Please see paragraph VI.2.11 and VI.2.13 of the RFP Rules.
Within two (2) business days of the Bid Date, the Procurement Administrator will submit to the ICC a confidential report that will provide the results of the procurement event(s) on the Bid Date as well as a recommendation on whether these results should be accepted or rejected. Within two (2) business days of the Bid Date, the Procurement Monitor will submit to the ICC a confidential report regarding the results of the procurement event(s) on the Bid Date as well as a recommendation on whether these results should be accepted or rejected. The ICC will decide whether to accept or reject the results of each procurement event within two (2) business days of receiving the confidential reports from the Procurement Administrator and the Procurement Monitor regarding the procurement event.
If the ICC accepts the results of a procurement event for a Company, the Procurement Administrator will notify all Bidders that submitted Bids in that procurement event whether some or all of their Bids were accepted by the ICC. Bidders that have some or all of their Bids for the procurement event for a Company accepted by the ICC are called winning Bidders for that procurement event of that Company. The Procurement Administrator notifies each winning Bidder of the number and price of blocks won for each month and Segment for that Company. The Procurement Administrator also provides to the Company procuring blocks through that procurement event the name of each winning Bidder, and for each such winning Bidder, the number and price of blocks won for each month and Segment. For each Segment of each month, the price paid to the winning Bidder is the average of the Bidder’s own winning Bids for all blocks of that Product and for all blocks of a Combination that includes that Segment of that month. Such notification is made as soon as practicable after the ICC decision.