Southern Co. (NYSE: SO) went for bids, with a quick turnaround deadline of Nov. 14, to submit those bids, on 1.2 lbs/mmBtu of SO2 or less sub-bituminous coal to meet a portion of the short-term requirements at its Powder River Basin-fired power plants.
The company is considering the purchase of up to 400,000 tons for January through March 2014 deliveries. There would be a total of up to 25 trains for the period. The sellers are requested to submit pricing based on fixed price f.o.b. mine.
Internet Bids only will be received through 5:00 p.m. CST on Nov. 14.
The buyer is looking for suppliers to provide any flexibility/option tons in scheduled shipments. If suppliers so desires to provide any flexibility, the conditions of the flexibility can be outlined under the comment section of the bid. It is not the intent of the buyer to resell or remarket flexible/option quantities.
Offers from all Burlington Northern Santa Fe Railway (BNSF) origins will be considered.