No. Bid assurance collateral that is tendered for the first procurement event and that is still required for the second procurement event will roll over to the second procurement event.   In that manner, a Bidder that provides bid assurance collateral in the first procurement event and that participates in the second procurement event with the same Projects will already have the bid assurance collateral in place for the second procurement event.

However, if a Bidder elects not to participate in the second procurement event (as evidenced by you not submitting the Part 1 Proposal in the second procurement event for any of your Projects) then: (i) a Bidder that posted cash to a Company can submit a request for the return of cash tendered as bid assurance collateral to that Company to initiate the return the cash on April 5, 2018; and (ii) a Bidder that submitted a Pre-Bid Letter of Credit for a Company may submit an amendment to change the expiration date of the Pre-Bid Letter of Credit for that Company to April 5, 2018 (or later).