Provide electric service to 480 pearl ST., ENT AKA 500 pearl ST, NY

Ended Awarded Last action

Contract number
47PC0624F0019
Awardee
Awarding agency
Obligated
$1,275,276

Award facts

Contract value 63% obligated
  • $1,275,276.00 Current, with exercised options
  • $2,019,187.00 Potential, with all options
Completion date 100% complete
Current and potential, with all options
NAICS code
221122 Electric Power Distribution
PSC
S112 Utilities- Electric
Set-aside
No set-aside
Competition
Full and Open Competition Two Step
Pricing
Firm Fixed Price
Place of performance
New York, NY 10007, USA
Legislative mandates

Award details come from SAM.gov/FPDS.

About this award

This delivery order, awarded May 1, 2024, provides electric service to 480 Pearl Street (also known as 500 Pearl Street) in New York, NY, with a firm fixed-price ceiling value of approximately $2.0M and ultimate completion date of November 30, 2025. The prime contractor is Constellation Newenergy, Inc., a subsidiary of Exelon Corporation operating through its Public Sector Division under the business name New Energy, a leading competitive retail supplier of electricity to federal agencies across multiple states. This delivery order was awarded without set-aside designation through a civilian federal agency under Region 2, reflecting the contractor's competitive standing in the open federal marketplace.

Constellation Newenergy holds multiple indefinite delivery vehicle contracts that serve as master agreements for issuing delivery orders, including several with the General Services Administration and Defense Logistics Agency Energy. The company has demonstrated extensive experience delivering electricity supply services across numerous federal facilities and agencies, including the Department of Veterans Affairs, Department of Justice, Social Security Administration, and various other civilian federal agencies. Many of the company's federal contracts support renewable and carbon pollution-free electricity procurement objectives, aligning with government sustainability initiatives. The delivery order for Pearl Street falls under this contractor's established capability to manage firm fixed-price electricity supply contracts across multiple regional transmission organizations, including the New York Independent System Operator covering the New York service area.

Quick answers

Who was awarded contract 47PC0624F0019?

47PC0624F0019 was awarded to Constellation Newenergy, Inc. by Region 2 (Public Buildings Service) on May 1, 2024.

How much is contract 47PC0624F0019 worth?

The government has obligated $1,275,276 on 47PC0624F0019. Its potential value, with all options, is $2,019,187.

Is contract 47PC0624F0019 an order under another contract?

Yes. 47PC0624F0019 is a delivery order under 47PA0723D0030, an indefinite delivery contract.

Was contract 47PC0624F0019 competed?

The extent of competition for 47PC0624F0019 was full and open competition.

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