Announcements


68: For the September 2014 procurement events, can a Bidder use in form and substance the pre-bid and post-bid letters of credit that it submitted to a utility in that utility’s Spring 2014 procurement event?

The form of credit instruments, as well as the lists of modifications that are acceptable to the utilities on an optional basis, have not changed since the Spring 2014 procurement events. Thus, a Bidder that submitted a pre-bid letter of credit or a post-bid letter of credit that was acceptable to the applicable utility in a Spring 2014 procurement event will be able to use the same form and this form will remain acceptable to that utility.