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Frequently Asked Questions - #16

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Our bank is requiring the physical addresses of the EDCs for purposes of issuing a Pre-Auction Letter even though the bank will submit the Pre-Auction Letters of Credit to the EDCs and to the BGS Auction Manager as an electronic PDF file via electronic means only. Can you provide the physical addresses for the EDCs for purposes of issuing Pre-Auction Letters of Credit?

The Auction Manager provided contact information for each of the four EDCs in the Acceptable Modifications documents posted to the contract & credit page of the “bidder info” tab on the BGS Auction website. This contact information is to be used for informational purposes only as a modification to the Pre-Auction Letters of Credit. A hardcopy of the Pre-Auction Letter of Credit is not to be issued.

10/24/2023, in Pre-Auction Security.

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