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Frequently Asked Questions - This Week

Do you have a question? Click here.

Answers to Frequently Asked Questions are provided in this section.

The first posting of FAQs is in August. The last posting of FAQs is in the latter part of January, after bidders are registered to participate in the Auctions. From that point through the close of the Auctions, questions and answers are emailed directly to Registered Bidders and are not posted to the BGS Auction website. Questions that are not from Registered Bidders or their advisors are answered strictly as time permits.

Your use of this page (site) constitutes an acceptance of the Terms as described in the disclaimer.

 

 

FAQ-86. 

Where do you post the presentation slides and accompanying audio for the bidder information webcasts?

The presentation slides and accompanying audio for the first and second bidder information webcasts are posted to the Webcast Materials page of the BGS Auction website.

12/4/2025, in General.
FAQ-85. 

Will the EDCs review a draft Pre-Auction Letter of Credit prior to our bank issuing such document?

With the Part 2 Application, bidders must submit their executed Pre-Auction Letter(s) of Credit. The EDCs do not provide courtesy reviews of draft documents. Bidders must use the final version of the Pre-Auction Letter(s) of Credit or include only modifications that are acceptable to the EDCs on an optional basis as posted to the BGS Auction website. The list of modifications acceptable to the EDCs on an optional basis is available in the document entitled “Final Acceptable Modifications to Pre-Auction Letter of Credit” posted to the Application Process page of the BGS Auction website.

12/4/2025, in Pre-Auction Security.
FAQ-84. 

Which Part 1 Inserts are required for Bidders participating in both the BGS-RSCP Auction and the BGS-CIEP Auction? 

Bidders participating in both the BGS-RSCP Auction and the BGS-CIEP Auction should complete Inserts #P1-1 through #P1-5 and Inserts #P1-9 through #P1-11. 

12/2/2025, in Application.
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FAQ-83. 

When do the Trial Auctions start on January 29, 2026 and February 3, 2026? 

Qualified Bidders will be provided with schedules for the Trial Auctions with their Part 2 Notification on January 22, 2026.

12/2/2025, in General.
FAQ-82. 

Where are materials relevant to the submission of the Part 1 Application posted to the BGS Auction website?

The materials relevant for the submission of the Part 1 Application are posted to the Application Process page on the BGS Auction website.

12/2/2025, in Application.

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