Under the 2016 capacity procurement event for AIC, there was no requirement for identifying resources within the proposal submitted in response to the Standard Products RFP. However, the winning bidder was responsible for the registration of the Planning Resources in MISO and for all obligations associated with such Planning Resources to ensure that the Zonal … Continue reading Can you provide an overview of the product from the 2016 capacity procurement event for Ameren Illinois Company (“AIC”)? Were bidders required to identify the capacity resources as part of the RFP?
Suppliers for AIC and MEC are responsible for preparation of the guaranty while ComEd prepares the guaranty on behalf of suppliers.
There is no additional comment process to the Post-Bid Letter of Credit at this time but posting of cash is an alternative. Please contact AIC representatives for details on the process.
As a part of the Fall 2016 Standard Products RFP (“STP RFP”) there was a procurement event of capacity for Ameren (“AIC”) only. The Illinois Power Agency (“IPA”) did not hold a procurement event for capacity for Commonwealth Edison Company (“ComEd”) or MidAmerican Energy Company (“MEC”). In the spring, summer and fall of 2016, the … Continue reading When were procurement events held for capacity for Ameren Illinois, Commonwealth Edison Company, and MidAmerican Energy Company?
The procurement plan for 2017 is still in development and the rules for the procurement events are not yet available. The draft 2017 IPA Procurement Plan is posted here: http://www.illinois.gov/sites/ipa/Pages/2017-Procurement-Plan.aspx. The distributed generation procurement proposal is covered in Section 8.4 and states: “bids must once again be at least one megawatt in size, but may … Continue reading Have the parameters for procurement of RECs from distributed generation been determined for 2017 (either in the utility DG or supplemental procurement events)? In particular are the rules established on the minimum sizes or maximum quantities of RECs that can be bid?
A Bidder in the AIC Capacity procurement event may bid on any number of ZRCs for a given Planning Year up to the Target for that Planning Year. A Bidder may not bid on a fraction of a ZRC. Please see the table below for the ZRC Targets: Planning Year ZRC Target (number ZRCs) 2017-2018 … Continue reading Are there any restrictions on the quantity of ZRCs for which a bidder may place a bid in the AIC Capacity procurement event?
There is no process to have additional changes to the Post-Bid Letter of Credit reviewed or approved at this point in the AIC Capacity procurement event. The Post-Bid Letter of Credit must be in a form that is acceptable to AIC. A supplier may post cash rather than a letter of credit under the terms … Continue reading Can we propose additional modifications to the Post-Bid Letter of Credit for a procurement event now that we are during the Part 2 Window? Is cash acceptable under the terms of the AIC Capacity Confirmation Agreement?
It is a requirement of Standard Products RFP that the bank issuing the Pre-Bid Letter for a Company meet the ratings requirements of Paragraph 14 of a Company’s Pre-Bid Letter of Credit (Paragraph 14 is pasted below for your convenience). We, the Issuing Bank, certify that as of the Date of Issuance of this Letter … Continue reading Which financial institutions are acceptable to the Companies as issuing banks for the Pre-Bid Letter of Credit?
The Pre-Bid Letter of Credit for Capacity Products is due by 12 PM (noon) on September 13, 2016. All bidders that intend to bid on AIC Capacity Products are required to provide a Pre-Bid Letter of Credit in an amount of $300,000.
No, your Part 2 Proposal will not be automatically rejected in the case you described. If on the Part 2 Date the Pre-Bid Letter of Credit requirement is deficient, then you will receive a deficiency notice from the Procurement Administrator regarding a Pre-Bid Letter of Credit. At that point, the Bidder must respond by 6 … Continue reading We are facing some problems with our bank issuing the letter of credit in the form that is required and we may not be able to resolve the issue before the Part 2 Date. If we are not able to provide a letter of credit in an acceptable form by the Part 2 Date, is our Part 2 proposal automatically rejected?