Auction Notice

(1) Notice of each auction shall be published no later than 45 calendar days prior to such auction on the CO Allowance Auction Website, and may be transmitted electronically to parties requesting such notification provided they have submitted an e-mail address to the DOER Contact Person. (2) Each notice shall include, but not be limited to, the following information: (a) Date, time and location of the auction, including the internet address or electronic address for auction location, as applicable; (b) Auction format; (c) Categories of bidders who will be eligible to bid; (d) Quantity and allocation years of Massachusetts CO Allowances to be auctioned; (e) Reserve Price; (f) Quantity and trigger price of Cost Containment Reserve; (g) Quantity and trigger price of Emissions Containment Reserve; (h) Required bid format; (i) Instructions for submitting the qualification application; (j) Instructions for submitting acceptable financial surety; (k) Procedures for the conduct of the auction; (l) Participation limitations; (m) Other pertinent rules or procedures of the auction as may be required to ensure a transparent, fair and competitive auction; and (n) Identification of a DOER Contact Person for further information.