Announcements


BE-64: If we are a current supplier to a Company and we have winning bids in a procurement event again this year, will we be required to execute a new Agreement or will we simply be executing a Confirmation under our existing Agreement? Additionally, can we net credit exposures to a Company?

First, if you are a winning bidder in this Fall 2017 BEC RFP, you must execute a new applicable supplier contract(s) regardless of whether you are a winning supplier or not from a prior procurement event. Generally, netting of credit exposures and a shared unsecured credit line across each utility’s supplier contracts is envisaged.