resc_application_requirements_description
resc_application_requirements_description
REQUIREMENTS DESCRIPTION
A. PRELIMINARY REQUIREMENTS
1. Biomass, Geothermal, Hydro, Wind, Solar and Ocean/Current Energy
• The RE Developer must signify its interest to apply for an RE Service Contract in a particular place or its
a. Letter of Intent / Application
identified area in accordance with Direct Negotiation mode of awarding of RESC
Map of the applied area duly prepared, signed, and sealed by a licensed Geodetic Engineer must show/contain the
following:
• Name of municipality & province
• Vicinity map of the project site - NAMRIA topographic map wilth minimum scale of 1:50,000 can also be used as
basemap (except Biomass)
• Certification of Geodetic Engineer for technical correctness of the plotted area
B. LEGAL REQUIREMENTS
1. Single Proprietorship
a. Birth Certificate - Issued by Philippine Statistics • Original copy of Birth certificate issued by Philippine Statistics Authority (PSA)
Authority (PSA)
• Issued by the City or Municipality where the principal office is located, photocopy of the original and duly certified by
the issuing authority as a certified true copy of the original
b. Current Business Permit - Certified True Copy
• Photocopy of the original and duly certified by the issuing authority as a certified true copy of the original
c. Department of Trade and Industry (DTI) Registration
c. Latest General Information Sheet [For companies • For companies registered for more than one (1) year, photocopy of the originals which shall be certified by the
incorporated for more than one (1) year] Securities and Exchange Commission (SEC) with original stamp and certification by the SEC.
• Issued by the City or Municipality where the principal office is located, photocopy of the original and duly certified by
the issuing authority as a certified true copy of the original or the equivalent document for Exclusive Economic
Zones or Areas.
d. Current Business Permit - Certified True Copy
• In cases of recently expired Business Permits, it shall be accepted together with the official receipt as proof that the
Applicant has applied for renewal within the period presented by the concerned LGU, provided that the renewal
permit shall be submitted prior to the release of the RE Contract
• The Organizational Chart shall include the complete name and designation of all the company personnel holding
e. Organizational Chart of the Company
each positions
C. TECHNICAL REQUIREMENTS
• The RE Developer shall fill up the timeline and financial commitment under the template Work Program which
1. Narrative Form and Gantt Chart of Work Program
shall be in accordance to DO2013-10-0018.
with financial commitment per activity that complies
with:
• Full description of Work Program
› Annex G for Wind Energy
› Annex H for Biomass Energy
For Hydropower Energy:
› Annex I for Geothermal Energy - Must be two (2) year period for capacities below 50MW
› Annex J for Solar Energy - Must be five (5) year period for capacities more than 50MW
› Annex K for Hydropower Energy (below 50MW) - Must include in the first (1st) Contract Year the "Milestone Activities" as per DOE prepared template
› Annex L for Hydropower Energy (above 50MW)
2. For Biomass Energy
b. Signed and Duly Notarized Feedstock Supply • Feedstock supply agreement should indicate the volume, type and source of feedstock. For MSW, proof of
Agreement or proof of negotiation (for MSW) negotiation for feedstock supply from LGU, landfill operators and private waste generators/consolidators.
• An ECC is a certification that the proposed project or undertaking will not cause significant negative environmental
c. DENR (Environmental Compliance Certificate
impact. ECC is necessary before processing of BREOC application • Wood processing
(ECC)/ Wood Processing Permit)
permit shall be secured for woodchips feedstock processing.
D. FINANCIAL REQUIREMENTS
• Audited Financial Statements within 6 months from the time of filing date
1. Audited or Unaudited Financial Statements (FS)
• Unaudited Financial Statements within 3 months from the time of filing date
2. Original Bank Certification • Original bank certification to substantiate the cash balance of the latest Unaudited FS
• Projected Cash Flow Statement for two (2) years showing the sources and uses of funds on a per year basis, for
the particular offered area, other applied OCSP areas, renewable energy service contract applications, existing
service/operating contracts with DOR and other existing business, if applicable, with supports by any or all of the
following:
3. Projected Cash Flow Statement for 2 Years › Sales Agreement/Purchase Order of buyer for projected revenues on existing Operations (Photocopy)
› Sworn Letter of Commitment from stockholders for additional equity/cash infusion within one (1) year of
operation (Original)
E. OTHER REQUIREMENTS
6. Five (5) Copies of RESC Application Documents • Four (4) hard copies properly labelled:
• DOE-RECORDS
• RE-LEGAL
• RE-TECHNICAL
• RE-FINANCIAL
• One (1) electronic copy for the RE-REC SECRETARIAT in CD or USB