PSC X1MD - LEASE/RENTAL OF EPG FACILITIES - HYDRO
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Classification & Hierarchy for PSC X1MD
The classification hierarchy shows how this PSC code fits within the broader federal procurement structure.
- Level 1 Spend Category:
- 4 Facilities & Construction
- Level 2 Spend Category:
- 4.5 Facilities Purchase & Lease
- Parent PSC Code:
- X1 LEASE/RENTAL OF BUILDINGS
- Active Since:
- October 1, 2011
- Last Updated:
- April 30, 2024
Overview for PSC X1MD
The PSC code X1MD pertains to the lease or rental of EPG (Electric Power Generation) facilities specifically related to hydroelectric power. This classification covers contracts where government agencies acquire access to hydroelectric power generation facilities without purchasing the physical assets. Services under this code include the leasing or rental of operational hydroelectric plants, equipment, and related infrastructure used to generate electricity from water sources. Government agencies utilize this PSC to secure reliable, renewable energy sources for their operations and infrastructure needs, promoting energy efficiency and sustainability goals while avoiding capital expenditure on facility ownership. This code is essential for contracting with private or public entities that manage hydroelectric power generation assets.
Typical Buyers & Agencies for PSC X1MD
Federal agencies with significant energy demands, such as the Department of Energy (DOE), Department of Defense (DoD), and the Bureau of Reclamation, typically procure under PSC X1MD. These agencies seek to lease hydroelectric facilities to support their operational energy requirements, enhance grid reliability, and meet renewable energy mandates. Additionally, agencies involved in infrastructure development and environmental management may use this PSC to access hydroelectric power generation capabilities without long-term capital investment. The leasing arrangement allows these agencies flexibility in energy sourcing while supporting federal sustainability objectives.
Common Contract Types for PSC X1MD
Contracts under PSC X1MD often include firm-fixed-price or cost-reimbursement agreements depending on the complexity and duration of the lease. Lease agreements may be structured as long-term rentals or short-term arrangements depending on agency needs. Procurement methods vary from competitive bids to negotiated contracts, with an emphasis on ensuring compliance with federal energy policies and environmental regulations. This PSC is typically used in situations where agencies require guaranteed access to hydroelectric power generation facilities without owning the asset, enabling cost-effective and flexible energy solutions.
Plain-Language Breakdown for PSC X1MD
- Covers leasing or rental of hydroelectric power generation facilities and associated infrastructure.
- Primarily used by federal agencies with high energy consumption and renewable energy goals.
- Facilitates access to hydroelectric power without capital investment in facility ownership.
- Contracts may be firm-fixed-price or cost-reimbursement based on lease terms.
- Procurement methods include competitive bidding and negotiated contracts.
- Closely related to NAICS codes for electric power generation and renewable energy sectors.
Related Categories for PSC X1MD
Other categories at the same level as X1MD
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