Announcements
ARCHIVED AND NO LONGER RELEVANTMarch 26, 2015: POSTING: Sample Legal Opinion of Foreign Guarantor’s Counsel
Winning Suppliers relying on the financial standing of a foreign guarantor must submit along with the Master Standard Service Offer (“SSO”) Supply Agreement (i) a legal opinion regarding the enforceability of the guaranty in the foreign jurisdiction, and (ii) a sworn certificate attesting the authority of the signatory to the Guaranty. These requirements are detailed in section 5.4(c)(ii) and section 5.6(d)(ii) of the Master Standard Service Offer (“SSO”) Supply Agreement.
The Auction Manager has posted a sample legal opinion that is acceptable to AEP Ohio to the Information – Documents page of the CBP Website.
Bidders relying on the financial standing of a foreign guarantor are required to submit a draft legal opinion and draft sworn certificate with their Part 1 Application as detailed in the Second Item of Section 1.7 of the Part 1 Form.
Part 1 Applications are due next Thursday, April 2, 2015 by 12 PM (noon) EPT.