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ANNOUNCEMENT: Letters of Credit Comments Process Open; Deadline to Propose Modifications to the Letters of Credit is October 24; POSTING: Illustrative Application Forms

The Auction Manager has posted the DRAFT forms of the Pre-Auction Letters of Credit for each Auction.  In addition, the Auction Manager has posted the DRAFT Post-Auction Letter of Credit.  

Potential bidders are invited to propose modifications exclusively by submitting a redline of these documents in Microsoft Word.  The deadline for proposing modifications is 12 PM (noon) (EPT) on Tuesday, October 24, 2023.  Potential bidders send the redlined Draft Letter(s) of Credit to the BGS Auction Manager at the following address:

Potential bidders may download the MS Word format of each Letter of Credit from the Contract & Credit page. For a complete description of the comment process, please refer to the document titled “Comment Process on the Letters of Credit (Pre-Auction and Post-Auction)” also posted on the Contract & Credit page.

The Auction Manager has also posted the Illustrative Part 1 Application Form and the Illustrative Part 2 Application Form to the Application Process page of the BGS Auction website.

If you have any questions, you can submit them through the ask a question page of the “contact us” tab.

October 5, 2023.

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