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Frequently Asked Questions - #88

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FAQ-88

Does the New Jersey Board of Public Utilities (“Board”) need to approve any assignments of the BGS Supplier Master Agreements?


Assignment is possible under Section 15.3 of the BGS Supplier Master Agreements.  Thus, if an entity participates at the auction and wins, that entity could assign its tranches to another entity at a later time, subject to the conditions of Section 15.3. Regulatory approval from the New Jersey Board of Public Utilities is not required for such an assignment.



12/11/2025, in Supplier Master Agreement .

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