Archives

BEC-48: We have Bids for a Company that have been approved as winning Bids by the ICC. When will that Company send the partially executed supplier contract and related documents to us?

The timeline of the contract execution process for each Company is fully described in Paragraph VI.2.17 of the RFP Rules posted on March 16, 2022. For your convenience, we also provide it below: “If the ICC approves some or all of a Bidder’s Bids for a procurement event for a Company, by 12 PM (noon) … Continue reading We have Bids for a Company that have been approved as winning Bids by the ICC. When will that Company send the partially executed supplier contract and related documents to us?

BEC-47: Does the Procurement Administrator recommend whether the ICC accept or reject individual Bids for a Product and Company or the Least Cost Package for a Company?

In regards to procurement events held for block energy, the Procurement Administrator provides a recommendation to the Commission for each procurement event (i.e. a separate recommendation for each of the procurement events for ComEd, AIC and MEC). Section 16-111.5 of the Act requires that “Within 2 business days after opening the sealed bids, the procurement … Continue reading Does the Procurement Administrator recommend whether the ICC accept or reject individual Bids for a Product and Company or the Least Cost Package for a Company?

BEC-46: Please confirm that the Procurement Administrator will notify each Bidder whether their Bids, if any, will be identified as winning Bids to the ICC on May 16. Please confirm that the ICC will render a decision on the results of the procurement events under the Supplement RFP on Friday, May 20, 2022.

Section 16-111.5 of the Act requires that the Procurement Administrator and the Procurement Monitor submit a confidential report to the Commission within 2 business days after opening the sealed bids and that the Commission shall review the confidential reports, and shall accept or reject the recommendations of the Procurement Administrator within 2 business days after … Continue reading Please confirm that the Procurement Administrator will notify each Bidder whether their Bids, if any, will be identified as winning Bids to the ICC on May 16. Please confirm that the ICC will render a decision on the results of the procurement events under the Supplement RFP on Friday, May 20, 2022.

BEC-45: Will the Procurement Administrator notify a Bidder that none of their Bids will be identified as winning Bids to the ICC by 4 PM CPT on the Bid Date if that is the case?

The Procurement Administrator will notify each Bidder that submitted Bids, by 4 PM CPT on the Bid Date, which of the Bidder’s Bids, if any, will be identified as winning Bids to the ICC. A Bidder that submits Bids will be notified by 4PM CPT that none of their Bids will be identified as winning … Continue reading Will the Procurement Administrator notify a Bidder that none of their Bids will be identified as winning Bids to the ICC by 4 PM CPT on the Bid Date if that is the case?

BEC-44: Is there a chance that the Procurement Administrator will notify a Bidder whether their Bids, if any, will be identified as winning Bids to the ICC before 4 PM CPT on the Bid Date? If so, what is the earliest timeframe?

The Procurement Administrator will notify each Bidder that submitted Bids, by 4 PM CPT on the Bid Date, which of the Bidder’s Bids, if any, will be identified as winning Bids to the ICC.  The Procurement Administrator cannot commit to an earlier timeframe.

BEC-43: Will the notification on the Bid Date as to which of the Bidder’s Bids, if any, will be identified as winning Bids to the ICC be provided by phone and email?

The Procurement Administrator will notify each Bidder that submitted Bids, by 4 PM CPT on the Bid Date, which of the Bidder’s Bids, if any, will be identified as winning Bids to the ICC. The Procurement Administrator will provide notification by phone by 4PM CPT. The Procurement Administrator will endeavor to also provide written confirmation … Continue reading Will the notification on the Bid Date as to which of the Bidder’s Bids, if any, will be identified as winning Bids to the ICC be provided by phone and email?

BEC-42: Has the Illinois Commerce Commission ever rejected the results of a procurement event for a Company for block energy?

As seen in the public notices posted to the ICC’s Electricity Procurement Process page, https://www.icc.illinois.gov/programs/electricity-procurement-process, the Commission has approved the procurement administrator’s selection of winning bids for each instance of the procurement of electricity pursuant to Illinois Public Act 95-0481, effective August 28, 2007 (the “Act”), including the Act’s amendments to the Public Utilities Act … Continue reading Has the Illinois Commerce Commission ever rejected the results of a procurement event for a Company for block energy?

BEC-38: Is the Procurement Administrator’s confidential report on the result of the April 18 Procurement Events available? Is there any publicly available information discussing why the April 18 Procurement Events failed to fully meet the expected load requirements of AIC, ComEd, and MEC (each a “Company”)?

The Procurement Administrator’s confidential report on the results of the April 18 Procurement Events is not publicly available. The April 18 Procurement Events failed to fully meet the expected load requirements of AIC, ComEd, and MEC. In accordance with Section 16-111.5 of the Act, the Procurement Administrator, the Procurement Monitor, and ICC Staff met within … Continue reading Is the Procurement Administrator’s confidential report on the result of the April 18 Procurement Events available? Is there any publicly available information discussing why the April 18 Procurement Events failed to fully meet the expected load requirements of AIC, ComEd, and MEC (each a “Company”)?

Indexed REC-64: What is the Letter of Full Transfer (Schedules 1-3) and is it required to be completed by the deadline to provide post-bid collateral?

Any transfer request for the post-bid letter of credit must be presented utilizing one of the forms of the Letter of Full Transfer (Schedules 1-3) together with the original Letter of Credit and original amendments, if any.  The Letter of Full Transfer does not need to be completed at the time the post-bid letter of … Continue reading What is the Letter of Full Transfer (Schedules 1-3) and is it required to be completed by the deadline to provide post-bid collateral?