S&B-14: Must both the bid assurance collateral and the collateral requirement under the contract be posted by the Bid Date?

Bid Assurance Collateral is submitted with the Part 2 Proposal, which is due on the Part 2 Date. The Part 2 Date for the upcoming Brownfield and Utility-Scale Solar procurement events is November 14, 2018.

The Collateral Requirement is posted only if a Project has a winning Bid that is approved by the Commission. The Collateral Requirement is posted upon contract execution.

While these dates have been published on the Calendar page of the RFP website, the RFP Rules and other documents have not yet been posted. The RFP Documents will be issued on October 16, 2018 and a webcast, which will provide details on both the bid assurance collateral and credit requirements under the contract, will be held on October 17, 2018.

If you have not done so already, please join our mailing list to receive updates and information by completing the automated form on the Register page. An announcement will be sent to the mailing list when the webcast is announced and again when the RFP Documents have been issued.