The bid assurance collateral amounts have been set. Each Bidder in the Utility-Scale Wind RFP will be required to provide bid assurance collateral in the form of cash or a letter of credit separately to each of the three Companies (Ameren Illinois Company (“AIC”), Commonwealth Edison Company (“ComEd”), and MidAmerican Energy Company (“MEC”)) for all the Projects for which the Bidder is presenting a Proposal. The required amounts are as follows:
- $1,600/MW for AIC up to a ceiling of $2,150,000
- $4,000/MW for ComEd up to a ceiling of $5,500,000
- $400/MW for MEC up to a ceiling of $350,000.
Additional information on bid assurance collateral requirements will be provided with the final RFP Documents, which will be issued on Thursday, August 23, 2018.
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