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Upcoming Events


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Regulatory Milestones
Activity or Decision Point Timing
EDC proposal filed Friday, June 30, 2023
Discovery request deadline Monday, July 24, 2023
Discovery response deadline Tuesday, August 08, 2023
First FAQ is posted Thursday, August 10, 2023
Release of Preliminary Draft of RSCP Pricing Spreadsheet Thursday, August 17, 2023
Deadline for Initial Comments on all proposals Tuesday, September 05, 2023
Announce Alternate Guaranty Process Available Tuesday, September 12, 2023
Legislative-type Board Hearing Monday, September 18, 2023
Public Hearings TBA
Illustrative Part 1 and DRAFT Part 2 Application Forms are posted Thursday, October 05, 2023
Comment Process for Letters of Credit is posted Thursday, October 05, 2023
Deadline for Final Comments Friday, October 06, 2023
Information Webcast for Potential Bidders Friday, October 13, 2023
Deadline for Expression of Interest in Alternate Guaranty Process Tuesday, October 24, 2023
Deadline to propose modifications to the standard form of the Pre-Auction and Post-Auction Letters of Credit Tuesday, October 24, 2023
Auction Manager provides individual responses to parties proposing modifications to the Letters of Credit Wednesday, November 01, 2023
All modifications to the standard form of the Letters of Credit that are acceptable on an optional basis are posted Friday, November 03, 2023
Post final credit instruments Friday, November 03, 2023
Statewide minimum and maximum starting prices announced Friday, November 10, 2023
Load caps announced Friday, November 10, 2023
Tranche sizes announced Friday, November 10, 2023
FINAL Illustrative Part 2 Application Form is posted Thursday, November 16, 2023
Board decision on Auction proposal Friday, November 17, 2023
Information Webcast for Potential Bidders Monday, November 27, 2023
Online Application Portal made available to Bidders No later than Tuesday, November 28, 2023
Deadline for Foreign Applicants/Guarantors to submit draft documents Tuesday, November 28, 2023
EDC Compliance Filing Monday, December 04, 2023
Board Decision on Compliance Filing Thursday, December 07, 2023
Final Supplier Master Agreements and Rules are posted Thursday, December 07, 2023
Deadline to submit Part 1 Application due by NOON Tuesday, December 12, 2023
Part 1 Applications are reviewed December 12-15, 2023
Applicants are notified of Part 1 Application results Friday, December 15, 2023
Deadline to submit Part 2 Application due by NOON Wednesday, January 10, 2024
Deadline for Foreign Applicants/Guarantors to submit revised draft documents Wednesday, January 10, 2024
Part 2 Applications are reviewed January 10-18, 2024
Applicants are notified of Part 2 Application results Thursday, January 18, 2024
Auction Manager informs Registered Bidders of changes to decrement formulas or ranges of total excess supply (if necessary) Tuesday, January 23, 2024
Mark-to-Market Information Release Tuesday, January 23, 2024
Tranche Fee is announced Wednesday, January 24, 2024
Information Webcast for Registered Bidders Wednesday, January 24, 2024
Final rate spreadsheets are posted Thursday, January 25, 2024
Final seasonal factors announced Thursday, January 25, 2024
First Trial Auctions for Registered Bidders Thursday, January 25, 2024 (11 AM to 1 PM EPT)
EDCs provide Foreign Applicants/Guarantors with assessment of revised documents Friday, January 26, 2024
Second Trial Auctions for Registered Bidders Tuesday, January 30, 2024 (11 AM to 1 PM EPT)
Auction Manager informs Bidders registered in BGS-CIEP Auction of starting prices Tuesday, January 30, 2024
Auction Manager informs Bidders registered in BGS-RSCP Auction of starting prices Wednesday, January 31, 2024
BGS-CIEP Auction Starts Friday, February 02, 2024
BGS-RSCP Auction Starts Monday, February 05, 2024
Board decision on Auction results Within two business days of close of the BGS-RSCP Auction or BGS-CIEP Auction, whichever comes later
Winning suppliers execute BGS Supplier Master Agreements Within three business days of Board decision
Documents provided to bidders by Auction Manager containing confidential information must be destroyed Within five business days of Board decision
BGS-RSCP rates filed with Board No later than 30 days prior to becoming effective
Power Flows Saturday, June 01, 2024

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