Indexed REC-31: Can we provide draft versions of the Pre-Bid Letter of Credit for a Company for review prior to our bank issuing the final executed version?

Neither the Procurement Administrator nor the Companies review draft versions of Pre-Bid Letters of Credit. However, upon request the Procurement Administrator can confirm the amount of bid assurance collateral required to be posted with each company given the Project size.

If the submitted Pre-Bid Letter of Credit for any of the Companies, in its current format, is not acceptable to the Company, the Procurement Administrator will provide a deficiency notice requesting an amendment to your Pre-Bid Letter of Credit and will provide a deadline for receipt of such amendment. Information regarding processing of Part 2 Proposal materials is also posted to the Final Materials page of the Indexed Wind, Solar, and Brownfield section of the procurement website: