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Frequently Asked Questions - Topics - Application

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Answers to Frequently Asked Questions are provided in this section. 

The first posting of FAQs will be in August.  The last posting of FAQs will be in the latter part of January, after bidders are registered to participate in the Auctions.   From that point, questions and answers are emailed directly to Registered Bidders and are not posted to the BGS Auction website.  Questions that are not from Registered Bidders or their advisors are answered strictly on a best efforts basis.

Your use of this page (site) constitutes an acceptance of the Terms as described in the disclaimer.

 
Pre-Auction Security (1)
SMA Section 15.9 (6)
Association and Confidential Information Rules (49)
Credit (4)
Application (9)
Supplier Master Agreement  (4)
General (25)
Auction Rules (1)
Rates (4)
Data (8)

Application

FAQ-109

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?


Correct. There is no pre-auction security required with the... Read Answer

12/8/2017.


FAQ-103

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?


No, the applicant does not need to be a PJM LSE at the time... Read Answer

11/29/2017.


FAQ-102

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?


Section 3 of the Part 1 Application does not compel the... Read Answer

11/29/2017.


FAQ-101

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?


Section 6 of the Part 1 Application asks the Applicant to... Read Answer

11/29/2017.


FAQ-34

I registered to receive login credentials to access the online Part 1 Application. When should I expect to receive those credentials?


The online application portal will be made available to... Read Answer

10/18/2017.


FAQ-30

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


The Bidder Team consists of an Authorized Representative... Read Answer

10/18/2017.


FAQ-25

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?


A potential supplier must submit to a two-part... Read Answer

10/18/2017.


FAQ-24

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?


There are no state licensing requirements associated with... Read Answer

10/18/2017.


FAQ-23

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


The Application Process is conducted online at... Read Answer

10/17/2017.


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What's New

ANNOUNCEMENT: Compliance Filing Documents Approved as Final Documents; POSTING: Terms and Conditions of Auction Software ...   GO >>

REMINDER: Part 1 Application is Due TOMORROW, Tuesday, December 12!...   GO >>

POSTING: Bidder Information Webcast Materials...   GO >>

REMINDER: Part 1 Application is Due Tuesday, December 12!...   GO >>

POSTING: Compliance Filing Documents...   GO >>

REMINDER: Part 1 Application is Due Tuesday, December 12!...   GO >>

POSTING: Auction Rules and Supplier Master Agreements...   GO >>

ANNOUNCEMENT: Online Part 1 Form Now Open!...   GO >>

ANNOUNCEMENT: Daily FAQ Postings; POSTING: Association and Confidential Information Rules Q&A ...   GO >>

FINAL REMINDER: RSVP Now for the Bidder Information Webcast TODAY!...   GO >>

ANNOUNCEMENT: Board Decision on BGS Proposals...   GO >>

REMINDER: RSVP Now for the Upcoming Bidder Information Webcast!...   GO >>

ANNOUNCEMENT UPDATE: Total 2018 Auction RSCP Peak Load Share (MW) Update...   GO >>

POSTING: Final Part 2 Application Form...   GO >>

ANNOUNCEMENT: Minimum and Maximum Starting Prices, Tranche Targets, and Load Caps for the 2018 BGS-RSCP Auction...   GO >>

ANNOUNCEMENT: Minimum and Maximum Starting Prices, Tranche Targets, and Load Caps for the 2018 BGS-CIEP Auction...   GO >>

INVITATION: RSVP Now for the Upcoming Bidder Information Webcast!...   GO >>

POSTING: Post-Auction Letters of Credit...   GO >>

POSTING: BGS Pre-Auction Letters of Credit...   GO >>

FINAL REMINDER: Deadline for Comments on Letters of Credit is TOMORROW, October 24...   GO >>

POSTINGS: Illustrative Application Forms and Webcast FAQs...   GO >>

REMINDER: Comment Process for Letters of Credit...   GO >>

POSTING: Bidder Information Webcast Materials...   GO >>

Comment Process for Letters of Credit: Posting of Further Documents...   GO >>

Comment Process for Letters of Credit: Posting of Further Documents...   GO >>

REMINDER: RSVP Now for the Upcoming Bidder Information Webcast!...   GO >>

REMINDER: RSVP Now for the Upcoming Bidder Information Webcast!...   GO >>

REMINDER: RSVP Now for the Upcoming Bidder Information Webcast!...   GO >>

ANNOUNCEMENT: RSVP Now for the Upcoming Bidder Information Webcast!...   GO >>

INVITATION: Comment Process for Letters of Credit...   GO >>

POSTING: Alternate Guaranty Process...   GO >>

Deadline for Initial Comments on Proposals for Procurement of BGS is Tomorrow...   GO >>

Deadline for Initial Comments on Proposals for Procurement of BGS...   GO >>

POSTING: First FAQs and BGS-RSCP Pricing Spreadsheet Tool...   GO >>

ANNOUNCEMENT: EDCs' Filing is Available on the BGS Auction Website...   GO >>

Board Approves Results of 2017 BGS Auctions...   GO >>