Compilation of Rules and Regulations of the State of Georgia › Department 515 - RULES OF GEORGIA PUBLIC SERVICE COMMISSION › Chapter 515-7 - GAS UTILITIES › Subject 515-7-13 - REGULATED PROVIDER GENERAL RULES AND SELECTION OF THE REGULATED PROVIDER › Rule 515-7-13-.05 - Pre-Qualification Process

Current through Rules and Regulations filed through June 27, 2024
(1) All Bidders shall be required to submit
				information to the Commission in order to establish the Bidder's financial and
				technical qualifications necessary to serve as the Regulated Provider.
				Specifically, the Bidder must have sufficient technical and financial
				qualifications to complete an effective and efficient transition into its role
				as the new Regulated Provider.
The determination for pre-qualification of a Bidder's
				  financial capability to serve as Regulated Provider will be based on the
				  following:
(a) The Bidder's ability to
				meet the increased credit requirements of the EDC's approved security deposit
				necessary to serve customers (e.g., parental/corporate guarantee, letter of
				credit, surety bond);
(b) The
				Bidder's ability to manage the Regulated Provider's Group 1 and Group 2
				customer load, including, but not limited to
1. Proficient knowledge and experience with
				the EDC's Gas Operating System and Electronic Bulletin Board systems;
2. Billing Services;
3. Customer Service; and
4. Interfacing with the Commission,
				Commission Staff, and other state agencies, as needed;
(c) The Bidder's ability to provide the
				additional resources needed to manage the Regulated Provider program without
				diminishing its ability to serve its existing customer base, if
				applicable;
(d) If applicable, the
				Bidder's past experience as Regulated Provider;
(e) The Bidder's compliance with the service
				quality standards as set forth in Commission Rule 515-7-8;
(f) The number of complaints that have
				resulted in enforcement action against the Bidder;
(g) The Bidder's ability to meet the required
				increased interstate pipeline security deposit necessary to serve
				customers;
(h) The Bidder's ability
				to manage bad debt and collections for the Regulated Provider's customer
				base;
(i) The Bidder's ability to
				provide the additional resources needed to manage the Regulated Provider
				program without diminishing its ability to serve its existing customer base, if
				applicable;
(j) The Bidder's
				ability to ensure against cross subsidization between Group 1, Group 2, and/or
				the Bidder's other customers; and
(k) The Bidder's ability to withstand
				reasonable financial losses and/or obligations in its Georgia operations by
				providing the following information:
1. The
				last three years of income statements, balance sheets, statement of cash flows,
				and all debt information. If available, this requirement can be satisfied by
				prior filings with the Commission;
2. In those instances in which a Bidder
				proposes to provide a corporation or parent company as the financial guarantor
				to be responsible for collateral requirements and/or obligations insuring
				against any losses incurred by the Regulated Provider, the most current six
				months of the corporation's or parent company's financial statements, as listed
				above (income statements, balance sheets, statement of cash flows, and all debt
				information), supported by the sworn certification of a Company
				officer;
3. Sufficient information
				to demonstrate that there is adequate funding to manage the cash flow/working
				capital requirements of the Regulated Provider during the winter months;
				and
4. A Parental or corporate
				guarantee must also be provided stating that the Parent or Corporation agrees
				to financially back the Bidder with a specific dollar amount.