Get credit where credit is due.
Euclid helps renewable energy projects protecttheir federal tax credits across FEOC, DomesticContent, and PWA compliance.
Trusted by renewable energy's leading teams
WHAT WE DO
Your tax credit compliance source of truth
Protect your tax credits by collaborating with all of your partners in one platform.
One platform. Every stakeholder works from the same compliance record — across FEOC, Domestic Content, and PWA.
Process
From early development to financing close
Each compliance area runs a different playbook. Toggle to see the workflow Euclid runs for your offer.
Country-of-origin & supplier screening
Screen every supplier and component against PFE country lists, OFAC, and BIS Entity Lists before contracts are signed. Identify high-risk components — modules, cells, batteries, critical minerals — and flag where deeper diligence is required.
Ownership chain & control analysis
Map ownership up the chain for each in-scope supplier. Test for direct or indirect FEO control, board influence, and licensing relationships that would trigger a Specified Foreign Entity classification.
MACR threshold testing
Run the Material Assistance Cost Ratio against your project's manufactured-product mix. Confirm the project clears the annual MACR threshold under Section 7701(a)(51) and model alternatives if you're close to the line.
FEOC AUP report & risk register
Deliver a risk-scored FEOC AUP report with supplier-level diligence, MACR calculation, and a register of any residual exposures plus mitigation. Designed for tax equity, lenders, and insurers to rely on at financing close.
Ongoing monitoring & annual bringdown
Monitor supplier ownership and government designations across the full 10-year credit exposure window. Issue annual bringdown reports, refresh diligence on changes of control, and provide IRS inquiry support if needed.
Equipment strategy & sourcing plan
Review your equipment mix against the latest IRS Safe Harbor tables and Notice 2025-08 guidance. Identify which steel/iron items must be 100% U.S.-melted-and-poured and which Manufactured Products contribute to the adjusted percentage threshold.
Supplier certification campaign
Issue certification packages to every supplier in scope — modules, racking, inverters, transformers, batteries, BOS. Collect Direct Cost data or Safe Harbor classifications, validate completeness, and chase any gaps directly with the manufacturer.
Safe Harbor or Direct Cost analysis
Run the elected calculation methodology — Safe Harbor table or Direct Cost build-up — against your final equipment list. Pressure-test the result against alternative scenarios so you know your margin above the threshold.
Domestic Content AUP report
Deliver an Agreed-Upon Procedures report addressed to your project company that lenders, tax equity, and ITC transfer buyers can rely on. Includes methodology, supplier-level exhibits, and qualifying-percentage attestation.
As-built reconciliation
Once construction is complete, reconcile the report to as-built equipment lists, refresh exhibits if substitutions occurred, and issue the bringdown report needed for tax filings.
Contractor onboarding & wage setup
We onboard every contractor and subcontractor on your project, pull the correct DOL wage determinations for the work classification and county, and set expectations for certified payroll, apprenticeship ratios, and recordkeeping before the first hour is worked.
Apprenticeship plan & ratio modeling
Register apprentices through approved programs, model the labor-hour ratios required to hit the apprenticeship threshold, and confirm Good Faith Effort coverage if registered programs aren't available in your market.
Live labor tracking & weekly review
Ingest weekly certified payroll across every contractor into the Euclid platform. Flag wage underpayments, missed ratios, and missing journeyman supervision in real time — with weekly check-ins so issues get fixed before they compound.
Penalty modeling & remediation
If anything fell short, we model penalty exposure, coordinate cure payments, and document Good Faith Effort defense — protecting the 5x credit multiplier from the start.
IRA Labor Compliance Report & defense
Deliver a financing- and audit-ready IRA Labor Compliance Report with full methodology, exhibits, and contractor-level findings. Stay on call for IRS inquiries through the credit exposure window.
DELIVERABLEs
End-to-end verification
Defensible reporting your legal counsel, tax equity partners, and lenders can stand behind.
Confirm projects avoid prohibited foreign entities.
Supplier diligence, ownership chain verification, MACR threshold testing, and 10-year monitoring so your project stays qualified through the full credit window.
- FEOC AUP report with risk-scored diligence
- MACR threshold compliance validation
- 10-year ownership monitoring and audit support
Verify domestic sourcing requirements.
Safe Harbor calculations, supplier certification packages, and a Domestic Content AUP report designed to unlock the bonus credit.
- Domestic Content AUP report
- Safe Harbor calculation model
- Supplier certification & contract compliance package
Validate labor compliance to maintain full credit value.
Real-time labor tracking, contractor onboarding, and a full IRA Labor Compliance Report — built so your legal, tax equity and lenders can rely on it without follow-up questions.
- Live portfolio dashboard for every contractor
- IRA Labor Compliance Report with full methodology
- Penalty risk modeling and remediation support
- Audit-ready deliverables
PWA Compliance for Utility-Scale BESS
How UBS financed a 1GWh BESS portfolio with Euclid's PWA services
Challenge
UBS needed a PWA compliance partner that could meet aggressive financing timelines and provide the depth of diligence required by their risk committee — coordinating across multiple stakeholders, vendors, and shifting IRA policy guidance.
Solution
Euclid deployed a comprehensive program management platform giving every stakeholder real-time visibility into PWA compliance across the portfolio.
Results
Onboarded and vetted 15+ contractors across a 12+ month construction timeline, and helped secure complex financing — including a 5-lender facility, 2 ITC transfer buyers, preferred equity, and specialized insurance.
COMPLIANCE OFFERINGS
Find the right plan for you
FEOC Compliance
Get a 24-hour risk report and call with your Euclid reviewer
- Country-of-origin & supplier screening (PFE, OFAC, BIS)
- Ownership chain & effective control diligence
- MACR threshold testing under Section 7701(a)(51)
- FEOC AUP report with risk-scored supplier register
- 10-year ownership monitoring & annual bringdown
Domestic Content Compliance
Document equipment sourcing to maintain full credit value.
- Equipment strategy aligned to Safe Harbor tables
- Supplier certification campaign & Direct Cost collection
- Safe Harbor or Direct Cost qualifying-percentage analysis
- Domestic Content AUP report for tax equity & lenders
- As-built reconciliation & bringdown report at COD
PWA Compliance
Validate labor compliance to maintain full credit value.
- Contractor onboarding & DOL wage determination setup
- Apprenticeship program registration & ratio modeling
- Live certified payroll tracking across every contractor
- Penalty exposure modeling & Good Faith Effort defense
- Financing-ready IRA Labor Compliance Report