We did not submit a Part 1 Application. Is there a way we can still bid in the BGS Auctions?

Is the bank that issues the Pre-Auction Letter of Credit required to have a New York address?

Do the signatures on the Letter of Intent to Provide a Guaranty by our Guarantor and by the Bidder on the certification need to be on the same original copy or can the Bidder’s signed portion be delivered to the BGS Auction Manager’s office separately?

Do the signatures on the Letter of Reference by the Issuing Bank and by the Bidder need to be on the same original copy or can the Bidder’s signed portion be delivered to the BGS Auction Manager’s office separately?

Are all Pre-Auction Security documents required to be submitted as hardcopy originals including the Letter of Reference and the Letter of Intent to Provide a Guaranty?

Can we submit modifications to the Letter of Intent to Provide a Guaranty?

Are bidders committed to bidding in round 1 of the Auction the number of tranches in their indicative offer at the maximum starting price as submitted in their Part 2 Application?

Is cash an acceptable form of pre-auction security?

When should the expiry date be for the BGS Pre-Auction Letter of Credit?

Does a Qualified Bidder in the BGS-RSCP Auction need to submit one Pre-Auction Letter of Credit for each EDC or a single Pre-Auction Letter of Credit for all EDCs?

What happens if a Qualified Bidder cannot make one or more of the certifications in the Part 2 Application?

Is there a requirement that the bank that issues the Pre-Auction Letter of Credit be the same as the bank that issues the Letter of Reference?

Can we provide the letter of credit that our bank wants to issue to the BGS Auction Manager as a redline to the standard format for review?

Will the EDCs evaluate the acceptability of our draft Letter of Reference before we submit it for purposes of the Part 2 Application?

In our Part 1 Application for the BGS-RSCP Auction, we presented financial information for our Guarantor. If we decide not to rely on the financial standing of our Guarantor and to rely on our own financial standing instead going forward, how should we provide notice to the Auction Manager?

Can you confirm that no pre-auction security is required under the Part 1 Application and that any pre-auction security required is due with the Part 2 Application?

In the event that we become a winning bidder in the Auction, is it required for the Authorized Representative or the Officer who names the Authorized Representative in the Part 1 Application to be the individual who executes the applicable Supplier Master Agreement (“SMA”)?

Does an applicant to the BGS Auctions need to be a Load Serving Entity (“LSE”) in the PJM Interconnection, L.L.C. (“PJM”) at the time of submitting the Part 1 Application?

We do not have an office in New Jersey and we do not have a legal representative in New Jersey. Can you explain how we may comply with the requirements of Section 3 of the Part 1 Application?

The Part 1 Application asks for financial information for the Bidder. Are we required to provide this information if we rely on the financial standing of a guarantor?

Is there an opportunity to change the Bidder Team throughout the BGS process to account for employee turnover?

Who manages the process for potential suppliers to register to participate in the BGS Auctions? Does a supplier have to show that it is already a PJM Load Serving Entity (“LSE”) in order to qualify?

Are there any state licensing requirements for a BGS Supplier? Do we have to register in some way with the New Jersey Board of Public Utilities?

How can I become qualified to participate in the BGS Auctions?