For the Summer 2023 Indexed REC RFP, Bidders will have the opportunity to provide comments on, or propose modifications to, each of the Standard Pre-Bid Letters of Credit and Standard Post-Bid Letters of Credit for each Company with their Part 1 Proposal. The Part 1 Window opens on Wednesday, May 3, 2023 and Part 1 Proposals are due by Thursday, May 18, 2023. It is expected that requested modifications to the text of the Standard Pre-Bid and Post-Bid Letters of Credit from a Bidder’s financial institution would be submitted at this time.

The Bidder provides comments and proposes modifications exclusively by submitting a redline of the Standard Pre-Bid Letters of Credit and Standard Post-Bid Letters of Credit in Microsoft Word format. This document is provided by email or by upload to the application website. The final REC Contract and RFP documents including the final versions of the Standard Pre-Bid Letters of Credit and Standard Post-Bid Letters of Credit will be posted by April 28, 2023.

In addition, please note that the Draft Summer 2023 Indexed REC RFP Documents (including draft versions of the Standard Pre-Bid Letters of Credit) will be posted on March 30, 2023 along with an invitation to comment. The Procurement Administrator invites stakeholder feedback on any aspect of the posted documents; the deadline to provide comments on the draft documents for the second round of public comment will be April 14, 2023. In general, responses under this comment process will be made public and published on the Procurement Administrator’s website (www.ipa-energyrfp.com).