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Does ComEd have a template for a Control Agreement which would govern the cash held as collateral for the supply period of the REC Master Agreement?

April 26, 2017Agreement cash collateral comed CONTROL govern held period supply Template

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Does ComEd have a template for a Control Agreement which would govern the cash held as collateral for the supply period of the REC Master Agreement?

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Cash is an acceptable form of performance assurance under the terms of the REC Master Agreement but ComEd will not hold cash during the supply period. Performance assurance in the form of cash will be held by a Qualified Institution. ComEd will pay to the seller the amount of interest it receives from the Qualified Institution on any performance assurance in the form of cash. Please see VI.B of Paragraph 10 as well as Paragraph 6 of the Collateral Annex to the REC Master Agreement. 5/14/2009, in Renewables RFP.