The BGS Auction website has been updated:
- The final decrement formulas have been posted to the auction rules page of the “bidder info” tab of the BGS Auction website.
- A document containing updated Mark-to-Market (“MtM”) information has been posted to the contract and credit page of the “bidder info” tab of the BGS Auction website. The document contains illustrative marks for each month of the BGS-RSCP supply period, a description of the methodology that will be used to adjust these marks from January 22, 2018 through the close of the BGS-RSCP Auction, and a description of the methodology for updating forward prices over the term of the contract.
If you have any questions, you can submit them through the ask a question page of the “contact us” tab.
January 23, 2018.