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BEC-23: When is the next opportunity to propose modifications to the Pre-Bid Letters of Credit?

The RFP Rules will state whether a Bidder may, in its Part 1 Proposal, provide comments on or propose modifications to the Pre-Bid Letters of Credit or may provide comments on the changes that have been made to a Standard Pre-Bid Letter of Credit relative to the previously used Standard Pre-Bid Letter of Credit. Please … Continue reading When is the next opportunity to propose modifications to the Pre-Bid Letters of Credit?

BEC-22: We are participating in the procurement events for Energy Products. The calendar indicates that Pre-Bid Letters of Credit for the procurement events for Energy Products are due after the Part 2 Date. Will our Part 2 Proposal be deficient if we do not submit the Pre-Bid Letters of Credit on the Part 2 Date?

A Bidder must submit its online Part 2 Form, regardless of the procurement event, by 12 PM (noon) on the Part 2 Date. This is prior to the due date for the Pre-Bid Letters of Credit for the procurement events for Energy Products, which are due on Wednesday, September 5, 2018. Even though the Pre-Bid … Continue reading We are participating in the procurement events for Energy Products. The calendar indicates that Pre-Bid Letters of Credit for the procurement events for Energy Products are due after the Part 2 Date. Will our Part 2 Proposal be deficient if we do not submit the Pre-Bid Letters of Credit on the Part 2 Date?

BEC-20: Where can I find redlines between the final supplier contracts between the Spring 2018 and Fall 2018 procurement events?

On June 20, 2018, the Procurement Administrator posted redlines between the final supplier contracts between the Spring 2018 and Fall 2018 procurement events. Redlines reflect differences between the final document posted on March 13, 2018 for the Spring 2018 BEC RFP and the final document posted on June 20, 2018 for the Fall 2018 BEC … Continue reading Where can I find redlines between the final supplier contracts between the Spring 2018 and Fall 2018 procurement events?

BEC-17: Is it possible to get a review of the Pre-Bid Letter of Credit prior to issuance by the bank? We have included modifications that were acceptable in a previous procurement event and we want to make sure these remain acceptable.

There is no process for review of draft Pre-Bid Letters of Credit prior to issuance.  A Pre-Bid Letter of Credit submitted for a procurement event must be in the form of the Standard Pre-Bid Letter of Credit for a procurement event or incorporate only modifications approved by a Company and posted to the procurement website. … Continue reading Is it possible to get a review of the Pre-Bid Letter of Credit prior to issuance by the bank? We have included modifications that were acceptable in a previous procurement event and we want to make sure these remain acceptable.

BEC-16: Can cash be posted as Pre-Bid Security instead of a Pre-Bid Letter of Credit?

No, cash cannot be used in place of a Pre-Bid Letter of Credit. With the Part 2 Proposal, a Bidder must submit an executed Pre-Bid Letter of Credit for the procurement event(s) in which the Bidder is participating.  Bidders must either use the Standard Pre-Bid Letter of Credit provided as an Appendix to the RFP Rules, or … Continue reading Can cash be posted as Pre-Bid Security instead of a Pre-Bid Letter of Credit?

BEC-14: Are redlines available between the final supplier contracts from the Fall 2017 and Fall 2018 procurement events?

Redlines between the final supplier contracts from the Fall 2017 and Fall 2018 procurement events are not available. On June 20, 2018, the Procurement Administrator posted redlines between the final supplier contracts between the Spring 2018 and Fall 2018 procurement events. These documents are available on the Final Materials page of the Fall Block Energy … Continue reading Are redlines available between the final supplier contracts from the Fall 2017 and Fall 2018 procurement events?