The bid assurance collateral is due by the Part 2 Date. The bid assurance collateral is not on a per REC basis, but on a per MW basis calculated based on the aggregate size of all of your Projects combined. Once the aggregate size of all of your Projects is determined, then the bid assurance collateral amount is $1600/MW for AIC, $4000/MW for ComEd, and $400/MW for MEC. The bid assurance collateral in the form of cash or a Pre-Bid Letter of Credit must be sent separately to each of the Companies; namely, AIC, ComEd and MEC.