The procurement events held under the Spring 2022 BEC RFP with bids due on April 18, 2022 failed to fully meet the expected load requirements of Ameren Illinois Company (“AIC”), Commonwealth Edison Company (“ComEd”), and MidAmerican Energy Company (“MEC”), and in accordance with the Public Utilities Act under Section 16-111.5, the Procurement Administrator, the Procurement Monitor and the ICC Staff met to analyze potential causes of low supplier interest. At this meeting, the parties decided that additional procurement events would be held at the earliest opportunity to procure blocks of energy for the period June through September 2022 for AIC, ComEd, and MEC (each a “Company”). These additional procurement events are called the “Supplemental Procurement Events.” Unfilled blocks for months after September 2022 will be procured in the Fall 2022 BEC RFP.
The Supplemental Procurement Events are open to all prospective bidders. The Part 1 Window will open on Monday, May 2, 2022, and Part 1 Proposals are due by 12PM (noon) CPT on Wednesday, May 4, 2022. The online Part 1 Form, which is used to submit the Part 1 Proposal, will be accessible to bidders with accounts on Saturday, April 30, 2022. The bid date will be May 16, 2022, with the ICC decision on the results of the procurement events scheduled for May 20, 2022.
There will be an expedited qualification process for bidders that fulfilled all of the requirements of the Part 1 Proposal for a procurement event for a Company under the Spring 2022 BEC RFP. Additionally, there will be an ability to use bid assurance collateral posted for the procurement events under the Spring 2022 BEC RFP towards meeting the bid assurance collateral requirements under the Part 2 Proposal in the Supplemental Procurement Events.
Additional information including the complete schedule of events and deadlines, procurement targets, and RFP Documents detailing the qualification requirements will be posted this week and announcements will be sent to website registrants. To register to receive announcements, please click here to join our mailing list.
If you did not already receive an account to participate in the procurement events held under Spring 2022 BEC RFP, and wish to register for an account to submit a proposal to participate in the Supplemental Procurement Events, please register here and select the category “Block Energy and Capacity”.