We are bidding fewer systems than identified in our Part 1 Proposal. Can you please confirm that our calculation of the required bid assurance collateral is correct?

For identified systems, a Bidder must submit bid assurance collateral in the form of Cash or a Pre-Bid Letter of Credit in an amount of $4/REC. The number of RECs associated with each identified system was provided to you in your bid form as part of your Part 1 Notification and should be used in your calculation. Note, for Bidders submitting forecast quantities, the amount of bid assurance collateral required is $8/REC for forecast quantities.

Announcements

SPV-83: We are bidding fewer systems than identified in our Part 1 Proposal. Can you please confirm that our calculation of the required bid assurance collateral is correct?