For each block on which a Bidder intends to Bid, the Letter of Credit must be in an amount to cover $5,000 times the number of months in the block. For example, the Letter of Credit would need to include $5,000 to cover a bid on a single month block, but it would need to include $10,000 ($5,000*2) to cover a bid on the Jan-Feb 2016 block which is an obligation for two months of delivery. In the same way, the Letter of Credit would need to include $60,000 ($5,000*12) to cover a bid on all twelve months in the Jun 2017-May 2018 block.

We remind you that the minimum amount for the Pre-Bid Letter of Credit for Energy Products is $250,000 for each Company. The Pre-Bid Letter of Credit for Ameren need not exceed an amount of $1.43M (in which case a Bidder would be able to bid on all Products and Combinations). The Pre-Bid Letter of Credit for ComEd need not exceed an amount of $5.61M.