Announcements

Bid Assurance Collateral and SMA requirements for the Default Service RFP must be received by the PPL Electric RFP Team by 12 p.m. (noon) EPT TODAY, July 24.

All Qualified Bidders must complete the online Collateral and SMA form to provide information for the Bid Assurance Collateral and SMA for the Default Service RFP. You can use the login credentials used during the Bidder Qualification process to gain access to the form.

SMA Requirements

• All Bidders must complete and submit a partially signed Default Service SMA by upload to the online Collateral and SMA form.

Bid Assurance Collateral

• All Bidders must indicate whether they are submitting Cash or Letter of Credit (Electronic) by completing the Collateral and SMA Form.
• Cash: Bidders will need to upload instructions to the form regarding the return of the wire transfer. You may be required to provide additional information.

• Electronic Letter of Credit:  For Bidders who intend to post an Electronic Letter of Credit (Appendix 7) for Bid Assurance Collateral, all Electronic Bid Assurance Letter of Credit must be sent via email to:

PPLELECTRIC_BIDLC@PPLWEB.COM

Comprehensive lists of the acceptable modifications to the Bid Assurance Letters of Credit, Performance Assurance Letters of Credit, and the Unconditional Guaranty for the Default Service RFP are posted to the Documents page of the Default Service (Full Requirements) RFP section of the RFP website.

All modifications to the credit instruments accepted by PPL Electric for the benefit of a single RFP Bidder are available to all RFP Bidders on an optional basis.