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Calendar

Upcoming Events


Release of Preliminary Draft of RSCP Pricing Spreadsheet Thursday, August 18, 2022

Regulatory Milestones
Activity or Decision Point Timing
EDC proposal filed Friday, July 01, 2022
Discovery request deadline Friday, July 22, 2022
Discovery response deadline Friday, August 05, 2022
First FAQ is posted Thursday, August 11, 2022
Release of Preliminary Draft of RSCP Pricing Spreadsheet Thursday, August 18, 2022
Deadline for Initial Comments on all proposals Friday, September 02, 2022
Announce Alternate Guaranty Process Available Tuesday, September 13, 2022
Legislative-type Board Hearing Thursday, September 15, 2022
Public Hearings TBA
Illustrative Part 1 and DRAFT Part 2 Application Forms are posted Thursday, October 06, 2022
Comment Process for Letters of Credit is posted Thursday, October 06, 2022
Information Webcast for Potential Bidders Friday, October 07, 2022
Deadline for Final Comments Tuesday, October 11, 2022
Deadline for Expression of Interest in Alternate Guaranty Process Tuesday, October 25, 2022
Deadline to propose modifications to the standard form of the Pre-Auction and Post-Auction Letters of Credit Tuesday, October 25, 2022
Auction Manager provides individual responses to parties proposing modifications to the Letters of Credit Wednesday, November 02, 2022
All modifications to the standard form of the Letters of Credit that are acceptable on an optional basis are posted Friday, November 04, 2022
Post final credit instruments Friday, November 04, 2022
Statewide minimum and maximum starting prices announced Friday, November 11, 2022
Load caps announced Friday, November 11, 2022
Tranche sizes announced Friday, November 11, 2022
FINAL Illustrative Part 2 Application Forms are posted Thursday, November 17, 2022
Online Application Portal made available to Bidders No later than Tuesday, November 29, 2022
Deadline for Foreign Applicants/Guarantors to submit draft documents Tuesday, November 29, 2022
Information Webcast for Potential Bidders Tuesday, November 29, 2022 (tentative)
Board decision on Auction proposal Expected November 2022
EDC Compliance Filing December 2022
Expected Board Decision on Compliance Filing December 2022
Final Supplier Master Agreements and Rules are posted December 2022
Deadline to submit Part 1 Application due by NOON Tuesday, December 13, 2022
Part 1 Applications are reviewed December 13-16, 2022
Applicants are notified of Part 1 Application results Friday, December 16, 2022
Deadline to submit Part 2 Application due by NOON Wednesday, January 11, 2023
Deadline for Foreign Applicants/Guarantors to submit revised draft documents Wednesday, January 11, 2023
Part 2 Applications are reviewed January 11-19, 2023
Applicants are notified of Part 2 Application results Thursday, January 19, 2023
Auction Manager informs Registered Bidders of changes to decrement formulas or ranges of total excess supply (if necessary) Tuesday, January 24, 2023
Mark-to-Market Information Release Tuesday, January 24, 2023
Tranche Fee is announced Wednesday, January 25, 2023
Information Webcast for Registered Bidders Wednesday, January 25, 2023 (tentative)
Final rate spreadsheets are posted Thursday, January 26, 2023
Final seasonal factors announced Thursday, January 26, 2023
First Trial Auctions for Registered Bidders Thursday, January 26, 2023
EDCs provide Foreign Applicants/Guarantors with assessment of revised documents Friday, January 27, 2023
Second Trial Auctions for Registered Bidders Tuesday, January 31, 2023
Auction Manager informs Bidders registered in BGS-CIEP Auction of starting prices Tuesday, January 31, 2023
Auction Manager informs Bidders registered in BGS-RSCP Auction of starting prices Wednesday, February 01, 2023
BGS-CIEP Auction Starts Friday, February 03, 2023
BGS-RSCP Auction Starts Monday, February 06, 2023
Board decision on Auction results Within two business days of close of the BGS-RSCP Auction or BGS-CIEP Auction, whichever comes later
Winning suppliers execute BGS Supplier Master Agreements Within three business days of Board decision
Documents provided to bidders by Auction Manager containing confidential information must be destroyed Within five business days of Board decision
BGS-RSCP rates filed with Board No later than 30 days prior to becoming effective
Power Flows Thursday, June 01, 2023

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