Announcements


REC-10: What happens to a bidder that signs a contract to AIC and that fails to deliver a quantity of RECs in excess of the Minimum Delivery Requirement?

It is the responsibility of each bidder to review the terms of the applicable supplier contracts (for each of AIC, ComEd and MidAmerican) posted to the Renewable Energy Resources Section of the procurement website.  Each bidder accepts these terms as a condition of its participation in the REC RFP.  In particular, please review Exhibit C of Final (AIC) Renewable Energy Credit Agreement and the corresponding provisions in the Final ComEd Master Renewable Energy Certificate Purchase and Sale Agreement and (MidAmerican) Renewable Energy Credit Agreement for the Minimum Delivery Schedule Requirements. In general, a bidder that fails to deliver a quantity of RECs in excess of the Minimum Delivery Requirement for which the bidder gas signed a contract may forfeit the performance assurance provided to support those RECs.