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Regulatory Milestones
Activity or Decision Point Timing
EDC proposal filed Wednesday, July 01, 2020
Discovery request deadline Wednesday, July 22, 2020
Discovery response deadline Wednesday, August 05, 2020
First FAQ is posted Thursday, August 13, 2020
Release of Preliminary Draft of RSCP Pricing Spreadsheet Thursday, August 20, 2020
Deadline for Initial Comments on all proposals Friday, September 04, 2020
Public Hearings September 2020
Announce Alternate Guaranty Process Available Tuesday, September 08, 2020
Legislative-type Board Hearing Friday, September 11, 2020
Deadline for Final Comments Monday, October 05, 2020
Information Webcast for Potential Bidders Thursday, October 15, 2020 (tentative)
Illustrative Part 1 and Part 2 Application Forms are posted Thursday, October 22, 2020
Deadline for Expression of Interest in Alternate Guaranty Process Tuesday, October 27, 2020
Deadline to propose modifications to the standard form of the Pre-Auction and Post-Auction Letters of Credit by NOON Tuesday, October 27, 2020
Auction Manager provides individual responses to parties proposing modifications to the Letters of Credit Thursday, November 05, 2020
All modifications to the standard form of the Letters of Credit that are acceptable on an optional basis are posted Monday, November 09, 2020
Statewide minimum and maximum starting prices announced Monday, November 16, 2020
Load caps announced Monday, November 16, 2020
Tranche sizes announced Monday, November 16, 2020
Board decision on Auction proposal November 2020
EDC Compliance Filing November/December 2020
Expected Board decision on Compliance Filings December 2020
Online Application Portal made available to Bidders No later than Tuesday, December 01, 2020
Deadline for Foreign Applicants/Guarantors to submit draft documents Tuesday, December 01, 2020
Information Webcast for Potential Bidders Thursday, December 03, 2020 (tentative)
Deadline to submit Part 1 Application due by NOON Tuesday, December 15, 2020
Part 1 Applications are reviewed December 15-18, 2020
Applicants are notified of Part 1 Application Results Friday, December 18, 2020
Auction Manager provides results of EDCs’ review of draft documents submitted by Foreign Applicants/Guarantors Friday, December 18, 2020
Online Part 2 Form made available to Bidders Monday, December 21, 2020
Deadline to submit Part 2 Application due by NOON Thursday, January 14, 2021
Deadline for Foreign Applicants/Guarantors to submit revised draft documents Thursday, January 14, 2021
Part 2 Applications are reviewed January 14-22, 2021
Applicants are notified of Part 2 Application results Friday, January 22, 2021
Mark-to-Market Information Release Tuesday, January 26, 2021
Tranche Fee is announced Tuesday, January 26, 2021
Final rate spreadsheets are posted Tuesday, January 26, 2021
Final seasonal factors announced Tuesday, January 26, 2021
Information Webcast for Registered Bidders Tuesday, January 26, 2021 (tentative)
Auction Manager informs Registered Bidders of changes to decrement formulas or ranges of total excess supply (if necessary) Wednesday, January 27, 2021
Trial Auctions for Registered Bidders Thursday, January 28, 2021
EDCs provide Foreign Applicants/Guarantors with assessment of revised documents Friday, January 29, 2021
Auction Manager informs Bidders registered in BGS-CIEP Auction of starting prices Tuesday, February 02, 2021
Auction Manager informs Bidders registered in BGS-RSCP Auction of starting prices Wednesday, February 03, 2021
BGS-CIEP Auction Starts Friday, February 05, 2021
BGS-RSCP Auction Starts Monday, February 08, 2021
Board decision on Auction results Within 2 business days of close of the BGS-RSCP Auction or BGS-CIEP Auction, whichever comes later
Winning suppliers execute BGS Supplier Master Agreements Within 3 business days of Board decision
Documents provided to bidders by Auction Manager containing confidential information must be destroyed Within 5 business days of Board decision
BGS-RSCP rates filed with Board No later than 30 days prior to becoming effective
Power Flows Tuesday, June 01, 2021

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