Announcements


IFP-19: What is the timing for return of the bid assurance collateral that will be provided with the Part 2 Proposal? Is it the same timing under the New Solar RFP as it was under the W&S RFP?

Under the W&S RFP, if a Project was not selected, cash provided as bid assurance collateral would be returned as soon as practicable after the Commission decision assuming that the Company had received proper documentation from the Bidder. A Letter of Credit provided as bid assurance collateral would be left to expire as part of its terms. Under the New Solar RFP, if a Project is not selected in either of the two procurement events, cash provided as bid assurance collateral will be returned as soon as practicable after the Commission decision on the second procurement event (assuming that the Company has received proper documentation from the Bidder). A Letter of Credit provided as bid assurance collateral will be left to expire as part of its terms.