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Virginia Administrative Code (Last Updated: January 10, 2017) |
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Title 20. Public Utilities and Telecommunications |
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Agency 5. State Corporation Commission |
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Chapter 301. Rules Governing the Use of Bidding Programs to Purchase Electricity from Otherpower Suppliers |
Section 80. Contract negotiations
Latest version.
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Any contract negotiations between the utility and a potential supplier of electricity should be in strict accordance with what is stated in the company's RFP. In fairness to all bidding participants, contract negotiations should not be extensive. Fundamental changes in the nature of the project or capacity and purchase payments must not be negotiated. Any contract signed must include provisions that assure a facility's performance and continued availability under the agreement.
Historical Notes
Derived from Case No. PUE900029, eff. November 28, 1990.