| Regulatory Milestones and Tentative Auction Timeline |
| Activity or Decision Point |
Timing |
| EDC proposal filed |
Tuesday, July 1, 2008 |
| Discovery request deadline |
Friday, July 18, 2008 |
| Discovery response deadline |
Friday, August 1, 2008 |
| First FAQ is posted |
Tuesday, August 5, 2008 |
| Release of Preliminary Draft of FP Pricing Spreadsheet |
Wednesday, August 6, 2008 |
| Deadline for Initial Comments on all proposals |
Friday, August 22, 2008 |
| Posting of Alternate Guaranty Process |
Wednesday, September 17, 2008 |
| Legislative-type Board Hearing |
TBA |
| Public Hearings |
TBA |
| Deadline for Final Comments |
Friday, September 26, 2008 |
| Information Session for Potential Bidders, Philadelphia, PA |
Friday, October 3, 2008 |
| Information Session for Potential Bidders, Washington, DC |
Thursday, October 9, 2008 |
| Final Part 1 Application Form is posted |
Thursday, October 16, 2008 |
| Draft Part 2 Application Form is posted |
Thursday, October 16, 2008 |
| Deadline to submit alternate form of guaranty |
Tuesday, October 28, 2008 |
| Auction Manager informs parties proposing alternate form of guaranty of status of submission |
Tuesday, November 4, 2008 |
| Deadline to submit required modifications or revisions to the alternate form of guaranty or other required documents |
Thursday, November 6, 2008 |
| Statewide minimum and maximum starting prices announced |
Wednesday, November 12, 2008 |
| Load caps announced |
Wednesday, November 12, 2008 |
| Tranche sizes announced |
Wednesday, November 12, 2008 |
| Auction Manager informs parties proposing alternate forms of guaranty of the EDCs’ decision |
Thursday, November 13, 2008 |
| Final Part 2 Application Form is posted |
Thursday, November 13, 2008 |
| Expected Board decision on Auction proposal |
TBA |
| EDC Compliance Filing |
TBA |
| Expected Board decision on Compliance Filing |
TBA |
| Final Supplier Master Agreements and Auction Rules Posted |
TBA |
| Information Session for Potential Bidders, Philadelphia, PA |
Friday, December 5, 2008 |
| Deadline to submit Part 1 Application due by NOON |
Tuesday, December 16, 2008 |
| Part 1 Applications are reviewed |
December 16 - 19, 2008 |
| Applicants are notified of Part 1 Application Results |
Friday, December 19, 2008 |
| Deadline to submit Part 2 Application due by NOON |
Tuesday, January 6, 2009 |
| Part 2 Applications are reviewed |
January 6 - 13, 2009 |
| Applicants are notified of Part 2 Application results |
Tuesday, January 13, 2009 |
| Auction Manager informs Registered Bidders of changes to decrement formulas or ranges of total excess supply (if necessary) |
Friday, January 16, 2009 |
| Mark-to-Market Information Release |
Friday, January 16, 2009 |
| Tranche Fee is announced |
Tuesday, January 20, 2009 |
| Information session for Registered Bidders, Philadelphia, PA |
Tuesday, January 20, 2009 |
| Trial auctions for Registered Bidders |
Thursday, January 22, 2009 |
| Auction Manager informs Bidders registered in BGS-CIEP Auction of starting prices |
Tuesday, January 27, 2009 |
| Auction Manager informs Bidders registered in BGS-FP Auction of starting prices |
Wednesday, January 28, 2009 |
| BGS-CIEP Auction Starts |
Friday, January 30, 2009 |
| BGS-FP Auction Starts |
Monday, February 2, 2009 |
| Board decision on Auction results |
Within 2 business days of close of the BGS-FP Auction or BGS-CIEP Auction, whichever comes later |
| Winning suppliers execute BGS Supplier Master Agreements |
Within 3 business days of Board decision |
| Documents provided to bidders by Auction Manager containing confidential information must be destroyed |
Within 5 business days of Board decision |
| BGS-FP rates filed with Board |
Within 60 business days of Board decision |
| Power Flows |
Monday, June 1, 2009 |
