FAQs
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FAQ-214:
Who can participate in a Trial Auction? When is the Trial Auction scheduled for the November 2019 Auction?
Qualified Bidders that successfully complete the Part 2 Application become Registered Bidders and receive a Part 2 Notification. With the Part 2 Notification, Registered Bidders receive an invitation to participate in a Trial Auction as well as login credentials for the Trial Auction. For the November 2019 Auction, as indicated in the Auction Timeline, bidders can expect to receive the Part 2 Notification no later than October 29. The Trial Auction is scheduled for October 30, from 11 AM to 1:30 PM.
10/22/2019 in Other/General , Applications
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FAQ-213:
We are a previous SSO Supplier (our Master SSO Agreement has expired). We were previously relying on the financial standing of a guarantor. If we win at the upcoming Auction, are we able to use our existing guaranty or are we required to provide a new Guaranty?
Section 5 of the form of Guaranty provides:- 5.Termination. This Guaranty is intended to be and shall be construed to be a continuing, absolute and unconditional guaranty, and shall remain in full force and effect until all Obligations have been fully and finally performed, at which point it will expire.
As a result, if the SSO Supplier is currently not providing service under an earlier Master SSO Agreement, then the guaranty has expired by its own terms, and new documents would be required.
10/22/2019 in Supply Agreement
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FAQ-212:
Why are the daily zonal scaling factors not equal to 1.0?
The daily scaling factor is set by AEP Ohio to account for the differences between forecasted and purchased capacity versus actual capacity demand based on PLC. The values are generally close to one with deviations to reflect the differences.
02/26/2019 in Data
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FAQ-211:
Can you provide a redline that shows the changes in the Master SSO Supply Agreement between the version used for the March 2019 Auction and the one used for the November 2018 Auction?
The Master SSO Supply Agreement for the March 2019 Auction has not changed from the November 2018 Auction and thus a redline will not be provided.
02/15/2019 in Supply Agreement
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FAQ-210:
Can you provide PLC data for SSO customers for the delivery period June 1, 2019 - May 31, 2020?
AEP Ohio provides historical data for the convenience of bidders but does not provide forecasts.
02/13/2019 in Data
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FAQ-209:
Can you provide PLC and NSPL data for SSO customers through February 2019?
The Data Room contains the most up-to-date information available for the data series that are updated monthly. The files available on the Data Room page are typically updated monthly, on or before the 20th of each month.
02/13/2019 in Data
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FAQ-208:
Can we list the same individual that was named as the Applicant’s Representative as the representative of the Guarantor in the First Item of Section 1.6?
Yes. You can list the Representative for the Applicant as the Representative for the Guarantor in the First Item of Section 1.6.
01/17/2019 in Applications
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FAQ-207:
The Applicant is relying on the financial standing of a foreign guarantor, and the required financial information is reported in the entity’s local currency. For purposes of completing the Second Item of Section 1.6, should we provide the amount of Goodwill, Shareholder’s Equity, and Net Intangible Assets in US dollars or the entity’s local currency?
Please provide the amount of Goodwill, Shareholder’s Equity, and Net Intangible Assets in the same currency as they appear in the relevant financial filings submitted in the Second Item of Section 1.6.
01/17/2019 in Applications
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FAQ-206:
The Applicant is relying on the financial standing of a foreign guarantor, and the foreign guarantor files unaudited quarterly financial information with the SEC Form 6-K. Since the quarterly financial information is unaudited, is the applicant required to provide an attestation by the Entity’s Chief Financial Officer (“CFO”) under the Second Item of Section 1.6?
No. If the quarterly financials of the foreign guarantor are filed with the SEC on the Form 6-K, the applicant does not need to provide an attestation from the guarantor’s CFO.
01/17/2019 in Applications
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FAQ-205:
The Applicant is relying on the financial standing of a foreign guarantor, and the foreign guarantor files audited annual and unaudited quarterly financial information with the SEC Form 6-K. Should the financial documents be submitted in Section 1.6 or Section 1.7 of the Part 1 Form?
Please provide the audited annual financial information, and the most recent unaudited quarterly financial information in the Second Item (Financial information) of Section 1.6 of the Part 1 Form.
01/17/2019 in Applications
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