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W&S-118: By our calculation, the bid assurance collateral for solar projects is capped at $450,000 and this corresponds to 30 MW (i.e., 30MW*($4,000/MW+$10,000/MW)+$30,000=$450,000). Is this calculation correct? Does this mean that a Bidder presenting solar projects with aggregate capacity of 30 MW and a Bidder presenting solar projects with aggregate capacity of more than 30 MW are required to post the same total amount of bid assurance collateral?

That is correct. For a Solar Project, the bid assurance collateral required by a Bidder is capped at $450,000 across the three Companies ($120,000 for AIC, $300,000 for ComEd, and $30,000 for MEC).  This cap corresponds to 30 MW of Solar Projects.  A Bidder presenting one or several Projects with capacity totalling 30 MW will be required to post a total of $450,000 in bid assurance collateral and a Bidder presenting one or several Projects with aggregate capacity over 30 MW will also be required to post a total of $450,000 in bid assurance collateral.