Announcements


W&S-158: Do we post the bid assurance collateral separately for each Project or do we post bid assurance collateral for all Projects together?

Bid assurance collateral is posted for all Projects together. A Bidder with multiple Projects that elects to provide bid assurance collateral in the form of a letter of credit for a Company may present a single letter of credit to that Company for all Projects. A Bidder presenting Proposals for multiple Projects and that elects to provide bid assurance collateral in the form of cash for a Company may effect a single wire transfer to provide to that Company the required bid assurance collateral for all Projects.