Announcements


Archived-BEC-43: Our bank wants to suggest additional modifications to the Standard Pre-Bid Letter of Credit given that the letter of credit will be issued electronically. Can you please review?

Neither the Procurement Administrator nor the Companies review draft language for the Pre-Bid Letters of Credit.  The Procurement Administrator issued instructions on March 31 and again on April 3 regarding the Pre-Bid Letters of Credit.  Aside from these instructions, the Pre-Bid Letter of Credit for a Company must be in the form of the Standard Pre-Bid Letter of Credit for that Company or include only those modifications acceptable to the Company and posted to the procurement website.