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March 01, 2010: REMINDER: Guaranty Process Deadline is March 5, 2010

All potential bidders can use the standard form of guaranty for the Full Requirements SMA and the Block Energy SMA.

Potential bidders may also submit an alternate guaranty form for consideration by PECO, or submit modifications to the form of guaranty that are non-material or advantageous to both PECO and the prospective supplier. PECO has specified a list of minimum requirements that any alternate guaranty form must satisfy. These requirements are listed in the Spring 2010 Guaranty Process document.

Please note that modifications that were acceptable in previous solicitations will remain acceptable. A comprehensive list of these has been posted to the Supplier Info/Documents page of the web site.

Alternate guaranty forms must be sent by certified mail, registered mail, hand delivery, or overnight delivery service. Proposed modifications to the form of guaranty must be submitted electronically, in Microsoft Word with tracked changes, and may be saved to a CD and sent to the Independent Evaluator, or emailed to the Independent Evaluator at IE@pecoprocurement.com.

The deadline for submission of materials is noon EST on Friday, March 5, 2010. All materials must be sent to:

NERA - Independent Evaluator
PECO Default Service Program RFPs 
1835 Market Street, Suite 1205
Philadelphia, PA 19103

or 

IE@pecoprocurement.com

The standard Full Requirements and Block Energy Guaranty Forms and the Spring 2010 Guaranty Process Document have been posted to the PECO web site on the Supplier Info/Documents page. If you have not yet registered on the PECO website, please do so to receive such mailings in the future.

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