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Virginia Administrative Code
Title 20. Public Utilities And Telecommunications
Agency 5. State Corporation Commission
Chapter 301. Rules Governing the Use of Bidding Programs to Purchase Electricity from Other Power Suppliers
11/21/2024

20VAC5-301-80. Contract negotiations.

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.

Statutory Authority

§§ 56-234.3, 56-234.4, 56-235.1 and 56-249 of the Code of Virginia.

Historical Notes

Derived from Case No. PUE900029, eff. November 28, 1990.

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