDWHDOXPLQXPFRQGXFWRUVZLWKWLQSODWHGDOXPLQXPERGLHGFRPSUHVVLRQFRQQHFWRUVRQO\ )LOOZLWKDQWLR[LGDQWFRPSRXQGEHIRUHLQVWDOOLQJFRQGXFWRU
%$6,&0$7(5,$/$1'
0(7+2'6
0 8VHVXLWDEOHUHGXFLQJFRQQHFWRUVRUPHFKDQLFDOFRQQHFWRUDGDSWRUVIRUFRQQHFWLQJDOXPLQXP FRQGXFWRUVWRFRSSHUFRQGXFWRUV
1 8VHVSOLWEROWFRQQHFWRUVIRUFRSSHUFRQGXFWRUVSOLFHVDQGWDSV$:*DQGODUJHU7DSH XQLQVXODWHGFRQGXFWRUVDQGFRQQHFWRUZLWKHOHFWULFDOWDSHWRSHUFHQWRILQVXODWLRQUDWLQJRI FRQGXFWRU
2 8VHVROGHUOHVVSUHVVXUHFRQQHFWRUVZLWKLQVXODWLQJFRYHUVIRUFRSSHUFRQGXFWRUVSOLFHVDQG WDSV$:*DQGVPDOOHU
3 8VHLQVXODWHGVSULQJZLUHFRQQHFWRUVZLWKSODVWLFFDSVIRUFRSSHUFRQGXFWRUVSOLFHVDQGWDSV $:*DQGVPDOOHU
4 7UHQFKDQGEDFNILOOIRUGLUHFWEXULDOFDEOHLQVWDOODWLRQDVVSHFLILHGLQ8QGHUJURXQG6WUXFWXUH 6HFWLRQ,QVWDOOZDUQLQJWDSHDORQJHQWLUHOHQJWKRIGLUHFWEXULDOFDEOH 5 ,GHQWLI\DQGFRORUFRGHZLUHDQGFDEOH,GHQWLI\HDFKFRQGXFWRUZLWKLWVFLUFXLWQXPEHURURWKHU GHVLJQDWLRQLQGLFDWHG
(/(&75,&$/&211(&7,216
$ 0DNHHOHFWULFDOFRQQHFWLRQVLQDFFRUGDQFHZLWKHTXLSPHQWPDQXIDFWXUHU VLQVWUXFWLRQV
% 0DNHFRQGXLWFRQQHFWLRQVWRHTXLSPHQWXVLQJIOH[LEOHFRQGXLW8VHOLTXLGWLJKWIOH[LEOHFRQGXLW ZLWKZDWHUWLJKWFRQQHFWRUVLQGDPSRUZHWORFDWLRQV
& &RQQHFWKHDWSURGXFLQJHTXLSPHQWXVLQJZLUHDQGFDEOHZLWKLQVXODWLRQVXLWDEOHIRU WHPSHUDWXUHVHQFRXQWHUHG
' 3URYLGHUHFHSWDFOHRXWOHWWRDFFRPPRGDWHFRQQHFWLRQZLWKDWWDFKPHQWSOXJ ( 3URYLGHFRUGDQGFDSZKHUHILHOGVXSSOLHGDWWDFKPHQWSOXJLVUHTXLUHG ) ,QVWDOOVXLWDEOHVWUDLQUHOLHIFODPSVDQGILWWLQJVIRUFRUGFRQQHFWLRQVDWRXWOHWER[HVDQG HTXLSPHQWFRQQHFWLRQER[HV
* ,QVWDOOGLVFRQQHFWVZLWFKHVFRQWUROOHUVFRQWUROVWDWLRQVDQGFRQWUROGHYLFHVWRFRPSOHWH HTXLSPHQWZLULQJUHTXLUHPHQWV
+ ,QVWDOOWHUPLQDOEORFNMXPSHUVWRFRPSOHWHHTXLSPHQWZLULQJUHTXLUHPHQWV , ,QVWDOOLQWHUFRQQHFWLQJFRQGXLWDQGZLULQJEHWZHHQGHYLFHVDQGHTXLSPHQWWRFRPSOHWH HTXLSPHQWZLULQJUHTXLUHPHQWV
,167$//$7,212)%2;(6
$ *HQHUDO
/HDYHQRXQXVHGRSHQLQJVLQDQ\ER[,QVWDOOFORVHXSSOXJVDVUHTXLUHGWRVHDO RSHQLQJV
([SRVHGRXWOHWER[HVDQGER[HVLQGDPSRUZHWORFDWLRQVVKDOOEHFDVWPHWDOZLWK JDVNHWHGFDVWPHWDOFRYHUSODWHV
% %R[/D\RXW
2XWOHWER[HVVKDOOEHLQVWDOOHGDWWKHORFDWLRQVDQGHOHYDWLRQVVKRZQRQWKHGUDZLQJVRU VSHFLILHGKHUHLQ0DNHDGMXVWPHQWVWRORFDWLRQVDVUHTXLUHGE\VWUXFWXUDOFRQGLWLRQVDQGWR VXLWFRRUGLQDWLRQUHTXLUHPHQWVRIRWKHUWUDGHV
,QVWDOOMXQFWLRQRUSXOOER[HVZKHUHUHTXLUHGWROLPLWEHQGVLQFRQGXLWUXQVWRQRWPRUHWKDQ GHJUHHVRUZKHUHSXOOLQJWHQVLRQDFKLHYHGZRXOGH[FHHGWKHPD[LPXPDOORZDEOHIRU WKHFDEOHWREHLQVWDOOHG&RQVXOWZLUHDQGFDEOHPDQXIDFWXUHU ,167$//$7,212):,5,1*'(9,&(6
$ *HQHUDO
,QVWDOODOOGHYLFHVIOXVKPRXQWHGXQOHVVRWKHUZLVHQRWHGRQWKHGUDZLQJV&RPSO\ZLWK OD\RXWGUDZLQJVIRUJHQHUDOORFDWLRQV&RQVXOW$UFKLWHFWRU2ZQHU V5HSUHVHQWDWLYHIRU
ORFDWLRQVWKDWKDYHFRQIOLFWZLWKRWKHUGHYLFHVRUPDQQHUQRWVXLWDEOHIRULQVWDOODWLRQ$YRLG SODFLQJGHYLFHVEHKLQGRSHQGRRUV
$OLJQGHYLFHVKRUL]RQWDOO\DQGYHUWLFDOO\'HYLFHSODWHVVKDOOEHDOLJQHGYHUWLFDOO\ZLWK WROHUDQFHRI$OOIRXUHGJHVRIGHYLFHSODWHVVKDOOEHLQFRQWDFWZLWKWKHZDOOVXUIDFH
%$6,&0$7(5,$/$1'
0(7+2'6
0RXQWLQJKHLJKWDVLQGLFDWHGRQWKHGUDZLQJVDQGDFFRUGLQJWR$'$UHTXLUHPHQWV ,QVWDOOGHYLFHSODWHVRQDOORXWOHWER[HV3URYLGHEODQNSODWHVIRUDOOHPSW\VSDUHDQG ER[HVIRUIXWXUHXVH
6HFXUHO\IDVWHQGHYLFHVLQWRER[HVDQGDWWDFKDSSURSULDWHFRYHUSODWHV &DXONDURXQGHGJHVRURXWGRRUGHYLFHSODWHVDQGER[HVZKHQURXJKZDOOVXUIDFHVSUHYHQW UDLQWLJKWVHDO8VHFDXONLQJPDWHULDOVDSSURYHGE\$UFKLWHFW)LUHSURRIDURXQGRSHQLQJRI GHYLFHVORFDWHGRUSHQHWUDWLQJILUHUDWHGFRQVWUXFWLRQDVVHPEOLHV )LUHSURRIDURXQGRSHQLQJRIGHYLFHVORFDWHGRUSHQHWUDWLQJILUHUDWHGFRQVWUXFWLRQ DVVHPEOLHV
% 6ZLWFKHV
:KHUHVZLWFKHVDUHLQGLFDWHGWREHLQVWDOOHGQHDUGRRUVFRUQHUZDOOVHWFPRXQWQRWOHVV WKDQLQFKHVDQGQRWPRUHWKDQIURPWULP9HULI\H[DFWORFDWLRQZLWK$UFKLWHFWRU (QJLQHHUSULRUWRURXJKLQ
&RRUGLQDWHWKHORFDWLRQRIVZLWFKHVWRLQVXUHORFDWLRQVDWWKHVWULNHVLGHRIGRRUV )XUQLVKDQGLQVWDOOHQJUDYHGOHJHQGRIHDFKVZLWFKWKDWFRQWUROVH[KDXVWIDQVPRWRUV HTXLSPHQWV\VWHPVHWFQRWORFDWHGZLWKLQVLJKWRIWKHFRQWUROOLQJVZLWFK *DQJLQJRI6ZLWFKHVSURYLGHEDUULHUVIRUVZLWFKHVRIGLIIHUHQFHSKDVHVDQGYROWDJHV 2WKHUZLVHVZLWFKHVVKDOOEHJDXJHGLQRQHIDFHSODWH
& 5HFHSWDFOHV
0RXQWUHFHSWDFOHVYHUWLFDOO\ZLWK8VKDSHGJURXQGSRVLWLRQRQERWWRP 'RQRWFRPELQH*)&,SURWHFWHGFLUFXLWVZLWKRWKHUFLUFXLWVLQWKHVDPHUDFHZD\/LPLW QXPEHURI*),SURWHFWFLUFXLWVLQDQ\RQHUDFHZD\WRDPD[LPXPRIRQH
FLUFXLW
' ,GHQWLILFDWLRQ
/DEHODOORXWOHWVDQGVZLWFKHV0DUNHDFKZLULQJGHYLFHZKHUHFLUFXLWVDQGSDQHOVXSSO\LV GHULYHGIURP
$OOLGHQWLILFDWLRQVKDOOEHOHJLEOHDQGUHDGDEOHDIWHUFRPSOHWLRQRILQVWDOODWLRQ ,167$//$7,212))86(6$1'',6&211(&76:,7&+(6
$ )XVHVVKDOOEHLQVWDOOHGZKHUHQRWHGRQSODQV6L]HVDUHEDVHGRQGHVLJQGDWDSURYLGHGE\ HTXLSPHQWPIJ/LVWHGRUODEHOHGHTXLSPHQWPXVWEHLQDFFRUGDQFHZLWKLQVWUXFWLRQVLQFOXGHG LQWKHOLVWLQJRUODEHOLQJ%HVXUHWRREVHUYHPD[LPXPEUDQFKFLUFXLWIXVHVL]HODEHOV % 'LVFRQQHFWVZLWFKHVVKDOOEHPRXQWHGRQWKHHTXLSPHQWZKHUHSRVVLEOH&RRUGLQDWHZLWK PHFKDQLFDOFRQWUDFWRUWRHQVXUHVZLWFKHVDUHQRWPRXQWHGRQDUHPRYDEOHDFFHVVSDQHO & /DEHOHDFKGLVFRQQHFWIXVHZLWKHTXLSPHQWWDJDVLQGLFDWHGLQWKHVLQJOHOLQHGLDJUDPRUDV GLUHFWHG
(/(&75,&$/(48,30(17*5281',1*
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
%$6,&0$7(5,$/$1'
0(7+2'6
( &RQGXLWWHUPLQDWLQJLQFRQFHQWULFNQRFNRXWVDWSDQHOERDUGVFDELQHWVDQGJXWWHUVVKDOOKDYH LQVXODWHGJURXQGLQJEXVKLQJVDQGERQGLQJMXPSHUVLQVWDOOHGLQWHUFRQQHFWLQJDOOVXFKFRQGXLWV DQGWKHSDQHOERDUGFDELQHWJXWWHUHWF
) 3HUIRUPDQFH
0HDVXUHWKHUHVLVWDQFHWRJURXQGRIHDFKJURXQGURGEHIRUHFRQQHFWLRQWRWKHRWKHU JURXQGURGV7KHUHVLVWDQFHVKDOOQRWH[FHHGRKPV
D $VLQJOHHOHFWURGHZKLFKGRHVQRWKDYHDUHVLVWDQFHWRJURXQGRIRKPVRUOHVV VKDOOEHDXJPHQWHGE\DGGLWLRQDOHOHFWURGH
V
0HDVXUHWKHUHVLVWDQFHWRJURXQGRIWKHWRWDOJURXQGV\VWHPZLWKDOOFRQQHFWLRQV FRPSOHWHG7KHUHVLVWDQFHVKDOOQRWH[FHHGRKPVIRUSULPDU\VHUYLFHVRURKPVIRU VHFRQGDU\VHUYLFHV
7HVWVRIWKHUHVLVWDQFHWRJURXQGVKDOOEHPDGHXVLQJHLWKHUWKHWKUHHSRLQWPHWKRGRUWKH IDOORISRWHQWLDOPHWKRG
3HUIRUPDFRQWLQXLW\FKHFNIURPHTXLSPHQWJURXQGEXVEDUVDQGJURXQGOXJVWRWKHJURXQG V\VWHP
%21',1*
$ %RQGLQJVKDOOEHSURYLGHGWRDVVXUHHOHFWULFDOFRQWLQXLW\DQGWKHFDSDFLW\WRFRQGXFWVDIHO\DQ\ IDXOWFXUUHQWOLNHO\WREHLPSRVHG
% %RQGLQJVKDOOEHLQDFFRUGDQFHZLWK1(&$UWLFOH3DUW9 :25.0$16+,3
$ 3UHSDUDWLRQKDQGOLQJDQGLQVWDOODWLRQVKDOOEHLQDFFRUGDQFHZLWKPDQXIDFWXUHU VZULWWHQ
LQVWUXFWLRQVDQGWHFKQLFDOGDWDSDUWLFXODUWRWKHSURGXFWVSHFLILHGDQGRUDFFHSWHGHTXDOH[FHSW DVRWKHUZLVHVSHFLILHG&RRUGLQDWHZRUNDQGFRRSHUDWHZLWKRWKHUVLQIXUQLVKLQJDQGSODFLQJ WKLVZRUN:RUNWRUHYLHZHGVKRSGUDZLQJVIRUZRUNGRQHE\RWKHUVDQGWRILHOGPHDVXUHPHQWV DVQHFHVVDU\WRSURSHUO\ILWWKHZRUN
% &RQIRUPWRWKH1DWLRQDO(OHFWULFDO&RQWUDFWRU
V$VVRFLDWLRQ6WDQGDUGRI,QVWDOODWLRQIRUJHQHUDO
LQVWDOODWLRQSUDFWLFH
,167$//$7,21
$ ,QVWDOOLQDFFRUGDQFHZLWKPDQXIDFWXUHU
VLQVWUXFWLRQV
(1'2)6(&7,21
*5281',1*$1'%21',1*
)25(/(&75,&$/6<67(06
6(&7,21
*5281',1*$1'%21',1*)25(/(&75,&$/6<67(06
3$57352'8&76
*5281',1*$1'%21',1*5(48,5(0(176
$ 'RQRWXVHSURGXFWVIRUDSSOLFDWLRQVRWKHUWKDQDVSHUPLWWHGE\1)3$DQGSURGXFWOLVWLQJ % 8QOHVVVSHFLILFDOO\LQGLFDWHGWREHH[FOXGHGSURYLGHDOOUHTXLUHGFRPSRQHQWVFRQGXFWRUV FRQQHFWRUVFRQGXLWER[HVILWWLQJVVXSSRUWVDFFHVVRULHVHWFDVQHFHVVDU\IRUDFRPSOHWH JURXQGLQJDQGERQGLQJV\VWHP
& :KHUHFRQGXFWRUVL]HLVQRWLQGLFDWHGVL]HWRFRPSO\ZLWK1)3$EXWQRWOHVVWKDQDSSOLFDEOH PLQLPXPVL]HUHTXLUHPHQWVVSHFLILHG
' *URXQGLQJ(OHFWURGH6\VWHP
3URYLGHFRQQHFWLRQWRUHTXLUHGDQGVXSSOHPHQWDOJURXQGLQJHOHFWURGHVLQGLFDWHGWRIRUP JURXQGLQJHOHFWURGHV\VWHP
D 3URYLGHFRQWLQXRXVJURXQGLQJHOHFWURGHFRQGXFWRUVZLWKRXWVSOLFHRUMRLQW E ,QVWDOOJURXQGLQJHOHFWURGHFRQGXFWRUVLQUDFHZD\ZKHUHH[SRVHGWRSK\VLFDO GDPDJH%RQGJURXQGLQJHOHFWURGHFRQGXFWRUWRPHWDOOLFUDFHZD\VDWHDFKHQGZLWK ERQGLQJMXPSHU
( 6HSDUDWHO\'HULYHG6\VWHP*URXQGLQJ
3URYLGHJURXQGLQJHOHFWURGHFRQGXFWRUWRFRQQHFWGHULYHGV\VWHPJURXQGHGFRQGXFWRUWR QHDUHVWHIIHFWLYHO\JURXQGHGPHWDOEXLOGLQJIUDPH8QOHVVRWKHUZLVHLQGLFDWHGPDNH FRQQHFWLRQDWQHXWUDO
JURXQGHG
EXVLQVRXUFHHQFORVXUH
3URYLGHERQGLQJMXPSHUWRFRQQHFWGHULYHGV\VWHPJURXQGHGFRQGXFWRUWRQHDUHVWPHWDO EXLOGLQJIUDPHDQGQHDUHVWPHWDOZDWHUSLSLQJLQWKHDUHDVHUYHGE\WKHGHULYHGV\VWHP ZKHUHQRWDOUHDG\XVHGDVDJURXQGLQJHOHFWURGHIRUWKHGHULYHGV\VWHP0DNHFRQQHFWLRQ DWVDPHORFDWLRQDVJURXQGLQJHOHFWURGHFRQGXFWRUFRQQHFWLRQ 3URYLGHV\VWHPERQGLQJMXPSHUWRFRQQHFWV\VWHPJURXQGHGFRQGXFWRUWRHTXLSPHQW JURXQGEXV0DNHFRQQHFWLRQDWVDPHORFDWLRQDVJURXQGLQJHOHFWURGHFRQGXFWRU FRQQHFWLRQ'RQRWPDNHDQ\RWKHUFRQQHFWLRQVEHWZHHQQHXWUDO
JURXQGHG
FRQGXFWRUV
DQGJURXQGRQORDGVLGHRIVHSDUDWHO\GHULYHGV\VWHPGLVFRQQHFW :KHUHWKHVRXUFHDQGILUVWGLVFRQQHFWLQJPHDQVDUHLQVHSDUDWHHQFORVXUHVSURYLGH VXSSO\VLGHERQGLQJMXPSHUEHWZHHQVRXUFHDQGILUVWGLVFRQQHFWLQJPHDQV ) %RQGLQJDQG(TXLSPHQW*URXQGLQJ
3URYLGHERQGLQJIRUHTXLSPHQWJURXQGLQJFRQGXFWRUVHTXLSPHQWJURXQGEXVVHVPHWDOOLF HTXLSPHQWHQFORVXUHVPHWDOOLFUDFHZD\VDQGER[HVGHYLFHJURXQGLQJWHUPLQDOVDQG RWKHUQRUPDOO\QRQFXUUHQWFDUU\LQJFRQGXFWLYHPDWHULDOVHQFORVLQJHOHFWULFDO FRQGXFWRUVHTXLSPHQWRUOLNHO\WREHFRPHHQHUJL]HGDVLQGLFDWHGDQGLQDFFRUGDQFHZLWK 1)3$
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
JURXQGHG
RULVRODWHGLQVXODWHGJURXQGEXV
3URYLGHERQGLQJMXPSHUDFURVVH[SDQVLRQRUH[SDQVLRQGHIOHFWLRQILWWLQJVSURYLGHGWR DFFRPPRGDWHFRQGXLWPRYHPHQW
*5281',1*$1'%21',1*&20321(176
$ *HQHUDO5HTXLUHPHQWV
3URYLGHSURGXFWVOLVWHGFODVVLILHGDQGODEHOHGDVVXLWDEOHIRUWKHSXUSRVHLQWHQGHG 3URYLGHSURGXFWVOLVWHGDQGODEHOHGDVFRPSO\LQJZLWK8/ZKHUHDSSOLFDEOH
*5281',1*$1'%21',1*
)25(/(&75,&$/6<67(06
% &RQGXFWRUVIRU*URXQGLQJDQG%RQGLQJLQ$GGLWLRQWR5HTXLUHPHQWVRI6HFWLRQ
8VHLQVXODWHGFRSSHUFRQGXFWRUVXQOHVVRWKHUZLVHLQGLFDWHG D ([FHSWLRQV
8VHEDUHFRSSHUFRQGXFWRUVZKHUHLQVWDOOHGXQGHUJURXQGLQGLUHFWFRQWDFWZLWK HDUWK
8VHEDUHFRSSHUFRQGXFWRUVZKHUHGLUHFWO\HQFDVHGLQFRQFUHWH QRWLQ
UDFHZD\
& &RQQHFWRUVIRU*URXQGLQJDQG%RQGLQJ
'HVFULSWLRQ
&RQQHFWRUVDSSURSULDWHIRUWKHDSSOLFDWLRQDQGVXLWDEOHIRUWKHFRQGXFWRUV DQGLWHPVWREHFRQQHFWHG
OLVWHGDQGODEHOHGDVFRPSO\LQJZLWK8/
8QOHVVRWKHUZLVHLQGLFDWHGXVHPHFKDQLFDOFRQQHFWRUVFRPSUHVVLRQFRQQHFWRUVRU H[RWKHUPLFZHOGHGFRQQHFWLRQVIRUDFFHVVLEOHFRQQHFWLRQV 3$57(;(&87,21
(;$0,1$7,21
$ 9HULI\WKDWZRUNOLNHO\WRGDPDJHJURXQGLQJDQGERQGLQJV\VWHPFRPSRQHQWVKDVEHHQ FRPSOHWHG
% 9HULI\WKDWILHOGPHDVXUHPHQWVDUHDVLQGLFDWHG
& 9HULI\WKDWFRQGLWLRQVDUHVDWLVIDFWRU\IRULQVWDOODWLRQSULRUWRVWDUWLQJZRUN ,167$//$7,21
$ ,QVWDOOSURGXFWVLQDFFRUGDQFHZLWKPDQXIDFWXUHU
VLQVWUXFWLRQV
% 3HUIRUPZRUNLQDFFRUGDQFHZLWK1(&$
JHQHUDOZRUNPDQVKLS
& 0DNHJURXQGLQJDQGERQGLQJFRQQHFWLRQVXVLQJVSHFLILHGFRQQHFWRUV 5HPRYHDSSURSULDWHDPRXQWRIFRQGXFWRULQVXODWLRQIRUPDNLQJFRQQHFWLRQVZLWKRXW FXWWLQJQLFNLQJRUGDPDJLQJFRQGXFWRUV'RQRWUHPRYHFRQGXFWRUVWUDQGVWRIDFLOLWDWH LQVHUWLRQLQWRFRQQHFWRU
5HPRYHQRQFRQGXFWLYHSDLQWHQDPHORUVLPLODUFRDWLQJDWWKUHDGVFRQWDFWSRLQWVDQG FRQWDFWVXUIDFHV
([RWKHUPLF:HOGV
0DNHFRQQHFWLRQVXVLQJPROGVDQGZHOGPDWHULDOVXLWDEOHIRUWKH LWHPVWREHFRQQHFWHGLQDFFRUGDQFHZLWKPDQXIDFWXUHU
VUHFRPPHQGDWLRQV
0HFKDQLFDO&RQQHFWRUV
6HFXUHFRQQHFWLRQVDFFRUGLQJWRPDQXIDFWXUHU
VUHFRPPHQGHG
WRUTXHVHWWLQJV
&RPSUHVVLRQ&RQQHFWRUV
6HFXUHFRQQHFWLRQVXVLQJPDQXIDFWXUHU
VUHFRPPHQGHGWRROV
DQGGLHV
' ,GHQWLI\JURXQGLQJDQGERQGLQJV\VWHPFRPSRQHQWVLQDFFRUGDQFHZLWK6HFWLRQ ),(/'48$/,7<&21752/
$ ,QVSHFWDQGWHVWLQDFFRUGDQFHZLWK1(7$$76H[FHSW6HFWLRQ % 3HUIRUPLQVSHFWLRQVDQGWHVWVOLVWHGLQ1(7$$766HFWLRQ & 3HUIRUPJURXQGHOHFWURGHUHVLVWDQFHWHVWVXQGHUQRUPDOO\GU\FRQGLWLRQV3UHFLSLWDWLRQZLWKLQWKH SUHYLRXVKRXUVGRHVQRWFRQVWLWXWHQRUPDOO\GU\FRQGLWLRQV ' ,QYHVWLJDWHDQGFRUUHFWGHILFLHQFLHVZKHUHPHDVXUHGJURXQGUHVLVWDQFHVGRQRWFRPSO\ZLWK VSHFLILHGUHTXLUHPHQWV
(1'2)6(&7,21
3$1(/%2$5'6
6(&7,21
3$1(/%2$5'6
3$57*(1(5$/
6(&7,21,1&/8'(6
$ 3RZHUGLVWULEXWLRQSDQHOERDUGV
% 2YHUFXUUHQWSURWHFWLYHGHYLFHVIRUSDQHOERDUGV
5(/$7('5(48,5(0(176
$ 6HFWLRQ*URXQGLQJDQG%RQGLQJIRU(OHFWULFDO6\VWHPV % 6HFWLRQ6XUJH3URWHFWLYH'HYLFHV
5()(5(1&(67$1'$5'6
$ 1(&$6WDQGDUGIRU,QVWDOOLQJDQG0DLQWDLQLQJ3DQHOERDUGV
% 1(0$(QFORVXUHVIRU(OHFWULFDO(TXLSPHQW
9ROWV0D[LPXP
& 1)3$1DWLRQDO(OHFWULFDO&RGH
0RVW5HFHQW(GLWLRQ$GRSWHGE\$XWKRULW\+DYLQJ
-XULVGLFWLRQ,QFOXGLQJ$OO$SSOLFDEOH$PHQGPHQWVDQG6XSSOHPHQWV ' 8/(QFORVXUHVIRU(OHFWULFDO(TXLSPHQW1RQ(QYLURQPHQWDO&RQVLGHUDWLRQV &XUUHQW
(GLWLRQ,QFOXGLQJ$OO5HYLVLRQV
( 8/((QFORVXUHVIRU(OHFWULFDO(TXLSPHQW(QYLURQPHQWDO&RQVLGHUDWLRQV &XUUHQW(GLWLRQ
,QFOXGLQJ$OO5HYLVLRQV
) 8/3DQHOERDUGV
&XUUHQW(GLWLRQ,QFOXGLQJ$OO5HYLVLRQV
* 8/
0ROGHG&DVH&LUFXLW%UHDNHUV0ROGHG&DVH6ZLWFKHVDQG&LUFXLW%UHDNHU (QFORVXUHV
&XUUHQW(GLWLRQ,QFOXGLQJ$OO5HYLVLRQV
$'0,1,675$7,9(5(48,5(0(176
$ &RRUGLQDWLRQ
9HULI\ZLWKPDQXIDFWXUHUWKDWFRQGXFWRUWHUPLQDWLRQVDUHVXLWDEOHIRUXVHZLWKWKH FRQGXFWRUVWREHLQVWDOOHG
1RWLI\$UFKLWHFWRIDQ\FRQIOLFWVZLWKRUGHYLDWLRQVIURP&RQWUDFW'RFXPHQWV2EWDLQ GLUHFWLRQEHIRUHSURFHHGLQJZLWKZRUN
68%0,77$/6
$ 3URGXFW'DWD
3URYLGHPDQXIDFWXUHU
VVWDQGDUGFDWDORJSDJHVDQGGDWDVKHHWVIRU
SDQHOERDUGVHQFORVXUHVRYHUFXUUHQWSURWHFWLYHGHYLFHVDQGRWKHULQVWDOOHGFRPSRQHQWVDQG DFFHVVRULHV
,QFOXGHFKDUDFWHULVWLFWULSFXUYHVIRUHDFKW\SHDQGUDWLQJRIRYHUFXUUHQWSURWHFWLYHGHYLFH XSRQUHTXHVW
% 6KRS'UDZLQJV
,QGLFDWHRXWOLQHDQGVXSSRUWSRLQWGLPHQVLRQVYROWDJHPDLQEXVDPSDFLW\ RYHUFXUUHQWSURWHFWLYHGHYLFHDUUDQJHPHQWDQGVL]HVVKRUWFLUFXLWFXUUHQWUDWLQJVFRQGXLWHQWU\ ORFDWLRQVFRQGXFWRUWHUPLQDOLQIRUPDWLRQDQGLQVWDOOHGIHDWXUHVDQGDFFHVVRULHV ,QFOXGHGLPHQVLRQHGSODQDQGHOHYDWLRQYLHZVRISDQHOERDUGVDQGDGMDFHQWHTXLSPHQWZLWK DOOUHTXLUHGFOHDUDQFHVLQGLFDWHG
,QFOXGHZLULQJGLDJUDPVVKRZLQJDOOIDFWRU\DQGILHOGFRQQHFWLRQV &OHDUO\LQGLFDWHZKHWKHUSURSRVHGVKRUWFLUFXLWFXUUHQWUDWLQJVDUHIXOO\UDWHGRUZKHUH DFFHSWDEOHVHULHVUDWHGV\VWHPV
,GHQWLI\PRXQWLQJFRQGLWLRQVUHTXLUHGIRUHTXLSPHQWVHLVPLFTXDOLILFDWLRQ & 0DQXIDFWXUHU
VHTXLSPHQWVHLVPLFTXDOLILFDWLRQFHUWLILFDWLRQ
' )LHOG4XDOLW\&RQWURO7HVW5HSRUWV
( 0DQXIDFWXUHU
V,QVWDOODWLRQ,QVWUXFWLRQV
,QGLFDWHDSSOLFDWLRQFRQGLWLRQVDQGOLPLWDWLRQVRIXVH VWLSXODWHGE\SURGXFWWHVWLQJDJHQF\,QFOXGHLQVWUXFWLRQVIRUVWRUDJHKDQGOLQJSURWHFWLRQ H[DPLQDWLRQSUHSDUDWLRQDQGLQVWDOODWLRQRISURGXFW
3$1(/%2$5'6
) 3URMHFW5HFRUG'RFXPHQWV
5HFRUGDFWXDOLQVWDOOHGORFDWLRQVRISDQHOERDUGVDQGDFWXDO LQVWDOOHGFLUFXLWLQJDUUDQJHPHQWV
* 0DLQWHQDQFH'DWD
,QFOXGHLQIRUPDWLRQRQUHSODFHPHQWSDUWVDQGUHFRPPHQGHGPDLQWHQDQFH SURFHGXUHVDQGLQWHUYDOV
+ 0DLQWHQDQFH0DWHULDOV
)XUQLVKWKHIROORZLQJIRU2ZQHU
VXVHLQPDLQWHQDQFHRISURMHFW
3DQHOERDUG.H\V
7ZRRIHDFKGLIIHUHQWNH\
48$/,7<$6685$1&(
$ &RPSO\ZLWKUHTXLUHPHQWVRI1)3$
% 0DQXIDFWXUHU4XDOLILFDWLRQV
&RPSDQ\VSHFLDOL]LQJLQPDQXIDFWXULQJWKHSURGXFWVVSHFLILHGLQ WKLVVHFWLRQZLWKPLQLPXPWKUHH\HDUVGRFXPHQWHGH[SHULHQFH '(/,9(5<6725$*($1'+$1'/,1*
$ 5HFHLYHLQVSHFWKDQGOHDQGVWRUHSDQHOERDUGVLQDFFRUGDQFHZLWKPDQXIDFWXUHU VLQVWUXFWLRQV
DQG1(&$
% 6WRUHLQDFOHDQGU\VSDFH0DLQWDLQIDFWRU\ZUDSSLQJRUSURYLGHDQDGGLWLRQDOKHDY\FDQYDVRU KHDY\SODVWLFFRYHUWRSURWHFWXQLWVIURPGLUWZDWHUFRQVWUXFWLRQGHEULVDQGWUDIILF & +DQGOHFDUHIXOO\LQDFFRUGDQFHZLWKPDQXIDFWXUHU
VZULWWHQLQVWUXFWLRQVWRDYRLGGDPDJHWR
SDQHOERDUGLQWHUQDOFRPSRQHQWVHQFORVXUHDQGILQLVK
),(/'&21',7,216
$ 0DLQWDLQDPELHQWWHPSHUDWXUHZLWKLQWKHIROORZLQJOLPLWVGXULQJDQGDIWHULQVWDOODWLRQRI
SDQHOERDUGV
3$57352'8&76
3$1(/%2$5'6*(1(5$/5(48,5(0(176
$ 3URYLGHSURGXFWVOLVWHGFODVVLILHGDQGODEHOHGDVVXLWDEOHIRUWKHSXUSRVHLQWHQGHG % 8QOHVVRWKHUZLVHLQGLFDWHGSURYLGHSURGXFWVVXLWDEOHIRUFRQWLQXRXVRSHUDWLRQXQGHUWKH IROORZLQJVHUYLFHFRQGLWLRQV
$OWLWXGH
/HVVWKDQIHHW
P
$PELHQW7HPSHUDWXUH
& 6KRUW&LUFXLW&XUUHQW5DWLQJ
3URYLGHSDQHOERDUGVZLWKOLVWHGVKRUWFLUFXLWFXUUHQWUDWLQJQRWOHVVWKDQWKHDYDLODEOHIDXOW FXUUHQWDWWKHLQVWDOOHGORFDWLRQDVLQGLFDWHGRQWKHGUDZLQJV ' 0DLQV
&RQILJXUHIRUWRSRUERWWRPLQFRPLQJIHHGDVLQGLFDWHGRUDVUHTXLUHGIRUWKHLQVWDOODWLRQ ( %UDQFK2YHUFXUUHQW3URWHFWLYH'HYLFHV
5HSODFHDEOHZLWKRXWGLVWXUELQJDGMDFHQWGHYLFHV
) %XVVLQJ
6L]HGLQDFFRUGDQFHZLWK8/WHPSHUDWXUHULVHUHTXLUHPHQWV 3URYLGHIXOO\UDWHGQHXWUDOEXVXQOHVVRWKHUZLVHLQGLFDWHGZLWKDVXLWDEOHOXJIRUHDFK IHHGHURUEUDQFKFLUFXLWUHTXLULQJDQHXWUDOFRQQHFWLRQ 3URYLGHVROLGO\ERQGHGHTXLSPHQWJURXQGEXVLQHDFKSDQHOERDUGZLWKDVXLWDEOHOXJIRU HDFKIHHGHUDQGEUDQFKFLUFXLWHTXLSPHQWJURXQGLQJFRQGXFWRU * &RQGXFWRU7HUPLQDWLRQV
6XLWDEOHIRUXVHZLWKWKHFRQGXFWRUVWREHLQVWDOOHG + (QFORVXUHV
&RPSO\ZLWK1(0$DQGOLVWDQGODEHODVFRPSO\LQJZLWK8/DQG8/( (QYLURQPHQW7\SHSHU1(0$
8QOHVVRWKHUZLVHLQGLFDWHGDVVSHFLILHGIRUWKH
IROORZLQJLQVWDOODWLRQORFDWLRQV
D 2XWGRRU/RFDWLRQV
7\SH5
%R[HV
*DOYDQL]HGVWHHOXQOHVVRWKHUZLVHLQGLFDWHG
D 3URYLGHZLULQJJXWWHUVVL]HGWRDFFRPPRGDWHWKHFRQGXFWRUVWREHLQVWDOOHG /RFNDEOH'RRUV
$OOORFNVNH\HGDOLNHXQOHVVRWKHUZLVHLQGLFDWHG
, )XWXUH3URYLVLRQV
3UHSDUHDOOXQXVHGVSDFHVIRUIXWXUHLQVWDOODWLRQRIGHYLFHVLQFOXGLQJ EXVVLQJFRQQHFWRUVPRXQWLQJKDUGZDUHDQGDOORWKHUUHTXLUHGSURYLVLRQV
3$1(/%2$5'6
- 6XUJH3URWHFWLYH'HYLFHV
:KHUHIDFWRU\LQVWDOOHGLQWHUQDOO\PRXQWHGVXUJHSURWHFWLYHGHYLFHV DUHSURYLGHGLQDFFRUGDQFHZLWK6HFWLRQOLVWDQGODEHOSDQHOERDUGVDVDFRPSOHWH DVVHPEO\LQFOXGLQJVXUJHSURWHFWLYHGHYLFH
29(5&855(173527(&7,9('(9,&(6
$ 0ROGHG&DVH&LUFXLW%UHDNHUV
'HVFULSWLRQ
4XLFNPDNHTXLFNEUHDNRYHUFHQWHUWRJJOHWULSIUHHWULSLQGLFDWLQJFLUFXLW EUHDNHUVOLVWHGDQGODEHOHGDVFRPSO\LQJZLWK8/
DQGFRPSO\LQJZLWK)6:&
ZKHUHDSSOLFDEOH
UDWLQJVFRQILJXUDWLRQVDQGIHDWXUHVDVLQGLFDWHGRQWKHGUDZLQJV ,QWHUUXSWLQJ&DSDFLW\
D )XOO\5DWHG6\VWHPV
3URYLGHFLUFXLWEUHDNHUVZLWKLQWHUUXSWLQJFDSDFLW\QRWOHVVWKDQ WKHVKRUWFLUFXLWFXUUHQWUDWLQJLQGLFDWHG
&RQGXFWRU7HUPLQDWLRQV
D /XJ0DWHULDO
$OXPLQXPVXLWDEOHIRUWHUPLQDWLQJDOXPLQXPRUFRSSHUFRQGXFWRUV 0XOWL3ROH&LUFXLW%UHDNHUV
)XUQLVKZLWKFRPPRQWULSIRUDOOSROHV
3$57(;(&87,21
(;$0,1$7,21
$ 9HULI\WKDWILHOGPHDVXUHPHQWVDUHDVLQGLFDWHG
% 9HULI\WKDWWKHUDWLQJVDQGFRQILJXUDWLRQVRIWKHSDQHOERDUGVDQGDVVRFLDWHGFRPSRQHQWVDUH FRQVLVWHQWZLWKWKHLQGLFDWHGUHTXLUHPHQWV
& 9HULI\WKDWPRXQWLQJVXUIDFHVDUHUHDG\WRUHFHLYHSDQHOERDUGV ' 9HULI\WKDWFRQGLWLRQVDUHVDWLVIDFWRU\IRULQVWDOODWLRQSULRUWRVWDUWLQJZRUN ,167$//$7,21
$ ,QVWDOOSURGXFWVLQDFFRUGDQFHZLWKPDQXIDFWXUHU
VLQVWUXFWLRQV
% $UUDQJHHTXLSPHQWWRSURYLGHPLQLPXPFOHDUDQFHVLQDFFRUGDQFHZLWKPDQXIDFWXUHU V
LQVWUXFWLRQVDQG1)3$
& 0RXQWSDQHOERDUGVVXFKWKDWWKHKLJKHVWSRVLWLRQRIDQ\RSHUDWLQJKDQGOHIRUFLUFXLWEUHDNHUVRU VZLWFKHVGRHVQRWH[FHHG
LQFKHV
PP
DERYHWKHIORRURUZRUNLQJSODWIRUP
' 3URYLGHJURXQGLQJDQGERQGLQJLQDFFRUGDQFHZLWK6HFWLRQ ( ,QVWDOODOOILHOGLQVWDOOHGEUDQFKGHYLFHVFRPSRQHQWVDQGDFFHVVRULHV ) 3URYLGHILOOHUSODWHVWRFRYHUXQXVHGVSDFHVLQSDQHOERDUGV (1'2)6(&7,21
(1&/26('&,5&8,7
%5($.(56
6(&7,21
(1&/26('&,5&8,7%5($.(56
3$57*(1(5$/
$'0,1,675$7,9(5(48,5(0(176
$ &RRUGLQDWLRQ
&RRUGLQDWHDUUDQJHPHQWRIHOHFWULFDOHTXLSPHQWZLWKWKHGLPHQVLRQVDQGFOHDUDQFH UHTXLUHPHQWVRIWKHDFWXDOHTXLSPHQWWREHLQVWDOOHG
9HULI\ZLWKPDQXIDFWXUHUWKDWFRQGXFWRUWHUPLQDWLRQVDUHVXLWDEOHIRUXVHZLWKWKH FRQGXFWRUVWREHLQVWDOOHG
1RWLI\$UFKLWHFWRIDQ\FRQIOLFWVZLWKRUGHYLDWLRQVIURP&RQWUDFW'RFXPHQWV2EWDLQ GLUHFWLRQEHIRUHSURFHHGLQJZLWKZRUN
68%0,77$/6
$ 3URGXFW'DWD
3URYLGHPDQXIDFWXUHU
VVWDQGDUGFDWDORJSDJHVDQGGDWDVKHHWVIRUFLUFXLW
EUHDNHUVHQFORVXUHVDQGRWKHULQVWDOOHGFRPSRQHQWVDQGDFFHVVRULHV ,QFOXGHFKDUDFWHULVWLFWULSFXUYHVIRUHDFKW\SHDQGUDWLQJRIFLUFXLWEUHDNHUXSRQUHTXHVW % 6KRS'UDZLQJV
,QGLFDWHRXWOLQHDQGVXSSRUWSRLQWGLPHQVLRQVYROWDJHDQGFXUUHQWUDWLQJV VKRUWFLUFXLWFXUUHQWUDWLQJVFRQGXLWHQWU\ORFDWLRQVFRQGXFWRUWHUPLQDOLQIRUPDWLRQDQGLQVWDOOHG IHDWXUHVDQGDFFHVVRULHV
,QFOXGHGLPHQVLRQHGSODQDQGHOHYDWLRQYLHZVRIHQFORVHGFLUFXLWEUHDNHUVDQGDGMDFHQW HTXLSPHQWZLWKDOOUHTXLUHGFOHDUDQFHVLQGLFDWHG
,QFOXGHZLULQJGLDJUDPVVKRZLQJDOOIDFWRU\DQGILHOGFRQQHFWLRQV &OHDUO\LQGLFDWHZKHWKHUSURSRVHGVKRUWFLUFXLWFXUUHQWUDWLQJVDUHIXOO\UDWHGRUZKHUH DFFHSWDEOHVHULHVUDWHGV\VWHPV
& 0DQXIDFWXUHU
V,QVWDOODWLRQ,QVWUXFWLRQV
,QGLFDWHDSSOLFDWLRQFRQGLWLRQVDQGOLPLWDWLRQVRIXVH VWLSXODWHGE\SURGXFWWHVWLQJDJHQF\,QFOXGHLQVWUXFWLRQVIRUVWRUDJHKDQGOLQJSURWHFWLRQ H[DPLQDWLRQSUHSDUDWLRQLQVWDOODWLRQDQGVWDUWLQJRISURGXFW '(/,9(5<6725$*($1'+$1'/,1*
$ 6WRUHLQDFOHDQGU\VSDFH0DLQWDLQIDFWRU\ZUDSSLQJRUSURYLGHDQDGGLWLRQDOKHDY\FDQYDVRU KHDY\SODVWLFFRYHUWRSURWHFWXQLWVIURPGLUWZDWHUFRQVWUXFWLRQGHEULVDQGWUDIILF % +DQGOHFDUHIXOO\LQDFFRUGDQFHZLWKPDQXIDFWXUHU
VZULWWHQLQVWUXFWLRQVWRDYRLGGDPDJHWR
HQFORVHGFLUFXLWEUHDNHULQWHUQDOFRPSRQHQWVHQFORVXUHDQGILQLVK ),(/'&21',7,216
$ 0DLQWDLQDPELHQWWHPSHUDWXUHEHWZHHQGHJUHHV)
GHJUHHV&
DQGGHJUHHV)
GHJUHHV&
GXULQJDQGDIWHULQVWDOODWLRQRIHQFORVHGFLUFXLWEUHDNHUV 3$57352'8&76
0$18)$&785(56
$ 6FKQHLGHU(OHFWULF
6TXDUH'3URGXFWV
BBBBBB
ZZZVFKQHLGHUHOHFWULFXVVOH
% 6RXUFH/LPLWDWLRQV
)XUQLVKHQFORVHGFLUFXLWEUHDNHUVDQGDVVRFLDWHGFRPSRQHQWVSURGXFHGE\ WKHVDPHPDQXIDFWXUHUDVWKHRWKHUHOHFWULFDOGLVWULEXWLRQHTXLSPHQWXVHGIRUWKLVSURMHFWDQG REWDLQHGIURPDVLQJOHVXSSOLHU
(1&/26('&,5&8,7%5($.(56
$ 'HVFULSWLRQ
8QLWVFRQVLVWLQJRIPROGHGFDVHFLUFXLWEUHDNHUVLQGLYLGXDOO\PRXQWHGLQ HQFORVXUHV
% 3URYLGHSURGXFWVOLVWHGFODVVLILHGDQGODEHOHGDVVXLWDEOHIRUWKHSXUSRVHLQWHQGHG & 8QOHVVRWKHUZLVHLQGLFDWHGSURYLGHSURGXFWVVXLWDEOHIRUFRQWLQXRXVRSHUDWLRQXQGHUWKH IROORZLQJVHUYLFHFRQGLWLRQV
$OWLWXGH
/HVVWKDQIHHW
P
(1&/26('&,5&8,7
%5($.(56
$PELHQW7HPSHUDWXUH
%HWZHHQGHJUHHV)
GHJUHHV&
DQGGHJUHHV)
GHJUHHV&
' 6KRUW&LUFXLW&XUUHQW5DWLQJ
3URYLGHHQFORVHGFLUFXLWEUHDNHUVZLWKOLVWHGVKRUWFLUFXLWFXUUHQWUDWLQJQRWOHVVWKDQWKH DYDLODEOHIDXOWFXUUHQWDWWKHLQVWDOOHGORFDWLRQLQGLFDWHGRQWKHGUDZLQJV ( &RQGXFWRU7HUPLQDWLRQV
6XLWDEOHIRUXVHZLWKWKHFRQGXFWRUVWREHLQVWDOOHG ) 3URYLGHWKHUPDOPDJQHWLFFLUFXLWEUHDNHUVXQOHVVRWKHUZLVHLQGLFDWHG * 3URYLGHHOHFWURQLFWULSFLUFXLWEUHDNHUVZKHUHLQGLFDWHG + 3URYLGHVROLGO\ERQGHGHTXLSPHQWJURXQGEXVLQHDFKHQFORVHGFLUFXLWEUHDNHUZLWKDVXLWDEOH OXJIRUWHUPLQDWLQJHDFKHTXLSPHQWJURXQGLQJFRQGXFWRU , (QFORVXUHV
&RPSO\ZLWK1(0$DQGOLVWDQGODEHODVFRPSO\LQJZLWK8/DQG8/( (QYLURQPHQW7\SHSHU1(0$
8QOHVVRWKHUZLVHLQGLFDWHGDVVSHFLILHGIRUWKH
IROORZLQJLQVWDOODWLRQORFDWLRQV
D 2XWGRRU/RFDWLRQV
7\SH5
)LQLVKIRU3DLQWHG6WHHO(QFORVXUHV
0DQXIDFWXUHU
VVWDQGDUGIDFWRU\DSSOLHGJUH\XQOHVV
RWKHUZLVHLQGLFDWHG
3URYLGHVXUIDFHPRXQWHGHQFORVXUHVXQOHVVRWKHUZLVHLQGLFDWHG - 3URYLGHH[WHUQDOO\RSHUDEOHKDQGOHZLWKPHDQVIRUORFNLQJLQWKH2))SRVLWLRQ 02/'('&$6(&,5&8,7%5($.(56
$ 'HVFULSWLRQ
4XLFNPDNHTXLFNEUHDNRYHUFHQWHUWRJJOHWULSIUHHWULSLQGLFDWLQJFLUFXLW EUHDNHUVOLVWHGDQGODEHOHGDVFRPSO\LQJZLWK8/
DQGFRPSO\LQJZLWK)6:&ZKHUH
DSSOLFDEOH
UDWLQJVFRQILJXUDWLRQVDQGIHDWXUHVDVLQGLFDWHGRQWKHGUDZLQJV % ,QWHUUXSWLQJ&DSDFLW\
3URYLGHFLUFXLWEUHDNHUVZLWKLQWHUUXSWLQJFDSDFLW\DVUHTXLUHGWRSURYLGHWKHVKRUWFLUFXLW FXUUHQWUDWLQJLQGLFDWHG
)XOO\5DWHG6\VWHPV
3URYLGHFLUFXLWEUHDNHUVZLWKLQWHUUXSWLQJFDSDFLW\QRWOHVVWKDQWKH VKRUWFLUFXLWFXUUHQWUDWLQJLQGLFDWHG
& &RQGXFWRU7HUPLQDWLRQV
/XJ0DWHULDO
$OXPLQXPVXLWDEOHIRUWHUPLQDWLQJDOXPLQXPRUFRSSHUFRQGXFWRUV ' 7KHUPDO0DJQHWLF&LUFXLW%UHDNHUV
)RUHDFKSROHIXUQLVKWKHUPDOLQYHUVHWLPHWULSSLQJ
HOHPHQWIRURYHUORDGSURWHFWLRQDQGPDJQHWLFLQVWDQWDQHRXVWULSSLQJHOHPHQWIRUVKRUWFLUFXLW SURWHFWLRQ
3URYLGHILHOGDGMXVWDEOHPDJQHWLFLQVWDQWDQHRXVWULSVHWWLQJIRUFLUFXLWEUHDNHUIUDPHVL]HV DPSHUHVDQGODUJHU
( (OHFWURQLF7ULS&LUFXLW%UHDNHUV
)XUQLVKVROLGVWDWHPLFURSURFHVVRUEDVHGWUXHUPVVHQVLQJ WULSXQLWV
3$57(;(&87,21
(;$0,1$7,21
$ 9HULI\WKDWILHOGPHDVXUHPHQWVDUHDVLQGLFDWHG
% 9HULI\WKDWWKHUDWLQJVRIWKHHQFORVHGFLUFXLWEUHDNHUVDUHFRQVLVWHQWZLWKWKHLQGLFDWHG UHTXLUHPHQWV
& 9HULI\WKDWPRXQWLQJVXUIDFHVDUHUHDG\WRUHFHLYHHQFORVHGFLUFXLWEUHDNHUV ' 9HULI\WKDWFRQGLWLRQVDUHVDWLVIDFWRU\IRULQVWDOODWLRQSULRUWRVWDUWLQJZRUN ,167$//$7,21
$ ,QVWDOOSURGXFWVLQDFFRUGDQFHZLWKPDQXIDFWXUHU
VLQVWUXFWLRQV
% 3HUIRUPZRUNLQDFFRUGDQFHZLWK1(&$
JHQHUDOZRUNPDQVKLS
& $UUDQJHHTXLSPHQWWRSURYLGHPLQLPXPFOHDUDQFHVLQDFFRUGDQFHZLWKPDQXIDFWXUHU V
LQVWUXFWLRQVDQG1)3$
(1&/26('&,5&8,7
%5($.(56
' ([FHSWZKHUHLQGLFDWHGWREHPRXQWHGDGMDFHQWWRWKHHTXLSPHQWWKH\VXSSO\PRXQWHQFORVHG FLUFXLWEUHDNHUVVXFKWKDWWKHKLJKHVWSRVLWLRQRIWKHRSHUDWLQJKDQGOHGRHVQRWH[FHHG
LQFKHV
PP
DERYHWKHIORRURUZRUNLQJSODWIRUP
$'-867,1*
$ $GMXVWWLJKWQHVVRIPHFKDQLFDODQGHOHFWULFDOFRQQHFWLRQVWRPDQXIDFWXUHU VUHFRPPHQGHG
WRUTXHVHWWLQJV
&/($1,1*
$ &OHDQGLUWDQGGHEULVIURPFLUFXLWEUHDNHUHQFORVXUHVDQGFRPSRQHQWVDFFRUGLQJWR
PDQXIDFWXUHU
VLQVWUXFWLRQV
% 5HSDLUVFUDWFKHGRUPDUUHGH[WHULRUVXUIDFHVWRPDWFKRULJLQDOIDFWRU\ILQLVK (1'2)6(&7,21
(1*,1(*(1(5$7256
6(&7,21
(1*,1(*(1(5$7256
3$57*(1(5$/
6(&7,21,1&/8'(6
$ 3DFNDJHGHQJLQHJHQHUDWRUV\VWHPDQGDVVRFLDWHGFRPSRQHQWVDQGDFFHVVRULHV
(QJLQHDQGHQJLQHDFFHVVRU\HTXLSPHQW
$OWHUQDWRU
JHQHUDWRU
*HQHUDWRUVHWFRQWUROV\VWHP
*HQHUDWRUVHWHQFORVXUH
5(/$7('5(48,5(0(176
$ 6HFWLRQ9LEUDWLRQDQG6HLVPLF&RQWUROVIRU(OHFWULFDO6\VWHPV ,QFOXGHVUHTXLUHPHQWVIRUWKHVHLVPLFTXDOLILFDWLRQRIHTXLSPHQWVSHFLILHGLQWKLVVHFWLRQ $'0,1,675$7,9(5(48,5(0(176
$ &RRUGLQDWLRQ
&RRUGLQDWHFRPSDWLELOLW\RIJHQHUDWRUVHWVWREHLQVWDOOHGZLWKZRUNSURYLGHGXQGHURWKHU VHFWLRQVRUE\RWKHUV
&RRUGLQDWHWKHZRUNZLWKRWKHUWUDGHVWRDYRLGSODFHPHQWRIGXFWZRUNSLSLQJHTXLSPHQW RURWKHUSRWHQWLDOREVWUXFWLRQVZLWKLQWKHVSDFHVGHGLFDWHGIRUHQJLQHJHQHUDWRUV\VWHP &RRUGLQDWHDUUDQJHPHQWRIHTXLSPHQWZLWKWKHGLPHQVLRQVDQGFOHDUDQFHUHTXLUHPHQWVRI WKHDFWXDOHTXLSPHQWWREHLQVWDOOHG
&RRUGLQDWHWKHZRUNWRSURYLGHHOHFWULFDOFLUFXLWVVXLWDEOHIRUWKHSRZHUUHTXLUHPHQWVRIWKH DFWXDODX[LOLDU\HTXLSPHQWDQGDFFHVVRULHVWREHLQVWDOOHG 1RWLI\$UFKLWHFWRIDQ\FRQIOLFWVZLWKRUGHYLDWLRQVIURP&RQWUDFW'RFXPHQWV2EWDLQ GLUHFWLRQEHIRUHSURFHHGLQJZLWKZRUN
68%0,77$/6
$ 6HH6HFWLRQ$GPLQLVWUDWLYH5HTXLUHPHQWVIRUVXEPLWWDOSURFHGXUHV % 3URGXFW'DWD
3URYLGHPDQXIDFWXUHU
VVWDQGDUGFDWDORJSDJHVDQGGDWDVKHHWVIRUHDFK
SURGXFWLQFOXGLQJUDWLQJVFRQILJXUDWLRQVGLPHQVLRQVILQLVKHVZHLJKWVVHUYLFHFRQGLWLRQ UHTXLUHPHQWVDQGLQVWDOOHGIHDWXUHV,QFOXGHDOWHUQDWRUVWDUWLQJFDSDELOLWLHVHQJLQHIXHO FRQVXPSWLRQUDWHVDQGFRROLQJFRPEXVWLRQDLUDQGH[KDXVWUHTXLUHPHQWV ,QFOXGHJHQHUDWRUVHWVRXQGOHYHOWHVWGDWD
,QFOXGHFKDUDFWHULVWLFWULSFXUYHVIRURYHUFXUUHQWSURWHFWLYHGHYLFHVXSRQUHTXHVW ,QFOXGHDOWHUQDWRUWKHUPDOGDPDJHFXUYHXSRQUHTXHVW & 6KRS'UDZLQJV
,QFOXGHGLPHQVLRQHGSODQYLHZVDQGVHFWLRQVLQGLFDWLQJORFDWLRQVRIV\VWHP FRPSRQHQWVUHTXLUHGFOHDUDQFHVDQGILHOGFRQQHFWLRQORFDWLRQV,QFOXGHV\VWHP LQWHUFRQQHFWLRQVFKHPDWLFGLDJUDPVVKRZLQJDOOIDFWRU\DQGILHOGFRQQHFWLRQV ,GHQWLI\PRXQWLQJFRQGLWLRQVUHTXLUHGIRUHTXLSPHQWVHLVPLFTXDOLILFDWLRQ ' 0DQXIDFWXUHU
VHTXLSPHQWVHLVPLFTXDOLILFDWLRQFHUWLILFDWLRQ
( )XHO6WRUDJH7DQN&DOFXODWLRQV
,QGLFDWHPD[LPXPUXQQLQJWLPHIRUJHQHUDWRUVHWFRQILJXUDWLRQ SURYLGHG
) 6SHFLPHQ:DUUDQW\
6XEPLWVDPSOHRIPDQXIDFWXUHU
VZDUUDQW\
* (YLGHQFHRITXDOLILFDWLRQVIRULQVWDOOHU
+ 0DQXIDFWXUHU
V,QVWDOODWLRQ,QVWUXFWLRQV
,QGLFDWHDSSOLFDWLRQFRQGLWLRQVDQGOLPLWDWLRQVRIXVH VWLSXODWHGE\SURGXFWWHVWLQJDJHQF\,QFOXGHLQVWUXFWLRQVIRUVWRUDJHKDQGOLQJSURWHFWLRQ H[DPLQDWLRQSUHSDUDWLRQLQVWDOODWLRQDQGRSHUDWLRQRISURGXFW , 0DQXIDFWXUHU
VIDFWRU\HPLVVLRQVFHUWLILFDWLRQ
- 0DQXIDFWXUHU
VFHUWLILFDWLRQWKDWSURGXFWVPHHWRUH[FHHGVSHFLILHGUHTXLUHPHQWV . 6RXUFHTXDOLW\FRQWUROWHVWUHSRUWV
(1*,1(*(1(5$7256
/ 3URYLGH1)3$UHTXLUHGGRFXPHQWDWLRQIURPPDQXIDFWXUHUZKHUHUHTXHVWHGE\DXWKRULWLHV KDYLQJMXULVGLFWLRQLQFOXGLQJEXWQRWOLPLWHGWR
&HUWLILHGSURWRW\SHWHVWV
7RUVLRQDOYLEUDWLRQFRPSDWLELOLW\FHUWLILFDWLRQ
1)3$FRPSOLDQFHFHUWLILFDWLRQ
&HUWLILHGUDWHGORDGWHVWDWUDWHGSRZHUIDFWRU
0 0DQXIDFWXUHU¶VGHWDLOHGILHOGWHVWLQJSURFHGXUHV
1 )LHOGTXDOLW\FRQWUROWHVWUHSRUWV
2 2SHUDWLRQDQG0DLQWHQDQFH'DWD
,QFOXGHGHWDLOHGLQIRUPDWLRQRQV\VWHPRSHUDWLRQHTXLSPHQW SURJUDPPLQJDQGVHWXSUHSODFHPHQWSDUWVDQGUHFRPPHQGHGPDLQWHQDQFHSURFHGXUHVDQG LQWHUYDOV
,QFOXGHFRQWDFWLQIRUPDWLRQIRUHQWLW\WKDWZLOOEHSURYLGLQJFRQWUDFWPDLQWHQDQFHDQG WURXEOHFDOOEDFNVHUYLFH
3 ([HFXWHG:DUUDQW\
6XEPLWGRFXPHQWDWLRQRIILQDOH[HFXWHGZDUUDQW\FRPSOHWHGLQ2ZQHU V
QDPHDQGUHJLVWHUHGZLWKPDQXIDFWXUHU
4 0DLQWHQDQFHFRQWUDFWV
5 3URMHFW5HFRUG'RFXPHQWV
5HFRUGDFWXDOORFDWLRQVRIV\VWHPFRPSRQHQWVLQVWDOOHGFLUFXLWLQJ DUUDQJHPHQWVDQGURXWLQJDQGILQDOHTXLSPHQWVHWWLQJV '(/,9(5<6725$*($1'+$1'/,1*
$ 5HFHLYHLQVSHFWKDQGOHDQGVWRUHJHQHUDWRUVHWVLQDFFRUGDQFHZLWKPDQXIDFWXUHU V
LQVWUXFWLRQVDQG1(&$(*6$
% 6WRUHLQDFOHDQGU\VSDFH0DLQWDLQIDFWRU\ZUDSSLQJRUSURYLGHDQDGGLWLRQDOKHDY\FDQYDVRU KHDY\SODVWLFFRYHUWRSURWHFWXQLWVIURPGLUWZDWHUFRQVWUXFWLRQGHEULVDQGWUDIILF & +DQGOHFDUHIXOO\LQDFFRUGDQFHZLWKPDQXIDFWXUHU
VLQVWUXFWLRQVWRDYRLGGDPDJHWRJHQHUDWRU
VHWFRPSRQHQWVHQFORVXUHDQGILQLVK
),(/'&21',7,216
$ 0DLQWDLQILHOGFRQGLWLRQVZLWKLQPDQXIDFWXUHU
VUHTXLUHGVHUYLFHFRQGLWLRQVGXULQJDQGDIWHU
LQVWDOODWLRQ
3$57352'8&76
0$18)$&785(56
$ 3DFNDJHG(QJLQH*HQHUDWRU6HW%DVLVRI'HVLJQ
.2+/(5
% 3URGXFWVRWKHUWKDQEDVLVRIGHVLJQDUHVXEMHFWWRFRPSOLDQFHZLWKVSHFLILHGUHTXLUHPHQWVDQG SULRUDSSURYDORI(QJLQHHU%\XVLQJSURGXFWVRWKHUWKDQEDVLVRIGHVLJQ&RQWUDFWRUDFFHSWV UHVSRQVLELOLW\IRUFRVWVDVVRFLDWHGZLWKDQ\QHFHVVDU\PRGLILFDWLRQVWRUHODWHGZRUNLQFOXGLQJ DQ\GHVLJQIHHV
& 6RXUFH/LPLWDWLRQV
)XUQLVKHQJLQHJHQHUDWRUVHWVDQGDVVRFLDWHGFRPSRQHQWVDQG DFFHVVRULHVSURGXFHGE\DVLQJOHPDQXIDFWXUHUDQGREWDLQHGIURPDVLQJOHVXSSOLHU 3$&.$*('(1*,1(*(1(5$7256<67(0
$ 3URYLGHQHZHQJLQHJHQHUDWRUV\VWHPFRQVLVWLQJRIDOOUHTXLUHGHTXLSPHQWVHQVRUVFRQGXLW ER[HVZLULQJSLSLQJVXSSRUWVDFFHVVRULHVV\VWHPSURJUDPPLQJHWFDVQHFHVVDU\IRUD FRPSOHWHRSHUDWLQJV\VWHPWKDWSURYLGHVWKHIXQFWLRQDOLQWHQWLQGLFDWHG % 3URYLGHSURGXFWVOLVWHGFODVVLILHGDQGODEHOHGDVVXLWDEOHIRUWKHSXUSRVHLQWHQGHG & 6\VWHP'HVFULSWLRQ
$SSOLFDWLRQ
(PHUJHQF\VWDQGE\
&RQILJXUDWLRQ
6LQJOHSDFNDJHGHQJLQHJHQHUDWRUVHWRSHUDWHGLQGHSHQGHQWO\ QRWLQ
SDUDOOHO
' 3DFNDJHG(QJLQH*HQHUDWRU6HW
7\SH
'LHVHO
FRPSUHVVLRQLJQLWLRQ
(1*,1(*(1(5$7256
3RZHU5DWLQJ
N:VWDQGE\
9ROWDJH
$VLQGLFDWHGRQGUDZLQJV
0DLQ/LQH&LUFXLW%UHDNHU
D 7\SH
7KHUPDOPDJQHWLF
E 7ULS5DWLQJ
6HOHFWDFFRUGLQJWRJHQHUDWRUVHWUDWLQJ
( *HQHUDWRU6HW*HQHUDO5HTXLUHPHQWV
3URWRW\SHWHVWHGLQDFFRUGDQFHZLWK1)3$IRU/HYHOV\VWHPV )DFWRU\DVVHPEOHGZLWKFRPSRQHQWVPRXQWHGRQVXLWDEOHEDVH /LVWDQGODEHOHQJLQHJHQHUDWRUDVVHPEO\DVFRPSO\LQJZLWK8/ 3RZHU)DFWRU
8QOHVVRWKHUZLVHLQGLFDWHGVSHFLILHGSRZHUUDWLQJVDUHDWSRZHUIDFWRU IRUWKUHHSKDVHYROWDJHVDQGSRZHUIDFWRUIRUVLQJOHSKDVHYROWDJHV 3URYLGHVXLWDEOHJXDUGVWRSURWHFWSHUVRQQHOIURPDFFLGHQWDOFRQWDFWZLWKURWDWLQJSDUWV KRWSLSLQJDQGRWKHUSRWHQWLDOVRXUFHVRILQMXU\
0DLQ/LQH&LUFXLW%UHDNHUV
3URYLGHIDFWRU\LQVWDOOHGOLQHVLGHFRQQHFWLRQVZLWKVXLWDEOH OXJVIRUORDGVLGHFRQQHFWLRQV
) 6HLVPLF4XDOLILFDWLRQ
3URYLGHHQJLQHJHQHUDWRUDVVHPEOLHVDQGDVVRFLDWHGFRPSRQHQWV VXLWDEOHIRUDSSOLFDWLRQXQGHUWKHVHLVPLFGHVLJQFULWHULDVSHFLILHGLQ6HFWLRQZKHUH UHTXLUHG,QFOXGHFHUWLILFDWLRQRIFRPSOLDQFHZLWKVXEPLWWDOV * 6HUYLFH&RQGLWLRQV
3URYLGHHQJLQHJHQHUDWRUV\VWHPDQGDVVRFLDWHGFRPSRQHQWVVXLWDEOHIRU RSHUDWLRQXQGHUWKHVHUYLFHFRQGLWLRQVDWWKHLQVWDOOHGORFDWLRQ + 6WDUWLQJDQG/RDG$FFHSWDQFH5HTXLUHPHQWV
&UDQNLQJ0HWKRG
&\FOHFUDQNLQJFRPSO\LQJZLWK1)3$
VHFRQGFUDQNSHULRG
IROORZHGE\VHFRQGUHVWSHULRGZLWKFUDQNLQJOLPLWHUWLPHRXWDIWHUF\FOHV XQOHVV
RWKHUZLVHUHTXLUHG
&UDQNLQJ/LPLWHU7LPH2XW
,IJHQHUDWRUVHWIDLOVWRVWDUWDIWHUVSHFLILHGFUDQNLQJSHULRG LQGLFDWHRYHUFUDQNDODUPFRQGLWLRQDQGORFNRXWJHQHUDWRUVHWIURPIXUWKHUFUDQNLQJXQWLO PDQXDOO\UHVHW
6WDUW7LPH
&DSDEOHRIVWDUWLQJDQGDFKLHYLQJFRQGLWLRQVQHFHVVDU\IRUORDGDFFHSWDQFH ZLWKLQVHFRQGV
1)3$7\SH
0D[LPXP/RDG6WHS
6XSSRUWVSHUFHQWRIUDWHGORDGLQRQHVWHS
, ([KDXVW(PLVVLRQV5HTXLUHPHQWV
&RPSO\ZLWKIHGHUDO
7LHU(3$
VWDWHDQGORFDOUHJXODWLRQVDSSOLFDEOHDWWKHWLPHRI
FRPPLVVLRQLQJ
LQFOXGHIDFWRU\HPLVVLRQVFHUWLILFDWLRQZLWKVXEPLWWDOV 'RQRWPDNHPRGLILFDWLRQVDIIHFWLQJJHQHUDWRUVHWIDFWRU\HPLVVLRQVFHUWLILFDWLRQZLWKRXW DSSURYDORIPDQXIDFWXUHUDQG(QJLQHHU:KHUHVXFKPRGLILFDWLRQVDUHPDGHSURYLGHILHOG HPLVVLRQVWHVWLQJDVQHFHVVDU\IRUFHUWLILFDWLRQ
- 6RXQG/HYHO5HTXLUHPHQWV
'RQRWH[FHHGG%$ZKHQPHDVXUHGDWIHHW
P
IURPJHQHUDWRUVHWLQIUHHILHOG
QR
VRXQGEDUULHUV
ZKLOHRSHUDWLQJDWIXOOORDG
LQFOXGHPDQXIDFWXUHU
VVRXQGGDWDZLWK
VXEPLWWDOV
(1*,1($1'(1*,1($&&(6625<(48,30(17
$ 3URYLGHHQJLQHZLWKDGHTXDWHKRUVHSRZHUWRDFKLHYHVSHFLILHGSRZHURXWSXWDWUDWHGVSHHG DFFRXQWLQJIRUDOWHUQDWRUHIILFLHQF\DQGSDUDVLWLFORDGV % (QJLQH)XHO6\VWHP'LHVHO
&RPSUHVVLRQ,JQLWLRQ
)XHO6RXUFH
'LHVHO$670'
1R'RUDSSURYHGFROGZHDWKHUGLHVHOEOHQGV
)XHO6WRUDJH
6XEEDVHIXHOWDQN
(QJLQH)XHO6XSSO\
3URYLGHHQJLQHGULYHQSRVLWLYHGLVSODFHPHQWIXHOSXPSZLWK UHSODFHDEOHIXHOILOWHU
V
ZDWHUVHSDUDWRUFKHFNYDOYHWRVHFXUHSULPHPDQXDOIXHO SULPLQJSXPSDQGUHOLHIE\SDVVYDOYH3URYLGHIXHOFRROHUZKHUHUHFRPPHQGHGE\ PDQXIDFWXUHU
(QJLQH)XHO&RQQHFWLRQV
3URYLGHVXLWDEOHDSSURYHGIOH[LEOHIXHOOLQHVIRUFRXSOLQJHQJLQH WRIXHOVRXUFH
(1*,1(*(1(5$7256
6XE%DVH)XHO7DQN
D 3URYLGHVXEEDVHPRXQWHGGRXEOHZDOOIXHOWDQNZLWKVHFRQGDU\FRQWDLQPHQW OLVWHG
DQGODEHOHGDVFRPSO\LQJZLWK8/
E 7DQN&DSDFLW\
6L]HIRUPLQLPXPRIKRXUVRIFRQWLQXRXVHQJLQHJHQHUDWRU RSHUDWLRQDWSHUFHQWUDWHGORDGEXWQRWODUJHUWKDQSHUPLVVLEOHE\DSSOLFDEOH FRGHV
F )HDWXUHV
'LUHFWUHDGLQJIXHOOHYHOJDXJH
1RUPDODWPRVSKHULFYHQW
(PHUJHQF\SUHVVXUHUHOLHIYHQW
)XHOILOORSHQLQJZLWKORFNDEOHFDS
'HGLFDWHGHOHFWULFDOFRQGXLWVWXEXSDUHD
/RZIXHOOHYHOVZLWFK
/HDNGHWHFWLRQVZLWFK
ORFDWHGZLWKLQVHFRQGDU\FRQWDLQPHQWLQWHUVWLWLDOVSDFHIRU GHWHFWLRQRISULPDU\WDQNIXHOOHDN
& (QJLQH6WDUWLQJ6\VWHP
6\VWHP7\SH
(OHFWULFZLWK'&VROHQRLGDFWLYDWHGVWDUWLQJPRWRU
V
%DWWHU\
V
D %DWWHU\7\SH
/HDGDFLG
E %DWWHU\&DSDFLW\
6L]HDFFRUGLQJWRPDQXIDFWXUHU
VUHFRPPHQGDWLRQVIRUDFKLHYLQJ
VWDUWLQJDQGORDGDFFHSWDQFHUHTXLUHPHQWVXQGHUZRUVWFDVHDPELHQWWHPSHUDWXUH
FDSDEOHRISURYLGLQJFUDQNLQJWKURXJKWZRFRPSOHWHSHULRGVRIFUDQNLQJOLPLWHU WLPHRXWVZLWKRXWUHFKDUJLQJ
F 3URYLGHEDWWHU\UDFNFDEOHVDQGFRQQHFWRUVVXLWDEOHIRUWKHVXSSOLHGEDWWHU\ V
VL]H
EDWWHU\FDEOHVDFFRUGLQJWRPDQXIDFWXUHU
VUHFRPPHQGDWLRQVIRUFDEOHOHQJWKWREH
LQVWDOOHG
%DWWHU\&KDUJLQJ$OWHUQDWRU
(QJLQHGULYHQZLWKLQWHJUDOVROLGVWDWHYROWDJHUHJXODWLRQ %DWWHU\&KDUJHU
D 3URYLGHGXDOUDWHEDWWHU\FKDUJHUZLWKDXWRPDWLFIORDWDQGHTXDOL]HFKDUJLQJPRGHV DQGPLQLPXPUDWLQJRIDPSV
VXLWDEOHIRUPDLQWDLQLQJWKHVXSSOLHGEDWWHU\
V
DWIXOO
FKDUJHZLWKRXWPDQXDOLQWHUYHQWLRQ
E &DSDEOHRIUHWXUQLQJVXSSOLHGEDWWHU\
V
IURPIXOO\GLVFKDUJHGWRIXOO\FKDUJHG
FRQGLWLRQZLWKLQKRXUVDVUHTXLUHGE\1)3$IRU/HYHODSSOLFDWLRQVZKLOH FDUU\LQJQRUPDOORDGV
F 5HFRJQL]HGDVFRPSO\LQJZLWK8/
G )XUQLVKHGZLWKLQWHJUDORYHUFXUUHQWSURWHFWLRQ
FXUUHQWOLPLWHGWRSURWHFWFKDUJHUGXULQJ
HQJLQHFUDQNLQJ
UHYHUVHSRODULW\SURWHFWLRQ
H 3URYLGHLQWHJUDO'&RXWSXWDPPHWHUDQGYROWPHWHUZLWKILYHSHUFHQWDFFXUDF\ I 3URYLGHDODUPRXWSXWFRQWDFWVDVQHFHVVDU\IRUDODUPLQGLFDWLRQV %DWWHU\+HDWHU
3URYLGHWKHUPRVWDWLFDOO\FRQWUROOHGEDWWHU\KHDWHUWRLPSURYHVWDUWLQJ XQGHUFROGDPELHQWFRQGLWLRQV
' (QJLQH6SHHG&RQWURO6\VWHP
*RYHUQRU
6LQJOH(QJLQH*HQHUDWRU6HWV
1RW2SHUDWHGLQ3DUDOOHO
3URYLGHHOHFWURQLFLVRFKURQRXV
JRYHUQRUIRUFRQWUROOLQJHQJLQHVSHHGDOWHUQDWRUIUHTXHQF\ )UHTXHQF\5HJXODWLRQ(OHFWURQLF,VRFKURQRXV*RYHUQRUV 1RFKDQJHLQIUHTXHQF\IURP
QRORDGWRIXOOORDG
SOXVPLQXVSHUFHQWDWVWHDG\VWDWH
( (QJLQH/XEULFDWLRQ6\VWHP
6\VWHP7\SH
)XOOSUHVVXUHZLWKHQJLQHGULYHQSRVLWLYHGLVSODFHPHQWOXEULFDWLRQRLO SXPSUHSODFHDEOHIXOOIORZRLOILOWHU
V
DQGGLSVWLFNIRURLOOHYHOLQGLFDWLRQ3URYLGHRLO
FRROHUZKHUHUHFRPPHQGHGE\PDQXIDFWXUHU
2LO+HDWHU
3URYLGHWKHUPRVWDWLFDOO\FRQWUROOHGRLOKHDWHUWRLPSURYHVWDUWLQJXQGHUFROG DPELHQWFRQGLWLRQV
) (QJLQH&RROLQJ6\VWHP
(1*,1(*(1(5$7256
6\VWHP7\SH
&ORVHGORRSOLTXLGFRROHGZLWKXQLWPRXQWHGUDGLDWRUIDQDQGHQJLQHGULYHQ FRRODQWSXPS
VXLWDEOHIRUSURYLGLQJDGHTXDWHFRROLQJZKLOHRSHUDWLQJDWIXOOORDGXQGHU ZRUVWFDVHDPELHQWWHPSHUDWXUH
)DQ*XDUG
3URYLGHVXLWDEOHJXDUGWRSURWHFWSHUVRQQHOIURPDFFLGHQWDOFRQWDFWZLWKIDQ &RRODQW+HDWHU
3URYLGHWKHUPRVWDWLFDOO\FRQWUROOHGFRRODQWKHDWHUWRLPSURYHVWDUWLQJ XQGHUFROGDPELHQWFRQGLWLRQV
VL]HDFFRUGLQJWRPDQXIDFWXUHU
VUHFRPPHQGDWLRQVIRU
DFKLHYLQJVWDUWLQJDQGORDGDFFHSWDQFHUHTXLUHPHQWVXQGHUZRUVWFDVHDPELHQW WHPSHUDWXUH
* (QJLQH$LU,QWDNHDQG([KDXVW6\VWHP
$LU,QWDNH)LOWUDWLRQ
3URYLGHHQJLQHPRXQWHGUHSODFHDEOHGU\HOHPHQWILOWHU (QJLQH([KDXVW&RQQHFWLRQ
3URYLGHVXLWDEOHDSSURYHGIOH[LEOHFRQQHFWRUIRUFRXSOLQJ HQJLQHWRH[KDXVWV\VWHP
([KDXVW6LOHQFHU
3URYLGHFULWLFDOJUDGHRUEHWWHUH[KDXVWVLOHQFHUZLWKVRXQGDWWHQXDWLRQ QRWOHVVWKDQEDVLVRIGHVLJQ
VHOHFWDFFRUGLQJWRPDQXIDFWXUHU
VUHFRPPHQGDWLRQVWR
PHHWVRXQGSHUIRUPDQFHUHTXLUHPHQWVZKHUHVSHFLILHG
$/7(51$725
*(1(5$725
$ $OWHUQDWRU
SROHUSP
+]RXWSXW
UHYROYLQJILHOGV\QFKURQRXVJHQHUDWRUFRPSO\LQJ
ZLWK1(0$0*
FRQQHFWHGWRHQJLQHZLWKIOH[LEOHFRXSOLQJ
YROWDJHRXWSXWFRQILJXUDWLRQDV
LQGLFDWHGZLWKUHFRQQHFWDEOHOHDGVIRUSKDVHDOWHUQDWRUV % ([FLWHU
([FLWHU7\SH
%UXVKOHVV
SURYLGHSHUPDQHQWPDJQHWJHQHUDWRU
30*
H[FLWDWLRQV\VWHP
VHOIH[FLWHG
VKXQW
V\VWHPVDUHQRWSHUPLWWHG
30*([FLWDWLRQ6KRUW&LUFXLW&XUUHQW6XSSRUW
&DSDEOHRIVXVWDLQLQJSHUFHQWRIUDWHG
RXWSXWFXUUHQWIRUVHFRQGV
9ROWDJH5HJXODWLRQ
ZLWK30*H[FLWDWLRQ
3OXVPLQXVSHUFHQWIRUDQ\FRQVWDQWORDG
IURPQRORDGWRIXOOORDG
& 7HPSHUDWXUH5LVH
&RPSO\ZLWK8/
' ,QVXODWLRQ6\VWHP
1(0$0*&ODVV+
VXLWDEOHIRUDOWHUQDWRUWHPSHUDWXUHULVH
( (QFORVXUH
1(0$0*GULSSURRI
) 7RWDO+DUPRQLF'LVWRUWLRQ
1RWJUHDWHUWKDQILYHSHUFHQW
* $OWHUQDWRU+HDWHU
3URYLGHVWULSKHDWHUWRSUHYHQWPRLVWXUHFRQGHQVDWLRQRQDOWHUQDWRUZLQGLQJV *(1(5$7256(7&21752/6<67(0
$ 3URYLGHPLFURSURFHVVRUEDVHGFRQWUROV\VWHPIRUDXWRPDWLFFRQWUROPRQLWRULQJDQGSURWHFWLRQ RIJHQHUDWRUVHW,QFOXGHVHQVRUVZLULQJDQGFRQQHFWLRQVQHFHVVDU\IRUIXQFWLRQVLQGLFDWLRQV VSHFLILHG
% &RQWURO3DQHO
&RQWURO3DQHO0RXQWLQJ
8QLWPRXQWHGXQOHVVRWKHUZLVHLQGLFDWHG
YLEUDWLRQLVRODWHG
*HQHUDWRU6HW&RQWURO)XQFWLRQV
D $XWRPDWLF0RGH
,QLWLDWHVJHQHUDWRUVHWVWDUWVKXWGRZQXSRQUHFHLYLQJFRUUHVSRQGLQJ VLJQDOIURPUHPRWHGHYLFH
HJDXWRPDWLFWUDQVIHUVZLWFK
E 0DQXDO0RGH
,QLWLDWHVJHQHUDWRUVHWVWDUWVKXWGRZQXSRQGLUHFWLRQIURPRSHUDWRU F 5HVHW0RGH
&OHDUVDOOIDXOWVDOORZLQJJHQHUDWRUVHWUHVWDUWDIWHUDVKXWGRZQ G (PHUJHQF\6WRS
,PPHGLDWHO\VKXWVGRZQJHQHUDWRUVHW
ZLWKRXWWLPHGHOD\
DQG
SUHYHQWVDXWRPDWLFUHVWDUWLQJXQWLOPDQXDOO\UHVHW
H &\FOH&UDQNLQJ
3URJUDPPDEOHFUDQNWLPHUHVWWLPHDQGQXPEHURIF\FOHV I 7LPH'HOD\
3URJUDPPDEOHIRUVKXWGRZQ
HQJLQHFRROGRZQ
DQGVWDUW
HQJLQH
ZDUPXS
J 9ROWDJH$GMXVWPHQW
$GMXVWDEOHWKURXJKUDQJHRISOXVPLQXVSHUFHQW
*HQHUDWRU6HW6WDWXV,QGLFDWLRQV
D 9ROWDJH
9ROWV$&
/LQHWROLQHOLQHWRQHXWUDOIRUHDFKSKDVH
E &XUUHQW
$PSV
)RUHDFKSKDVH
(1*,1(*(1(5$7256
F )UHTXHQF\
+]
G 5HDOSRZHU
:N:
H 5HDFWLYHSRZHU
9$5N9$5
I $SSDUHQWSRZHU
9$N9$
J 3RZHUIDFWRU
K 'XW\/HYHO
$FWXDOORDGDVSHUFHQWDJHRIUDWHGSRZHU
L (QJLQHVSHHG
530
M %DWWHU\YROWDJH
9ROWV'&
N (QJLQHRLOSUHVVXUH
O (QJLQHFRRODQWWHPSHUDWXUH
P (QJLQHUXQWLPH
Q *HQHUDWRUSRZHULQJORDG
SRVLWLRQVLJQDOIURPWUDQVIHUVZLWFK
*HQHUDWRU6HW3URWHFWLRQDQG:DUQLQJ6KXWGRZQ,QGLFDWLRQV
D &RPSO\ZLWK1)3$
FRQILJXUDEOHIRU1)3$/HYHORU/HYHORU1)3$
V\VWHPVLQFOXGLQJEXWQRWOLPLWHGWRWKHIROORZLQJSURWHFWLRQVLQGLFDWLRQV
2YHUFUDQN
VKXWGRZQ
/RZFRRODQWWHPSHUDWXUH
ZDUQLQJ
+LJKFRRODQWWHPSHUDWXUH
ZDUQLQJ
+LJKFRRODQWWHPSHUDWXUH
VKXWGRZQ
/RZRLOSUHVVXUH
VKXWGRZQ
2YHUVSHHG
VKXWGRZQ
/RZIXHOOHYHO
ZDUQLQJ
/RZFRRODQWOHYHO
ZDUQLQJVKXWGRZQ
*HQHUDWRUFRQWUROQRWLQDXWRPDWLFPRGH
ZDUQLQJ
+LJKEDWWHU\YROWDJH
ZDUQLQJ
/RZFUDQNLQJYROWDJH
ZDUQLQJ
/RZEDWWHU\YROWDJH
ZDUQLQJ
%DWWHU\FKDUJHUIDLOXUH
ZDUQLQJ
E ,QDGGLWLRQWR1)3$UHTXLUHPHQWVSURYLGHWKHIROORZLQJSURWHFWLRQVLQGLFDWLRQV
+LJK$&YROWDJH
VKXWGRZQ
/RZ$&YROWDJH
VKXWGRZQ
+LJKIUHTXHQF\
VKXWGRZQ
/RZIUHTXHQF\
VKXWGRZQ
2YHUFXUUHQW
VKXWGRZQ
)XHOWDQNOHDN
ZDUQLQJ
ZKHUHDSSOLFDEOH
F 3URYLGHFRQWDFWVIRUORFDODQGUHPRWHFRPPRQDODUP
G 3URYLGHODPSWHVWIXQFWLRQWKDWLOOXPLQDWHVDOOLQGLFDWRUODPSV 2WKHU&RQWURO3DQHO)HDWXUHV
D (YHQWORJ
& 5HPRWH$QQXQFLDWRU
5HPRWH$QQXQFLDWRU0RXQWLQJ
:DOOPRXQWHG
3URYLGHIOXVKPRXQWHGDQQXQFLDWRUIRU
ILQLVKHGDUHDVDQGVXUIDFHPRXQWHGDQQXQFLDWRUIRUQRQILQLVKHGDUHDVXQOHVVRWKHUZLVH LQGLFDWHG
*HQHUDWRU6HW6WDWXV,QGLFDWLRQV
D *HQHUDWRUSRZHULQJORDG
YLDSRVLWLRQVLJQDOIURPWUDQVIHUVZLWFK
E &RPPXQLFDWLRQIXQFWLRQDO
*HQHUDWRU6HW:DUQLQJ6KXWGRZQ,QGLFDWLRQV
D &RPSO\ZLWK1)3$
FRQILJXUDEOHIRU1)3$/HYHORU/HYHORU1)3$
V\VWHPVLQFOXGLQJEXWQRWOLPLWHGWRWKHIROORZLQJLQGLFDWLRQV
2YHUFUDQN
VKXWGRZQ
/RZFRRODQWWHPSHUDWXUH
ZDUQLQJ
+LJKFRRODQWWHPSHUDWXUH
ZDUQLQJ
+LJKFRRODQWWHPSHUDWXUH
VKXWGRZQ
/RZRLOSUHVVXUH
VKXWGRZQ
(1*,1(*(1(5$7256
2YHUVSHHG
VKXWGRZQ
/RZIXHOOHYHO
ZDUQLQJ
/RZFRRODQWOHYHO
ZDUQLQJVKXWGRZQ
*HQHUDWRUFRQWUROQRWLQDXWRPDWLFPRGH
ZDUQLQJ
+LJKEDWWHU\YROWDJH
ZDUQLQJ
/RZFUDQNLQJYROWDJH
ZDUQLQJ
/RZEDWWHU\YROWDJH
ZDUQLQJ
%DWWHU\FKDUJHUIDLOXUH
ZDUQLQJ
E 3URYLGHDXGLEOHDODUPZLWKVLOHQFHIXQFWLRQ
F 3URYLGHODPSWHVWIXQFWLRQWKDWLOOXPLQDWHVDOOLQGLFDWRUODPSV ' 5HPRWH(PHUJHQF\6WRS
3URYLGHDSSURYHGUHGPXVKURRPVW\OHUHPRWHHPHUJHQF\VWRS EXWWRQZKHUHLQGLFDWHGRUUHTXLUHGE\DXWKRULWLHVKDYLQJMXULVGLFWLRQ *(1(5$7256(7(1&/2685(
$ (QFORVXUH7\SH
6RXQGDWWHQXDWLQJZHDWKHUSURWHFWLYH
% (QFORVXUH0DWHULDO
6WHHORUDOXPLQXP
& +DUGZDUH0DWHULDO
6WDLQOHVVVWHHO
' &RORU
0DQXIDFWXUHU
VVWDQGDUG
( $FFHVV'RRUV
/RFNDEOHZLWKDOOORFNVNH\HGDOLNH
) 2SHQLQJV
'HVLJQHGWRSUHYHQWELUGURGHQWHQWU\
* ([WHUQDO'UDLQV
([WHQGRLODQGFRRODQWGUDLQOLQHVWRH[WHULRURIHQFORVXUHIRUPDLQWHQDQFH VHUYLFH
+ 6RXQG$WWHQXDWLQJ(QFORVXUHV
/LQHHQFORVXUHZLWKQRQK\GURVFRSLFVHOIH[WLQJXLVKLQJ VRXQGDWWHQXDWLQJPDWHULDO
, ([KDXVW6LOHQFHUV
:KHUHH[KDXVWVLOHQFHUVDUHPRXQWHGZLWKLQHQFORVXUHLQPDLQHQJLQH FRPSDUWPHQWLQVXODWHVLOHQFHUWRPLQLPL]HKHDWGLVVLSDWLRQDVQHFHVVDU\IRURSHUDWLRQDWUDWHG ORDGXQGHUZRUVWFDVHDPELHQWWHPSHUDWXUH
3$57(;(&87,21
(;$0,1$7,21
$ 9HULI\WKDWILHOGPHDVXUHPHQWVDUHDVLQGLFDWHG
% 9HULI\WKDWWKHUDWLQJVDQGFRQILJXUDWLRQVRIJHQHUDWRUVHWVDQGDX[LOLDU\HTXLSPHQWDUH FRQVLVWHQWZLWKWKHLQGLFDWHGUHTXLUHPHQWV
& 9HULI\WKDWURXJKLQVIRUILHOGFRQQHFWLRQVDUHLQWKHSURSHUORFDWLRQV ' 9HULI\WKDWPRXQWLQJVXUIDFHVDUHUHDG\WRUHFHLYHHTXLSPHQW ( 9HULI\WKDWFRQGLWLRQVDUHVDWLVIDFWRU\IRULQVWDOODWLRQSULRUWRVWDUWLQJZRUN ,167$//$7,21
$ 3HUIRUPZRUNLQDFFRUGDQFHZLWK1(&$
JHQHUDOZRUNPDQVKLS
% ,QVWDOOSURGXFWVLQDFFRUGDQFHZLWKPDQXIDFWXUHU
VLQVWUXFWLRQV
& ,QVWDOOJHQHUDWRUVHWVDQGDVVRFLDWHGDFFHVVRULHVLQDFFRUGDQFHZLWK1(&$(*6$ ' $UUDQJHHTXLSPHQWWRSURYLGHPLQLPXPFOHDUDQFHVDQGUHTXLUHGPDLQWHQDQFHDFFHVV ( 8VHPDQXIDFWXUHU
VUHFRPPHQGHGRLODQGFRRODQWVXLWDEOHIRUWKHZRUVWFDVHDPELHQW WHPSHUDWXUHV
),(/'48$/,7<&21752/
$ 3URYLGHVHUYLFHVRIDPDQXIDFWXUHU
VDXWKRUL]HGUHSUHVHQWDWLYHWRSUHSDUHDQGVWDUWV\VWHPV DQGSHUIRUPLQVSHFWLRQDQGWHVWLQJ,QFOXGHPDQXIDFWXUHU VGHWDLOHGWHVWLQJSURFHGXUHVDQGILHOG
UHSRUWVZLWKVXEPLWWDOV
% 1RWLI\2ZQHUDQG$UFKLWHFWDWOHDVWWZRZHHNVSULRUWRVFKHGXOHGLQVSHFWLRQVDQGWHVWV
(1*,1(*(1(5$7256
& 1RWLI\DXWKRULWLHVKDYLQJMXULVGLFWLRQDQGFRPSO\ZLWKWKHLUUHTXLUHPHQWVIRUVFKHGXOLQJ LQVSHFWLRQVDQGWHVWVDQGIRUREVHUYDWLRQE\WKHLUSHUVRQQHO ' 3URYLGHDOOHTXLSPHQWWRROVDQGVXSSOLHVUHTXLUHGWRDFFRPSOLVKLQVSHFWLRQDQGWHVWLQJ LQFOXGLQJORDGEDQNDQGIXHO
( 3UHOLPLQDU\LQVSHFWLRQDQGWHVWLQJWRLQFOXGHDWDPLQLPXP
,QVSHFWHDFKV\VWHPFRPSRQHQWIRUGDPDJHDQGGHIHFWV 9HULI\WLJKWQHVVRIPHFKDQLFDODQGHOHFWULFDOFRQQHFWLRQVDUHDFFRUGLQJWRPDQXIDFWXUHU V
UHFRPPHQGHGWRUTXHVHWWLQJV
&KHFNIRUSURSHURLODQGFRRODQWOHYHOV
) 3UHSDUHDQGVWDUWV\VWHPLQDFFRUGDQFHZLWKPDQXIDFWXUHU VLQVWUXFWLRQV
* 3URYLGHILHOGHPLVVLRQVWHVWLQJZKHUHQHFHVVDU\IRUFHUWLILFDWLRQ + &RUUHFWGHIHFWLYHZRUNDGMXVWIRUSURSHURSHUDWLRQDQGUHWHVWXQWLOHQWLUHV\VWHPFRPSOLHVZLWK &RQWUDFW'RFXPHQWV
, 6XEPLWGHWDLOHGUHSRUWVLQGLFDWLQJLQVSHFWLRQDQGWHVWLQJUHVXOWVDQGFRUUHFWLYHDFWLRQVWDNHQ &/26(287$&7,9,7,(6
$ 'HPRQVWUDWLRQ
'HPRQVWUDWHSURSHURSHUDWLRQRIV\VWHPWR2ZQHUDQGFRUUHFWGHILFLHQFLHVRU PDNHDGMXVWPHQWVDVGLUHFWHG
% 7UDLQLQJ
7UDLQ2ZQHU
VSHUVRQQHORQRSHUDWLRQDGMXVWPHQWDQGPDLQWHQDQFHRIV\VWHP 8VHRSHUDWLRQDQGPDLQWHQDQFHPDQXDODVWUDLQLQJUHIHUHQFHVXSSOHPHQWHGZLWK DGGLWLRQDOWUDLQLQJPDWHULDOVDVUHTXLUHG
3URYLGHPLQLPXPRIIRXUKRXUVRIWUDLQLQJ
,QVWUXFWRU
0DQXIDFWXUHU
VDXWKRUL]HGUHSUHVHQWDWLYH
/RFDWLRQ
$WSURMHFWVLWH
& $IWHUVXFFHVVIXODFFHSWDQFHWHVWDQGMXVWSULRUWR6XEVWDQWLDO&RPSOHWLRQUHSODFHDLURLODQG IXHOILOWHUVDQGILOOIXHOVWRUDJHWDQN
3527(&7,21
$ 3URWHFWLQVWDOOHGHQJLQHJHQHUDWRUV\VWHPIURPVXEVHTXHQWFRQVWUXFWLRQRSHUDWLRQV 0$,17(1$1&(
$ 3URYLGHWR2ZQHUDSURSRVDODVDQDOWHUQDWHWRWKHEDVHELGDVHSDUDWHPDLQWHQDQFHFRQWUDFW IRUWKHVHUYLFHDQGPDLQWHQDQFHRIHQJLQHJHQHUDWRUV\VWHPIRUWZR\HDUVIURPGDWHRI 6XEVWDQWLDO&RPSOHWLRQ
,QFOXGHDFRPSOHWHGHVFULSWLRQRISUHYHQWLYHPDLQWHQDQFHV\VWHPDWLF H[DPLQDWLRQDGMXVWPHQWLQVSHFWLRQDQGWHVWLQJZLWKDGHWDLOHGVFKHGXOH % 3URYLGHWURXEOHFDOOEDFNVHUYLFHXSRQQRWLILFDWLRQE\2ZQHU
3URYLGHRQVLWHUHVSRQVHZLWKLQKRXUVRIQRWLILFDWLRQ ,QFOXGHDOORZDQFHIRUFDOOEDFNVHUYLFHGXULQJQRUPDOZRUNLQJKRXUVDWQRH[WUDFRVWWR 2ZQHU
2ZQHUZLOOSD\IRUFDOOEDFNVHUYLFHRXWVLGHRIQRUPDOZRUNLQJKRXUVRQDQKRXUO\EDVLV EDVHGRQDFWXDOWLPHVSHQWDWVLWHDQGQRWLQFOXGLQJWUDYHOWLPH LQFOXGHKRXUO\UDWHDQG
GHILQLWLRQRIQRUPDOZRUNLQJKRXUVLQPDLQWHQDQFHFRQWUDFW & 0DLQWDLQDQRQVLWHORJOLVWLQJWKHGDWHDQGWLPHRIHDFKLQVSHFWLRQDQGFDOOEDFNYLVLWWKH FRQGLWLRQRIWKHV\VWHPQDWXUHRIWKHWURXEOHFRUUHFWLRQSHUIRUPHGDQGSDUWVUHSODFHG (1'2)6(&7,21
75$16)(56:,7&+(6
6(&7,21 75$16)(56:,7&+(6 3$57*(1(5$/
6FRSH
$ )XUQLVK DQG LQVWDOO DXWRPDWLF WUDQVIHU E\SDVVLVRODWLRQ VZLWFK $76%36
V\VWHP
V
ZLWKQXPEHU RI SROHV DPSHUDJH YROWDJH ZLWKVWDQG DQG FORVHRQ UDWLQJV DV VKRZQ RQWKH SODQV(DFK DXWRPDWLFWUDQVIHU VKDOO FRQVLVW RI DQ LQKHUHQWO\ GRXEOH WKURZ SRZHU WUDQVIHU VZLWFK PHFKDQLVP DQG D PLFURSURFHVVRU FRQWUROOHU WR SURYLGH DXWRPDWLF RSHUDWLRQ $OO DXWRPDWLF WUDQVIHU E\SDVVLVRODWLRQ VZLWFKHVDQG FRQWUROOHUV VKDOOEHWKHSURGXFWVRI WKHVDPHPDQXIDFWXUHU
&RGHVDQG6WDQGDUGV
7KHDXWRPDWLFWUDQVIHUVZLWFKHVDQGFRQWUROVVKDOOFRQIRUPWRWKHUHTXLUHPHQWV RI
$ 8/6WDQGDUGIRU7UDQVIHU6ZLWFK(TXLSPHQW
% &6$FHUWLILHGWR&6$1R±
$XWRPDWLF7UDQVIHU6ZLWFKHV
&,(&
/RZYROWDJH6ZLWFKJHDUDQG&RQWUROJHDU
0XOWLIXQFWLRQ
HTXLSPHQW
$XWRPDWLF7UDQVIHU6ZLWFKLQJ(TXLSPHQW
' 1)3$1DWLRQDO(OHFWULFDO&RGH
( 1)3$
(VVHQWLDO(OHFWULFDO6\VWHPVIRU+HDOWK&DUH)DFLOLWLHV ) 1)3$(PHUJHQF\DQG6WDQGE\3RZHU6\VWHPV
* ,(((6WDQGDUG,(((5HFRPPHQGHG3UDFWLFHIRU(PHUJHQF\DQG 6WDQGE\3RZHU6\VWHPVIRU&RPPHUFLDODQG,QGXVWULDO$SSOLFDWLRQV + 1(0$6WDQGDUG,&6
IRUPHUO\,&6
$&$XWRPDWLF7UDQVIHU
6ZLWFKHV
, ,QWHUQDWLRQDO6WDQGDUGV2UJDQL]DWLRQ,62
- 8/,QGXVWULDO&RQWURO(TXLSPHQW
$FFHSWDEOH0DQXIDFWXUHUV
$XWRPDWLFWUDQVIHU E\SDVVLVRODWLRQVZLWFKHVVKDOOEH$6&26HULHV$Q\ DOWHUQDWH VKDOO EH VXEPLWWHGIRU DSSURYDOWRWKH FRQVXOWLQJ HQJLQHHU DW OHDVW GD\VSULRUWRELG$OWHUQDWHELGVPXVWOLVWDQ\GHYLDWLRQVIURPWKLVVSHFLILFDWLRQ
75$16)(56:,7&+(6
3$57352'8&76
0HFKDQLFDOO\+HOG7UDQVIHU6ZLWFK
$ 7KHWUDQVIHUVZLWFKVKDOOEHHOHFWULFDOO\RSHUDWHGDQGPHFKDQLFDOO\KHOG7KH HOHFWULFDO RSHUDWRU VKDOO EH D PRPHQWDULO\ HQHUJL]HG VLQJOHVROHQRLG PHFKDQLVP 0DLQ RSHUDWRUV ZKLFK LQFOXGH RYHUFXUUHQW GLVFRQQHFW GHYLFHV OLQHDU PRWRUV RU JHDUV VKDOO QRW EH DFFHSWDEOH 7KH VZLWFK VKDOO EH PHFKDQLFDOO\ LQWHUORFNHG WR HQVXUH RQO\ WZR SRVVLEOH SRVLWLRQV QRUPDO RU HPHUJHQF\
% $OOWUDQVIHUVZLWFKVL]HVVKDOOXVHRQO\RQHW\SHRIPDLQRSHUDWRUIRUHDVHRI PDLQWHQDQFHDQGFRPPDOLW\RISDUWV
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
+ :KHUHQHXWUDOFRQGXFWRUVDUHWREHVROLGO\FRQQHFWHGDVVKRZQRQWKHSODQV DQHXWUDOFRQGXFWRUSODWHZLWKIXOO\UDWHG$/&8SUHVVXUHFRQQHFWRUVVKDOOEH SURYLGHG
75$16)(56:,7&+(6
%\SDVV,VRODWLRQ6ZLWFK
$ $WZRZD\E\SDVVLVRODWLRQVZLWFKVKDOOSURYLGHPDQXDOE\SDVVRIWKHORDGWR HLWKHU VRXUFH DQG SHUPLW LVRODWLRQ RI WKH DXWRPDWLF WUDQVIHU VZLWFK IURP DOO VRXUFH DQG ORDG SRZHU FRQGXFWRUV $OO PDLQ FRQWDFWV VKDOO EH PDQXDOO\ GULYHQ
% 3RZHULQWHUFRQQHFWLRQVVKDOOEHVLOYHUSODWHGFRSSHUEXVEDU7KHRQO\ILHOG LQVWDOOHGSRZHUFRQQHFWLRQVVKDOOEHDWWKHVHUYLFHDQGORDGWHUPLQDOVRIWKH E\SDVVLVRODWLRQ VZLWFK $OO FRQWURO LQWHUZLULQJ VKDOO EH SURYLGHG ZLWK GLVFRQQHFWSOXJV
& 6HSDUDWH E\SDVV DQG LVRODWLRQ KDQGOHV VKDOO EH XWLOL]HG WR SURYLGH FOHDU GLVWLQFWLRQEHWZHHQWKHIXQFWLRQV+DQGOHVVKDOOEHSHUPDQHQWO\DIIL[HGDQG RSHUDEOHZLWKRXWRSHQLQJWKHHQFORVXUHGRRU'HVLJQV UHTXLULQJLQVHUWLRQRI ORRVHRSHUDWLQJKDQGOHVRURSHQLQJRIWKHHQFORVXUHGRRUWRRSHUDWHDUHQRW DFFHSWDEOH
' %\SDVVWRWKHORDGFDUU\LQJVRXUFHVKDOOEHDFFRPSOLVKHGZLWKQRLQWHUUXSWLRQ RISRZHUWRWKHORDG
PDNHEHIRUHEUHDNFRQWDFWV
'HVLJQVZKLFKGLVFRQQHFW
WKHORDGZKHQE\SDVVLQJDUHQRWDFFHSWDEOH7KHE\SDVVKDQGOHVKDOOKDYH WKUHH RSHUDWLQJ PRGHV
%\SDVV WR 1RUPDO $XWRPDWLF DQG %\SDVV WR (PHUJHQF\7KHRSHUDWLQJVSHHGRIWKHE\SDVVFRQWDFWVVKDOOEHWKHVDPH DV WKH DVVRFLDWHG WUDQVIHU VZLWFK DQG VKDOO EH LQGHSHQGHQW RIWKH VSHHG DW ZKLFKWKHPDQXDOKDQGOH LV RSHUDWHG,QWKH $XWRPDWLFPRGHWKHE\SDVV FRQWDFWVVKDOOEHRXWRIWKHSRZHUFLUFXLWVRWKDWWKH\ZLOOQRWEHVXEMHFWHGWR IDXOWFXUUHQWVWRZKLFKWKHV\VWHPPD\EHVXEMHFWHG ( 7KH LVRODWLRQ KDQGOH VKDOO SURYLGH WKUHH RSHUDWLQJ PRGHV &ORVHG 7HVW
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
* 'HVLJQV UHTXLULQJ RSHUDWLRQ RI NH\ LQWHUORFNV IRU E\SDVV LVRODWLRQ RU $76V ZKLFKFDQQRWEHFRPSOHWHO\ZLWKGUDZQZKHQLVRODWHGDUHQRWDFFHSWDEOH
75$16)(56:,7&+(6
0LFURSURFHVVRU&RQWUROOHU
$ 7KH FRQWUROOHU¶V VHQVLQJ DQG ORJLF VKDOO EH SURYLGHG E\ D VLQJOH EXLOWLQ PLFURSURFHVVRUIRUPD[LPXPUHOLDELOLW\PLQLPXPPDLQWHQDQFHDQGWKHDELOLW\ WRFRPPXQLFDWHVHULDOO\WKURXJKDQRSWLRQDOVHULDOFRPPXQLFDWLRQPRGXOH % $ VLQJOH FRQWUROOHU VKDOO SURYLGH WZHOYH VHOHFWDEOH QRPLQDO YROWDJHV IRU PD[LPXPDSSOLFDWLRQIOH[LELOLW\DQGPLQLPDOVSDUHSDUWUHTXLUHPHQWV9ROWDJH VHQVLQJ VKDOO EH WUXH 506 W\SH DQG VKDOO EH DFFXUDWH WR r RI QRPLQDO YROWDJH)UHTXHQF\VHQVLQJVKDOOEHDFFXUDWHWRr7KHSDQHOVKDOOEH FDSDEOHRIRSHUDWLQJRYHUDWHPSHUDWXUH UDQJHRI WRGHJUHHV&DQG VWRUDJHIURPWRGHJUHHV&
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¶VPDQXDOV
' $OO FXVWRPHU FRQQHFWLRQV VKDOO EH ZLUHG WR D FRPPRQ WHUPLQDO EORFN WR VLPSOLI\ILHOGZLULQJFRQQHFWLRQV
( 7KH FRQWUROOHU VKDOO PHHW RU H[FHHG WKH UHTXLUHPHQWV IRU (OHFWURPDJQHWLF &RPSDWLELOLW\
(0&
DVIROORZV
(1
(PLVVLRQVWDQGDUG*URXS&ODVV$
(1
*HQHULFLPPXQLW\VWDQGDUGIURPZKLFK
(1
(OHFWURVWDWLFGLVFKDUJH
(6'
LPPXQLW\
(19
5DGLDWHG(OHFWUR0DJQHWLFILHOGLPPXQLW\
(1
(OHFWULFDOIDVWWUDQVLHQW
()7
LPPXQLW\
(1
6XUJHWUDQVLHQWLPPXQLW\
(1
&RQGXFWHG5DGLR)UHTXHQF\ILHOGLPPXQLW\
(QFORVXUH
$ 7KH $76%36 VKDOO EH IXUQLVKHG LQ D 7\SH 5 HQFORVXUH XQOHVV RWKHUZLVH VKRZQRQWKHSODQV
% $OOVWDQGDUGDQGRSWLRQDOGRRUPRXQWHGVZLWFKHVDQGSLORWOLJKWVVKDOOEH PPLQGXVWULDOJUDGHW\SHRUHTXLYDOHQWIRUHDV\YLHZLQJ UHSODFHPHQW'RRU FRQWUROV VKDOO EH SURYLGHG RQ D VHSDUDWH UHPRYDEOH SODWH ZKLFK FDQ EH VXSSOLHGORRVHIRURSHQW\SHXQLWV
75$16)(56:,7&+(6
3$5723(5$7,21
&RQWUROOHU'LVSOD\DQG.H\SDG
$ $IRXUOLQHFKDUDFWHU/&'GLVSOD\DQGNH\SDGVKDOOEHDQLQWHJUDOSDUWRI WKH FRQWUROOHU IRU YLHZLQJ DOO DYDLODEOH GDWD DQG VHWWLQJ GHVLUHG RSHUDWLRQDO SDUDPHWHUV2SHUDWLRQDOSDUDPHWHUVVKDOODOVREH DYDLODEOHIRUYLHZLQJDQG OLPLWHG FRQWURO WKURXJK WKH VHULDO FRPPXQLFDWLRQV LQSXW SRUW 7KH IROORZLQJ SDUDPHWHUVVKDOORQO\EHDGMXVWDEOHYLD',3VZLWFKHVRQWKHFRQWUROOOHU
1RPLQDOOLQHYROWDJHDQGIUHTXHQF\
6LQJOHRUWKUHHSKDVHVHQVLQJ
2SHUDWLQJSDUDPHWHUSURWHFWLRQ
7UDQVIHURSHUDWLQJPRGHFRQILJXUDWLRQ
2SHQWUDQVLWLRQ&ORVHGWUDQVLWLRQRU'HOD\HGWUDQVLWLRQ
$OOLQVWUXFWLRQVDQGFRQWUROOHUVHWWLQJVVKDOOEHHDVLO\DFFHVVLEOHUHDGDEOHDQG DFFRPSOLVKHGZLWKRXWWKHXVHRIFRGHVFDOFXODWLRQVRULQVWUXFWLRQPDQXDOV 9ROWDJH)UHTXHQF\DQG3KDVH5RWDWLRQ6HQVLQJ
$ 9ROWDJHDQGIUHTXHQF\RQERWKWKHQRUPDODQGHPHUJHQF\VRXUFHV DVQRWHG
EHORZ
VKDOOEHFRQWLQXRXVO\PRQLWRUHGZLWKWKHIROORZLQJSLFNXSGURSRXWDQG WULS VHWWLQJ FDSDELOLWLHV
YDOXHV VKRZQ DV RI QRPLQDO XQOHVV RWKHUZLVH
VSHFLILHG
3DUDPHWHU 6RXUFHV 'URSRXW7ULS 3LFNXS5HVHW
Undervoltage N&E,3I 70 to 98% 85 to 100%
Overvoltage N&E,3I 102 to 115% 2% below trip
Underfrequency N&E 85 to 98% 90 to 100%
Overfrequency N&E 102 to 110% 2% below trip
Voltage unbalance N&E 5 to 20% 1% below dropout
% 5HSHWLWLYH DFFXUDF\ RI DOO VHWWLQJV VKDOO EH ZLWKLQ RYHU DQ RSHUDWLQJ WHPSHUDWXUHUDQJHRIq&WRq&
& 9ROWDJH DQG IUHTXHQF\ VHWWLQJV VKDOO EH ILHOG DGMXVWDEOH LQ LQFUHPHQWV HLWKHU ORFDOO\ ZLWK WKH GLVSOD\ DQG NH\SDG RU UHPRWHO\ YLD VHULDO FRPPXQLFDWLRQVSRUWDFFHVV
' 7KHFRQWUROOHUVKDOOEHFDSDEOH
ZKHQDFWLYDWHGE\WKHNH\SDGRUWKURXJKWKH
VHULDOSRUW
RI VHQVLQJWKHSKDVH URWDWLRQRIERWKWKHQRUPDODQGHPHUJHQF\ VRXUFHV7KHVRXUFHVKDOOEHFRQVLGHUHGXQDFFHSWDEOHLIWKHSKDVH URWDWLRQ LVQRWWKHSUHIHUUHGURWDWLRQVHOHFWHG
$%&RU&%$
( 6RXUFHVWDWXVVFUHHQVVKDOOEHSURYLGHGIRUERWKQRUPDO HPHUJHQF\WRSUR YLGHGLJLWDOUHDGRXWRIYROWDJHRQDOOSKDVHVIUHTXHQF\DQGSKDVHURWDWLRQ ) 7KH FRQWUROOHU VKDOO LQFOXGH D XVHU VHOHFWDEOH DOJRULWKP WR SUHYHQW UHSHDWHG WUDQVIHUF\FOLQJWRDVRXUFHRQDQLQVWDOODWLRQZKLFKH[SHULHQFHVSULPDU\VLGH VLQJOHSKDVHIDLOXUHVRQD*URXQGHG:\H±*URXQGHG:\HWUDQVIRUPHUZKLFK UHJHQHUDWHVYROWDJHZKHQXQORDGHG7KHDOJRULWKPVKDOODOVRLQKLELWUHWUDQVIHU WRWKHQRUPDO
XWLOLW\
VRXUFHXSRQGHWHFWLRQRIDVLQJOHSKDVLQJFRQGLWLRQXQWLO DGHGLFDWHGWLPHUH[SLUHVWKHDOWHUQDWHVRXUFHIDLOVRUWKHQRUPDOVRXUFHIDLOV FRPSOHWHO\ DQG LV UHVWRUHG GXULQJ WKLV WLPH GHOD\ SHULRG 7KH WLPH GHOD\V DVVRFLDWHG ZLWK WKLV IHDWXUH VKDOO EH DGMXVWDEOH E\ WKH XVHU WKURXJK WKH FRQWUROOHUNH\SDGDQG/&'
75$16)(56:,7&+(6
7LPH'HOD\V
$ $Q DGMXVWDEOH WLPH GHOD\ RI WR VHFRQGV VKDOO EH SURYLGHG WR RYHUULGH PRPHQWDU\QRUPDOVRXUFHRXWDJHVDQGGHOD\DOOWUDQVIHUDQGHQJLQHVWDUWLQJ VLJQDOV&DSDELOLW\VKDOOEHSURYLGHGWRH[WHQGWKLVWLPHGHOD\WRPLQXWHV E\SURYLGLQJDQH[WHUQDO9'&SRZHUVXSSO\
% $WLPHGHOD\VKDOOEHSURYLGHGRQWUDQVIHUWRHPHUJHQF\DGMXVWDEOHIURPWR PLQXWHVIRUFRQWUROOHGWLPLQJRIWUDQVIHURIORDGVWRHPHUJHQF\ & 7ZRWLPHGHOD\PRGHV
ZKLFKDUHLQGHSHQGHQWO\DGMXVWDEOH
VKDOOEHSURYLGHG
RQ UHWUDQVIHU WR QRUPDO 2QH WLPH GHOD\ VKDOO EH IRU DFWXDO QRUPDO SRZHU IDLOXUHV DQG WKH RWKHUIRUWKH WHVWPRGH IXQFWLRQ 7KH WLPH GHOD\V VKDOO EH DGMXVWDEOHIURPWRPLQXWHV7LPHGHOD\VKDOOEHDXWRPDWLFDOO\E\SDVVHG LIWKHHPHUJHQF\VRXUFHIDLOVDQGWKHQRUPDOVRXUFHLVDFFHSWDEOH ' $ WLPH GHOD\ VKDOO EH SURYLGHG RQ VKXW GRZQ RI HQJLQH JHQHUDWRU IRU FRRO GRZQDGMXVWDEOHIURPWRPLQXWHV
( $WLPHGHOD\DFWLYDWHGRXWSXWVLJQDOVKDOODOVREHSURYLGHGWRGULYHDQH[WHUQDO UHOD\
V
IRU VHOHFWLYH ORDG GLVFRQQHFW FRQWURO 7KH FRQWUROOHU VKDOO KDYH WKH DELOLW\WRDFWLYDWHDQDGMXVWDEOHWRPLQXWHWLPHGHOD\LQDQ\RIWKHIROORZLQJ PRGHV
3ULRUWRWUDQVIHURQO\
3ULRUWRDQGDIWHUWUDQVIHU
1RUPDOWRHPHUJHQF\RQO\
(PHUJHQF\WRQRUPDORQO\
1RUPDOWRHPHUJHQF\DQGHPHUJHQF\WRQRUPDO
$OOWUDQVIHUFRQGLWLRQVRURQO\ZKHQERWKVRXUFHVDUHDYDLODEOH ) 7KHFRQWUROOHUVKDOODOVRLQFOXGHWKHIROORZLQJEXLOWLQWLPHGHOD\VIRURSWLRQDO &ORVHG7UDQVLWLRQDQG'HOD\HG7UDQVLWLRQRSHUDWLRQ
WRPLQXWHWLPHGHOD\RQIDLOXUHWRV\QFKURQL]HQRUPDODQGHPHUJHQF\ VRXUFHVSULRUWRFORVHGWUDQVLWLRQWUDQVIHU
WR
VHFRQG WLPH GHOD\ RQ DQ H[WHQGHG SDUDOOHO FRQGLWLRQ RI ERWK SRZHUVRXUFHVGXULQJFORVHGWUDQVLWLRQRSHUDWLRQ
WR PLQXWH WLPH GHOD\ IRU WKH ORDG GLVFRQQHFW SRVLWLRQ IRU GHOD\HG WUDQVLWLRQRSHUDWLRQ
*$OO WLPH GHOD\V VKDOO EH DGMXVWDEOH LQ VHFRQG LQFUHPHQWV H[FHSW WKH H[WHQGHGSDUDOOHOWLPHZKLFKVKDOOEHDGMXVWDEOHLQVHFRQGLQFUHPHQWV + $OOWLPH GHOD\V VKDOO EH DGMXVWDEOH E\ XVLQJWKH /&' GLVSOD\ DQG NH\SDG RU ZLWKDUHPRWHGHYLFHFRQQHFWHGWRWKHVHULDOFRPPXQLFDWLRQVSRUW
75$16)(56:,7&+(6
$GGLWLRQDO)HDWXUHV
$ $WKUHH SRVLWLRQPRPHQWDU\W\SHWHVW VZLWFK VKDOO EH SURYLGHGIRUWKHtest / automatic / reset PRGHV 7KH WHVW SRVLWLRQ ZLOO VLPXODWH D QRUPDO VRXUFH IDLOXUH7KH UHVHWSRVLWLRQ VKDOOE\SDVVWKHWLPHGHOD\VRQHLWKHUWUDQVIHUWR HPHUJHQF\RUUHWUDQVIHUWRQRUPDO
% $63'7FRQWDFWUDWHGDPSVDW9'&VKDOOEHSURYLGHGIRUDORZYROWDJH HQJLQHVWDUWVLJQDO7KHVWDUWVLJQDOVKDOOSUHYHQWGU\FUDQNLQJRIWKHHQJLQH E\UHTXLULQJWKHJHQHUDWRUVHWWRUHDFKSURSHURXWSXWDQGUXQIRUWKHGXUDWLRQ RI WKH FRRO GRZQ VHWWLQJ UHJDUGOHVV RI ZKHWKHU WKH QRUPDO VRXUFH UHVWRUHV EHIRUHWKHORDGLVWUDQVIHUUHG
& $X[LOLDU\ FRQWDFWV UDWHG DPSV 9$& VKDOO EH SURYLGHG FRQVLVWLQJ RI RQHFRQWDFWFORVHGZKHQWKH$76LVFRQQHFWHGWRWKHQRUPDOVRXUFHDQGRQH FRQWDFWFORVHGZKHQWKH$76LVFRQQHFWHGWRWKHHPHUJHQF\VRXUFH ' /('LQGLFDWLQJOLJKWV
PPLQGXVWULDOJUDGHW\SH
VKDOOEHSURYLGHG
RQH
WRLQGLFDWHZKHQWKH$76LVFRQQHFWHGWRWKHQRUPDOVRXUFH JUHHQ
DQGRQH
WRLQGLFDWHZKHQWKH$76LVFRQQHFWHGWRWKHHPHUJHQF\VRXUFH UHG
( /('LQGLFDWLQJOLJKWV
PPLQGXVWULDOJUDGHW\SH
VKDOOEHSURYLGHGDQG
HQHUJL]HG E\ FRQWUROOHU RXWSXWV 7KH OLJKWV VKDOO SURYLGH WUXH VRXUFH DYDLODELOLW\ RI WKH QRUPDO DQG HPHUJHQF\ VRXUFHV DV GHWHUPLQHG E\ WKH YROWDJHVHQVLQJWULSDQGUHVHWVHWWLQJVIRUHDFKVRXUFH 7KH IROORZLQJ IHDWXUHV VKDOO EH EXLOWLQ WR WKH FRQWUROOHU EXW FDSDEOH RI EHLQJ DFWLYDWHG WKURXJK NH\SDG SURJUDPPLQJ RU WKH VHULDO SRUW RQO\ ZKHQUHTXLUHGE\WKHXVHU
) 3URYLGH WKH DELOLW\ WR VHOHFW ³FRPPLWQR FRPPLW WR WUDQVIHU´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
, (QJLQH([HUFLVHU7KHFRQWUROOHUVKDOOSURYLGHDQLQWHUQDOHQJLQHH[HUFLVHU 7KH HQJLQH H[HUFLVHU VKDOO DOORZ WKH XVHU WR SURJUDP XS WR VHYHQ GLIIHUHQW H[HUFLVHURXWLQHV)RUHDFKURXWLQHWKHXVHUVKDOOEHDEOHWR
(QDEOHRUGLVDEOHWKHURXWLQH
(QDEOHRUGLVDEOHWUDQVIHURIWKHORDGGXULQJURXWLQH 6HWWKHVWDUWWLPH
WLPHRIGD\
GD\RIZHHN
ZHHNRIPRQWK
VWQGUGWKDOWHUQDWHRUHYHU\
6HWWKHGXUDWLRQRIWKHUXQ
75$16)(56:,7&+(6
$WWKHHQGRIWKHVSHFLILHGGXUDWLRQWKHVZLWFKVKDOOWUDQVIHUWKHORDGEDFNWR QRUPDODQGUXQWKHJHQHUDWRUIRUWKHVSHFLILHGFRROGRZQSHULRG$\HDU OLIHEDWWHU\WKDWVXSSOLHVSRZHUWRWKHUHDOWLPHFORFNLQWKHHYHQWRIDSRZHU ORVVZLOOPDLQWDLQDOOWLPHDQGGDWHLQIRUPDWLRQ
7KH IROORZLQJ IHDWXUH VKDOO EH EXLOW LQWR WKH FRQWUROOHU EXW FDSDEOH RI EHLQJ DFWLYDWHG WKURXJK NH\SDG SURJUDPPLQJ RU WKH FRPPXQLFDWLRQV LQWHUIDFHSRUW
1RWH
7KH WUDQVIHU VZLWFKZLOORSHUDWHLQ DQRQDXWRPDWLFPRGHZLWK WKLV IHDWXUHDFWLYDWHG
- 7HUPLQDOV VKDOO EH SURYLGHGIRU D UHPRWH FRQWDFW ZKLFK RSHQVWR VLJQDOWKH $76WRWUDQVIHUWRHPHUJHQF\DQGIRU UHPRWH FRQWDFWVZKLFK RSHQWR LQKLELW WUDQVIHU WR HPHUJHQF\ DQGRU UHWUDQVIHU WR QRUPDO %RWK RI WKHVH LQKLELW VLJQDOVFDQEHDFWLYDWHGWKURXJKWKHNH\SDGRUVHULDOSRUW . 6\VWHP6WDWXV 7KHFRQWUROOHU/&'GLVSOD\VKDOOLQFOXGHD³6\VWHP6WDWXV´ VFUHHQ ZKLFK VKDOO EH UHDGLO\ DFFHVVLEOH IURP DQ\ SRLQW LQ WKH PHQX E\ GHSUHVVLQJWKH³(6&´NH\DPD[LPXPRIWZRWLPHV7KLVVFUHHQVKDOOGLVSOD\ DFOHDUGHVFULSWLRQRIWKHDFWLYHRSHUDWLQJVHTXHQFHDQGVZLWFKSRVLWLRQ)RU H[DPSOH
Normal Failed
Load on Normal
TD Normal to Emerg
2min15s
&RQWUROOHUVWKDWUHTXLUHPXOWLSOHVFUHHQVWRGHWHUPLQHV\VWHPVWDWXVRUGLVSOD\ ³FRGHG´V\VWHP VWDWXVPHVVDJHVZKLFKPXVWEHH[SODLQHGE\ UHIHUHQFHVLQ WKHRSHUDWRU¶VPDQXDODUHQRWSHUPLVVLEOH
/ 6HOI 'LDJQRVWLFV 7KH FRQWUROOHU VKDOO FRQWDLQ D GLDJQRVWLF VFUHHQ IRU WKH SXUSRVHRIGHWHFWLQJV\VWHPHUURUV7KLVVFUHHQVKDOOSURYLGHLQIRUPDWLRQRQ WKH VWDWXV LQSXW VLJQDOV WR WKH FRQWUROOHU ZKLFK PD\ EH SUHYHQWLQJ ORDG WUDQVIHUFRPPDQGVIURPEHLQJFRPSOHWHG
0 'DWD /RJJLQJ ± 7KH FRQWUROOHU VKDOO KDYH WKH DELOLW\ WR ORJ GDWD DQG WR PDLQWDLQ WKH ODVW
HYHQWV HYHQ LQ WKH HYHQW RI WRWDO SRZHU ORVV 7KH IROORZLQJ HYHQWV VKDOO EH WLPH DQG GDWH VWDPSHG DQG PDLQWDLQHG LQ D QRQ YRODWLOHPHPRU\
(YHQW/RJJLQJ
'DWDDQGWLPHDQGUHDVRQIRUWUDQVIHUQRUPDOWRHPHUJHQF\ 'DWDDQGWLPHDQGUHDVRQIRUWUDQVIHUHPHUJHQF\WRQRUPDO 'DWDDQGWLPHDQGUHDVRQIRUHQJLQHVWDUW
'DWDDQGWLPHHQJLQHVWRSSHG
'DWDDQGWLPHHPHUJHQF\VRXUFHDYDLODEOH
'DWDDQGWLPHHPHUJHQF\VRXUFHQRWDYDLODEOH
6WDWLVWLFDO'DWD
7RWDOQXPEHURIWUDQVIHUV
7RWDOQXPEHURIWUDQVIHUVGXHWRVRXUFHIDLOXUH 7RWDOQXPEHURIGD\VFRQWUROOHULVHQHUJL]HG
7RWDOQXPEHURIKRXUVERWKQRUPDODQGHPHUJHQF\VRXUFHVDUH DYDLODEOH
75$16)(56:,7&+(6
1 &RPPXQLFDWLRQV 0RGXOH ± 6KDOO SURYLGH UHPRWH LQWHUIDFH PRGXOH WR VXSSRUWPRQLWRULQJRIYHQGRU¶VWUDQVIHUVZLWFKFRQWUROOHUDQGRSWLRQDOSRZHU PHWHU 0RGXOH VKDOO SURYLGH VWDWXV DQDORJ SDUDPHWHUV HYHQW ORJV HTXLSPHQW VHWWLQJV FRQILJXUDWLRQV RYHU HPEHGGHG ZHESDJH DQG RSHQ SURWRFRO)HDWXUHVVKDOOLQFOXGH
(PDLOQRWLILFDWLRQVDQG6103WUDSVRIVHOHFWDEOHHYHQWVDQGDODUPVPD\ EHVHQWWRDPRELOHGHYLFHRU3&
0RGEXV 7&3,3 6103 +773 6073 RSHQ SURWRFROV VKDOO EH VLPXOWDQHRXVO\VXSSRUWHG
:HE DSS LQWHUIDFH UHTXLULQJ XVHU FUHGHQWLDOV WRPRQLWRU DQG FRQWURO WKH WUDQVIHU VZLWFK VXSSRUWLQJ PRGHUQ VPDUW SKRQHV WDEOHWV DQG 3& EURZVHUV8VHUZLOOEHDEOHWR YLHZWKHG\QDPLFRQHOLQH $76FRQWUROV
VWDWXVDODUPVPHWHULQJHYHQWORJJLQJDVZHOODVVHWWLQJV 6HFXUHDFFHVV VKDOOEHSURYLGHGE\ UHTXLULQJ FUHGHQWLDOVIRUDPLQLPXP RI XVHU SULYLOHJH OHYHOV WR WKH ZHE DSS PRQLWRU YLHZ RQO\
FRQWURO
YLHZDQGFRQWURO
DQGDGPLQLVWUDWRU
YLHZFRQWURODQGFKDQJHVHWWLQJV
%LW $(6 HQFU\SWLRQ VWDQGDUG VKDOO EH VXSSRUWHG IRU DOO PHDQV RI FRQQHFWLYLW\
6KDOODOORZIRUWKHLQLWLDWLQJRIWUDQVIHUV UHWUDQVIHUVE\SDVVLQJRIDFWLYH WLPHUV DQG WKH DFWLYDWLQJGHDFWLYDWLQJ RI HQJLQH VWDUW VLJQDO VKDOO EH DYDLODEOH RYHU WKH HPEHGGHG ZHESDJH DQG WR WKH WUDQVIHU VZLWFK YHQGRU¶VPRQLWRULQJHTXLSPHQW
$Q HYHQW ORJ GLVSOD\LQJ DPLQLPXP RI QLQHW\QLQH
HYHQWV VKDOO EH
YLHZDEOH DQG SULQWDEOH IURP WKH HPEHGGHG ZHESDJHV DQG DFFHVVLEOH IURPVXSSRUWHGRSHQSURWRFROV
)RXU
0ESV (WKHUQHW FRSSHU 5- SRUWV ILYH
VHULDO SRUWV
7HUPLQDWLRQGLSVZLWFKHVDQG/('VIRUGLDJQRVWLFV
',1UDLOPRXQWDEOH
7KLVRSWLRQVKDOOEHHTXLYDOHQWWR$6&2DFFHVVRU\(( 2 ([WHUQDO '& 3RZHU 6XSSO\ ± $Q RSWLRQDO SURYLVLRQ VKDOO EH DYDLODEOH WR FRQQHFW DQ H[WHUQDO 9'& SRZHU VXSSO\ WR DOORZ WKH /&' DQG WKH GRRU PRXQWHGFRQWUROLQGLFDWRUVWRUHPDLQIXQFWLRQDOZKHQERWKSRZHUVRXUFHVDUH GHDG7KLVRSWLRQVKDOOEHHTXLYDOHQWWR$6&2DFFHVVRU\* *Note Spec Writer:The following section is optional and should be deleted if not required. 3 3RZHU0HWHU±
7KLVIHDWXUHVKDOOEHHTXDOWR$6&2DFFHVVRU\
/RUIHDWXUHEXQGOHDFFHVVRU\
The Power Meter shall conform to the requirements of
8/(OHFWULFDO0HDVXULQJDQG7HVWLQJ(TXLSPHQW &$1&6$&1R0
&6$6DIHW\5HTXLUHPHQWVIRU(OHFWULFDO
DQG(OHFWURQLF0HDVXULQJDQG7HVW(TXLSPHQW
7KH3RZHU0HWHUVKDOOEHFDSDEOHRIRSHUDWLQJZLWKRXWPRGLILFDWLRQDW DQRPLQDOIUHTXHQF\RIWR+]
7KH3RZHU0HWHUVKDOOEHUDWHGIRUDQRSHUDWLQJWHPSHUDWXUHRI)WR )DQGDVWRUDJHWHPSHUDWXUHRI)WR)DQGVKDOOEHUDWHG IRUDQQRQFRQGHQVLQJUHODWLYHKXPLGLW\
75$16)(56:,7&+(6
7KH3RZHU0HWHUVKDOODFFHSWLQSXWVIURPLQGXVWU\VWDQGDUGLQVWUXPHQW WUDQVIRUPHUV
9$&VHFRQGDU\37¶VDQG$VHFRQGDU\&7¶V
'LUHFWSKDVHYROWDJHFRQQHFWLRQVWR9$&QRPLQDOVKDOOEH SRVVLEOHZLWKRXWWKHXVHRI37¶V
7KH3RZHU0HWHUVKDOODFFHSWVLQJOHSKDVHRUWKUHH IRXUZLUH FLUFXLWV$IRXUWK&7LQSXWVKDOOEHDYDLODEOHWRPHDVXUHQHXWUDORU JURXQGFXUUHQW
7KH3RZHU0HWHUVKDOOFRQWDLQDEXLOWLQGLVFUHWHFRQWDFWWRZLUHDQ $76$DX[LOLDU\FRQWDFWWRLQGLFDWHVZLWFKSRVLWLRQ 7KH3RZHU0HWHUVKDOODFFHSW$&YROWDJHIURPWKHVHQVLQJOLQHVIRU RSHUDWLRQ$GGLWLRQDOSURYLVLRQVVKDOOEHSURYLGHGIRUH[WHUQDO'& YROWDJHLQSXWUDQJH
9'&ZLWKDQRPLQDORI9'&
7KH3RZHU0HWHUVKDOOEHHTXLSSHGZLWKDFRQWLQXRXVGXW\ORQJ±OLIH OLQH[FKDUDFWHUJUHHQEDFNOLW/&'
$OOVHWXSSDUDPHWHUVUHTXLUHGE\WKH3RZHU0HWHUVKDOOEHVWRUHGLQ QRQYRODWLOHPHPRU\DQGUHWDLQHGLQWKHHYHQWRIDFRQWUROSRZHU LQWHUUXSWLRQ
7KH3RZHU0HWHUVKDOOEHIOXVKPRXQWDEOHRQDVXUIDFH 7KH3RZHU0HWHUHQFORVXUHVKDOOEHVHDOHGWR,3 1(0$
DQG
7KHIDFHSODWHVKDOOEHVHDOHGWR,3
1(0$
$OOSXVKEXWWRQV
VKDOOEHVHDOHGWDFWVZLWFKHV
7KH3RZHU0HWHUVKDOOVHQGZKHQSURPSWHGLQIRUPDWLRQWRDFHQWUDO ORFDWLRQHTXLSSHGZLWKDPDQXIDFWXUHUVXSSOLHGFULWLFDOSRZHU PDQDJHPHQWV\VWHPRUUGSDUW\PRQLWRUWKURXJKPDQXIDFWXUHU VXSSOLHGFRPPXQLFDWLRQPRGXOHV$OOUGSDUW\ PRQLWRUPXVWXWLOL]H LQGXVWU\VWDQGDUGRSHQSURWRFROV0RGEXV5780RGEXV7&3RU 6103
$QHPEHGGHG56SRUWZLOOEHSURYLGHGZKLFKZLOOHQDEOH FRPPXQLFDWLRQDW
..RU.EDXG',3VZLWFKHV
ZLOOEHSURYLGHGRQWKH56SRUWDOORZLQJDXVHUWRVHOHFWZLUHRU ZLUHFRPPXQLFDWLRQDVZHOODVWKHRSWLRQWRDFWLYDWHDWHUPLQDWLQJ UHVLVWRURQWKHSRUW
7KH3RZHU0HWHUVKDOOKHOSIDFLOLWLHVFRPSO\ZLWK1(&,WVKDOO SURYLGH0D[LPXP'HPDQGFDOFXODWLRQVIRUWKHSDVWPRQWKVDV SHUVWDQGDUGVZLWKPLQXWHVDYHUDJH
7KHIROORZLQJGDWDZLOOEHDYDLODEOHRQWKHGLVSOD\DQG0RGEXV UHJLVWHUVRIWKH3RZHU0HWHU
Ɣ/LQHWRQHXWUDOYROWDJHV 9$19%1DQG9&1
Ɣ/LQHWRQHXWUDOYROWDJHDYHUDJH 9$9(
75$16)(56:,7&+(6
Ɣ/LQHWROLQHYROWDJHV 9$%9%&DQG9&$
Ɣ/LQH/LQHYROWDJHDYHUDJH 9/$9(
Ɣ&XUUHQWRQHDFKSKDVH ,$,%DQG,&
Ɣ&XUUHQWRQWKHQHXWUDOFRQGXFWRU ,1
Ɣ$YHUDJHFXUUHQW
,$9(
Ɣ$FWLYHSRZHU.:SHUSKDVHDQGWRWDO :$:%:&DQG:7
Ɣ$SSDUHQWSRZHU.9$SHUSKDVHDQGWRWDO 9$$9$%9$&DQG
9$7
Ɣ.:+RXUVLPSRUWLQJH[SRUWLQJDQGQHW .:+,03.:+(;3DQG
.:+1(7
Ɣ.9$5+RXUVOHDGLQJODJJLQJDQGQHW
.9$5+/($'.9$5/$*
DQG.9$5+1(7
Ɣ3RZHUIDFWRU
3)
Ɣ6LJQDO)UHTXHQF\
+]
Ɣ'LJLWDO,QSXW
7KH3RZHU0HWHUVKDOORIIHUDQ/&'ZKLFKFDQGLVSOD\QROHVV WKHQQLQHGLIIHUHQWODQJXDJHV 'LVSOD\LQJHDFKRIWKHPHWHUHGYDOXHVVKDOOEHGRQHWKURXJKWKH XVHRIPHQXVFUROOEXWWRQV7KHUHZLOOEHDQHVFDSHEXWWRQ ZKLFKZLOOEHXVHGWRWDNHWKHXVHUEDFNWRWKHSUHYLRXVSDJHRU WRFDQFHODVHWWLQJFKDQJH3UHVVLQJHVFDSHQRPRUHWKDQWKUHH WLPHVZLOOUHWXUQWKHXVHUWRWKHKRPHVFUHHQ
)RUHDVHRIRSHUDWRUYLHZLQJWKHGLVSOD\FDQEHFRQILJXUHGWR UHPDLQRQFRQWLQXRXVO\ZLWKQRGHWULPHQWDOHIIHFWRQWKHOLIHRI WKH3RZHU0HWHU 7KHGLVSOD\¶VFRQWUDVWVKDOOEHFRQILJXUDEOHLQLQWHUYDOVRI
UDQJLQJ
6HWXSRIDV\VWHPUHTXLUHPHQWVVKDOOEHDOORZHGIURPWKHIURQW RIWKH3RZHU0HWHU
75$16)(56:,7&+(6
*Note Spec Writer:The following section is optional and should be deleted if not required.
$765HPRWH$QQXQFLDWRU
*HQHUDO
3URYLGHDQGLQVWDOO$765HPRWH$QQXQFLDWRUVIRUPRQLWRULQJDQGFRQWURORIDXWRPDWLF WUDQVIHUVZLWFKHVUHPRWHO\RYHU(WKHUQHW
$+DUGZDUH6SHFLILFDWLRQV
7KH$765HPRWH$QQXQFLDWRUVKDOOEHOLVWHGWRF8/
DQG8/DQGLQFOXGH
WKHIROORZLQJIHDWXUHVDQGUDWLQJV:
User-configured labels with ATS names and power sources Dual 10/100 Base-T auto sensing and auto crossover Ethernet ports LED indication of source acceptability, switch position, common alarm, time delay and Ethernet link activity
Push button for transfer/retransfer control operations and time delay bypass Push buttons for Alarm Silence and Lamp Test
Key lock to enable and disable the transfer push button Audible and visual alarm to indicate Communication Error ATS Locked Out Failure to Synchronize Extended Parallel and any of the 8 user-configured discrete inputs
Programmable watchdog timer that can generate a system reset upon timeout (minimum 1 sec)
Factory reset capability
100 ms power ride-through
%6RIWZDUH6SHFLILFDWLRQ
7KH$765HPRWH$QQXQFLDWRUVKDOOFRQWDLQHPEHGGHGZHESDJHVDFFHVVLEOHYLD YDULRXVZHEEURZVHUVZLWKWKHIROORZLQJFDSDELOLWLHV
Configuration for protocol and communications management with the ability of auto discovering transfer switches on network
Ability to create and print customized labels for ATS names and power sources The ability to choose a continuous or periodic audible alarm with customizable interval time
View detailed packet status counters i.e. transmitted received and dropped packets with the ability to reset counters
ATS source name configuration page which allows users to configure power source names and print labels
Upgrade firmware from Ethernet network without interrupting equipment operation
&&RPPXQLFDWLRQV
'XDO%DVH7
5-
(WKHUQHWSRUWVDUHSURYLGHGWRVXSSRUW7&3,3
FRPPXQLFDWLRQVIRUXSWRHLJKWDXWRPDWLFWUDQVIHUVZLWFKHVYLDLQGLYLGXDOUHPRWH FRQQHFWLYLW\PRGXOHVRUGDLV\FKDLQHGVHULDOPRGXOHVLQWRDVLQJOH&RQQHFWLYLW\0RGXOH $GGLWLRQDOIHDWXUHVLQFOXGH
Supports Full Duplex Flow Control (IEEE 802.3x)
75$16)(56:,7&+(6
3.3V power supply with 5V I/O tolerance
Supports 3 LEDs to indicate traffic link speed and collision '0RXQWLQJ
7KH$765HPRWH$QQXQFLDWRULVVXLWDEOHIRU
Surface mounting using mounting screws studs
Flush Mount from behind a cutout section (Enclosure Door Mounting) Flush Mount from the front of a cutout section (Enclosure Door Mounting) E. Power Supply
7KH$765HPRWH$QQXQFLDWRUVKDOOEHFDSDEOHRIDFFHSWLQJ9'&9$&RU 9$&SRZHUVRXUFH
)(QYLURQPHQWDO
7KH$765HPRWH$QQXQFLDWRUVKDOOKDYHDQ$PELHQW2SHUDWLQJ7HPSHUDWXUHUDQJHRI WR)
WR&
#aKXPLGLW\DQG$PELHQW6WRUDJH7HPSHUDWXUH
RIWR)
WR&
3$57
$'',7,21$/5(48,5(0(176
:LWKVWDQGDQG&ORVLQJ5DWLQJV
$ 7KH $76%36 VKDOO EH UDWHG WR FORVH RQ DQG ZLWKVWDQG WKH DYDLODEOH 506 V\PPHWULFDO VKRUW FLUFXLW FXUUHQW DW WKH $76%36 WHUPLQDOV ZLWK WKH W\SH RI RYHUFXUUHQWSURWHFWLRQVKRZQRQWKHSODQV
% 7KH$76%36VKDOOEH8/OLVWHGLQDFFRUGDQFHZLWK8/DQGEHODEHOHG LQDFFRUGDQFHZLWKDQGVHFRQGVWLPHEDVHGUDWLQJVRUDSSURSULDWH VKRUWWLPHUDWLQJ
V
DVDSSOLFDEOH$76%36VZKLFKDUHQRWWHVWHGDQGODEHOHG ZLWK DQG VHFRQGV WLPH EDVHG UDWLQJ
V
RU DSSURSULDWH VKRUW WLPH
UDWLQJ
V
DQGKDYHVHULHVRUVSHFLILFEUHDNHUUDWLQJVRQO\DUHQRWDFFHSWDEOH 7HVWVDQG&HUWLILFDWLRQ
$ 7KHFRPSOHWH$76%36VKDOOEHIDFWRU\WHVWHGWRHQVXUHSURSHURSHUDWLRQRI WKH LQGLYLGXDO FRPSRQHQWV DQG FRUUHFW RYHUDOO VHTXHQFH RI RSHUDWLRQ DQGWR HQVXUH WKDW WKH RSHUDWLQJ WUDQVIHU WLPH YROWDJH IUHTXHQF\ DQG WLPH GHOD\ VHWWLQJVDUHLQFRPSOLDQFHZLWKWKHVSHFLILFDWLRQUHTXLUHPHQWV % 7KH$76%36PDQXIDFWXUHUVKDOOEHFHUWLILHGWR,62
,QWHUQDWLRQDO
4XDOLW\ 6WDQGDUG DQG WKH PDQXIDFWXUHU VKDOO KDYH WKLUG SDUW\ FHUWLILFDWLRQ YHULI\LQJ TXDOLW\ DVVXUDQFH LQ GHVLJQGHYHORSPHQW SURGXFWLRQ LQVWDOODWLRQ DQGVHUYLFLQJLQDFFRUGDQFHZLWK,62
6HUYLFH5HSUHVHQWDWLRQ
$ 7KH$76%36PDQXIDFWXUHUVKDOOPDLQWDLQDQDWLRQDOVHUYLFHRUJDQL]DWLRQRI FRPSDQ\HPSOR\HG SHUVRQQHO ORFDWHG WKURXJKRXW WKH FRQWLJXRXV 8QLWHG 6WDWHV7KHVHUYLFHFHQWHU
VSHUVRQQHOPXVWEHIDFWRU\WUDLQHGDQGPXVWEH
RQFDOOKRXUVDGD\GD\VD\HDU
% 7KHPDQXIDFWXUHUVKDOOPDLQWDLQUHFRUGVRIHDFKVZLWFKE\VHULDOQXPEHUIRU DPLQLPXPRI\HDUV
$33(1',&(6
$
APPENDIX A - FORM OF AGREEMENT
&2175$&7
IRUWKH&RQVWUXFWLRQRI
),9(&,7,(6),5($87+25,7<(0(5*(1&<*(1(5$725
5(3/$&(0(17352-(&73:
7+,6$*5((0(17PDGHDQGHQWHUHGLQWRWKLV GD\RI E\DQGEHWZHHQWKH&,7<2)$552<2*5$1'(DPXQLFLSDOFRUSRUDWLRQRIWKH 6WDWH RI &DOLIRUQLD KHUHLQDIWHU GHVLJQDWHG &LW\ SDUW\ RI WKH ILUVW SDUW DQG &2175$&72561$0(! KHUHLQDIWHUGHVLJQDWHGDV&RQWUDFWRUSDUW\RIWKH VHFRQG SDUW
:,71(66(7+
7KDWWKHSDUWLHVKHUHWRGRPXWXDOO\DJUHHDVIROORZV
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
,16(57%,'6&+('8/(!
$57,&/(,, &RPSHQVDWLRQDQG3D\PHQW)RUIXUQLVKLQJDOOVDLGHTXLSPHQWPDWHULDOV DQG ODERU SHUIRUPLQJ GHPROLWLRQ DV UHTXLUHG DQG GRLQJ DOOWKH ZRUN FRQWHPSODWHG DQG HPEUDFHGLQWKLV&RQWUDFW
DQGIRUDOOORVVDQGGDPDJHDULVLQJRXWRIWKHQDWXUHRIWKHZRUN DIRUHVDLGRUIURPWKHDFWLRQRIWKHHOHPHQWVRUIURPDQ\XQIRUHVHHQGLIILFXOWLHVZKLFKPD\ DULVHRUEHHQFRXQWHUHGLQWKHSURVHFXWLRQRIWKHZRUNXQWLOLWVDFFHSWDQFHE\&LW\DQGIRU DOOULVNVRIHYHU\GHVFULSWLRQFRQQHFWHGZLWKWKHZRUN
DOVRIRUDOOH[SHQVHVLQFXUUHGE\RU
LQFRQVHTXHQFHRIWKHVXVSHQVLRQRUGLVFRQWLQXDQFHRIZRUNH[FHSWVXFKDVLQWKHVDLG VSHFLILFDWLRQV DUH H[SUHVVO\ VWLSXODWHG WR EH ERUQH E\ &LW\ DQG IRU ZHOO DQG IDLWKIXOO\
FRPSOHWLQJWKHZRUNDQGWKHZKROHWKHUHRILQWKHPDQQHUVKRZQDQGGHVFULEHGLQWKHVDLG SODQV DQG VSHFLILFDWLRQV DQG LQ DFFRUGDQFH ZLWK WKH UHTXLUHPHQWV RI WKH &LW\ (QJLQHHU XQGHUWKHP&LW\ZLOOSD\DQG&RQWUDFWRUVKDOOUHFHLYHDVIXOOFRPSHQVDWLRQWKHUHIRUHWKH DPRXQWVIRUVXFKZRUNDVLQVWDOOHGIRUWKHXQLWSULFHVELGWKHUHIRUHLQDFFRUGDQFHZLWKWKH SURSRVDORI&RQWUDFWRU
)LQDOSD\PHQWFRQVWLWXWLQJWKHHQWLUHXQSDLGEDODQFHRIWKH$JUHHPHQW6XPVKDOOEHSDLG E\WKH&LW\WRWKH&RQWUDFWRUQRVRRQHUWKDQWKLUW\ILYH
GD\VDIWHUD1RWLFHRI&RPSOHWLRQ
KDVEHHQUHFRUGHGXQOHVVRWKHUZLVHVWLSXODWHGLQWKH1RWLFHRI&RPSOHWLRQSURYLGHGWKH
$33(1',&(6
$
ZRUNKDVWKHQEHHQFRPSOHWHGWKH$JUHHPHQWIXOO\SHUIRUPHGDQGDILQDO&HUWLILFDWHIRU 3D\PHQWKDVEHHQLVVXHGE\WKH&LW\
7KLV $JUHHPHQW LV VXEMHFW WR WKH SURYLVLRQV RI $UWLFOH FRPPHQFLQJ DW 6HFWLRQ
RI'LYLVLRQ3DUWRIWKH3XEOLF&RQWUDFW&RGHUHJDUGLQJSURPSWSD\PHQWRI FRQWUDFWRUVE\ORFDOJRYHUQPHQWV$UWLFOHPDQGDWHVFHUWDLQSURFHGXUHVIRUWKHSD\PHQW RIXQGLVSXWHGDQGSURSHUO\VXEPLWWHGSD\PHQWUHTXHVWVZLWKLQGD\VDIWHUUHFHLSWIRUWKH UHYLHZRISD\PHQWUHTXHVWVIRUQRWLFHWR&RQWUDFWRURILPSURSHUSD\PHQWUHTXHVWVDQG SURYLGHVIRUWKHSD\PHQWRILQWHUHVWRQSURJUHVVSD\PHQWUHTXHVWVZKLFKDUHQRWWLPHO\ PDGHLQDFFRUGDQFHZLWKWKDW$UWLFOH7KLV$JUHHPHQWKHUHE\LQFRUSRUDWHVWKHSURYLVLRQV RI$UWLFOHDVWKRXJKIXOO\VHWIRUWKKHUHLQ
$57,&/(,,,)XOO3HUIRUPDQFH&LW\KHUHE\SURPLVHVDQGDJUHHVZLWKVDLG&RQWUDFWRU WRHPSOR\DQGGRHVKHUHE\HPSOR\VDLG&RQWUDFWRUWRSURYLGHWKHPDWHULDOVDQGWRGRWKH ZRUNDFFRUGLQJWRWKHWHUPVDQGFRQGLWLRQVKHUHLQFRQWDLQHGDQGUHIHUUHGWRIRUWKHSULFHV DIRUHVDLGDQGKHUHE\FRQWUDFWVWRSD\WKHVDPHDWWKHWLPHLQWKHPDQQHUDQGXSRQWKH FRQGLWLRQVVHWIRUWKLQWKHVSHFLILFDWLRQV
DQGWKHVDLGSDUWLHVIRUWKHPVHOYHVWKHLUKHLUV
H[HFXWRUVDGPLQLVWUDWRUVVXFFHVVRUVDQGDVVLJQVGRKHUHE\DJUHHWRIXOOSHUIRUPDQFHRI WKHFRYHQDQWVKHUHLQFRQWDLQHG
$57,&/(,9&RQWUDFW'RFXPHQWV&RQWUDFW'RFXPHQWVVKDOOFRQVLVWRI7KH1RWLFHWR &RQWUDFWRUVWKH6WDWHPHQWRI3UHYDLOLQJ:DJHVWKH%LG5HTXLUHPHQWVWKH&RQWUDFW%LG WKH%RQGIRU)DLWKIXO3HUIRUPDQFHWKH%RQGIRU0DWHULDOV DQG /DERUHUVWKH &RQWUDFW $JUHHPHQWWKH6WDQGDUG6SHFLILFDWLRQV (QJLQHHULQJ6WDQGDUGVWKH6SHFLDO3URYLVLRQV DQG WKH 3URMHFW 3ODQV PHQWLRQHG WKHUHLQ DQG WLWOHG ³),9( &,7,(6 ),5( $87+25,7< (0(5*(1&<*(1(5$7255(3/$&(0(17352-(&73:
´DOORIZKLFKDUH
KHUHWRDWWDFKHGDQGDUHKHUHE\LQFRUSRUDWHGLQDQGPDGHDSDUWRIWKLV&RQWUDFW $57,&/(9 %RQGV&RQWUDFWRUVKDOOIRUWKZLWKIXUQLVKLQWULSOLFDWHDIDLWKIXOSHUIRUPDQFH ERQGLQDQDPRXQWHTXDOWRRIWKHFRQWUDFWSULFHDQGDODERUDQGPDWHULDOVERQGLQ DQ DPRXQW HTXDOWR RIWKH FRQWUDFW SULFH ERWK ERQGVWR EH ZULWWHQ E\ D VXUHW\ FRPSDQ\DFFHSWDEOHWR&LW\DQGLQWKHIRUPSUHVFULEHGE\ODZ $57,&/( 9, 7LPH IRU &RPSOHWLRQ $OO RI &RQWUDFWRU¶V ZRUN RQ WKH 3URMHFW VKDOO EH FRPSOHWHG ZLWKLQ GXUDWLRQV HVWDEOLVKHG IRU WKH LQGLYLGXDO DFWLYLWLHV DV VHW IRUWK LQ WKH 3URMHFW&RQVWUXFWLRQ6FKHGXOH$OOZRUNVKDOOFRPPHQFHWHQ
ZRUNLQJGD\VIURPWKH
VWDUWRIFRQWUDFWWLPH&RQWUDFWRUVKDOOUHIHUWRWKHLQYLWDWLRQVIRUELGVDQG3URMHFW3ODQV DQG6SHFLILFDWLRQVDOORIZKLFKDVVHWIRUWKEHORZDUHLQFRUSRUDWHGKHUHLQE\UHIHUHQFH IRUFRQWUDFWXDOREOLJDWLRQVUHJDUGLQJLQGLYLGXDODFWLYLW\GXUDWLRQV7KHDJJUHJDWHVXPWRWDO ZRUNRIDOOLQGLYLGXDO3ULPH&RQWUDFWRUVWRWKH&LW\FRPSULVHVWKHHQWLUH³3URMHFW´DQGVKDOO EHFRPPHQFHGDQGFRPSOHWHGLQFRQIRUPDQFHZLWKWKH3URMHFW&RQVWUXFWLRQ6FKHGXOH 7KHHQWLUH3URMHFWVKDOOEHFRPSOHWHGZLWKLQFRQVHFXWLYHZRUNLQJGD\V $57,&/(9,,/LTXLGDWHG'DPDJHV3XUVXDQWWR*RYHUQPHQW&RGH6HFWLRQ
LIZRUNLVQRWFRPSOHWHGZLWKLQWKHFRQWUDFWWLPHRULQVWULFWDFFRUGDQFHZLWKWKH3URMHFW 6FKHGXOHLWLVXQGHUVWRRGDFNQRZOHGJHGDQGDJUHHGWKDWWKH&LW\ZLOOVXIIHUGDPDJH,W LVWKHUHIRUHDJUHHGWKDWWKH&RQWUDFWRUVKDOOSD\WRWKH&LW\WKH VXPRIILIWHHQKXQGUHG
$33(1',&(6
$
GROODUV
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
V
VKDOO LQ QR UHVSHFW FRQVWLWXWHD ZDLYHU RU
PRGLILFDWLRQ RI DQ\ SURYLVLRQV UHJDUGLQJ &RQWUDFW 7LPH D FRPSOHWLRQ VFKHGXOH WKH 3URMHFW6FKHGXOHRUWKHDFFUXDORIOLTXLGDWHGGDPDJHV,QWKHHYHQWWKHVDPHLVQRWSDLG WKH &RQWUDFWRU IXUWKHU DJUHHV WKDW WKH &LW\ PD\ GHGXFW WKH DPRXQW WKHUHRI IURP DQ\ PRQH\GXHRUWKDWPD\EHFRPHGXHWKH&RQWUDFWRUXQGHUWKH$JUHHPHQW7KLVSDUDJUDSK GRHVQRWH[FOXGHUHFRYHU\RIGDPDJHVXQGHUSURYLVLRQVRIWKH&RQWUDFW'RFXPHQWVDQG LVH[SUHVVO\LQDGGLWLRQWRWKH&LW\¶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
$57,&/( ;, &RPSOLDQFH ZLWK 6WDWXWHV DQG 5HJXODWLRQV &RQWUDFWRU ZLOO EH NQRZOHGJHDEOH RI DQG ZLOO FRPSO\ ZLWK DOO DSSOLFDEOH IHGHUDO VWDWH FRXQW\ DQG FLW\ VWDWXWHVUXOHVUHJXODWLRQVRUGLQDQFHVDQGRUGHUV
$57,&/(;,,1RWLFH$OOQRWLFHVRURWKHURIILFLDOFRUUHVSRQGHQFHUHODWLQJWRFRQWUDFWXDO PDWWHUVEHWZHHQWKHSDUWLHVKHUHWRVKDOOEHPDGHE\SHUVRQDOVHUYLFHRUE\ILUVWFODVV PDLOSRVWDJHSUHSDLGDGGUHVVHGWRWKHSDUWLHVDVIROORZV
$33(1',&(6
$
&LW\
&LW\&OHUN
&LW\RI$UUR\R*UDQGH
(DVW%UDQFK6WUHHW
$UUR\R*UDQGH&DOLIRUQLD
&RQWUDFWRU
BBBBBBBBBBBBBBBBBBBBBBBB
BBBBBBBBBBBBBBBBBBBBBBBB
BBBBBBBBBBBBBBBBBBBBBBBB
BBBBBBBBBBBBBBBBBBBBBBBB
$57,&/( ;,,, 6HYHUDELOLW\ ,I DQ\ SDUW RI WKLV &RQWUDFW LV KHOG LQYDOLG E\ D FRXUW RI FRPSHWHQWMXULVGLFWLRQWKHEDODQFHVKDOOUHWDLQLWVIXOOIRUFHDQGHIIHFW $57,&/(;,9 *RYHUQLQJ/DZ
-XULVGLFWLRQ7KLV&RQWUDFWZLOOEHDGPLQLVWHUHGDQG
LQWHUSUHWHGXQGHUWKHODZVRIWKH6WDWHRI&DOLIRUQLD-XULVGLFWLRQRIDQ\OLWLJDWLRQDULVLQJ IURPWKH&RQWUDFWZLOOEHLQ6DQ/XLV2ELVSR&RXQW\&DOLIRUQLD $57,&/( ;9 $XWKRUL]DWLRQ $OO RIILFHUV DQG LQGLYLGXDOV H[HFXWLQJ WKLV DQG RWKHU GRFXPHQWVRQEHKDOIRIWKHUHVSHFWLYHSDUWLHVKHUHE\FHUWLI\DQGZDUUDQWWKDWWKH\KDYH WKHFDSDFLW\DQGKDYHEHHQGXO\DXWKRUL]HGWRH[HFXWHVDLGGRFXPHQWVRQEHKDOIRIWKH HQWLWLHVLQGLFDWHG
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
7KHIROORZLQJVWDWXWRULO\UHTXLUHGSURYLVLRQVKHUHE\DSSO\WRWKLVFRQWUDFW
5HFRUG$XGLW,QDFFRUGDQFHZLWK*RYHUQPHQW&RGH6HFWLRQUHFRUGVRIERWK WKH &LW\ DQG WKH &RQWUDFWRU VKDOO EH VXEMHFW WR H[DPLQDWLRQ DQG DXGLW E\ WKH $XGLWRU *HQHUDOIRUDSHULRGRIWKUHH
\HDUVDIWHUILQDOSD\PHQW
5HWHQWLRQRI6HFXULWLHV3XEOLF&RQWUDFW&RGH6HFWLRQSHUPLWVWKHVXEVWLWXWLRQ RIVHFXULWLHVIRUDQ\PRQLHVZLWKKHOGE\DSXEOLFDJHQF\WRHQVXUHSHUIRUPDQFHXQGHUD FRQWUDFWDWWKHUHTXHVWDQGH[SHQVHRIWKH&RQWUDFWRU &ODLPV,QDFFRUGDQFHZLWKWKHUHTXLUHPHQWVRI3XEOLF&RQWUDFW&RGH6HFWLRQ
H
DFRS\RI3XEOLF&RQWUDFW&RGH6HFWLRQ
LVDWWDFKHGKHUHWRDQGPDGHDSDUWKHUHRI
3UHYDLOLQJ:DJHV DQG',55HJLVWUDWLRQ,Q DFFRUGDQFH ZLWK &DOLIRUQLD /DERU&RGH 6HFWLRQ &RQWUDFWRUVDQG6XEFRQWUDFWRUV
DV GHILQHGE\&DOLIRUQLD /DERU&RGH
$33(1',&(6
$
6HFWLRQ
ELGGLQJRQRUHQJDJLQJLQWKHSHUIRUPDQFHRIDQ\3XEOLF:RUNVFRQWUDFWV LQ&DOLIRUQLDVKDOOEHUHJLVWHUHGZLWKWKH'HSDUWPHQWRI,QGXVWULDO5HODWLRQ
,Q DFFRUGDQFH ZLWK &DOLIRUQLD /DERU &RGH 6HFWLRQ DQG WKH &LW\ KDV GHWHUPLQHGWKDWSUHYDLOLQJZDJHUDWHVDSSO\WRWKLVSURMHFW&RSLHVRIWKHSUHYDLOLQJUDWHV RISHUGLHPZDJHVDSSOLFDEOHWRWKLV&RQWUDFWDUHDYDLODEOHIURPWKH&DOLIRUQLD'LYLVLRQRI /DERU 6WDWLVWLFV DQG 5HVHDUFK DW ZZZGLUFDJRYGVOU3:3LQGH[KWP RU *ROGHQ *DWH$YH
WK)ORRU6DQ)UDQFLVFR&$
$Q\HPSOR\HHZKRVHW\SHRIZRUNLVQRW
FRYHUHGE\DQ\RIWKHFODVVLILHGZDJHUDWHVVKDOOEHSDLGQRWOHVVWKDQWKHUDWHRIZDJH OLVWHGIRUWKHFODVVLILFDWLRQZKLFKPRVWQHDUO\FRUUHVSRQGVWRWKHW\SHRIZRUNSHUIRUPHG 3XUVXDQWWR&DOLIRUQLD/DERU&RGH6HFWLRQWKH&RQWUDFWRUVKDOOIRUIHLWQRPRUHWKDQ SHUFDOHQGDUGD\RUSRUWLRQRIDGD\IRUHDFKZRUNHUSDLGOHVVWKDQWKHSUHYDLOLQJ UDWHVIRUVXFKZRUNRUFUDIWDQGWKHSHQDOW\VKDOOEHLPSRVHGDQGGLVWULEXWHGSXUVXDQWWR 6HFWLRQ
7KH IROORZLQJ /DERU &RGH VHFWLRQV DUH KHUHE\ UHIHUHQFHG DQG PDGH D SDUW RI WKLV $JUHHPHQW
6HFWLRQ3HQDOW\IRU)DLOXUHWR&RPSO\ZLWK3UHYDLOLQJ:DJH5DWHV 6HFWLRQ$SSUHQWLFHVKLS5HTXLUHPHQWV
6HFWLRQ3HQDOW\IRU)DLOXUHWR3D\2YHUWLPH 6HFWLRQVDQG:RUNLQJ+RXU5HVWULFWLRQV 6HFWLRQ3D\UROO5HFRUGV
6HFWLRQ7UDYHODQG6XEVLVWHQFH3D\
7KH &LW\ ZLOO QRW UHFRJQL]H DQ\ FODLPV IRU DGGLWLRQDO FRPSHQVDWLRQ EHFDXVH RI WKH SD\PHQWRIWKHZDJHVVHWIRUWKLQWKH&RQWUDFW
,QDFFRUGDQFHZLWKWKHUHTXLUHPHQWVRI/DERU&RGH6HFWLRQ D
WKLVSURMHFWLV
VXEMHFW WR FRPSOLDQFH PRQLWRULQJ DQG HQIRUFHPHQW E\ WKH 'HSDUWPHQW RI ,QGXVWULDO 5HODWLRQV
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
$33(1',&(6
$
,1:,71(66:+(5(2)
7KHSDUWLHVKHUHWRKDYHFDXVHGWKLV&RQWUDFWWREHH[HFXWHG WKHGD\DQG\HDUILUVWDERYHZULWWHQ
&,7<2)$552<2*5$1'( &2175$&725
%\
%\
0D\RU
7LWOH
$77(67
'LUHFWRU RI /HJLVODWLYH ,QIRUPDWLRQ
6HUYLFHV&LW\&OHUN
$33529('$672)250
&LW\$WWRUQH\
$33(1',&(6
$
$WWDFKPHQW
3XEOLF&RQWUDFW&RGH6HFWLRQ
D
7KH/HJLVODWXUHILQGVDQGGHFODUHVWKDWLWLVLQWKHEHVWLQWHUHVWVRIWKHVWDWHDQGLWV FLWL]HQVWRHQVXUHWKDWDOOFRQVWUXFWLRQEXVLQHVVSHUIRUPHGRQDSXEOLFZRUNVSURMHFW LQWKHVWDWHWKDWLVFRPSOHWHDQGQRWLQGLVSXWHLVSDLGLQIXOODQGLQDWLPHO\PDQQHU
E
1RWZLWKVWDQGLQJDQ\RWKHUODZLQFOXGLQJEXWQRWOLPLWHGWR$UWLFOH FRPPHQFLQJ
ZLWK6HFWLRQ
RI&KDSWHURI3DUW&KDSWHU
FRPPHQFLQJZLWK6HFWLRQ
RI3DUWDQG$UWLFOH
FRPPHQFLQJZLWK6HFWLRQ
RI&KDSWHURI
3DUWWKLVVHFWLRQVKDOODSSO\WRDQ\FODLPE\DFRQWUDFWRULQFRQQHFWLRQZLWKDSXEOLF ZRUNVSURMHFW
F
)RUSXUSRVHVRIWKLVVHFWLRQ
³&ODLP´PHDQVDVHSDUDWHGHPDQGE\DFRQWUDFWRUVHQWE\UHJLVWHUHGPDLORU FHUWLILHGPDLOZLWKUHWXUQUHFHLSWUHTXHVWHGIRURQHRUPRUHRIWKHIROORZLQJ
$
$WLPHH[WHQVLRQLQFOXGLQJZLWKRXWOLPLWDWLRQIRUUHOLHIIURPGDPDJHV RUSHQDOWLHVIRUGHOD\DVVHVVHGE\DSXEOLFHQWLW\XQGHUDFRQWUDFWIRU DSXEOLFZRUNVSURMHFW
%
3D\PHQWE\WKHSXEOLFHQWLW\RIPRQH\RUGDPDJHVDULVLQJIURPZRUN GRQHE\RURQEHKDOIRIWKHFRQWUDFWRUSXUVXDQWWRWKHFRQWUDFWIRUD SXEOLFZRUNVSURMHFWDQGSD\PHQWIRUZKLFKLVQRWRWKHUZLVHH[SUHVVO\ SURYLGHGRUWRZKLFKWKHFODLPDQWLVQRWRWKHUZLVHHQWLWOHG
&
3D\PHQWRIDQDPRXQWWKDWLVGLVSXWHGE\WKHSXEOLFHQWLW\
³&RQWUDFWRU´PHDQVDQ\W\SHRIFRQWUDFWRUZLWKLQWKHPHDQLQJRI&KDSWHU
FRPPHQFLQJ ZLWK 6HFWLRQ
RI 'LYLVLRQ RI WKH %XVLQHVV DQG
3URIHVVLRQV&RGHZKRKDVHQWHUHGLQWRDGLUHFWFRQWUDFWZLWKDSXEOLFHQWLW\ IRUDSXEOLFZRUNVSURMHFW
$
³3XEOLFHQWLW\´PHDQVZLWKRXWOLPLWDWLRQH[FHSWDVSURYLGHGLQ VXESDUDJUDSK
%
D VWDWH DJHQF\ GHSDUWPHQW RIILFH GLYLVLRQ
EXUHDX ERDUG RU FRPPLVVLRQ WKH &DOLIRUQLD 6WDWH 8QLYHUVLW\ WKH 8QLYHUVLW\ RI &DOLIRUQLD D FLW\ LQFOXGLQJ D FKDUWHU FLW\ FRXQW\ LQFOXGLQJDFKDUWHUFRXQW\FLW\DQGFRXQW\LQFOXGLQJDFKDUWHUFLW\DQG FRXQW\GLVWULFWVSHFLDOGLVWULFWSXEOLFDXWKRULW\SROLWLFDOVXEGLYLVLRQ SXEOLFFRUSRUDWLRQRUQRQSURILWWUDQVLWFRUSRUDWLRQZKROO\RZQHGE\D SXEOLF DJHQF\ DQG IRUPHG WR FDUU\ RXW WKH SXUSRVHV RI WKH SXEOLF DJHQF\
%
³3XEOLFHQWLW\´VKDOOQRWLQFOXGHWKHIROORZLQJ
$33(1',&(6
$
L
7KH'HSDUWPHQWRI:DWHU5HVRXUFHVDVWRDQ\SURMHFWXQGHU WKHMXULVGLFWLRQRIWKDWGHSDUWPHQW
LL
7KH'HSDUWPHQWRI7UDQVSRUWDWLRQDVWRDQ\SURMHFWXQGHUWKH MXULVGLFWLRQRIWKDWGHSDUWPHQW
LLL
7KH 'HSDUWPHQW RI 3DUNV DQG 5HFUHDWLRQ DV WR DQ\ SURMHFW XQGHUWKHMXULVGLFWLRQRIWKDWGHSDUWPHQW
LY
7KH'HSDUWPHQWRI&RUUHFWLRQVDQG5HKDELOLWDWLRQZLWKUHVSHFW WR DQ\ SURMHFW XQGHU LWV MXULVGLFWLRQ SXUVXDQW WR &KDSWHU
FRPPHQFLQJZLWK6HFWLRQ
RI7LWOHRI3DUWRIWKH3HQDO
&RGH
Y
7KH0LOLWDU\'HSDUWPHQWDVWRDQ\SURMHFWXQGHUWKHMXULVGLFWLRQ RIWKDWGHSDUWPHQW
YL
7KH'HSDUWPHQWRI*HQHUDO6HUYLFHVDVWRDOORWKHUSURMHFWV
YLL
7KH+LJK6SHHG5DLO$XWKRULW\
³3XEOLFZRUNVSURMHFW´PHDQVWKHHUHFWLRQFRQVWUXFWLRQDOWHUDWLRQUHSDLURU LPSURYHPHQW RI DQ\ SXEOLF VWUXFWXUH EXLOGLQJ URDG RU RWKHU SXEOLF LPSURYHPHQWRIDQ\NLQG
³6XEFRQWUDFWRU´PHDQVDQ\W\SHRIFRQWUDFWRUZLWKLQWKHPHDQLQJRI&KDSWHU
FRPPHQFLQJ ZLWK 6HFWLRQ
RI 'LYLVLRQ RI WKH %XVLQHVV DQG
3URIHVVLRQV&RGHZKR HLWKHU LV LQ GLUHFW FRQWUDFWZLWK D FRQWUDFWRU RU LV D ORZHUWLHUVXEFRQWUDFWRU
G
$
8SRQ UHFHLSWRIDFODLPSXUVXDQWWRWKLVVHFWLRQWKHSXEOLFHQWLW\WR ZKLFKWKHFODLPDSSOLHVVKDOOFRQGXFWDUHDVRQDEOHUHYLHZRIWKHFODLP DQGZLWKLQDSHULRGQRWWRH[FHHGGD\VVKDOOSURYLGHWKHFODLPDQW DZULWWHQ VWDWHPHQW LGHQWLI\LQJZKDW SRUWLRQ RIWKH FODLP LV GLVSXWHG DQGZKDWSRUWLRQLVXQGLVSXWHG8SRQUHFHLSWRIDFODLPDSXEOLFHQWLW\ DQGDFRQWUDFWRUPD\E\PXWXDODJUHHPHQWH[WHQGWKHWLPHSHULRG SURYLGHGLQWKLVVXEGLYLVLRQ
%
7KHFODLPDQWVKDOOIXUQLVKUHDVRQDEOHGRFXPHQWDWLRQWRVXSSRUWWKH FODLP
&
,IWKHSXEOLFHQWLW\QHHGVDSSURYDOIURPLWVJRYHUQLQJERG\WRSURYLGH WKHFODLPDQWDZULWWHQVWDWHPHQWLGHQWLI\LQJWKHGLVSXWHGSRUWLRQDQG WKHXQGLVSXWHGSRUWLRQRIWKHFODLPDQGWKHJRYHUQLQJERG\GRHVQRW PHHWZLWKLQWKHGD\VRUZLWKLQWKHPXWXDOO\DJUHHGWRH[WHQVLRQRI WLPHIROORZLQJ UHFHLSW RI D FODLP VHQW E\ UHJLVWHUHGPDLO RU FHUWLILHG
$33(1',&(6
$
PDLOUHWXUQUHFHLSWUHTXHVWHGWKHSXEOLFHQWLW\VKDOOKDYHXSWRWKUHH GD\VIROORZLQJWKHQH[WGXO\SXEOLFO\QRWLFHGPHHWLQJRIWKHJRYHUQLQJ ERG\ DIWHU WKH GD\ SHULRG RU H[WHQVLRQ H[SLUHV WR SURYLGH WKH FODLPDQWDZULWWHQVWDWHPHQWLGHQWLI\LQJWKHGLVSXWHGSRUWLRQDQGWKH XQGLVSXWHGSRUWLRQ
'
$Q\ SD\PHQW GXH RQ DQ XQGLVSXWHG SRUWLRQ RI WKH FODLP VKDOO EH SURFHVVHGDQGPDGHZLWKLQGD\VDIWHUWKHSXEOLFHQWLW\LVVXHVLWV ZULWWHQVWDWHPHQW,IWKHSXEOLFHQWLW\IDLOVWRLVVXHDZULWWHQVWDWHPHQW SDUDJUDSK
VKDOODSSO\
$
,IWKHFODLPDQWGLVSXWHVWKHSXEOLFHQWLW\¶VZULWWHQUHVSRQVHRULIWKH SXEOLFHQWLW\IDLOVWRUHVSRQGWRDFODLPLVVXHGSXUVXDQWWRWKLVVHFWLRQ ZLWKLQ WKH WLPH SUHVFULEHG WKH FODLPDQW PD\ GHPDQG LQ ZULWLQJ DQ LQIRUPDOFRQIHUHQFHWRPHHWDQGFRQIHUIRUVHWWOHPHQWRIWKHLVVXHVLQ GLVSXWH8SRQUHFHLSWRIDGHPDQGLQZULWLQJVHQWE\UHJLVWHUHGPDLO RU FHUWLILHG PDLO UHWXUQ UHFHLSW UHTXHVWHG WKH SXEOLF HQWLW\ VKDOO VFKHGXOHDPHHWDQGFRQIHUFRQIHUHQFHZLWKLQGD\VIRUVHWWOHPHQW RIWKHGLVSXWH
%
:LWKLQ EXVLQHVV GD\V IROORZLQJ WKH FRQFOXVLRQ RI WKH PHHW DQG FRQIHUFRQIHUHQFHLIWKHFODLPRUDQ\SRUWLRQRIWKHFODLPUHPDLQVLQ GLVSXWHWKHSXEOLFHQWLW\VKDOOSURYLGHWKHFODLPDQWDZULWWHQVWDWHPHQW LGHQWLI\LQJ WKH SRUWLRQ RI WKH FODLP WKDW UHPDLQV LQ GLVSXWH DQG WKH SRUWLRQWKDWLVXQGLVSXWHG$Q\SD\PHQWGXHRQDQXQGLVSXWHGSRUWLRQ RIWKH FODLP VKDOO EH SURFHVVHG DQGPDGH ZLWKLQ GD\V DIWHUWKH SXEOLFHQWLW\LVVXHVLWVZULWWHQVWDWHPHQW$Q\GLVSXWHGSRUWLRQRIWKH FODLPDVLGHQWLILHGE\WKHFRQWUDFWRULQZULWLQJVKDOOEHVXEPLWWHGWR QRQELQGLQJPHGLDWLRQZLWKWKHSXEOLFHQWLW\DQGWKHFODLPDQWVKDULQJ WKH DVVRFLDWHG FRVWV HTXDOO\ 7KH SXEOLF HQWLW\ DQG FODLPDQW VKDOO PXWXDOO\ DJUHH WR D PHGLDWRU ZLWKLQ EXVLQHVV GD\V DIWHU WKH GLVSXWHG SRUWLRQ RI WKH FODLP KDV EHHQ LGHQWLILHG LQ ZULWLQJ ,I WKH SDUWLHV FDQQRW DJUHH XSRQ D PHGLDWRU HDFK SDUW\ VKDOO VHOHFW D PHGLDWRU DQG WKRVH PHGLDWRUV VKDOO VHOHFW D TXDOLILHG QHXWUDO WKLUG SDUW\WRPHGLDWHZLWKUHJDUGWRWKHGLVSXWHGSRUWLRQRIWKHFODLP(DFK SDUW\VKDOOEHDUWKHIHHVDQGFRVWVFKDUJHGE\LWVUHVSHFWLYHPHGLDWRU LQFRQQHFWLRQZLWKWKHVHOHFWLRQRIWKHQHXWUDOPHGLDWRU,IPHGLDWLRQLV XQVXFFHVVIXO WKH SDUWV RI WKH FODLP UHPDLQLQJ LQ GLVSXWH VKDOO EH VXEMHFWWRDSSOLFDEOHSURFHGXUHVRXWVLGHWKLVVHFWLRQ
&
)RU SXUSRVHV RI WKLV VHFWLRQ PHGLDWLRQ LQFOXGHV DQ\ QRQELQGLQJ SURFHVVLQFOXGLQJEXWQRWOLPLWHGWRQHXWUDOHYDOXDWLRQRUDGLVSXWH UHYLHZERDUGLQZKLFKDQLQGHSHQGHQWWKLUGSDUW\RUERDUGDVVLVWVWKH SDUWLHVLQGLVSXWHUHVROXWLRQWKURXJKQHJRWLDWLRQRUE\LVVXDQFHRIDQ HYDOXDWLRQ$Q\PHGLDWLRQXWLOL]HGVKDOOFRQIRUPWRWKHWLPHIUDPHVLQ WKLVVHFWLRQ
$33(1',&(6
$
'
8QOHVVRWKHUZLVHDJUHHGWRE\WKHSXEOLFHQWLW\DQGWKHFRQWUDFWRULQ ZULWLQJWKHPHGLDWLRQFRQGXFWHGSXUVXDQWWRWKLVVHFWLRQVKDOOH[FXVH DQ\IXUWKHUREOLJDWLRQXQGHU6HFWLRQWRPHGLDWHDIWHUOLWLJDWLRQ KDVEHHQFRPPHQFHG
(
7KLVVHFWLRQGRHVQRWSUHFOXGHDSXEOLFHQWLW\IURPUHTXLULQJDUELWUDWLRQ RI GLVSXWHV XQGHU SULYDWH DUELWUDWLRQ RU WKH 3XEOLF :RUNV &RQWUDFW $UELWUDWLRQ3URJUDPLIPHGLDWLRQXQGHUWKLVVHFWLRQGRHVQRWUHVROYH WKHSDUWLHV¶GLVSXWH
)DLOXUHE\WKHSXEOLFHQWLW\WRUHVSRQGWRDFODLPIURPDFRQWUDFWRUZLWKLQWKH WLPH SHULRGV GHVFULEHG LQ WKLV VXEGLYLVLRQ RU WR RWKHUZLVH PHHW WKH WLPH UHTXLUHPHQWVRIWKLVVHFWLRQVKDOOUHVXOWLQWKHFODLPEHLQJGHHPHGUHMHFWHG LQLWVHQWLUHW\$FODLPWKDWLVGHQLHGE\UHDVRQRIWKHSXEOLFHQWLW\¶VIDLOXUHWR KDYH UHVSRQGHG WR D FODLP RU LWV IDLOXUH WR RWKHUZLVH PHHW WKH WLPH UHTXLUHPHQWV RI WKLV VHFWLRQ VKDOO QRW FRQVWLWXWH DQ DGYHUVH ILQGLQJ ZLWK UHJDUGWRWKHPHULWVRIWKHFODLPRUWKHUHVSRQVLELOLW\RUTXDOLILFDWLRQVRIWKH FODLPDQW
$PRXQWVQRWSDLGLQDWLPHO\PDQQHUDVUHTXLUHGE\WKLVVHFWLRQVKDOOEHDU LQWHUHVWDWSHUFHQWSHUDQQXP
,IDVXEFRQWUDFWRURUDORZHUWLHUVXEFRQWUDFWRUODFNVOHJDOVWDQGLQJWRDVVHUW DFODLPDJDLQVWDSXEOLFHQWLW\EHFDXVHSULYLW\RIFRQWUDFWGRHVQRWH[LVWWKH FRQWUDFWRU PD\ SUHVHQW WR WKH SXEOLF HQWLW\ D FODLP RQ EHKDOI RI D VXEFRQWUDFWRU RU ORZHU WLHU VXEFRQWUDFWRU $ VXEFRQWUDFWRU PD\UHTXHVW LQ ZULWLQJ HLWKHU RQ KLV RU KHU RZQ EHKDOI RU RQ EHKDOI RI D ORZHU WLHU VXEFRQWUDFWRU WKDW WKH FRQWUDFWRU SUHVHQW D FODLP IRU ZRUN ZKLFK ZDV SHUIRUPHGE\WKHVXEFRQWUDFWRURUE\DORZHUWLHUVXEFRQWUDFWRURQEHKDOIRI WKHVXEFRQWUDFWRU7KHVXEFRQWUDFWRUUHTXHVWLQJWKDWWKHFODLPEHSUHVHQWHG WR WKH SXEOLF HQWLW\ VKDOO IXUQLVK UHDVRQDEOH GRFXPHQWDWLRQ WR VXSSRUW WKH FODLP:LWKLQGD\VRIUHFHLSWRIWKLVZULWWHQUHTXHVWWKHFRQWUDFWRUVKDOO QRWLI\WKHVXEFRQWUDFWRULQZULWLQJDVWRZKHWKHUWKHFRQWUDFWRUSUHVHQWHGWKH FODLPWRWKH SXEOLF HQWLW\ DQG LIWKH RULJLQDO FRQWUDFWRU GLG QRWSUHVHQWWKH FODLP SURYLGH WKH VXEFRQWUDFWRU ZLWK D VWDWHPHQW RI WKH UHDVRQV IRU QRW KDYLQJGRQHVR
H
7KH WH[W RI WKLV VHFWLRQ RU D VXPPDU\ RI LW VKDOO EH VHW IRUWK LQ WKH SODQV RU VSHFLILFDWLRQVIRUDQ\SXEOLFZRUNVSURMHFWWKDWPD\JLYHULVHWRDFODLPXQGHUWKLV VHFWLRQ
I
$ZDLYHURIWKHULJKWVJUDQWHGE\WKLVVHFWLRQLVYRLGDQGFRQWUDU\WRSXEOLFSROLF\ SURYLGHGKRZHYHUWKDW
XSRQUHFHLSWRIDFODLPWKHSDUWLHVPD\PXWXDOO\DJUHH WRZDLYHLQZULWLQJPHGLDWLRQDQGSURFHHGGLUHFWO\WRWKHFRPPHQFHPHQWRIDFLYLO DFWLRQ RU ELQGLQJ DUELWUDWLRQ DV DSSOLFDEOH
DQG
D SXEOLFHQWLW\PD\ SUHVFULEH
$33(1',&(6
$
UHDVRQDEOH FKDQJH RUGHU FODLP DQG GLVSXWH UHVROXWLRQ SURFHGXUHV DQG UHTXLUHPHQWVLQDGGLWLRQWRWKHSURYLVLRQVRIWKLVVHFWLRQVRORQJDVWKHFRQWUDFWXDO SURYLVLRQVGRQRWFRQIOLFWZLWKRURWKHUZLVHLPSDLUWKHWLPHIUDPHVDQGSURFHGXUHV VHWIRUWKLQWKLVVHFWLRQ
J
7KLVVHFWLRQDSSOLHVWRFRQWUDFWVHQWHUHGLQWRRQRUDIWHU-DQXDU\
K
1RWKLQJLQWKLVVHFWLRQVKDOOLPSRVHOLDELOLW\XSRQDSXEOLFHQWLW\WKDWPDNHVORDQVRU JUDQWV DYDLODEOH WKURXJK D FRPSHWLWLYH DSSOLFDWLRQ SURFHVV IRU WKH IDLOXUH RI DQ DZDUGHHWRPHHWLWVFRQWUDFWXDOREOLJDWLRQV
L
7KLVVHFWLRQVKDOOUHPDLQLQHIIHFWRQO\XQWLO-DQXDU\DQGDVRIWKDWGDWHLV UHSHDOHGXQOHVVDODWHUHQDFWHG VWDWXWHWKDWLVHQDFWHGEHIRUH -DQXDU\ GHOHWHVRUH[WHQGVWKDWGDWH
(1'2)&2175$&7
$33(1',&(6
$
3$<0(17%21'
)25/$%25$1'0$7(5,$/
.12:$//0(1%<7+(6(35(6(176
7KDWZH DV3ULQFLSDODQG
DV6XUHW\DUHKHOGDQGILUPO\ERXQGXQWRWKH&LW\RI$UUR\R*UDQGHLQWKHVXPRI 'ROODUV
ODZIXOPRQH\RIWKH8QLWHG6WDWHVIRUWKHSD\PHQWRIZKLFKVXP ZHOO DQG WUXO\ WR EH PDGH ZH ELQG RXUVHOYHV MRLQWO\ DQG VHYHUDOO\ ILUPO\ E\ WKHVH SUHVHQWV
7KH FRQGLWLRQ RI WKH DERYH REOLJDWLRQ LV VXFK WKDW ZKHUHDV VDLG 3ULQFLSDO KDV EHHQ DZDUGHGDQGLVDERXWWRHQWHULQWRDZULWWHQFRQWUDFWZLWKWKH&LW\RI$UUR\R*UDQGHIRU WKH ZRUN GHVFULEHG LQ &2175$&7 '2&80(176 )25 7+( &216758&7,21 2) ³),9( &,7,(6 ),5( $87+25,7< (0(5*(1&< *(1(5$725 5(3/$&(0(17 352-(&73:
´ZKLFKLVDWWDFKHGKHUHWRPDGHDSDUWKHUHRIDQGWRZKLFK UHIHUHQFHLVKHUHE\PDGHIRUDOOSDUWLFXODUVDQGLVUHTXLUHGE\VDLG&LW\WRJLYHWKLVERQG LQFRQQHFWLRQZLWKWKHH[HFXWLRQRIVDLGFRQWUDFW
12: 7+(5()25( LI VDLG 3ULQFLSDO DV &RQWUDFWRU LQ VDLG FRQWUDFW RU 3ULQFLSDO V
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
DQGLIVXLWLVEURXJKWXSRQWKLVERQGDUHDVRQDEOHDWWRUQH\ VIHHWREH
IL[HGE\WKHFRXUW7KLVERQGLVSXUVXDQWWRWKHSURYLVLRQVRI&K'LY3W7LWRI WKH &LYLO &RGH RI WKH6WDWH RI &DOLIRUQLD DQG VKDOO LQVXUH WRWKH EHQHILW RI DQ\ RIWKH SHUVRQVUHIHUUHGWRLQVDLG&LYLO&RGH6HFWLRQDVLWQRZH[LVWVRUPD\KHUHDIWHUEH DPHQGHGVRDVWRJLYHDILJKWRIDFWLRQWRVXFKSHUVRQVRUWKHLUDVVLJQVLQDQ\VXLWEURXJKW XSRQWKLVERQG1RSUHPDWXUHSD\PHQWE\VDLG&LW\WRVDLG3ULQFLSDOVKDOOH[RQHUDWHDQ\ 6XUHW\XQOHVVWKH&LW\&RXQFLORIVDLG&LW\VKDOOKDYHDFWXDOQRWLFHWKDWVXFKSD\PHQWLV SUHPDWXUHDWWKHWLPHDQGLWLVRUGHUHGE\VDLG&RXQFLODQGWKHQRQO\WRWKHH[WHQWWKDW VXFKSD\PHQWVKDOOUHVXOWLQORVVWRVXFK6XUHW\EXWLQQRHYHQWPRUHWKDQWKHDPRXQWRI VXFKSUHPDWXUHSD\PHQW
,WLVDJUHHGWKDWDQ\DOWHUDWLRQVLQWKHZRUNWREHGRQHRULQFUHDVHRUGHFUHDVHRIWKH PDWHULDOWREHIXUQLVKHGZKLFKPD\EHPDGHSXUVXDQWWRWKHWHUPVRIVDLGFRQWUDFWVKDOO QRWLQDQ\ZD\UHOHDVHHLWKHUWKH3ULQFLSDORU6XUHW\KHUHXQGHUQRUVKDOODQ\H[WHQVLRQ RIWLPHJUDQWHGXQGHUWKHSURYLVLRQVRIVDLGFRQWUDFWUHOHDVHHLWKHUWKH3ULQFLSDORU6XUHW\ DQGQRWLFHRIVXFKDOWHUDWLRQVRUH[WHQVLRQVRIWKHFRQWUDFWLVKHUHE\ZDLYHGE\WKHVXUHW\
$33(1',&(6
$
:,71(66RXUKDQGVWKLV GD\RI 6XUHW\ 3ULQFLSDO
$//6,*1$785(60867%(:,71(66('%<127$5<
$WWDFKDSSURSULDWHMXUDWV
(1'2)3$<0(17%21'
$33(1',&(6
$
)$,7+)8/3(5)250$1&(%21'
.12:$//0(1%<7+(6(35(6(176
7KDWZH DV3ULQFLSDODQG
DV6XUHW\DUHKHOGDQGILUPO\ERXQGXQWRWKH&LW\RI$UUR\R*UDQGHLQWKHVXPRI 'ROODUV
ODZIXOPRQH\RIWKH8QLWHG6WDWHVIRUWKHSD\PHQWRIZKLFKVXP ZHOODQGWUXO\WREHPDGHKDVEHHQDZDUGHGDQGLVDERXWWRHQWHULQWRDZULWWHQFRQWUDFW ZLWKWKH&LW\RI$UUR\R*UDQGHIRUWKHZRUNGHVFULEHGLQWKH&2175$&7'2&80(176 )257+(&216758&7,212)7+(³),9(&,7,(6),5($87+25,7<(0(5*(1&< *(1(5$725 5(3/$&(0(17 352-(&7 3:
´ ZKLFK LV DWWDFKHG KHUHWR
PDGH D SDUW KHUHRI DQGWR ZKLFK UHIHUHQFH LV KHUHE\PDGHIRU DOO SDUWLFXODUV DQG LV UHTXLUHGE\VDLG&LW\WRJLYHWKLVERQGLQFRQQHFWLRQZLWKWKHH[HFXWLRQRIVDLGFRQWUDFW
12: 7+(5()25( LI VDLG 3ULQFLSDO VKDOO ZHOO DQG WUXO\ GR DQG SHUIRUP DOO RI WKH FRYHQDQWVDQGREOLJDWLRQVRIVDLGFRQWUDFWRQ3ULQFLSDO VSDUWWREHGRQHDQGSHUIRUPHG
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
$//6,*1$785(60867%(:,71(66('%<127$5<
$WWDFKDSSURSULDWHMXUDWV
(1'2))$,7+)8/3(5)250$1&(%21'
?
$77$&+0(173/$16
6RXWKWK6WUHHW
6DQ-RVH&DOLIRUQLD
_
I
VDODVREULHQFRP
ŽnjĞŵĂŶ_ >ŽƐŶŐĞůĞƐ _0RQWHUH\
KĂŬůĂŶĚ_KƌĂŶŐĞŽƵŶƚLJͮ^ĂĐƌĂŵĞŶƚŽ
^ĂŶŝĞŐŽ_ ^ĂŶ>ƵŝƐKďŝƐƉŽ_^ĞĂƚƚůĞ
&,7<2)$552<2*5$1'(
),9(&,7,(6),5($87+25,7<67$7,21
75$)),&:$<
$552<2*5$1'(&$/,)251,$
3:
(0(5*(1&<*(1(5$7255(3/$&(0(17352-(&7
Z
s/
t
&KZK
KDW>/E
KĐƚϭϮ͕ϮϬϮϮ z͗
ϮϬϭϵ>/&KZE/Z
^/
Ed/>K
ϮϬϭϵ>/&KZE/h/>/E'K
ϮϬϭϵ>/&KZE/
>
dZ/>K
ϮϬϭϵ>/&KZE/W>hD/E'K
ϮϬϭϵ>/&KZE/D
,E/>K
ϮϬϭϵ>/&KZE/
E
Z'zK
ϮϬϭϵ>/&KZE/'Z
Eh/>/E'^dEZ^K
ϮϬϭϵ>/&KZE/h/>/E'K
Ͳ^dZhdhZ>
^/'EWZKs/^/KE^KE>zϮϬϭϵ>/&KZE/&/Z
K
Kd,
Z͗ ͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺ KDW>
d/KEK&d,/^Z
s/
tK
^EKdhd,KZ/
KE^dZhd/KEdKWZK
/E
s/K>d/KEK&Ez&
Z>͕^dd
KZ>K>Z
'h>d/KE^͘
WZKE^h>d/E''ZKhW
h^/E'd,
&K>>Kt/E'K
^͗
d
͗ ZŽŐĞƌWĞƚĞƌƐŽŶ
✔
✔✔
✔
✔✔
✔
͟
͞ ͟
6RXWKWK6WUHHW
6DQ-RVH&DOLIRUQLD
_
I
VDODVREULHQFRP
ŽnjĞŵĂŶ_ >ŽƐŶŐĞůĞƐ _0RQWHUH\
KĂŬůĂŶĚ_KƌĂŶŐĞŽƵŶƚLJͮ^ĂĐƌĂŵĞŶƚŽ
^ĂŶŝĞŐŽ_ ^ĂŶ>ƵŝƐKďŝƐƉŽ_^ĞĂƚƚůĞ
Z
s/
t
KĐƚϭϮ͕ϮϬϮϮ
WZKE^h>d/E''ZKhW
&KZ
K
KDW>/E
6RXWKWK6WUHHW
6DQ-RVH&DOLIRUQLD
_
I
VDODVREULHQFRP
ŽnjĞŵĂŶ_ >ŽƐŶŐĞůĞƐ _0RQWHUH\
KĂŬůĂŶĚ_KƌĂŶŐĞŽƵŶƚLJͮ^ĂĐƌĂŵĞŶƚŽ
^ĂŶŝĞŐŽ_ ^ĂŶ>ƵŝƐKďŝƐƉŽ_^ĞĂƚƚůĞ
Z
s/
t
KĐƚϭϮ͕ϮϬϮϮ
WZKE^h>d/E''ZKhW
&KZ
K
KDW>/E
6RXWKWK6WUHHW
6DQ-RVH&DOLIRUQLD
_
I
VDODVREULHQFRP
ŽnjĞŵĂŶ_ >ŽƐŶŐĞůĞƐ _0RQWHUH\
KĂŬůĂŶĚ_KƌĂŶŐĞŽƵŶƚLJͮ^ĂĐƌĂŵĞŶƚŽ
^ĂŶŝĞŐŽ_ ^ĂŶ>ƵŝƐKďŝƐƉŽ_^ĞĂƚƚůĞ
Z
s/
t
KĐƚϭϮ͕ϮϬϮϮ
WZKE^h>d/E''ZKhW
&KZ
K
KDW>/E
6RXWKWK6WUHHW
6DQ-RVH&DOLIRUQLD
_
I
VDODVREULHQFRP
ŽnjĞŵĂŶ_ >ŽƐŶŐĞůĞƐ _0RQWHUH\
KĂŬůĂŶĚ_KƌĂŶŐĞŽƵŶƚLJͮ^ĂĐƌĂŵĞŶƚŽ
^ĂŶŝĞŐŽ_ ^ĂŶ>ƵŝƐKďŝƐƉŽ_^ĞĂƚƚůĞ
Z
s/
t
KĐƚϭϮ͕ϮϬϮϮ
WZKE^h>d/E''ZKhW
&KZ
K
KDW>/E
n76.2 [3.00]
ENGINE EXHAUST
n76.2 [3.00] ADDED [CT177004]
n17.5 [.689]
SKID MOUNT HOLES
6RXWKWK6WUHHW
6DQ-RVH&DOLIRUQLD
_
I
VDODVREULHQFRP
ŽnjĞŵĂŶ_ >ŽƐŶŐĞůĞƐ _0RQWHUH\
KĂŬůĂŶĚ_KƌĂŶŐĞŽƵŶƚLJͮ^ĂĐƌĂŵĞŶƚŽ
^ĂŶŝĞŐŽ_ ^ĂŶ>ƵŝƐKďŝƐƉŽ_^ĞĂƚƚůĞ
Z
s/
t
KĐƚϭϮ͕ϮϬϮϮ
WZKE^h>d/E''ZKhW
&KZ
K
KDW>/E
` 0.25
` 1.0
` 1.5
` 0~ 30'
n25.4 [1.00]
STANDARD MOUNTING
n25.4 [1.00]
BOTTOM BEAM MOUNTING
6RXWKWK6WUHHW
6DQ-RVH&DOLIRUQLD
_
I
VDODVREULHQFRP
ŽnjĞŵĂŶ_ >ŽƐŶŐĞůĞƐ _0RQWHUH\
KĂŬůĂŶĚ_KƌĂŶŐĞŽƵŶƚLJͮ^ĂĐƌĂŵĞŶƚŽ
^ĂŶŝĞŐŽ_ ^ĂŶ>ƵŝƐKďŝƐƉŽ_^ĞĂƚƚůĞ
Z
s/
t
KĐƚϭϮ͕ϮϬϮϮ
WZKE^h>d/E''ZKhW
&KZ
K
KDW>/E
6RXWKWK6WUHHW
6DQ-RVH&DOLIRUQLD
_
I
VDODVREULHQFRP
ŽnjĞŵĂŶ_ >ŽƐŶŐĞůĞƐ _0RQWHUH\
KĂŬůĂŶĚ_KƌĂŶŐĞŽƵŶƚLJͮ^ĂĐƌĂŵĞŶƚŽ
^ĂŶŝĞŐŽ_ ^ĂŶ>ƵŝƐKďŝƐƉŽ_^ĞĂƚƚůĞ
Z
s/
t
KĐƚϭϮ͕ϮϬϮϮ
WZKE^h>d/E''ZKhW
&KZ
K
KDW>/E
6RXWKWK6WUHHW
6DQ-RVH&DOLIRUQLD
_
I
VDODVREULHQFRP
ŽnjĞŵĂŶ_ >ŽƐŶŐĞůĞƐ _0RQWHUH\
KĂŬůĂŶĚ_KƌĂŶŐĞŽƵŶƚLJͮ^ĂĐƌĂŵĞŶƚŽ
^ĂŶŝĞŐŽ_ ^ĂŶ>ƵŝƐKďŝƐƉŽ_^ĞĂƚƚůĞ
Z
s/
t
KĐƚϭϮ͕ϮϬϮϮ
WZKE^h>d/E''ZKhW
&KZ
K
KDW>/E
6RXWKWK6WUHHW
6DQ-RVH&DOLIRUQLD
_
I
VDODVREULHQFRP
ŽnjĞŵĂŶ_ >ŽƐŶŐĞůĞƐ _0RQWHUH\
KĂŬůĂŶĚ_KƌĂŶŐĞŽƵŶƚLJͮ^ĂĐƌĂŵĞŶƚŽ
^ĂŶŝĞŐŽ_ ^ĂŶ>ƵŝƐKďŝƐƉŽ_^ĞĂƚƚůĞ
Z
s/
t
KĐƚϭϮ͕ϮϬϮϮ
WZKE^h>d/E''ZKhW
&KZ
K
KDW>/E
System No. W-J-5031
F Rating - 1, 2, 3 & 4 Hr (See Item 1)
T Rating - 1, 2 & 3 Hr
&RQFUHWH%ORFNV
3LSH&RYHULQJ
)LOO9RLGRU&DYLW\0DWHULDO
3DVVLYH)LUH3URWHFWLRQ3DUWQHUV
h/>/E'/^<hWz^dEz
'
E
ZdKZ>Kd
Khd^/
dz
ϮE,^WKt
Z/E>
d&KZ
WKZd>
'
E
ZdKZKEE
d/KE
WARNING
>Kd
Khd^/
dzϯ͘
^,K<,Z
y/^d^/&
'ZKhE/E'
>
dZK
KEhdKZKZKE/E':hDW
Z
KEE
d/KE/Ed,/^
Yh/WD
Ed/^
Z
DKs
t,/>
>d
ZEd
WARNING
^KhZ
;^Ϳ/^
E
Z'/
͘
&KZKEE
d/KEK&^
WZd
>z
Z/s
;KE
E
hdZ>Ϳ^z^d
D
KE>z
WARNING
6RXWKWK6WUHHW
6DQ-RVH&DOLIRUQLD
_
I
VDODVREULHQFRP
ŽnjĞŵĂŶ_ >ŽƐŶŐĞůĞƐ _0RQWHUH\
KĂŬůĂŶĚ_KƌĂŶŐĞŽƵŶƚLJͮ^ĂĐƌĂŵĞŶƚŽ
^ĂŶŝĞŐŽ_ ^ĂŶ>ƵŝƐKďŝƐƉŽ_^ĞĂƚƚůĞ
Z
s/
t
KĐƚϭϮ͕ϮϬϮϮ
WZKE^h>d/E''ZKhW
&KZ
K
KDW>/E
$UF)ODVKDQG6KRFN+D]DUG
)ODVK3URWHFWLRQ%RXQGDU\,QFLGHQW(QHUJ\
:RUNLQJ'LVWDQFH
5HTXLUHG33(/HYHO
6KRFN+D]DUG9ROWDJH
/LPLWHG$SSURDFK5HVWULFW$SSURDFK3URKLELWHG$SSURDFK
(TXLSPHQW
SDQHOQDPHKHUH
[[[[[[[[
[[IW[[FDOFPð[[LQ[[[[9$&[[IW[[IW[[IW
6RXWKWK6WUHHW
6DQ-RVH&DOLIRUQLD
_
I
VDODVREULHQFRP
ŽnjĞŵĂŶ_ >ŽƐŶŐĞůĞƐ _0RQWHUH\
KĂŬůĂŶĚ_KƌĂŶŐĞŽƵŶƚLJͮ^ĂĐƌĂŵĞŶƚŽ
^ĂŶŝĞŐŽ_ ^ĂŶ>ƵŝƐKďŝƐƉŽ_^ĞĂƚƚůĞ
Z
s/
t
KĐƚϭϮ͕ϮϬϮϮ
WZKE^h>d/E''ZKhW
&KZ
K
KDW>/E
6RXWKWK6WUHHW
6DQ-RVH&DOLIRUQLD
_
I
VDODVREULHQFRP
ŽnjĞŵĂŶ_ >ŽƐŶŐĞůĞƐ _0RQWHUH\
KĂŬůĂŶĚ_KƌĂŶŐĞŽƵŶƚLJͮ^ĂĐƌĂŵĞŶƚŽ
^ĂŶŝĞŐŽ_ ^ĂŶ>ƵŝƐKďŝƐƉŽ_^ĞĂƚƚůĞ
Z
s/
t
KĐƚϭϮ͕ϮϬϮϮ
WZKE^h>d/E''ZKhW
&KZ
K
KDW>/E
6RXWKWK6WUHHW
6DQ-RVH&DOLIRUQLD
_
I
VDODVREULHQFRP
ŽnjĞŵĂŶ_ >ŽƐŶŐĞůĞƐ _0RQWHUH\
KĂŬůĂŶĚ_KƌĂŶŐĞŽƵŶƚLJͮ^ĂĐƌĂŵĞŶƚŽ
^ĂŶŝĞŐŽ_ ^ĂŶ>ƵŝƐKďŝƐƉŽ_^ĞĂƚƚůĞ
Z
s/
t
KĐƚϭϮ͕ϮϬϮϮ
WZKE^h>d/E''ZKhW
&KZ
K
KDW>/E
(32;<$1&+256
(;3$16,21$1&+256
6&23(2):25.*(1(5$/
(;,67,1*&216758&7,21'(6,*1%$6,6
,9,9
'
'
)281'$7,216
&21&5(7(&2175$&72568%0,77$/6
7(67,1*
63(&,$/,163(&7,21
6RXWKWK6WUHHW
6DQ-RVH&DOLIRUQLD
_
I
VDODVREULHQFRP
ŽnjĞŵĂŶ_ >ŽƐŶŐĞůĞƐ _0RQWHUH\
KĂŬůĂŶĚ_KƌĂŶŐĞŽƵŶƚLJ ͮ ^ĂĐƌĂŵĞŶƚŽ
^ĂŶŝĞŐŽ_ ^ĂŶ>ƵŝƐKďŝƐƉŽ_^ĞĂƚƚůĞ
$ 6 7 $
( $ 7 7 6 8 , $&& 2) 7/ 5 8 1 )25 , 5
1(
5 (
([S [S
12 2
5 '5
76 ,
*(
$
5 3(
3 ('
77,
/
-
6 (
(
3 2)
6
6 /
8 21$ ,
+
*
,
1 (
(
5 Z
s/
t
KĐƚϭϮ͕ϮϬϮϮ
WZKE^h>d/E''ZKhW
&KZ
K
KDW>/E
7<3,&$/0$7)281'$7,21*(1(5$7256FDOH
176
% ('*(2)0$7
$ 7<3,&$/0$7
*(1(5$72581,7$1&+25$*('(7$,/ 6FDOH
176
$
$
7<3,&$/5(%$5%(1'6$1'+22.6 6FDOH
176
$ +22. %
+22. & +22.
/$363/,&(/(1*7+6$1''(9(/230(17 6FDOH
176
$760763$'$1'$1&+25$*( 6FDOH
176
(48,30(176&+('8/(
75(1&+,1),//'(7$,/ 6FDOH
176
$ 7<33$'821
% 3$'$7(;,67,1* 6/$%
7<3,&$/+286(.((3,1*3$'6 6FDOH
176
*(1
(1/$5*('3$57,$/)/2253/$16 6FDOH
/
.
-
'
&
$76
076
6RXWKWK6WUHHW
6DQ-RVH&DOLIRUQLD
_
I
VDODVREULHQFRP
ŽnjĞŵĂŶ_ >ŽƐŶŐĞůĞƐ _0RQWHUH\
KĂŬůĂŶĚ_KƌĂŶŐĞŽƵŶƚLJ ͮ ^ĂĐƌĂŵĞŶƚŽ
^ĂŶŝĞŐŽ_ ^ĂŶ>ƵŝƐKďŝƐƉŽ_^ĞĂƚƚůĞ
$ 6 7 $
( $ 7 7 6 8 , $&& 2) 7/ 5 8 1 )25 , 5
1(
5 (
([S [S
12 2
5 '5
76 ,
*(
$
5 3(
3 ('
77,
/
-
6 (
(
3 2)
6
6 /
8 21$ ,
+
*
,
1 (
(
5 (Stainless Steel Rods)
BPR RP 10/12/22
Z
s/
t
KĐƚϭϮ͕ϮϬϮϮ
WZKE^h>d/E''ZKhW
&KZ
K
KDW>/E
?
$77$&+0(17&2175$&725%,'
?
$77$&+0(17±38%/,&&2175$&7&2'(6(&7,21
?
$WWDFKPHQW
3XEOLF&RQWUDFW&RGH6HFWLRQ
D
7KH/HJLVODWXUHILQGVDQGGHFODUHVWKDWLWLVLQWKHEHVWLQWHUHVWVRIWKHVWDWHDQGLWVFLWL]HQV WRHQVXUHWKDWDOOFRQVWUXFWLRQEXVLQHVVSHUIRUPHGRQDSXEOLFZRUNVSURMHFWLQWKHVWDWH WKDWLVFRPSOHWHDQGQRWLQGLVSXWHLVSDLGLQIXOODQGLQDWLPHO\PDQQHU
E
1RWZLWKVWDQGLQJDQ\RWKHUODZLQFOXGLQJEXWQRWOLPLWHGWR$UWLFOH FRPPHQFLQJZLWK
6HFWLRQ
RI&KDSWHURI3DUW&KDSWHU
FRPPHQFLQJZLWK6HFWLRQ
RI
3DUWDQG$UWLFOH
FRPPHQFLQJZLWK6HFWLRQ
RI&KDSWHURI3DUWWKLVVHFWLRQ
VKDOODSSO\WRDQ\FODLPE\DFRQWUDFWRULQFRQQHFWLRQZLWKDSXEOLFZRUNVSURMHFW
F
)RUSXUSRVHVRIWKLVVHFWLRQ
³&ODLP´PHDQVDVHSDUDWHGHPDQGE\DFRQWUDFWRUVHQWE\UHJLVWHUHGPDLORUFHUWLILHGPDLO ZLWKUHWXUQUHFHLSWUHTXHVWHGIRURQHRUPRUHRIWKHIROORZLQJ
$
$WLPHH[WHQVLRQLQFOXGLQJZLWKRXWOLPLWDWLRQIRUUHOLHIIURPGDPDJHVRUSHQDOWLHVIRUGHOD\ DVVHVVHGE\DSXEOLFHQWLW\XQGHUDFRQWUDFWIRUDSXEOLFZRUNVSURMHFW
%
3D\PHQWE\WKHSXEOLFHQWLW\RIPRQH\RUGDPDJHVDULVLQJIURPZRUNGRQHE\RURQEHKDOI RIWKHFRQWUDFWRUSXUVXDQWWRWKHFRQWUDFWIRUDSXEOLFZRUNVSURMHFWDQGSD\PHQWIRUZKLFK LVQRWRWKHUZLVHH[SUHVVO\SURYLGHGRUWRZKLFKWKHFODLPDQWLVQRWRWKHUZLVHHQWLWOHG
&
3D\PHQWRIDQDPRXQWWKDWLVGLVSXWHGE\WKHSXEOLFHQWLW\
³&RQWUDFWRU´PHDQVDQ\W\SHRIFRQWUDFWRUZLWKLQWKHPHDQLQJRI&KDSWHU
FRPPHQFLQJ
ZLWK6HFWLRQ
RI'LYLVLRQRIWKH%XVLQHVVDQG3URIHVVLRQV&RGHZKRKDVHQWHUHG LQWRDGLUHFWFRQWUDFWZLWKDSXEOLFHQWLW\IRUDSXEOLFZRUNVSURMHFW
$
³3XEOLFHQWLW\´PHDQVZLWKRXWOLPLWDWLRQH[FHSWDVSURYLGHGLQ VXESDUDJUDSK
%
D VWDWH DJHQF\ GHSDUWPHQW RIILFH GLYLVLRQ EXUHDX ERDUG RU FRPPLVVLRQWKH&DOLIRUQLD6WDWH8QLYHUVLW\WKH8QLYHUVLW\RI&DOLIRUQLDDFLW\LQFOXGLQJD FKDUWHUFLW\FRXQW\LQFOXGLQJDFKDUWHUFRXQW\FLW\DQGFRXQW\LQFOXGLQJDFKDUWHUFLW\DQG FRXQW\GLVWULFWVSHFLDOGLVWULFWSXEOLFDXWKRULW\SROLWLFDOVXEGLYLVLRQSXEOLFFRUSRUDWLRQRU QRQSURILWWUDQVLWFRUSRUDWLRQZKROO\RZQHGE\DSXEOLFDJHQF\DQGIRUPHGWRFDUU\RXWWKH SXUSRVHVRIWKHSXEOLFDJHQF\
%
³3XEOLFHQWLW\´VKDOOQRWLQFOXGHWKHIROORZLQJ
L
7KH 'HSDUWPHQW RI :DWHU 5HVRXUFHV DV WR DQ\ SURMHFW XQGHU WKH MXULVGLFWLRQ RI WKDW GHSDUWPHQW
LL
7KH 'HSDUWPHQW RI 7UDQVSRUWDWLRQ DV WR DQ\ SURMHFW XQGHU WKH MXULVGLFWLRQ RI WKDW GHSDUWPHQW
LLL
7KH'HSDUWPHQWRI3DUNVDQG5HFUHDWLRQDVWRDQ\SURMHFWXQGHUWKHMXULVGLFWLRQRIWKDW GHSDUWPHQW
?
LY
7KH 'HSDUWPHQW RI &RUUHFWLRQV DQG 5HKDELOLWDWLRQ ZLWK UHVSHFWWR DQ\ SURMHFW XQGHU LWV MXULVGLFWLRQSXUVXDQWWR&KDSWHU
FRPPHQFLQJZLWK6HFWLRQ
RI7LWOHRI3DUWRI
WKH3HQDO&RGH
Y
7KH0LOLWDU\'HSDUWPHQWDVWRDQ\SURMHFWXQGHUWKHMXULVGLFWLRQRIWKDWGHSDUWPHQW
YL
7KH'HSDUWPHQWRI*HQHUDO6HUYLFHVDVWRDOORWKHUSURMHFWV
YLL
7KH+LJK6SHHG5DLO$XWKRULW\
³3XEOLFZRUNVSURMHFW´PHDQVWKHHUHFWLRQFRQVWUXFWLRQDOWHUDWLRQUHSDLURULPSURYHPHQW RIDQ\SXEOLFVWUXFWXUHEXLOGLQJURDGRURWKHUSXEOLFLPSURYHPHQWRIDQ\NLQG
³6XEFRQWUDFWRU´ PHDQV DQ\ W\SH RI FRQWUDFWRU ZLWKLQ WKH PHDQLQJ RI &KDSWHU
FRPPHQFLQJZLWK6HFWLRQ
RI'LYLVLRQRIWKH%XVLQHVVDQG3URIHVVLRQV&RGHZKR HLWKHULVLQGLUHFWFRQWUDFWZLWKDFRQWUDFWRURULVDORZHUWLHUVXEFRQWUDFWRU
$
8SRQUHFHLSWRIDFODLPSXUVXDQWWRWKLVVHFWLRQWKHSXEOLFHQWLW\WRZKLFKWKH FODLPDSSOLHVVKDOOFRQGXFWD UHDVRQDEOH UHYLHZRIWKHFODLPDQGZLWKLQDSHULRGQRWWR H[FHHGGD\VVKDOOSURYLGHWKHFODLPDQWDZULWWHQVWDWHPHQWLGHQWLI\LQJZKDWSRUWLRQRI WKHFODLPLVGLVSXWHGDQGZKDWSRUWLRQLVXQGLVSXWHG8SRQUHFHLSWRIDFODLPDSXEOLFHQWLW\ DQG D FRQWUDFWRU PD\ E\ PXWXDO DJUHHPHQW H[WHQG WKH WLPH SHULRG SURYLGHG LQ WKLV VXEGLYLVLRQ
%
7KHFODLPDQWVKDOOIXUQLVKUHDVRQDEOHGRFXPHQWDWLRQWRVXSSRUWWKHFODLP
&
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
'
$Q\SD\PHQWGXHRQDQXQGLVSXWHGSRUWLRQRIWKHFODLPVKDOOEHSURFHVVHGDQGPDGHZLWKLQ GD\VDIWHUWKHSXEOLFHQWLW\LVVXHVLWVZULWWHQVWDWHPHQW,IWKHSXEOLFHQWLW\IDLOVWRLVVXH DZULWWHQVWDWHPHQWSDUDJUDSK
VKDOODSSO\
$
,IWKHFODLPDQWGLVSXWHVWKHSXEOLFHQWLW\¶VZULWWHQUHVSRQVHRULIWKH SXEOLF HQWLW\ IDLOV WR UHVSRQG WR D FODLP LVVXHG SXUVXDQW WR WKLV VHFWLRQ ZLWKLQ WKH WLPH SUHVFULEHGWKHFODLPDQWPD\GHPDQGLQZULWLQJDQLQIRUPDOFRQIHUHQFHWRPHHWDQGFRQIHU IRU VHWWOHPHQW RI WKH LVVXHV LQ GLVSXWH 8SRQ UHFHLSW RI D GHPDQG LQ ZULWLQJ VHQW E\ UHJLVWHUHGPDLORUFHUWLILHGPDLOUHWXUQUHFHLSWUHTXHVWHGWKHSXEOLFHQWLW\VKDOOVFKHGXOHD PHHWDQGFRQIHUFRQIHUHQFHZLWKLQGD\VIRUVHWWOHPHQWRIWKHGLVSXWH
?
%
:LWKLQEXVLQHVVGD\VIROORZLQJWKHFRQFOXVLRQRIWKHPHHWDQGFRQIHUFRQIHUHQFHLIWKH FODLP RU DQ\ SRUWLRQ RIWKH FODLP UHPDLQV LQ GLVSXWHWKH SXEOLF HQWLW\ VKDOO SURYLGHWKH FODLPDQWDZULWWHQVWDWHPHQWLGHQWLI\LQJWKHSRUWLRQRIWKHFODLPWKDWUHPDLQVLQGLVSXWHDQG WKHSRUWLRQWKDWLVXQGLVSXWHG$Q\SD\PHQWGXHRQDQXQGLVSXWHGSRUWLRQRIWKHFODLPVKDOO EHSURFHVVHGDQGPDGHZLWKLQGD\VDIWHUWKHSXEOLFHQWLW\LVVXHVLWVZULWWHQVWDWHPHQW $Q\ GLVSXWHG SRUWLRQ RI WKH FODLP DV LGHQWLILHG E\ WKH FRQWUDFWRU LQ ZULWLQJ VKDOO EH VXEPLWWHG WR QRQELQGLQJ PHGLDWLRQ ZLWK WKH SXEOLF HQWLW\ DQG WKH FODLPDQW VKDULQJ WKH DVVRFLDWHGFRVWVHTXDOO\7KHSXEOLFHQWLW\DQGFODLPDQWVKDOOPXWXDOO\DJUHHWRDPHGLDWRU ZLWKLQEXVLQHVVGD\VDIWHUWKHGLVSXWHGSRUWLRQRIWKHFODLPKDVEHHQLGHQWLILHGLQZULWLQJ ,IWKHSDUWLHVFDQQRWDJUHHXSRQDPHGLDWRUHDFKSDUW\VKDOOVHOHFWDPHGLDWRUDQGWKRVH PHGLDWRUVVKDOOVHOHFWDTXDOLILHGQHXWUDOWKLUGSDUW\WRPHGLDWHZLWKUHJDUGWRWKHGLVSXWHG SRUWLRQRIWKH FODLP(DFKSDUW\ VKDOOEHDUWKHIHHVDQG FRVWVFKDUJHGE\LWV UHVSHFWLYH PHGLDWRU LQ FRQQHFWLRQ ZLWK WKH VHOHFWLRQ RI WKH QHXWUDO PHGLDWRU ,I PHGLDWLRQ LV XQVXFFHVVIXOWKH SDUWV RIWKH FODLP UHPDLQLQJ LQ GLVSXWH VKDOO EH VXEMHFWWR DSSOLFDEOH SURFHGXUHVRXWVLGHWKLVVHFWLRQ
&
)RUSXUSRVHVRIWKLVVHFWLRQPHGLDWLRQLQFOXGHVDQ\QRQELQGLQJSURFHVVLQFOXGLQJEXWQRW OLPLWHGWRQHXWUDOHYDOXDWLRQRUDGLVSXWHUHYLHZERDUGLQZKLFKDQLQGHSHQGHQWWKLUGSDUW\ RUERDUGDVVLVWVWKHSDUWLHVLQGLVSXWHUHVROXWLRQWKURXJKQHJRWLDWLRQRUE\LVVXDQFHRIDQ HYDOXDWLRQ$Q\PHGLDWLRQXWLOL]HGVKDOOFRQIRUPWRWKHWLPHIUDPHVLQWKLVVHFWLRQ
'
8QOHVVRWKHUZLVHDJUHHGWRE\WKHSXEOLFHQWLW\DQGWKHFRQWUDFWRULQZULWLQJWKHPHGLDWLRQ FRQGXFWHG SXUVXDQW WR WKLV VHFWLRQ VKDOO H[FXVH DQ\ IXUWKHU REOLJDWLRQ XQGHU 6HFWLRQ WRPHGLDWHDIWHUOLWLJDWLRQKDVEHHQFRPPHQFHG
(
7KLVVHFWLRQGRHVQRWSUHFOXGHDSXEOLFHQWLW\IURPUHTXLULQJDUELWUDWLRQRIGLVSXWHVXQGHU SULYDWHDUELWUDWLRQRUWKH3XEOLF:RUNV&RQWUDFW$UELWUDWLRQ3URJUDPLIPHGLDWLRQXQGHUWKLV VHFWLRQGRHVQRWUHVROYHWKHSDUWLHV¶GLVSXWH
)DLOXUHE\WKHSXEOLFHQWLW\WRUHVSRQGWRDFODLPIURPDFRQWUDFWRUZLWKLQWKHWLPHSHULRGV GHVFULEHGLQWKLVVXEGLYLVLRQRUWRRWKHUZLVHPHHWWKHWLPHUHTXLUHPHQWVRIWKLVVHFWLRQVKDOO UHVXOWLQWKHFODLPEHLQJGHHPHGUHMHFWHGLQLWVHQWLUHW\$FODLPWKDWLVGHQLHGE\UHDVRQRI WKHSXEOLFHQWLW\¶VIDLOXUHWRKDYHUHVSRQGHGWRDFODLPRULWVIDLOXUHWRRWKHUZLVHPHHWWKH WLPHUHTXLUHPHQWVRIWKLVVHFWLRQVKDOOQRWFRQVWLWXWHDQDGYHUVHILQGLQJZLWKUHJDUGWRWKH PHULWVRIWKHFODLPRUWKHUHVSRQVLELOLW\RUTXDOLILFDWLRQVRIWKHFODLPDQW
$PRXQWVQRWSDLGLQDWLPHO\PDQQHUDVUHTXLUHGE\WKLVVHFWLRQVKDOOEHDULQWHUHVWDW SHUFHQWSHUDQQXP
,IDVXEFRQWUDFWRURUDORZHUWLHUVXEFRQWUDFWRUODFNVOHJDOVWDQGLQJWRDVVHUWDFODLPDJDLQVW DSXEOLFHQWLW\EHFDXVHSULYLW\RIFRQWUDFWGRHVQRWH[LVWWKHFRQWUDFWRUPD\SUHVHQWWRWKH SXEOLF HQWLW\ D FODLP RQ EHKDOI RI D VXEFRQWUDFWRU RU ORZHU WLHU VXEFRQWUDFWRU $ VXEFRQWUDFWRUPD\UHTXHVWLQZULWLQJHLWKHURQKLVRUKHURZQEHKDOIRURQEHKDOIRIDORZHU WLHUVXEFRQWUDFWRUWKDWWKHFRQWUDFWRUSUHVHQWDFODLPIRUZRUNZKLFKZDVSHUIRUPHGE\WKH VXEFRQWUDFWRU RU E\ D ORZHU WLHU VXEFRQWUDFWRU RQ EHKDOI RI WKH VXEFRQWUDFWRU 7KH
?
VXEFRQWUDFWRU UHTXHVWLQJ WKDW WKH FODLP EH SUHVHQWHG WR WKH SXEOLF HQWLW\ VKDOO IXUQLVK UHDVRQDEOHGRFXPHQWDWLRQWRVXSSRUWWKHFODLP:LWKLQGD\VRI UHFHLSWRIWKLVZULWWHQ UHTXHVWWKHFRQWUDFWRUVKDOOQRWLI\WKHVXEFRQWUDFWRULQZULWLQJDVWRZKHWKHUWKHFRQWUDFWRU SUHVHQWHGWKHFODLPWRWKHSXEOLFHQWLW\DQGLIWKHRULJLQDOFRQWUDFWRUGLGQRWSUHVHQWWKH FODLPSURYLGHWKHVXEFRQWUDFWRUZLWKDVWDWHPHQWRIWKHUHDVRQVIRUQRWKDYLQJGRQHVR
H
7KHWH[WRIWKLVVHFWLRQRUDVXPPDU\RILWVKDOOEHVHWIRUWKLQWKHSODQVRUVSHFLILFDWLRQVIRU DQ\SXEOLFZRUNVSURMHFWWKDWPD\JLYHULVHWRDFODLPXQGHUWKLVVHFWLRQ
I
$ZDLYHURIWKHULJKWVJUDQWHGE\WKLVVHFWLRQLVYRLGDQGFRQWUDU\WRSXEOLFSROLF\SURYLGHG KRZHYHUWKDW
XSRQUHFHLSWRIDFODLPWKHSDUWLHVPD\PXWXDOO\DJUHHWRZDLYHLQZULWLQJ PHGLDWLRQDQGSURFHHGGLUHFWO\WRWKHFRPPHQFHPHQWRIDFLYLODFWLRQRUELQGLQJDUELWUDWLRQ DVDSSOLFDEOH
DQG
DSXEOLFHQWLW\PD\SUHVFULEHUHDVRQDEOHFKDQJHRUGHUFODLPDQG GLVSXWHUHVROXWLRQSURFHGXUHVDQGUHTXLUHPHQWVLQDGGLWLRQWRWKHSURYLVLRQVRIWKLVVHFWLRQ VRORQJDVWKHFRQWUDFWXDOSURYLVLRQVGRQRWFRQIOLFWZLWKRURWKHUZLVHLPSDLUWKHWLPHIUDPHV DQGSURFHGXUHVVHWIRUWKLQWKLVVHFWLRQ
J
7KLVVHFWLRQDSSOLHVWRFRQWUDFWVHQWHUHGLQWRRQRUDIWHU-DQXDU\
K
1RWKLQJLQWKLVVHFWLRQVKDOOLPSRVHOLDELOLW\XSRQDSXEOLFHQWLW\WKDWPDNHVORDQVRUJUDQWV DYDLODEOHWKURXJKDFRPSHWLWLYHDSSOLFDWLRQSURFHVVIRUWKHIDLOXUHRIDQDZDUGHHWRPHHW LWVFRQWUDFWXDOREOLJDWLRQV
L
7KLVVHFWLRQVKDOOUHPDLQLQHIIHFWRQO\XQWLO-DQXDU\DQGDVRIWKDWGDWHLVUHSHDOHG XQOHVVDODWHUHQDFWHGVWDWXWHWKDWLVHQDFWHGEHIRUH-DQXDU\GHOHWHVRUH[WHQGV WKDWGDWH
?
Item 9.h.
MEMORANDUM
TO: City Council
FROM: Bill Robeson, Assistant City Manager/Public Works Director BY: Shane Taylor, Utilities Manager
SUBJECT: Monthly Water Supply and Demand Update
DATE: March 28, 2023
SUMMARY OF ACTION:
The update reports the City’s total water supply and demand for February 2023. Current Lopez Reservoir level and projected levels are provided in the attachments.
IMPACT ON FINANCIAL AND PERSONNEL RESOURCES:
Approximately two (2) hours of staff time is required to prepare the report.
RECOMMENDATION:
Receive and file the Monthly Water Supply and Demand Update.
BACKGROUND:
On October 12, 2021, the City Council adopted a Resolution declaring a State 1 Water Shortage Emergency; and implementing emergency water conservation measures and restrictions because of the extreme drought conditions.
In February 2023, the City’s water use was 111.0 Acre Feet with a per capita use of 72 gallons per day/per person. The residential per capita use was 57 gallons per day/per person. There was a total of 4.25 inches of rainfall in the City in February 2023.
ANALYSIS OF ISSUES:
The United States Drought Monitor, as of March 10, 2023, shows San Luis Obispo County not in a drought. Rainfall to date for the period of July 1, 2022, through February 28, 2023, is 20.65 inches at the Corporation Yard rain gauge. Lopez Lake, as of March 22, 2023, is at 98% capacity (48,500,500) AF.
The new water year began on April 1st, 2022, and the City’s annual Lopez Lake contract supply had been previously reduced 10% on August 24, 2021, by the enactment of the Low Reservoir Response Plan (LRRP). On July 21, 2022, the Zone III Advisory Board
Item 9.h.
City Council
Monthly Water Supply and Demand Update
March 28, 2023
approved the Technical Advisory Committee’s recommendation to reduce contracts deliveries by 20% prior to Lopez Lake reaching 10,000 acre-feet. As a result, the City began reducing the flow of deliveries on July 26, 2022 to 1.7 million gallons per day compared to the normal flow of 2.2 million gallons per day. On January 19, 2023, the Advisory Board took action, ending the Low Reservoir Response Plan (LRRP). Current deliveries are at 1.3 million gallons per day from the Water Treatment Plant. The contract water supply has returned to the normal supply of 2,290 acre-feet per year.
The deep well index for the First Quarter of 2023 was completed on February 7, 2023, and is 10.58 feet above sea level, which is 3.08 feet above the 7.5 threshold value. The current deep well index is 4.70 feet higher than October 2022 and 1.22 feet higher than January 2022.
The predicted use for water year 2022/23 is 2,213 acre-feet based on average rainfall.
ALTERNATIVES:
The following alternatives are provided for the Council’s consideration:
1. Receive and file the report; or
2. Provide other direction to staff.
ADVANTAGES:
This report provides the City Council and the public with the current and projected conditions of our water supply and demand.
DISADVANTAGES:
No disadvantages noted at this time.
ENVIRONMENTAL REVIEW:
No environmental review is required for this item.
PUBLIC NOTIFICATION AND COMMENTS:
The Agenda was posted at City Hall and on the City’s website in accordance with Government Code Section 54954.2.
Attachments:
1. Lopez Monthly Operations Report for February 2023
2. Lopez Reservoir Storage Projection
3. Yearly Water Use Comparison
4. Monthly Monitoring Report for February 2023
ATTACHMENT 1
ATTACHMENT 2
155.2
111
102
72 0
20406080
100120140160180
Feb‐22 Feb‐23
Monthly Water Use Comparison
Acre Feet Usage (gpcd)
ATTACHMENT 3
ATTACHMENT 4
Below is the information you have submitted for the month of February 2023. We use your most recently submitted monthly report in our calculations.
Reporter Shane Taylor
Report Type Full
Urban Water Supplier(Number) Arroyo Grande City of (608) Public Water System ID(s) CA4010001
Reporting Month 0123
County/Counties San Luis Obispo
County Under Drought Declaration Yes
Water Shortage Contingency Plan 1
Water Shortage Level 2
Population 17963
Total Potable Water Production 111.0 AF
Commercial Agricultural Water 0 AF
Residential Use Percentage 80 %
CII Water 12.2 AF
Recycled Water 0 AF
Non-revenue Water AF
Estimated R-GPCD 57.53
Qualification
Emergency Response Section Revealed? Yes
State Water Resources Control Board Office of Research, Planning & Performance
Item 11.a.
MEMORANDUM
TO: City Council
FROM: Brian Pedrotti, Community Development Director
BY: Steve Kahn, PE, Interim City Engineer
SUBJECT: Discussion and Consideration of a Project Status Update and Direction Regarding the Brisco-Halcyon Interchange Modification Project
DATE: March 28, 2023
SUMMARY OF ACTION:
Consideration of a project status update and direction regarding the Brisco-Halcyon Road Interchange Modifications project (Project) will allow staff to either move forward with the design phase of the project or allow staff to shift resources to other critical infrastructure City priorities.
IMPACT ON FINANCIAL AND PERSONNEL RESOURCES:
The total estimated future cost of the Project is $35.6 million. Table 1 shows the total estimated costs and funding sources for the Project as shown in the Mid-Cycle FY 2022- 23 Budget Update.
Table 1
To date, the City has spent approximately $2.6 million related to the Project, which was funded using Transportation Facility funds, Regional State Highway Account (SHA) funding, and local sales tax funds. Nearly all of these costs were associated with the Project Approval and Environmental Determination Phase of the Project.
Source Total Budget
Funding
to Date FY 2022-23 FY 2023-24 FY 2024-25 FY 2025-26 FY 2026-27 Revenue to
Complete
Regional SHA 482,320 482,320 - - - - - -
STIP 6,624,000 - - - - 3,312,000 3,312,000 6,624,000
Other Financing 21,695,598 - - 1,848,100 2,411,100 11,068,400 11,068,400 26,396,000 General Fund 312 312 - - - - - -
Traffic Signalization 959,183 - 590,000 959,000 - - - 1,549,000 Transp Facility 3,657,692 2,036,473 - 1,031,000 - - - 1,031,000 Sales Tax 1,300,000 100,000 - - - - - -
34,719,105 2,619,105 590,000 3,838,100 2,411,100 14,380,400 14,380,400 35,600,000
Item 11.a.
City Council
Discussion and Consideration of a Project Status Update and Direction Regarding the Brisco-Halcyon Interchange Modification Project
March 28, 2023
RECOMMENDATION:
Receive the Project status report, consider options, and direct staff to pursue the No Project Option.
BACKGROUND:
The Brisco-Halcyon Road Interchange Project has been underway since the late 1990’s.
In 2004, the San Luis Obispo Council of Governments (SLOCOG) provided $465,000 in regional and State Transportation Improvement (STIP) funds for project development. In 2005, the City Council approved a consultant services agreement with Wood Rodgers to complete the Project Approval and Environmental Determination Phase (PA&ED). During the 2012 State Transportation Improvement Program (STIP) programming year, SLOCOG allocated $5,624,000 in STIP funding for construction of the interchange project. SLOCOG increased this amount to $6,624,000 during the 2014 STIP programming year.
Over the past nineteen years, numerous studies, meetings and discussions have been conducted, including evaluation of eighteen proposed alternatives. The background and description of the final alternatives were described in the staff report for the March 26, 2019 City Council meeting. During this March 2019 meeting, the City Council approved Alternative 4C as the preferred alternative over Alternative 1 and a no-build alternative.
At that time, total project costs were estimated at $22.7 million. This milestone decision allowed City staff and consultants to complete the project report and environmental documents for consideration and approval by Caltrans.
In January 2021, Council approved the Initial Study and Mitigated Negative Declaration (IS/MND) for the Project, which included consideration of Alternative 4C, Alternative 1, and the no-build alternative (see Attachment 3). By this time, estimated Project costs had escalated to $25.9 million. In April 2021, the Project Report and Environmental Assessment were completed and approved by Caltrans, which concluded the PA&ED Phase. In May 2021, the City’s 5-Year Capital Improvements Program included updated total Project costs of $32.1 million. The staff reports for these previous meetings are provided as Attachments 4-6.
In December of 2021, City staff issued a Request for Qualifications (RFQ) for design services for the Project, specifically of Alternative 4C. Staff received four proposals.
Following staff review of the proposals, interviews were held with all four firms and they were ranked based on qualifications, as presented in their proposals, and as a result of the interviews. Staff then entered negotiations with the top ranked firm, Quincy Engineering.
As part of the Project, the City Council created a Brisco-Halcyon Road subcommittee consisting of two Councilmembers to help provide guidance and recommendations to the full Council given the increasing size and scope of the Project. On March 30, 2022, the