Sec.16-244c-5. The department's order for bidding

(a) Prior to the commencement of a competitive bidding process for default or back up services, the department shall issue an Order for Bidding.

(b) The department's Order for Bidding shall be sent to the affected electric distribution companies and the auction agent selected by the department, published at least once in such newspaper as will serve to substantially inform the public of such Order, and placed on the department's internet web site for a period of not less than 30 days from the date of the Order. Such Order shall contain, at minimum, the following information:

(1) The name, address and telephone number of the auction agent to administer the competitive bidding proceeding;

(2) Information concerning whether the winning bidder is expected to provide default or back-up service or both;

(3) Information about the electric distribution companies to which the winning bidder would be expected to provide electric generation services;

(4) The dates on which the default and back-up services are scheduled to begin;

(5) The winner selection criteria; and

(6) The guidelines, specifications or formula for the bid price.

(Adopted effective November 2, 1999)