If a Bidder has Bids that are accepted by the Commission, such Bidder will receive an invoice from the IPA for the Supplier Fees as well as instructions for payment. The Bidder must complete payment of the Supplier Fees due to the IPA by the seventh business day after the ICC decision. For the Fall 2019 block energy procurement events, the ICC rendered its decision on September 13, 2019 and thus the Supplier Fees are due on September 24, 2019.

If a winning Bidder fails to pay the Supplier Fees to the Illinois Power Agency by that date, each Company may draw upon the Pre-Bid Letter of Credit for that Company (pursuant to sub-paragraph 2d of the Pre-Bid Letter of Credit).