The submission of the Pre-Bid Letters of Credit is required by all Bidders and is not related to the Bidder’s financial statements. The Pre-Bid Letters of Credit for Energy Products, provided as Appendix 10 for AIC Energy Products and Appendix 11 for ComEd, must be submitted by each applicant with the Part 2 Proposal by 12 PM (noon) on Wednesday, August 28, 2019.  Bidders submitting a Proposal for the AIC capacity procurement event have a later deadline for submission of the Pre-Bid Letter of Credit.  The Pre-Bid Letter of Credit for AIC Capacity Products is provided as Appendix 13 and is due by 12 PM (noon) on Tuesday, September 3, 2019.  The final versions of the Standard Pre-Bid Letters of Credit for each Company were posted on June 26, 2019 to the Final Materials page of the RFP Website.

The required amount of the Pre-Bid Letter of Credit for AIC Energy Products is the greater of $5,000 per block of a Bidder’s Indicative Quantity for AIC or $250,000. The required amount of the Pre-Bid Letter of Credit for ComEd is the greater of $5,000 per block of a Bidder’s Indicative Quantity for ComEd or $250,000. The required amount of the Pre-Bid Letter of Credit for AIC Capacity Products is $200,000.