The amount of bid assurance collateral required for a Project is determined separately for each Company as detailed below. For purposes of determining the amount of bid assurance collateral, where applicable, the aggregate size of the Projects presented by a Bidder will be rounded to the nearest megawatt.
- The amount of bid assurance collateral required for AIC is $1,600/MW. The amount of bid assurance collateral tendered to AIC across all Projects presented by a Bidder need not exceed $1,200,000.
- The amount of bid assurance collateral required for ComEd is $4,000/MW. The amount of bid assurance collateral tendered to ComEd across all Projects presented by a Bidder need not exceed $2,800,000.
For example, if the bidder presents Projects with an aggregate size of 150 MW, the bidder would submit 150 x $1,600 = $240,000 to AIC and 150 x 4,000 = $600,000 to ComEd.