Rfq For Outside Legal Counsel To Assist The Commission In Standing Up The Texas Electric Utility System Restoration Corporation (Hb1510)

  Address - United States

  Contact details - 565656565

  Tender notice no. - 76454545

  GT Ref Id - 18842659

  Document Type - Tender Notices

Description - Description: HB 1510(87th R.S.) directs the creation of the Texas ElectricUtility SystemRestoration Corporation (Corporation) as a special purposepublic, nonprofitcorporation to provide a lower-cost, supplemental financingmechanism subjectto regulati on by the Public Utility Commission of Texas (PUCT)and available toelectric utilities operating outside of the ERCOT power region.The purpose ofthe Corporation is to allow eligible electric utilities to obtaintimelyrecovery of system restoration costs through securitization and theissuance oftransition or system restoration bonds by an issuer other than theelectricutility or a special purpose entity affiliated with the electricutility. HB1510 is

Gt Ref Id - 18842659

Deadline - Aug 15, 2024