First, please note that the contract execution formalities, including the posting of Performance Assurance, will occur only after the ICC approves the AIC Capacity procurement event results. AIC will prepare all of the necessary contract documents for the Bidder’s execution once the ICC approves the results. The Bidder then has three (3) business days to … Continue reading Can you please provide me with instructions for posting Performance Assurance under the (AIC) Capacity Agreement?
No, it is not possible to receive the contracts from the Companies prior to the ICC decision on the results of the procurement events. The Companies do not require signatures in hard copy and will accept scanned documents. It is expected that, if a Bidder has Bids for a procurement event that are approved by … Continue reading The Officer of the Bidder that we plan to have sign the contracts is travelling during the planned contract execution period. We have two questions: 1. Is it possible to receive the contracts from the Companies prior to the Illinois Commerce Commission (“ICC”) decision on the results of the procurement events? 2. If not, can we provide scanned copies of the signature pages of the contracts to the Companies?
Please contact the Procurement Administrator via email at Illinois-RFP@nera.com. In your email, please specify which Company you seek contact information for and we will provide you information for the relevant individual.
First, please note that the contract execution formalities will occur only after the ICC approves the ComEd procurement event results. The Contract and Confirmation execution process and timeline is described in Section 2.3 of the (ComEd) Master Agreement as modified in the Coversheet. ComEd will prepare all of the necessary contract documents for the Bidder’s … Continue reading What is the process for executing the (ComEd) Master Agreement?
The Companies are not accepting modifications to the Standard Post-Bid Letters of Credit. Each utility has two options for the Standard Post-Bid Letter of Credit that you may use. Alternatively, you may provide cash as Performance Assurance under the agreements. Any cash held by the Companies will be held at a 0% interest rate and … Continue reading Can we propose modifications to the Standard Post-Bid Letters of Credit?
It is the Procurement Administrator’s understanding that each of the (ComEd) Master Agreements will be administered separately such that margining under each contract will be separate. However, there will be a single shared unsecured credit line across the agreements provided by ComEd to the credit support provider.
As indicated in the Section 10.10 of the (ComEd) Master Agreement, as modified in the Coversheet, the Agreement constitutes a “master netting agreement” within the meaning of the Bankruptcy Code.
No. If you are a winning bidder in the procurement event related to block energy for the ComEd portfolio, you will be required to sign the (ComEd) Master Agreement issued for this procurement event.
The Supplier Fees are as follows: $ 164 per off-peak block $ 246 per on-peak block $ 60 per ZRC
Microsoft Excel 2010 was used to create the Bid Forms. You may wish to practice the submission of your Bid Forms during Bidder Training on August 17, 2017. Bidder Training is a good way for Bidders to practice all aspects of the bid submission procedure to be used on the Bid Date as well as … Continue reading Which version of Microsoft Excel was used to create the Bid Forms? We want to ensure that we do not have issues with our bid submission on the Bid Date.