If a Bidder posts bid assurance collateral and does not submit a Bid, the full amount of the bid assurance collateral will be returned with the timeframes provided in the Indexed REC RFP. All bid assurance collateral remains in place until the Commission has rendered a decision on the results of the procurement event. As stated in Section V.2.6 of the RFP Rules, “A Pre-Bid Letter of Credit expires on the date stated as part of its terms, fourteen (14) business days after the anticipated date of the Commission decision on the procurement event”. The Commission renders its decision on the results of the procurement event on Thursday, December 15, 2022. As stated in Section V.2.4 of the RFP Rules, “Return of cash tendered as bid assurance to a Company is not initiated until the Company receives an executed request in a form acceptable to the Company and, for AIC, until a Supplier Request Form is received that AIC finds to be duly completed and, for MEC, until a Vendor Request Form is received that MEC finds to be duly completed.”