W&S-230: Our bank is not entirely comfortable with certain provisions of the Letter of Credit. Can you provide some examples of banks that have accepted the current form?

The Procurement Administrator is not able to provide this information but appreciates the feedback. The Procurement notes that there are modifications acceptable to the utilities and posted on the procurement website. A winning supplier always has the option to post cash as security for the period during which it is finding an Issuing Bank for its Letter of Credit.