Seller and NYSERDA Project Manager to schedule a Pre-Operational Certification Meeting. A typical agenda will include discussion of the following: - Review Payee W-9 Tax ID No. to ensure payments are sent to the correct entity.
To view the Payee W-9 Tax ID No. log into Salesforce, then locate and access the correct Project Record.
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Once in the Project Record, click the Details tab and review the Payee W-9 Tax ID No. in the Project Information. Verify that the Payee W-9 Tax ID No. is correct. If not, please contact your NYSERDA Project Manager. Additional documents will be required in order to process a change to the Payee W-9 Tax ID No. | Expand |
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Amendment of the REC Agreement
At a minimum, Installed Capacity will need to be added to Schedule 1. Additional modifications may be necessary, such as updating the Seller’s contact information in Section 19.01 Notices. The NYSERDA Project Manager will provide draft amendment to the Seller for review.
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If a Payment Assignment or Modification is required, additional time will be required to process. The NYSERDA Project Manager will work with the NYSERDA Settlements Manager to ensure that any Payment Assignment or Modification is processed and approved prior to commencement of payments. |
Important to Note: Execution of the Amendment to the REC Agreement is needed to achieve Operational Certification. - Return/Retention of Contract Security
The NYSERDA Project Manager will discuss return and/or partial retention of contract security, per your REC Agreement.
- Project Role Updates
Seller to review Project Roles listed in the LSR Portal and notify the NYSERDA Project Manager of any updates to project specific contacts for . Seller to identify an Asset Manager (primary contact once the project becomes operational, includingan Asset Manager is operational) and Billing Contact (individual who will receive invoice notifications). Seller is responsible for ensuring Project Roles listed in the LSR Portal are always kept up to date.
Any Billing Contacts provided will receive automated messages for invoice payments. At least one Billing Contact must have Portal access to review and approve invoices. | Tip |
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Did you know? A Contact can be provided with Read Only Access to the Portal, which will allow that individual to only view the project record and related documents, including invoice payments. They will not be able to edit any fields or upload any documents. Email your NYSERDA Project Manager to request. |
- Add or Update Banking Account Information - EFT Form
Only once the Payee W-9 Tax ID No. is confirmed to be correct by the Seller in the LSR portal, to avoid processing errors and a delay in payment, it is highly recommended that you enroll to receive payments via ACH for the Payee Tax ID No. and Payee Supplier entity listed in the Portal. For information on how to set up, please visit Adding/Updating Banking Information – EFT Form.
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