Electric Energy Contract-for-Difference Supplier Qualification

Edmonton Public School Board is seeking electric energy suppliers to prequalify for fixed-for-floating price hedges and related financial settlement services through future competitive quote processes.

Edmonton Public School Board


General
Open
AB-2024-07559
Dec 31, 2026 09:00 PM
Jul 30, 2024 11:00 PM
Request for Quote/Qualifications (RFQ)
Local
Ask AI about this solicitation
Contact
pcs@epsb.ca
Submission Instructions
Description

The Edmonton Public School Board is conducting a Request for Supplier Qualifications to establish a roster of qualified electric energy suppliers capable of providing financial settlement differences arising from fixed-for-floating price hedges. The Division manages approximately 254 educational, administrative, and service sites and anticipates hedging approximately 5.0 MW of base load and 7.0 MW of peak load, varying by season, through financial contracts-for-difference procured in tranches with different lead times. Qualified suppliers may be invited to future second-stage Requests for Quotes for discrete energy assignments. The arrangement does not guarantee any purchase volume or award. Mandatory submission requirements include a completed and signed Submission Form and an investment-grade credit rating from an accepted rating agency. Depending on the supplier's credit rating, the Division may require parent-company credit support and an irrevocable parental guarantee of $500,000 CAD for each year of contracted energy. The solicitation also includes a Master Swap Agreement framework and annual eligibility reassessment requirements.

Classification Codes
NAICS523160Commodity Contracts Intermediation
PSCX1NZLEASE/RENTAL OF OTHER UTILITIES
Smart Codes
electric energy hedgingfixed-for-floating price swapfinancial settlement services
Specifications
Service Only
Timeline
Jul 30, 2024 11:00 PM-Open Date
Dec 31, 2026 09:00 PM-Submission Deadline
Requirements
Informational
Comments
Correspondences
Custom Fields