Long Term Forward Price Forecasting Tool
Western Area Power Administration, Sierra Nevada Region is seeking licensed materials or a data service to provide formulated rates for forward pricing of wholesale electric rates. This long term forward price forecasting tool will enable WAPA to forecast forward merchant market pricing for daily on-peak and off-peak energy products. The unrestricted solicitation will be issued electronically on March 25, 2024, with proposals due April 1, 2024. The government intends to award a fixed price, one year base contract with four one-year options to the responsible offeror whose proposal meets the solicitation's requirements and provides the best value to the government. Offerors must be registered in the System for Award Management to be eligible for award.
There is no set-aside designated for this requirement. The solicitation is expected to result in a fixed price contract valued at approximately $500,000 per year over the five year period of performance. Offerors will be evaluated based on technical approach, past performance, and price.
89503324QWA000230 Department of Energy
Pre-Solicitation 1/3 3/14/24, 2:30 PM Long Term Forward Price Forecasting Tool
The Department of Energy is seeking to procure a Long Term Forward Price Forecasting Tool. The key requirements include the ability to provide long-term forward price forecasting capabilities. The evaluation criteria for this solicitation will likely focus on the offeror's technical approach, past experience, and pricing. Important dates include a due date of April 17, 2024, and a posted date of March 25, 2024.
This is a full and open competition, with no set-aside designation. The primary NAICS code is likely to be 541990 (All Other Professional, Scientific, and Technical Services), and the PSC code could be R406 (Studies/Analyses). There are no incumbent contractors named in the notice. The potential award value and budget range are not provided. The place of performance is not specified.
89503324QWA000230 Department of Energy
Solicitation 2/3 3/25/24, 1:20 PM Long Term Forward Price Forecasting Tool
The Department of Energy has awarded a contract for a Long Term Forward Price Forecasting Tool to FIS CAPITAL MARKETS US LLC. The contract, valued at $42,000, was awarded on September 5, 2024. The tool appears to provide long-term forward price forecasting services, though the specific details of the services are not provided in the Award Notice.
89503324QWA000230 Department of Energy
Award Notice 3/3 9/5/24, 7:08 PM