Announcements


BE-80: Can we propose modifications to the Standard Post-Bid Letters of Credit?

The Companies are not accepting modifications to the Standard Post-Bid Letters of Credit. Each utility has two options for the Standard Post-Bid Letter of Credit that you may use. Alternatively, you may provide cash as Performance Assurance under the agreements. Any cash held by the Companies will be held at a 0% interest rate and all fees associated with the use of cash as Performance Assurance are to be borne by the Supplier.