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May 05, 2009: Alternate Guaranty Deadline is May 8, 2009

All potential bidders can use the standard form of guaranty included in the Supplier Master Agreements for Full Requirements and Block Energy.

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 Block Energy Alternate Guaranty Process document and the Full Requirements Alternate Guaranty Process document.

Alternate guaranty forms must be sent by certified mail, registered mail, hand delivery, or overnight delivery service. Modifications to the form of guaranty must be sent in electronic format, with all proposed modifications clearly indicated as such.

The deadline for submission of materials is noon EST on Friday, May 8, 2009. 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

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