Your PUD Auction Checklist

THE DATES LISTED ON THIS PAGE OCCURED IN THE PAST.

DATES WILL BE UPDATED WHEN THE NEXT SLICE AUCTION INFORMATION IS ANNOUNCED.


In order to participate in the Slice Auction you must:

Become Prequalified to participate: 

  • Submit a Prequalification Application package due by January 18, 2012 warranting your:
    • Legal ability to enter into the Slice Contract
    • Ability to provide documentation authorizing Slice Contract execution on behalf of Applicant
    • Commitment to provide accurate credit info
    • Commitment to sign Slice Contract if deemed auction winner
    • Commitment to provide a Letter of Credit to cover the Independent Amount, if required, and any future posting requirements
  • Prequalification Applications should be emailed to Sue.Wiersma@chelanpud.org.
  • You will be contacted on or before February 3, 2012 regarding your prequalification status.

Submit a valid bid:

  • Submit your Bid using the Bid Form.
  • Submit a corporate resolution duly adopted by your organization or other satisfactory evidence of corporate and signature authority authorizing the signor of the Slice Contract to execute the CONTRACT FOR SALE OF OUTPUT FROM THE CHELAN POWER SYSTEM (Slice Contract). The District will accept this documentation in advance of bid day.
  • Bids must be received by 2 p.m. P.P.T on February 14, 2012.
  • Bids should be e-mailed to SliceAuction@chelanpud.org. (Please do not round your bid amounts)

You will be contacted on February 14, 2012 by 4 p.m. P.P.T. after the conclusion of the auction to notify you whether you were the auction winner or not. If you are the auction winner, you must have the following documentation available for legal execution on or before February 16, 2012:

  • Signed copies of all necessary legal documents or be prepared to sign all necessary legal documents as posted on this website.
  • A Letter of Credit to satisfy the Independent Amount if required under the Cover Sheet Elections for the executed Collateral Annex.

Post contract execution, the auction winner will need to:

  • Join Mid-C Hourly Coordination prior to January 1, 2013.
  • Receive training by Chelan PUD on Mid-C Hourly Coordination requirements prior to January 1, 2013.
  • Receive training on any slice related items by Chelan PUD prior to January 1, 2013.
  • Provide a Letter of Credit to satisfy posting requirements if a demand is made under the Collateral Annex.