reliable and affordable energy to our customers. Our seasoned team of professionals manages a full spectrum of sophisticated investment solutions, ranging from securities to family businesses. Columbia Trust Company has been serving. In the event of a supply disruption that affects the available capacity offered into the DAE auction, the fleet coordinator (Real Time Operations) shall determine if recallable energy transactions must be curtailed for reliability. There will usually be additional terms and conditions that will apply to this sale due to the sensitive nature of the asset. If you experience any issues with this process, please contact us for further assistance. In some cases, the entity controlling these assets may not have an incentive to have them labeled as idle. When we have company assets we need to sell - such as old office equipment, industrial equipment or other surplus materials - Consumers Energy turns to our Investment Recovery Center, located in Jackson, Michigan. For all other shareholder inquiries, please contact Southern Company Shareholder Services. This means that the new timing window will first be used for the February 23 Hour-Ahead Auction that runs from 10:35 10:50 AM (Central). | Contact Us, $250 minimum initial investment with a one-time enrollment fee of $15 for new investors, Ability to invest additional amounts - $25 minimum, Investment through direct debit of bank accounts. Southern Company continues to prioritize the delivery of clean, safe, How to look up licensees and those debt collectors allowed to do var xmlhttp0POST = '{"ProfileIDsCSV" : "' + profileidcsv + '","ListingIDsCSV" : "' + listingidcsv + '","ReferralType" : "' + referraltype + '","FileName" : "' + filename + '","AFT" : "' + AFT + '"}'; We've got everything from antiques and oddities to oil and heavy equipment!!! The proposal was conditionally accepted by FERC on December 18, 2008. Participants may submit offers to sell or bids to purchase into this auction. The energy coordinator or hourly scheduler will notify all counterparties with tags that must be curtailed. Our values set us apart, and they make us who we are. In accordance with provision in the tariff, certain of the day to day aspects of the administration of the energy auction are permitted to be performed by an Independent Auction Administrator (IAA). Collection Bureau of Fort Walton Beach, Inc. Collection Bureau of the Hudson Valley, Inc. Comcast California Collection Services, LLC, Commercial Industries Service Company Inc, Concentrix Daksh Services India Private Limited, Concentrix Daksh Services Philippines Corporation, Construction Credit and Finance Group, LLC. By providing your email address below, you are providing consent to The Southern Company to send you the requested Investor Email Alert updates. Attn: Southern Company Energy Auction Administrator**. This Compliance Filing was accepted by FERC on March 25, 2009. At The Southern Company, we promise to treat your data with respect and will not share your information with any third party. The proposal was conditionally accepted by FERC on December 18, 2008. Southern Company commits to promote an actively anti-racist culture and to ensure that all groups are well-represented, included and fairly treated within all levels of the organization. Especially if idle assets are located in another geographic area and are under control of another person, group, or operating entity. In order for an asset to be reused internally, another part of the company needs to have a need for an asset of that type. Columbia Trust Company operates out of five offices located in Washington, Oregon and Idaho, making us a great choice for geographically distributed families. Phase II of the energy auction was subsequently implemented on January 4, 2010. User fees and transaction fees per Annex C of the Participant Agreement will be invoiced by and payable to the IAA on a monthly basis so long as the balance owed is at least $100.00 or such amount has been owed for longer than 6 months. Contact Us 478-218-2189 info@southerninvestmentsllc.com Navigate About Land For Sale Equipment For Sale Contact After the identification process has been completed for a piece of equipment, it may become obvious that the equipment can not be reused or resold. var secureWebRoot = "https://web.invrecovery.org"; Please take a moment to complete the questions below. Our values set us apart, and they make us who we are. The IAM will continue to provide annual reports to FERC regarding the Energy Auction. Southern Company reports fourth-quarter and full-year 2021 results On Oct. 17, 2008, Southern Company filed with the Federal Energy Regulatory Commission (FERC) amendments to its Market-Based Rate Tariff to incorporate a must-offer, bid-based energy auction. Recall that the current criteria for spread posting require at least three unique bidders and at least three unique offerors in a particular auction (with a participant able to be both a bidder and offeror). Auctions are also appropriate when the value of an item is not known to the seller. FERNS, ADAMS & ASSOCIATES, A PROFESSIONAL CORPORATION, American Bureau of Credit Control; Creditors Specialty Services; FIDELITY CREDITOR SERVICE; Fidelity Creditor Service, Inc.; Fidelity Information Corporation; Gess and Associates; Metropolitan Adjustment Bureau, Goldsmith & Hull, A Professional Corporation, GreenSky Loan Services; GreenSky Patient Solutions; Home Depot Loan Services; The Home Depot Loan Services, Med-Plan Services, LTD; The Bridge System; The Hauge Group, Healthcare Collections LTD, Limited Liability Company, INCLINE CONSULTANTS ASSOCIATION MANAGEMENT, LLC, BAKERSFIELD CREDIT CONTROL SERVICE; BCCS; BUSINESS CREDIT CONTROL SERVICE; MDAB; MEDICO-DENTAL ADJUSTMENT BUREAU, LAW OFFICES OF KENNETH J. Outsourced sale services do entail significant costs. Third parties that specialize in selling items often have a list of qualified buyers and are better prepared to conduct the sale. Southern Company is committed to transparent disclosure of our sustainability initiatives. The best method is the method that provides the highest value / benefit for the organization, has the lowest divestment costs, and still complies with the organization's divestment policies. Please click herefor more information. We recognize the value our investors and stakeholders place on transparency. Into GTC Auctions: In response to requests from participants, an auction system for the HourAhead Non-firm product and the Day-Ahead Firm Liquidated Damages (Firm LD) product deliverable into the Georgia Transmission Company (i.e., Into GTC) is now under development. If you are interested in purchasing surplus equipment or materials, or would simply like additional information, please contact us at the number below. Offer blocks also may be rejected for any of the following reasons: the bid blocks available violate credit if matched with the offer block; and an offer block submitted as full clearing cannot be resolved as part of an auction clearing. If such transactions must be curtailed for reliability, the fleet coordinator shall instruct the energy coordinator (Hourly Trading) how many MWs to curtail and when to curtail them (e.g., 400 MWs beginning HE 12). Building the future of energy is a big mission, and were honored to take it on. While Atlanta is our home, we bring energy to homes and businesses across the country. The energy coordinator shall determine how many of the eligible MWs should be curtailed and what time the curtailment should begin. Fourth, idle equipment represents capital that is tied up and is not earning a return on investment. Registration Step 1 Contact Information Please select the registrant type that best fits you. By providing your email address below, you are providing consent to The Southern Company to send you the requested Investor Email Alert updates. Southern Company - Shareowner Services - Southern Investment Plan United States. As we work to understand the best ways forward, we will continue bold and honest discussions within our company. Bid/Offer Spread: The criteria applicable to the posting of Energy Auction bid/offer spreads are being revised. It must also be practical for the asset to be transferred and deployed at the new location. We are developing and deploying resilient, sustainable and economical energy solutions you can depend on no matter the storm. It also builds goodwill for the organization when the donations go to a worthy cause that is recognized by the surrounding community. Were always looking ahead, and our innovations in the industryfrom new nuclear to deployment of electric transportation and renewables help brighten the lives and businesses of millions of customers nationwide. With over 50 years of experience we understand the importance of high touch, personalized, flexible service. These auctions will be run for each business day, Monday through Friday, excluding NERC holidays. We believe in the importance of protecting critical infrastructure and Americas way of life. After submitting your request, you will receive an activation email to the requested email address. February 16, 2023. All winning bidders will pay the same market clearing price, expressed as an implied heat rate to be applied to the Henry Hub midpoint price published by Platts Megawatt Daily. Welcome to the surplus sales site of The Dow Chemical Company! At Southern Company, our total rewards play an important part in who we are as a company and how we attract, engage and retain the best talent. The primary difference between these day-ahead products is the right of Southern Company to curtail recallable energy in the event of a supply-side disruption. Tools, Attachments, Parts, and Accessories. At The Southern Company, we promise to treat your data with respect and will not share your information with any third party. Surplus Auctions. Southern Company is honored to be a preferred energy partner for the U.S. Department of Defense (DOD) and federal agencies across the country. Recallable energy transaction shall not be booked out with a firm-LD transaction unless otherwise agreed to by the buyer and seller. Southern Wholesale Energy markets the retail operating companies' surplus generating capacity to the wholesale market. Promoting Professional Management of Surplus Assets. On October 19, 2009 Southern Company submitted a Compliance Filing to FERC that contained tariff revisions necessary to incorporate third party sellers per that acceptance order. Our Companies | Southern Company You can unsubscribe to any of the investor alerts you are subscribed to by visiting the unsubscribe section below. Likewise, Seller Participants must set up credit limits for all companies - these credit limits must be kept reasonably up to date because the webMarket system decrements credit for matched transactions - the default credit limit is zero. Employees routinely work under conditions that require exceptional safety measures and awareness. Northwest families and non-profits since 1966. As per the Auction Rules, the buyer is responsible for ensuring that the NERC tag contains the EnergyID number as assigned by the auction software. To opt-in for investor email alerts, please enter your email address in the field below and select at least one alert option. This is an effective time saving device for the investment recovery professional. Investment Recovery Southern Company jobs - Indeed Were committed to supporting and improving our communities and environment. For detailed information regarding the rules and regulatory framework of the Southern Company Energy Auction, please seeAuction Rules and Compliance. The only option for the piece of equipment is to sell it for scrap value. This may include model number, serial number, manufacturer, or other information. How Investment Recovery is practiced in any given enterprise [Staff Report, 1975] depends on the accounting systems and on the company's philosophies regard ing engineering and product management. These views should not be construed as a recommendation for any specific security. Nestle Purina Investment Recovery Group - LabX Organizations of all types and sizes practice some form of investment recovery. Across Southern Company, we are looking to improve relations between all members of the communities where we live and work. Seller retains the right to reject without consequence to itself any tag that does not contain the proper scheduling source. Southern's adjusted EPS payout ratio of 78.2% during 2020 is a slight improvement over the adjusted EPS payout ratio of 79.1% during 2019. It provides a tax savings for the donated equipment. In some circumstances, an asset can not be reused or sold to another party. AAA CREDIT SERVICE COLLECTION AGENCY, INC. Accounts Receivable Automated Solutions Inc. Advance America, Cash Advance Centers of California, LLC, Advance America; Advance America, Cash Advance; Advance America, Cash Advance Centers, Associated Management Company Incorporated, Atlantic Credit & Finance Special Finance Unit III, LLC, Atlantic Credit & Finance Special Finance Unit, LLC, Bureaus Investment Group Portfolio No. This can involve using a certified disposal company. Independent Administration of the Energy Auction. Energy can connect people, business and future generations to possibility and opportunity. Alabama Power Company. Investment Recovery Southern Company $40,000 Jobs, Employment | Indeed.com Date Posted Remote $40,000+ Job Type Location Company Posted By Experience Level Education Upload your resume - Let employers find you Investment Recovery Southern Company $40,000 jobs Sort by: relevance - date 26 jobs OB/GYN - Rincon Hospital Tucson Medical Center 3.6 More Surplus Auctions ** NOTICE TO ALL BOEING EMPLOYEES ** FOR REDEPLOYABLE ASSETS - PLEASE VISIT THE ENTERPRISE REDEPLOYMENT SITE Enterprise Equipment Redeployment (search 'EER' on Boeing network) ASSETS UP FOR AUCTION ARE NOT REDEPLOYABLE Information about Phase I of the Energy Auction. This can be helpful when an asset is large, complex, unwieldy, or requires special expertise to prepare to sell like a plant or oil rig. Joint Venture II, A Limited Partnership, Debt Recovery Attorneys, A Professional Corporation. Our Company Values. Fax: 1-714-895-0322. We're recognized as a leader in our space for the strides we make in advancing sustainable energy. For recallable energy and hourly transactions in which the seller is not Southern Company and the buyer does not properly take delivery of the purchased energy, buyer and seller will mutually agree to appropriate compensation. It is helpful to have the information from these processes located in one place. Participants wishing to participate as sellers must set up Counterparty Authorizations. Recallable energy transactions that are not fully delivered because they were recalled will be prorated based upon the actual MW delivered (i.e., neither party will be held responsible for the undelivered MW). Assets can fit into the disposal category if they are hazardous materials and need special environmental treatment. If a counterparty does not choose to buy through the curtailment, the tag shall be curtailed. Finally, for some property and equipment, the services of a demolition company may be required. A NERC tag that is rejected by Southern Company because it did not contain the assigned EnergyID (see Business Practice #9 below); and. Southern Company 4.0. Auction participants are responsible for obtaining and managing these OATI digital certificates to the auction software. Depending on their status as either approved or pending there are two ways to look them up. Safety is a core value throughout the Southern Company system. Seller has the right, but not the obligation, to curtail recallable energy transactions for a qualifying supply disruption. In this case, the investment recovery professional does not want to make the items available to the public so may arrange to sell the item to a broker or offer the item to a small, select group of buyers. A bid contains any number of requested bid blocks. 2030 Dow Center. Instead the outsourcer will sell all the items and perform any needed demolition work or other services for a fixed price or for time and materials. Southern Company continues to prioritize the delivery of clean, safe, The proposal was conditionally accepted by FERC on Dec. 18, 2008, and Southern Company filed their Compliance Filing accepting all conditions on Jan. 21, 2009. Southern Company is excited to announce new changes to the Energy Auction and your interaction with it. Use constitutes acceptance of General Website There will be an hour-ahead energy auction each hour of the day, 24 hours a day, seven days a week, including NERC holidays. Epiq Investment Recovery Software Overview. As we work to understand the best ways forward, we will continue bold and honest discussions within our company. Click the following link forContact Information. Southern Company At Southern Company, our total rewards play an important part in who we are as a company and how we attract, engage and retain the best talent. If the recallable energy transactions do not need to be curtailed for reliability, the energy coordinator shall determine if the transactions should be curtailed for non-reliability reasons. Investment recovery programs can be centralized or decentralized. The Independent Auction Administrator will serve as the first point of contact for Energy Auction questions and needs. Under the new criteria, a spread value will post when an auction has at least one unique buyer and one unique seller. Note that items may not have information filled in for every field and, as a result, may not be found in queries that look for values in such fields. This EnergyID shall be located in the contract field of the physical path generator line. Southern Company: Registration form These Web Services are approved by the Auction Provider for programmatic access to the Auction System, and user manuals related to Web Services will be available in the auction system. Home - Invrecovery The proposal includes simultaneous day-ahead energy auctions for firm-LD energy and recallable energy, along with an hour-ahead energy auction for non-firm energy. Southern Company: A Decent Buy At $60/Share - SeekingAlpha This is because asset sales and scrapped equipment are usually booked as revenue to the organization. Each login ID requires the use of an OATI digital certificate. IRC Surplus is a surplus company that buys and sells everything! End User First Name Last Name Company Position/Title Address City Country United States of America State Select a state Postal Code Daytime Phone Cell Phone Fax Email Ship To Address Same as Billing Address Company Name First Name Last Name Address City Sign up for an account. However, larger organizations that have more equipment, operating locations, employees, or assets often have the greatest opportunities to reap benefits by implementing investment recovery best practices. The asset is listed for a specific price and if the buyer likes the price, the buyer will purchase it. Terms and Conditions We combine this high-touch approach with sophisticatedinvestment management solutions, helping non-profit endowments fulfill their promises long into the future. Investment Recovery | Consumers Energy Copyright 2023 JJ Kane and/or its affiliates., All Rights Reserved. Bid blocks will be rejected where the bid price is lower than seller offer prices. For a marketer who does not own the supplying generation asset, the upstream should be a unit contingent or firmer product. Please take a moment to complete the questions below. On Oct. 17, 2008, Southern Company filed with the Federal Energy Regulatory Commission (FERC) amendments to its Market-Based Rate Tariff to incorporate a must-offer, energy auction. / The Phase IIParticipant Agreementmust be executed by all Participants, and the OATI Non Disclosure Agreement (Annex B of Participant Agreement) must be executed by those who did not execute during Phase I. Were always looking ahead, and our innovations in the industryfrom new nuclear to deployment of electric transportation and renewables help brighten the lives and businesses of millions of customers nationwide. Energy Auction | Southern Company Southern Company has expanded our product offerings to provide energy that is clean, safe, reliable and affordable across the entire portfolio of energy sources. Magana, Gross, Wilkerson and Associates L.L.C. If the equipment is made of a valuable metal and does not contain hazardous materials, it would likely have significant value based on the value of the metals. Southern Investments The Southern Investment Plan provides a convenient way to purchase shares of Southern Company common stock. You must click the activation link in order to complete your subscription. Terms and Conditions As changed, this information will now be posted on a four-month delay beginning with the next monthly posting. Safety is a core value throughout the Southern Company system. In that event, the loss of the upstream supply will give the seller the right to recall. Transactions equaling this amount of energy shall be curtailed for the remainder of the schedule in accordance with the curtailment priority established by the webMarket software. The outcome of each auction includes an auction clearing price, expressed in $/MWH, and a list of indicative "transactions" (i.e., sellers and buyers matched at the auction clearing price). INVESTMENT RECOVERY CORPORATION. There are many ways to sell an asset that range from a fixed price sale, private sale, negotiated sale, auction, sealed bid, consignment, or outsourced sale. General Background Information Business Practices Announcement Sign in to get started bidding on one of our online/timed auctions using Proxibid. Equipment is added daily! If the upstream product is nonfarm, loss of supply would be considered a failure to deliver. reliable and affordable energy to our customers. Second, unused equipment depreciates in value and results in an actual expense on the books. Phone: 1-714-895-0463 and/or 1-714-895-0643. Southern Companys electric operating company Georgia Power is currently building the first new nuclear units in the United States in the last three decades. The bid period for these two auctions will open at 12:00 p.m., two days prior to delivery and will close at 6:45 a.m., one day prior to the delivery day. }, Investment Recovery Association Mailing AddressPO Box 419264Kansas City, MO 64141-9264, Investment Recovery Association Physical Location10100 N Ambassador Dr,St 310Kansas City, MO 64153. Southern Company operations have responsibility for more than 27,000 miles of transmission lines . All items are to be picked up on the day of purchase and no items can be . While you need an experienced professional investment advisor who can effectively manage your endowments resources, you also want to know that those assets are being managed in alignment with your organizations values. | Contact Us. Accolades. Historical Bid/Offer Posting: Currently, historical bids and offers by Auction participants are posted on a six-month delay. Sitemap | Southern Company We will work hard to understand you, your family and the life youve built so that your vision for the future can be realized. This is how Columbia Trust Company thinks about trust servicesan opportunity to honor your unique legacy, whatever that might be. The Nestl Purina Investment Recovery Group (IRG) manages the sale and re-deployment of Nestl Purina surplus equipment. The cost and number of webMarket administrator and user login IDs allowed for each auction participant is determined by the Participation Agreement. Phone: 404-506-0965. Within the Auction System, "Web Services" are available to facilitate automated uploading and downloading of various data. Good Energy doesnt wait for the future it shapes the future with new ideas, new technologies and an unfaltering commitment to make things better all while building value for our customers and investors. Seller Participants have the option to set up resource plans so that scheduling sources are automatically provided when a transaction match is created. This is because making a donation can be a more time consuming process since it can take a while to find an entity qualified and willing to receive a donation. reliable and affordable energy to our customers. Nevertheless, an effective donation can provide great benefits to the donating organization. Through our PGA TOUR partnership, over $40 million has been donated in our communities to fund education, wellness programs & neighborhood revitalization. At Southern Company, our total rewards play an important part in who we are as a company and how we attract, engage and retain the best talent. Southern Company operations have responsibility for more than 27,000 miles of transmission lines, 3,700 substations, and 300,000 acres of right of way. Third, there are very real storage costs for holding and storing equipment and materials. Auction Categories. Project continues pathway of U.S. Department of Energy Advanced Reactor Concepts (ARC-15) program to promote design, construction and operation of Generation-IV nuclear reactors. xmlhttp0.send(xmlhttp0POST); | Privacy Statement Synchrony Global Services Philippines, Inc. Synchrony International Services Private Limited. An investment recovery program is a group of projects with a plan of action aimed at accomplishing the following business objectives: appraisals, closures, demolition, sales, transfers, and waste stream management.
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