Announcements


REC-12: When does a Company return the Pre-Bid Letter of Credit for its procurement event back to the issuing bank?

In the Part 2 Proposal, a Bidder was able to provide special instructions for the return of the Pre-Bid Letter of Credit for a Company. If a Bidder chose not to provide special return instructions then the Pre-Bid Letter of Credit will expire on the date stated as a part of its terms (which was required to be no earlier than fourteen (14) business days after the expected Commission decision).