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BEC-27: Can we include a preference for Combination products over individual month products in the bid form? How does bid evaluation work?

There is no ability for a bidder to specify a preference for Combination Products over individual month Products in the bid form. The process for the submission of Bids is described in Section V.9 of the Spring 2024 Block Energy and Capacity RFP Rules. A “Bid” for Energy Products and Combinations is the price that … Continue reading Can we include a preference for Combination products over individual month products in the bid form? How does bid evaluation work?

Indexed REC-5: Can a Bidder submit an annual quantity in the Bid based on a portion of the Project capacity?

The Bidder determines the full and minimum quantities of RECs to include in the Bid for a given Project. These quantities may represent a portion of the RECs from a Project. For a utility-scale wind, utility-scale solar, or brownfield site photovoltaic project, the full quantity must not exceed the Maximum Bid Size. The minimum quantity … Continue reading Can a Bidder submit an annual quantity in the Bid based on a portion of the Project capacity?

BEC-29: Why are the Bid Windows for Energy Products earlier for the Fall 2022 BEC RFP?

The Bid Windows for Energy Products for the Fall 2022 BEC RFP have been moved up by one (1) hour to allow for earlier notification to Bidders as to whether their Bids will be identified as winning Bids to the ICC. As stated in the RFP Rules, the Procurement Administrator will notify a Bidder that … Continue reading Why are the Bid Windows for Energy Products earlier for the Fall 2022 BEC RFP?

Indexed REC-18: Can a Bidder submit an annual quantity in the Bid based on a portion of the Project capacity?

Section 4.1 of the Indexed REC Contract states that in the event that Seller fails to Deliver the Delivery Year Requirement for a Delivery Year under the terms of the REC Contract (such Delivery Year a “Shortfall Year” and such amount of RECs that Seller fails to Deliver to satisfy the Delivery Year Requirement for … Continue reading Can a Bidder submit an annual quantity in the Bid based on a portion of the Project capacity?