Energy Velocity

The Federal Energy Regulatory Commission (FERC) is seeking to procure a renewal license for the Hitachi EV and Velocity Suite software, a comprehensive market intelligence platform that provides critical natural gas and electric market information across multiple FERC offices. The procurement will be conducted as a Firm Fixed Price contract awarded using Lowest Price Technically Acceptable evaluation criteria, with award decisions based on price, delivery, and completeness of proposals. Key contract requirements include current SAM registration for all offerors, compliance with comprehensive security and cybersecurity standards including FISMA and NIST requirements, background investigations for contractor personnel, and adherence to federal information protection protocols. The solicitation establishes a critical timeline with questions due by March 23, 2026, at 1:00 PM Eastern Time and proposals due by March 25, 2026, at 1:00 PM Eastern Time. All submissions must be made electronically to the contracting specialist, Trey Hair (trey.hair@ferc.gov, 202-502-6014).

This solicitation does not utilize any small business set-asides and represents a renewal of services currently provided by Hitachi ABB Power Grids. The contract establishes a base period of 12 months beginning April 1, 2026, through March 31, 2027, with four optional one-year extension periods extending through March 31, 2031, allowing for a potential five-year service relationship. The Hitachi EV and Velocity Suite encompasses multiple integrated products including EV Power, EV Market-Ops, EV Fuels, EV Energy Map, EV Weather, FTR Trader, and database integration services, with specific user account restrictions of 50 maximum users for EV Grid Map and 5 maximum users for backend database access. The place of performance is located at 888 First Street, NE, Washington, DC 20426, with all work conducted on a web-based platform via remote desktop sessions and phone support. No specific budget range was disclosed in the solicitation documents, and no government security clearance is required for contractor personnel.