A new BGS Supplier Master Agreement is used every year between a supplier and an EDC for which the supplier has won tranches at the auction, regardless of whether the supplier is a current or past BGS supplier for that EDC. After the 2025 BGS Auctions, if the New Jersey Board of Public Utilities approves the results of the auctions, all suppliers with winning tranches for an EDC will be required to execute the final 2025 BGS Supplier Master Agreement with that EDC.