LADWP Awards IEC with Three Contracts to Support its RPS and Transmission Projects

Los Angeles, Calif., June 15, 2009 – IEC Corporation was recently awarded three separate contracts to support the Los Angeles Water and Power Department (LADWP) as the utility looks to comply with California’s Renewable Portfolio Standard (RPS) mandate to procure at least 20% of its electricity from renewable resources by 2010 and 35% by 2020. LADWP selected IEC to assist its staff in assuring the successful implementation of its RPS projects through three different contracts: 1) Development & Acquisition of Renewable Energy Resources; 2) Transmission System Technical Support; and 3) Construction Management Services for Renewable Energy and Transmission Projects. The scope of services for these three-year contracts includes, but is not limited to, system studies, contract negotiations, feasibility studies, conceptual design, due diligence assessments, technical support, engineering, construction management, project controls and reporting, quality assurance, commissioning, and training, to assure the successful implementation of LADWP’s RPS goals. IEC Corporation was the only company that was awarded a contract in each of the three contract areas solicited by LADWP for RPS and Transmission support.