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Frequently Asked Questions - This Week

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Answers to Frequently Asked Questions are provided in this section.

The first posting of FAQs is in August. The last posting of FAQs is in the latter part of January, after bidders are registered to participate in the Auctions. From that point through the close of the Auctions, questions and answers are emailed directly to Registered Bidders and are not posted to the BGS Auction website. Questions that are not from Registered Bidders or their advisors are answered strictly as time permits.

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FAQ-94

If a Bidder is not a PJM LSE at the time of submitting the Part 1 Application, will the Bidder be required to demonstrate that it has become a PJM LSE by the time it submits the Part 2 Application? 


By the time service begins, each BGS-RSCP Supplier and each BGS-CIEP Supplier must be (i) a member of PJM, (ii) must meet all applicable obligations that PJM ascribes to an LSE, and (iii) must be a signatory of the PJM Reliability Assurance Agreement as amended and/or superseded. In the Part 2 Application, a Qualified Bidder that, at the time of submission of the Part 1 Application, was not a member of PJM, did not meet all obligations that PJM ascribes to an LSE, and was not a signatory of the PJM Reliability Assurance Agreement will be required to provide evidence that either it has since satisfied requirements (i) – (iii) described above, or that it has submitted to PJM all documents required for enrollment to become a member of PJM including all documents required by PJM to meet all applicable obligations that PJM ascribes to an LSE, and that PJM has begun its review of said documents.

If the Qualified Bidder has, since submitting its Part 1 Application, become a PJM LSE, the Qualified Bidder will be required to provide with its Part 2 Application materials a copy of the signature page of the PJM Reliability Assurance Agreement and any name change documentation as applicable.  If at the time of submitting the Part 2 Application the Qualified Bidder is still not yet a PJM member and PJM LSE, the Qualified Bidder will be required to provide evidence that PJM has started its review of the Qualified Bidder’s documents required for enrollment to become a member of PJM and a PJM LSE.  Such evidence includes, but is not limited to, communication, such as an email, from PJM demonstrating that the Qualified Bidder has submitted to PJM all required documents needed to become a PJM LSE, and that PJM has begun its review of said documents.

12/20/2024, in Application.

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