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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 is in August.  The last posting of FAQs is 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.

 
SMA Section 15.9 (5)
Association and Confidential Information Rules (49)
Credit (4)
Application (8)
Supplier Master Agreement  (2)
General (15)
Auction Rules (2)
Rates (7)
Data (17)

Application

FAQ-106

I uploaded a document in error to the online form.  How do I delete the file?


Documents uploaded to the online application forms cannot... Read Answer

12/6/2018.


FAQ-104. If we present financial information for a Guarantor in the Part 1 Application and we are qualified on that basis, can we change the entity upon whose financial standing we are relying at a later time?

No. The Auction Manager provides to each Qualified... Read Answer

12/3/2018.


FAQ-103

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


Neither the Authorized Representative, nor the Officer who... Read Answer

12/3/2018.


FAQ-102

Is an Applicant to the BGS Auctions required 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 is not required to be a PJM LSE at the... Read Answer

12/3/2018.


FAQ-101

We do not have an office in New Jersey and we do not have a legal representative in New Jersey. What are our options to 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

12/3/2018.


FAQ-100

Does the Applicant have to be rated by the major ratings agency to successfully complete the Part 1 Application for the BGS Auctions?


It is not a requirement of the Part 1 Application that an... Read Answer

11/29/2018.


FAQ-49

What is the difference in the $70K/tranche required under the BGS-CIEP Supplier Master Agreement on slide 22 and the $375K/tranche required as a financial guarantee on slide 47?


The $70K/tranche is the credit requirement during term of... Read Answer

10/16/2018.


FAQ-44

When does the BGS Auction Manager issue those credentials for the online application portal after receiving a request?  Is it on a rolling basis?


Login credentials are not issued on a rolling basis. ... Read Answer

10/2/2018.


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What's New

DEADLINE: Part 1 Application is Due TOMORROW!...   GO >>

POSTING: Bidder Information Materials...   GO >>

REMINDER: Part 1 Application is Due Tuesday, December 18! ...   GO >>

ANNOUNCEMENT: Compliance Filing Documents Approved as Final Documents ...   GO >>

REMINDER: Part 1 Application is Due Tuesday, December 18!...   GO >>

POSTING: Compliance Filing Documents...   GO >>

ANNOUNCEMENT: Daily FAQ Postings; REMINDER: Part 1 Applications Due by NOON on December 18...   GO >>

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

ANNOUNCEMENT: Stakeholder Meeting Regarding RPS Obligations for BGS Suppliers...   GO >>

POSTINGS: Bidder Information Webcast Presentation and Board Order on BGS Auction Process...   GO >>

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

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

ANNOUNCEMENT: Board Decision on BGS Proposals INVITATION: RSVP for BGS Webcast...   GO >>

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

ANNOUNCEMENT: Minimum and Maximum Starting Prices, Tranche Targets, and Load Caps for the 2019 BGS-RSCP Auction...   GO >>

ANNOUNCEMENT: Minimum and Maximum Starting Prices, Tranche Targets, and Load Caps for the 2019 BGS-CIEP Auction...   GO >>

POSTING: Association and Confidential Information Rules Q&A...   GO >>

POSTINGS: Pre-Auction Security Documents and Post-Auction Letter of Credit...   GO >>

REMINDER: Deadline to Propose Modifications to the Letters of Credit is TOMORROW!...   GO >>

REMINDER: Deadline to Propose Modifications to the Letters of Credit is Tuesday, October 23; POSTING: Bidder Information Packet...   GO >>

POSTINGS: Illustrative Application Forms and Bidder Information Webcast Presentation...   GO >>

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

Deadline for Final Comments on Proposals for Procurement of BGS is Tomorrow, Friday, October 12...   GO >>

FINAL REMINDER: Bidder Information Webcast TODAY!...   GO >>

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

REMINDER: Alternate Guaranty Process: Expressions of Interest Due October 23...   GO >>

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

ANNOUNCEMENT: Hearing on Proposals for Procurement of BGS...   GO >>

POSTING: Alternate Guaranty Process...   GO >>

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

POSTING: BGS-RSCP Pricing Spreadsheet Tool...   GO >>

POSTING: First FAQs...   GO >>

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

Board Approves Results of 2018 BGS Auctions...   GO >>