Suppliers for AIC and MEC are responsible for preparation of the guaranty while ComEd prepares the guaranty on behalf of suppliers.

Under the 2016 capacity procurement event for AIC, there was no requirement for identifying resources within the proposal submitted in response to the Standard Products RFP. However, the winning bidder was responsible for the registration of the Planning Resources in MISO and for all obligations associated with such Planning Resources to ensure that the Zonal Resource Credits (“ZRCs”) delivered to AIC have good and marketable titles.

The product for bid was annual ZRCs, as such term is defined in MISO’s Business Practice Manuals and MISO’s Open Access Transmission, Energy and Operating Reserve Market Tariff for a given planning year. A target of ZRCs to be procured was established as a given percentage of AIC’s requirement in that planning year.   A winning bidder would be required to deliver the contracted quantity of ZRCs by submitting the appropriate transactions in the Module E Capacity Tracking Tool. The amount paid to the winning bidder was the average of the winning bidder’s own approved Bids for all ZRCs in that planning year, in $/MW-Day, multiplied by the number of ZRCs delivered, multiplied by the number of calendar days in the Planning Year. If any of the ZRCs were not located in Local Resource Zone 4, which is the zone in which AIC capacity obligations reside, the payment to the winning bidder was adjusted as follows. If the clearing price of the MISO Planning Resource auction for LRZ 4 was greater than the clearing price of source zone for the ZRCs, then the payment would be reduced by the difference in the clearing prices between the two zones multiplied by the quantity of ZRCs. Conversely, if the clearing price of the MISO Planning Resource auction for LRZ 4 was less than the clearing price of source zone for the ZRCs, then the payment would be increased by the difference in the clearing prices between the two zones multiplied by the quantity of ZRCs.

There is no additional comment process to the Post-Bid Letter of Credit at this time but posting of cash is an alternative.  Please contact AIC representatives for details on the process.

As a part of the Fall 2016 Standard Products RFP (“STP RFP”) there was a procurement event of capacity for Ameren (“AIC”) only. The Illinois Power Agency (“IPA”) did not hold a procurement event for capacity for Commonwealth Edison Company (“ComEd”) or MidAmerican Energy Company (“MEC”).

In the spring, summer and fall of 2016, the IPA held procurement events in accordance with its 2016 Procurement Plan which was approved by the Illinois Commerce Commission (“ICC”). The Plan can be found here: https://www.illinois.gov/sites/ipa/Documents/2016-IPA-Procurement-Plan-FINAL.PDF; the ICC approval can be found here: https://www.icc.illinois.gov/downloads/public/edocket/419175.pdf. Please see section 7.2 for the IPA’s recommendations for Procurement Strategy.

The procurement plan for 2017 is still in development and the rules for the procurement events are not yet available.  The draft 2017 IPA Procurement Plan is posted here: http://www.illinois.gov/sites/ipa/Pages/2017-Procurement-Plan.aspx.  The distributed generation procurement proposal is covered in Section 8.4 and states:

“bids must once again be at least one megawatt in size, but may feature DG systems of all qualifying sizes and resource types subject to the size categories and limits discussed above (specifically that a system may not be greater than 2 MW in size, and the underlying generation technology must be “renewable” such that the system meets the requirements of a “distributed renewable energy generation device”)”

It has not yet been determined whether an additional procurement event under the supplemental procurement plan will occur.  Further, the procurement plan for 2017 is subject to modification and amendment in response to comments by parties and as required by the Commission order on the plan, expected to be issued in December of this year.

A Bidder in the AIC Capacity procurement event may bid on any number of ZRCs for a given Planning Year up to the Target for that Planning Year. A Bidder may not bid on a fraction of a ZRC. Please see the table below for the ZRC Targets:

There is no process to have additional changes to the Post-Bid Letter of Credit reviewed or approved at this point in the AIC Capacity procurement event.  The Post-Bid Letter of Credit must be in a form that is acceptable to AIC.

A supplier may post cash rather than a letter of credit under the terms of the Capacity Confirmation Agreement.  Please review the terms of the contract here:

https://www.ipa-energyrfp.com/download/4_-_standard_products_category_%E2%80%93_2016/4d_-_stp_rfp_fall_2016_rfp_docs/1_STP%20RFP_2016%20FINAL%20(AIC)%20Capacity%20Agreement%20(8-26-2016).pdf

It is a requirement of Standard Products RFP that the bank issuing the Pre-Bid Letter for a Company meet the ratings requirements of Paragraph 14 of a Company’s Pre-Bid Letter of Credit (Paragraph 14 is pasted below for your convenience).

We, the Issuing Bank, certify that as of the Date of Issuance of this Letter of Credit our senior unsecured debt is rated “A” or better by Standard & Poor’s (“S&P”) if rated by S&P, “A2” or better by Moody’s Investors Service (“Moody’s”) if rated by Moody’s, and, “A” or better by Fitch Ratings (“Fitch”) if rated by Fitch.  We hereby certify that our senior unsecured debt is rated by at least two of S&P, Moody’s, and Fitch.  If affiliated with a foreign bank, we further certify we are a U.S. branch office of such foreign bank and that as of the Date of Issuance of this Letter of Credit, our senior unsecured debt meets the ratings requirement of this paragraph.

The Companies require that the bank issuing a Pre-Bid Letter of Credit for a Company be able to certify to Paragraph 14 by using Paragraph 14 in its entirety or by incorporating only those modifications to Paragraph 14 approved by the applicable Company.

The Pre-Bid Letter of Credit for Capacity Products is due by 12 PM (noon) on September 13, 2016.  All bidders that intend to bid on AIC Capacity Products are required to provide a Pre-Bid Letter of Credit in an amount of $300,000.

No, your Part 2 Proposal will not be automatically rejected in the case you described.  If on the Part 2 Date the Pre-Bid Letter of Credit requirement is deficient, then you will receive a deficiency notice from the Procurement Administrator regarding a Pre-Bid Letter of Credit. At that point, the Bidder must respond by 6 PM on the second business day following the business day during which that first deficiency notice is sent, whichever comes later. If the Bidder responds to a deficiency notice within the time allowed but the response does not correct all deficiencies, the Bidder will, to the extent feasible, receive a further deficiency notice from the Procurement Administrator with additional time. Such additional time to respond to a further deficiency notice will be no longer than the time allowed under a first deficiency notice and, furthermore, in no event will the deadline to respond to a deficiency notice be after 12 PM (noon) on the Bid Date.

There is no process to have additional changes to the Pre-Bid Letter of Credit reviewed or approved at this point in the ComEd procurement event.  On a courtesy basis, we will note that the previously acceptable modification 14.6 includes a change from “branch office” to “agency office”.  We would also note that if you adopt this modification, an additional paragraph, in a form substantially similar to additional paragraph 4, is required.  Acceptable modification 14.6 includes an additional change from “Issuing bank” to “issuer” that may be required to make clear the relationship between the agency office and the foreign bank unless this is adequately addressed elsewhere in the letter of credit.  When your Pre-Bid Letter of Credit is issued, ComEd will review it and determine whether it is acceptable.

While the modification was accepted for purposes of the supplier contract for the capacity procurement event, Ameren Illinois Company (“AIC”) notes that a supplier that has winning Bids accepted by the Commission for both the capacity procurement event and the AIC energy procurement event would be able to offer a single guaranty with this modification included for purposes of meeting the creditworthiness requirements under each applicable supplier contract.  To treat such a supplier in the same manner as a supplier that has winning Bids accepted by the Commission for the AIC energy procurement event alone, AIC thus would accept the same modification to the guaranty for purposes of the supplier contract for the energy procurement event in advance of that modification being formally integrated to the supplier contract (in Schedule 1 to the Form of Guaranty, which is Exhibit A to the Confirmation Agreement).

This modification is in substance already incorporated in the list of such modifications that are acceptable to ComEd (https://www.ipa-energyrfp.com/download/4_-_standard_products_category_%E2%80%93_2016/4c_-_stp_rfp_fall_2016_contract_docs/7_FINAL_STP_ComEd_Optional%20Changes%20to%20the%20Form%20of%20Guaranty%20(7-27-2016).pdf).  Furthermore, MidAmerican Energy Company (“MEC”) also finds the modification acceptable.

Those documents are available upon request to the Procurement Administrator.

The “Companies” are Ameren Illinois Company d/b/a Ameren Illinois (“AIC”), Commonwealth Edison Company (“ComEd”), and MidAmerican Energy Company (“MEC”).

The Pre-Bid Letter of Credit for a Company must be in the form of the Standard Pre-Bid Letter of Credit (provided as Appendices 10, 11, 12 and 13 to RFP Rules) or incorporate only those modifications approved by the applicable company and posted Standard Products Section of the procurement website (under the applicable Pre-Bid Letter of Credit).  A Bidder may, in its Part 1 Proposal, propose modifications to the standard form of the Pre-Bid Letter of Credit for AIC Capacity Products.

There is no pre-approval process forthe Pre-Bid Letters of Credit prior to issuance by the bank.  The Pre-Bid Letters of Credit for procurement events for Energy Products are due by 12 PM (noon) on the Part 2 Date of September 7, 2016; the Pre-Bid Letter of Credit for the procurement event for Capacity Products is due by 12 PM (noon) three (3) days prior to the Bid Date for Capacity Products, on September 13, 2016.  When the Pre-Bid Letter of Credit is issued for a procurement event, the Company receives, reviews, and evaluates the Pre-Bid Letter of Credit for that procurement event. If a Pre-Bid Letter of Credit is deficient (because the Pre-Bid Letter of Credit is not in the standard form or incorporates modifications not approved by the applicable Company), the Bidder must provide an amendment to the Pre-Bid Letter of Credit.  In general, a bidder will have two (2) days from receipt of a first notification of a deficient Pre-Bid Letter of Credit to respond with an amendment. In no event will the deadline to respond to a deficiency notice be after 12 PM (noon) on the Bid Date.

A Bidder electing to rely on the financial standing of a foreign guarantor for at least one of the procurement events for AIC or MEC and electing to rely on its own financial standing for at least one of the other procurement events in the Standard Products RFP (“STP”) should detail this fact in the Justification of Omissions section of the online Part 1 form.

In Section 3 of the online form, the Bidder should provide the financial documents and credit ratings for either its foreign guarantor or for itself (as available).  All financial information and documents for the other entity (credit ratings and financial statement as available) should be provided in the Justification of Omissions Section.

The requirements under Section 9 of the Part 1 Form only apply to Bidders relying on the financial standing of a foreign guarantor for their participation in the procurement event for ComEd energy products. A Bidder relying on the financial standing of a foreign guarantor but not for its participation in a ComEd procurement event may simply select ‘No’ in response to either of the questions at the start of this section.

Should a  Bidder chooses not to provide the information necessary for the preparation of the (AIC) Confirmation Agreement by fully completing the AIC Energy Contract Inset (#P1-3) prepared for this purpose, the Bidder must indicate this in the first item of Section 4 of the Part 1 Form.

After the Bidder submits the Part 1 Form with this indication, the Procurement Administrator will provide to the Bidder the AIC Energy Contract Delay Insert for completion along with a deadline by which the completed insert must be either emailed to the Procurement Administrator at Illinois-rfp@nera.com or uploaded to the Justification of Omissions section of the online Part 1 Form.

There will not be a single clearing price for payment to all suppliers.  The amount paid to the Seller under the AIC Capacity Agreement is based on the average of the Seller’s own approved Bids for all ZRCs in that Planning Year. If any of the ZRCs delivered are not located in Local Resource Zone 4, which is the zone in which AIC capacity obligations reside, the payment to the Seller will be adjusted based on the results of the MISO Planning Resource Auction.

In responding to this question, we assume that the Target for each of January and February is equal to or greater than 2. In this case, unless the bidder actively specifies the maximum willingness to supply that is smaller than 2, the default maximum willingness to supply in this case is 2 and hence it is possible for the bidder to win two blocks in January and two blocks in February. The bidder may specify a maximum willingness to supply for each month (and segment and company) separately. Please see Section I.2.8 of the STP Rules for more information.

Yes. The STP RFP solicits bids from suppliers for all four procurement events: for AIC Energy Products; for ComEd Energy Products; for MEC Energy Products; and for AIC Capacity Products. Under the STP RFP, a Bidder presents a single Proposal for participation in any or all of the procurement events. For example, you could participate in only the ComEd procurement event, but not the AIC Capacity Procurement event.

The slides and audio recording from the Bidder Information Webcast held on August 17 are available on the Standard Products Section of the procurement website.

Article IV of the STP RFP Rules describes the requirements for previously qualified bidders.

#P1-1 is the label for the Representative Insert.   A previously qualified Bidder must update this information as necessary in its online Part 1 Form.  If the individual named as Representative has not changed, a previously qualified Bidder can use the same insert as was provided in the Spring 2016 procurement events under the STP RFP.  The upload of such Insert will be available to the previously qualified Bidder when logged in to the Part 1 Form on the application website.  If the individual named as Representative has changed, the Officer of the Bidder must fully complete a new Representative Insert and the Bidder provides the Representative Insert by email or by upload to the application website.

P1-2 is the label for the Nominee Insert.  Whether previously qualified or not, a Bidder must provide the Nominee Insert if the Representative or the Officer will designate individuals other than the Representative with which the Procurement Administrator communicates.  P1-3 is the label for the AIC Energy Contract Insert.  Whether previously qualified or not, a Bidder must submit the AIC Energy Contract Insert to provide all information needed to prepare the applicable contract.  P1-4 is the label for the AIC P1 Energy Certifications Insert.  Whether previously qualified or not, a Bidder must submit the AIC Energy Certifications Insert to make the certifications required by the STP RFP.

Instructions for the execution of the Pre-Bid Letter(s) of Credit are released to Bidders along with their Part 1 Notification. Please email the Procurement Administrator Team at Illinois-RFP@nera.com if you wish to receive these instructions earlier.

A previously qualified Bidder that has undergone or is undergoing a change to its corporate structure (through a merger for example) is not eligible to participate in the abbreviated process to submit the Part 1 Proposal. A Bidder under such circumstances must provide all information required by the Part 1 Proposal for the newly named company, including all applicable certifications required by the Part 1 Proposal. The entity that submits the Proposal must be the same entity that will sign the applicable supplier contracts should you have Bids approved by the Commission.

Thank you for registering for an account. The Procurement Administrator issues login credentials within a day of the opening of the Part 1 Window on August 18, 2016.

Information detailing the Pre-Bid Letter of Credit requirements will be provided in the RFP Rules. The RFP Rules and all appendices, including the Pre-Bid Letters of Credit, will be posted to the Standard Products Section of the procurement website on August 17, 2016. An announcement will be sent to website registrants when these documents are posted. If you have not already done so, please register for announcements by completing the form on the Register section of the procurement website and selecting all applicable categories. Draft forms of these documents were posted on August 9, 2016.

Instructions for preparing a Pre-Bid Letter of Credit for each of Ameren Illinois Company, Commonwealth Edison Company, and MidAmerican Energy Company are also provided in the RFP Rules. Let us know whether you have specific questions in this regard.

Separate Pre-Bid Letters of Credit must be submitted to AIC for the block energy procurement event and for the capacity procurement event. The final versions of these letters of credit will be posted on August 17, 2016.

The Procurement Administrator has invited interested parties to submit their comments on the Draft (AIC) Capacity Agreement. For the Fall 2016 Standard Products RFP (“STP RFP”), the Procurement Administrator is not soliciting comments on the contracts for energy products for Ameren Illinois Company (“AIC”), Commonwealth Edison Company, and MidAmerican Energy Company.  The deadline to provide comments is 6 PM CPT on August 16, 2016.

The Standard Products RFP Rules do not state that the Procurement Administrator must notify a Bidder of selected Winning Bids by 6PM on Tuesday, April 26, 2016.  Paragraphs VI.1.23 and VI.2.10 of the Standard Products RFP Rules state that: “The Procurement Administrator expects to notify a Bidder that had Bids in a procurement event that were evaluated whether any of the Bidder’s Bids will be identified as ‘winning Bids’ to the ICC by 6 PM on the Bid Date. Such notification is made earlier to the extent practicable or may be made on the next business day as circumstances warrant.”  (emphasis added)

As you may be aware, no such notification prior to Commission approval is required by the Public Utilities Act; instead, Section 16-111.5(e) of the Act states that the Procurement Administrator has an obligation to provide the Illinois Commerce Commission with a report that includes the identification of the winning Bids within two (2) business days of receipt of the Bids.  Due to the timing of that obligation, the Procurement Administrator expects that, under normal circumstances, it would be in a position to advise Bidders of whether their Bids have been identified as winning Bids just prior to submittal of that the report.  For this reason, possible notification of Bidders by 6 PM CPT on Tuesday is contemplated within the Standard Products RFP Rules (and as you know, winning Bids are subject to acceptance by the Commission and only lead to a contract with the applicable utility upon such acceptance being secured).   For the avoidance of doubt, for purposes of processing Proposals, close of business is 6 PM Central Prevailing Time (which is currently daylight saving time, and not standard time).

The Standard Products RFP Rules do not link the notification by the Procurement Administrator that a Bidder has winning Bids (as identified by the Procurement Administrator prior to Commission approval) with the length of time that the Bids are binding.  Indeed, the Standard Products RFP Rules instead state that in all circumstances the Bidder’s Bids on any Product or Combination is binding until nine (9) business days after the Bid Date.  Each Bidder must certify its agreement with this timing as provided in Paragraph V.3.5 of the Standard Products RFP Rules.  The officer named in your Proposal has made this certification and thus has agreed to this timing on behalf of the Bidder.  The individual who will be submitting Bids will also signify his/her agreement with this provision, which is included as a certification in the Bid Form.  The consequences of not abiding by the certification that you have already made may include, and are not limited to, that payment may be demanded on your pre-bid letter of credit for making a material misrepresentation in your Part 2 Proposal.  The consequence of not making the required certification that appears on the Bid Form is that your Bid Form will be deficient and your Bids will not be evaluated.

Thank you for bringing this to our attention. The link was corrected on April 15, 2016 and you can access the Confirmation Sheet on the Standard Products Section of the procurement website under the heading “Final ComEd Energy Master Agreement (March 25, 2016)”.

An announcement titled “STP RFP – ANNOUNCEMENT: Supplier Fees” was sent to Bidders on April 19, 2016.

There is no webinar or online tutorial for purposes of training on the Bid Form. Rather, there is a dedicated period of time when you can practice the submission of bids and during which members of the Procurement Administrator are available to answer your questions regarding the Bid Form or bid submission procedure.

All Bidders that have a successful Part 1 Proposal received an invitation with their Part 1 Notification and will receive announcements regarding this training session.

If a Bidder has Bids that are accepted by the Commission, such Bidder will receive an invoice from the IPA for the Supplier Fees as well as instructions for payment. The Bidder must complete payment of the Supplier Fees due to the IPA by the seventh business day after the ICC decision. For the Standard Products RFP, the ICC decision is expected on April 29, 2016 in which case the Supplier Fees would be due on May 10, 2016.

The instructions for preparing each Company’s Pre-Bid Letter of Credit were provided to Bidders on the afternoon of April 12, 2016.  If you have not received these instructions, please contact us immediately.

If the Pre-Bid Letter of Credit for AIC is in an amount of $1.990M, then the Pre-Bid Letter of Credit for AIC is sufficient to support an Indicative Quantity of 398 blocks, so that the Bidder can bid on all Segments and months for AIC.  If the Pre-Bid Letter of Credit for ComEd is in an amount of $7.075M, then the Pre-Bid Letter of Credit for ComEd is sufficient to support an Indicative Quantity of 1,415 blocks, so that the Bidder can bid on all Segments and months for ComEd.  If the Pre-Bid Letter of Credit for MidAmerican is in an amount of $0.145M, then the Pre-Bid Letter of Credit for MidAmerican is sufficient to support an Indicative Quantity of 29 blocks, so that the Bidder can bid on all Segments and months for MidAmerican.

The supplier fee is applied to each Segment and month separately.  Thus, for the on-peak Jul-Aug 16 combination, the supplier fee would be twice the fee announced for a single on-peak block.

The number of blocks available for each Company in the Spring 2016 Standard Product RFP is posted to the Standard Products page of the procurement website (https://www.ipa-energyrfp.com/standard-products-section/) in a document entitled “Final Spring 2016 Block Targets”.  The number of blocks available for each Company was also provided in an announcement on April 13, 2016.

Before submitting a proposal for multiple subsidiaries, please review the requirements of the Proposal under the STP RFP. In particular, as a requirement of the Part 2 Proposal, a Bidder is required to make a number of certifications, including:

• That the Bidder is bidding independently and has no knowledge of any Proposal being submitted for this procurement event by another Bidder in response to the RFP;
• That the Bidder has not disclosed, and will not otherwise disclose, publicly or to any other party any information relating to its Proposal (this information is defined in the RFP Rules, and includes, but is not limited to, the fact that the Bidder is submitting a Proposal for this procurement event).

We note that the fact that you are asking whether multiple subsidiaries must pay the bid participation fee implies that you have knowledge of each subsidiary’s intention to submit a proposal. It thus would appear that you would not be able to make the certifications above (and potentially other certifications required by the Proposal).

No. A Bidder that successfully completed the Part 1 Proposal for a 2015 procurement event under the Standard Products RFP is said to have “previously qualified”. Such a Bidder is generally eligible to participate in an abbreviated process to submit the Part 1 Proposal (provided there has been no change in the Bidder’s corporate structure). Conversely, if an entity did not complete the Part 1 Proposal for a 2015 procurement event under the Standard Products RFP, that entity is not eligible to participate in an abbreviated process.

All of the Part 1 Inserts for the Standard Products RFP (“STP RFP”) were posted on March 28, 2016 to the Standard Products Section of the procurement website under the heading “Spring 2016 Standard Products RFP Documents (FINAL)” below the link for Appendix 4 (Part 1 Form Illustrative).

Proposals must be submitted on separate timelines. While the Part 1 Windows for both the Standard Products RFP (“STP RFP”) and the Renewable Energy Resources RFP (“REC RFP”) opened on March 28, 2016, Part 1 Proposals for the STP RFP are due 12 PM (noon) CPT on April 7, 2016, which is earlier than the date at which Part 1 Proposals for the REC RFP are due, which is by 12 PM (noon) CPT on April 13, 2016.

Please see the Calendar page of the procurement website for the important dates and deadlines for both the STP RFP and the REC RFP separately.

The “Companies” are Ameren Illinois Company d/b/a Ameren Illinois (“AIC”), Commonwealth Edison Company (“ComEd”), and MidAmerican Energy Company (“MidAmerican”).

There is, for each Company, a standard supplier contract that must be accepted and used by all Bidders in the Company’s procurement event under the Standard Products RFP. Prior agreements that a Bidder may have entered into with a Company cannot be used for purposes of the IPA procurements events. Please review the applicable supplier contracts for the Standard Products RFP that are posted to the “Standard Products” page of the IPA web site (https://ipa-energyrfp.com).

The Pre-Bid Letter of Credit for MidAmerican was posted in Microsoft Word format to the Standard Products Section of the procurement website under “Spring 2016 Standard Products RFP Documents (FINAL)” heading on March 28, 2016.

A Bidder provides comments or proposes modifications to the Post-Bid Letter of Credit for AIC exclusively by submitting a redline of the standard letter of credit in Microsoft Word format, which can be uploaded to the online Part 1 Form or sent by email to the Procurement Administrator at Illinois-RFP@nera.com. The Post-Bid Letter of Credit for AIC is available in Word format under the heading “Spring 2016 (AIC) Confirmation Agreement” on the Standard Products Section of the procurement website.

The Procurement Administrator will not be soliciting comments on the Post-Bid Letter of Credit for ComEd since there have been no changes to this document since the last procurement event.

A Bidder provides comments or proposes modifications to the Post-Bid Letter of Credit for MidAmerican exclusively by submitting a redline of the standard letter of credit in Microsoft Word format, which can be uploaded to the online Part 1 Form or sent by email to the Procurement Administrator at Illinois-RFP@nera.com. The Post-Bid Letter of Credit for MidAmerican is available in Word format under the heading “Spring 2016 (MidAmerican) Confirmation Agreement” on the Standard Products Section of the procurement website.

In preparing the Part 1 Proposal, any previously qualified Bidder can use the abbreviated process. Through the abbreviated process, it is expected and required that a Bidder would submit any and all updates to the previously provided information. These updates will NOT result in a rejection of the Part 1 Proposal. By submitting the Part 1 Form without providing any updates, a Bidder is certifying that all previously provided information remains valid.

You are not required to document your election of particular modification in the Part 1 Proposal if that modification is already an acceptable modification to a Pre-Bid Letter of Credit. All modifications already acceptable to a Company are listed in a document entitled “Acceptable Modifications to the Standard Pre-Bid Letter of Credit for [name of Company] (March 29, 2016)”. When you provide your Pre-Bid Letter of Credit with your Part 2 Proposal, you will be required either to use the Standard Form of the Pre-Bid Letter of Credit or to use only those modifications that the Company finds acceptable and that are posted to the procurement website.

In the Part 1 Proposal, you may, but are not required to, provide comments on or propose (additional) modifications to the changes to the Pre-Bid Letter of Credit for AIC by using the AIC Comment Insert (#P1-5) prepared for this purpose. You may, but are not required to, provide comments on or propose (additional) modifications to the Pre-Bid Letter of Credit for MidAmerican by submitting a document in tracked changes in Microsoft Word format. The Procurement Administrator will not be soliciting comments on the letters of credit for ComEd.

Such instructions are available from the Procurement Administrator upon request along with the IPA’s W-9. Please note that E-Pay is only available during the Part 1 Window for a given procurement event.

A Bidder may, in its Part 1 Proposal under the Standard Products RFP (“STP RFP”), provide comments on or propose modifications to the changes that have been made to the Standard Pre-Bid Letter of Credit for a Company relative to the previously used Standard Pre-Bid Letter of Credit for that Company. The Procurement Administrator will not solicit comments on changes to the Standard Pre-Bid Letter of Credit for a Company when such changes are purely administrative in nature, such as a change to the expiration date.

The changes to the Standard Pre-Bid Letter of Credit for ComEd consist solely of such administrative updates and the Procurement Administrator will not be soliciting comments on the Standard Pre-Bid Letter of Credit for ComEd. However, optional modifications approved in the prior procurement event under the STP RFP will be made available to bidders. Please consult this list of optional modifications when it is posted to the procurement website to determine whether the modifications sought by your bank are acceptable to ComEd.

Bidders will be able to provide comments on the changes to the Standard Pre-Bid Letter of Credit for Ameren Illinois Company (“AIC”). A Bidder provides comments or proposes modifications on the changes to the Pre-Bid Letter of Credit for AIC by completing the AIC Comment Insert with its Part 1 Proposal. The AIC Comment Insert is also labelled INSERT #P1-5.

Bidders will be able to provide comments on the Pre-Bid Letter of Credit for MidAmerican Energy Company (“MidAmerican”). A Bidder provides comments or proposes modifications to the Pre-Bid Letter of Credit for MidAmerican exclusively by submitting a redline of the Pre-Bid Letter of Credit for MidAmerican in Microsoft Word format by email or by upload to the application website. Only one (1) such redline may be submitted for the Pre-Bid Letter of Credit for MidAmerican.

As such, the comments that you have submitted will not be considered at this time. To the extent that such comments are solicited by the Part 1 Proposal, they will be considered at that time.

We cannot consider a prior guaranty that you have used in the context of another transactions as bidders in the IPA procurement events must accept the terms of standard contracts and credit instruments.  Requests for consideration may be made during the comment process on the applicable supplier contracts and credit instruments.  We understand that you subsequently made a submission to this comment process.  We note that each Company allows optional modifications to the form of Guaranty (provided in Schedule 1 to the Form of Guaranty for AIC and MidAmerican).

The “Companies” are Ameren Illinois Company d/b/a Ameren Illinois (“AIC”), Commonwealth Edison Company (“ComEd”), and MidAmerican Energy Company (“MidAmerican”).  There is, for each Company, a standard supplier contract that must be accepted and used by all Bidders in the Company’s procurement event under the Standard Products RFP.  Prior agreements that a Bidder may have entered into with a Company cannot be used for purposes of the IPA procurements events. Please review the applicable supplier contracts for the Standard Products RFP that are posted to the “Standard Products” page of the IPA web site (https://ipa-energyrfp.com) as they become available.

The Standard Products RFP (“STP RFP”) is for the procurement of monthly on-peak and off-peak standard block forward products as well as combinations for Ameren Illinois Company d/b/a Ameren Illinois (“AIC”), Commonwealth Edison Company (“ComEd”), and MidAmerican Energy Company (“MidAmerican”).  Each of AIC, ComEd, and MidAmerican is a “Company”. A Bidder submits bids that are specific to a Company.  If the ICC approves some or all of a Bidder’s Bids for a Company, the Bidder would execute the applicable supplier contract with that Company.

Please see the “Standard Products” page of the IPA web site (https://ipa-energyrfp.com) for documents and additional information.  Performance assurance collateral requirements are specified in the applicable supplier contract for each Company.   Bid assurance collateral is specified in the RFP Rules document.  When this response is provided, the documents posted to the “Standard Products” page are draft only; final documents will be posted on March 28, 2016.

A redline of the MidAmerican draft contract to the 2015 (final) AIC supplier contract and a redline of the MidAmerican draft contract to the 2016 (draft) AIC supplier contract have been posted to the Standard Products Section of the procurement website.   These redlines are posted at the bottom of the page.

Information and documents related to the Standard Products RFP, including the draft supplier contract for MidAmerican, are available on the Standard Products Section of the procurement website.   The MidAmerican draft contract is posted last on the page.