CRG-20: If our Project is selected and we execute the REC Contracts, what are financial penalties if we abandon the project at that point (failing to pay the Supplier Fees and/or posting the performance assurance)?

A seller that fails to pay the supplier fee and/or post performance assurance faces forfeiture of the bid assurance collateral.  Furthermore, under the REC Contract, not constructing the project on a timely basis or not delivering RECs are Events of Default subject to termination provisions, which entitle the Buyer as the Non-Defaulting Party to the remedies set forth under the REC Contract.