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What is the process for the payment of a rejected De-list bid?

April 26, 2017bid de-list payment process

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What is the process for the payment of a rejected De-list bid?

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A De-list bid can be rejected for reliability. If it is rejected for reliability reasons, it will be paid a “just and reasonable” rate as determined by the FERC. If a De-list bid is rejected for economic reasons during Market Monitor review, it will not be allowed to de-list in the FCA at the submitted price.