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City of Lethbridge - Request for Proposal - Electricity Hedging Provider Pre-qualification

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AB-2026-06932International

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The City of Lethbridge is issuing a Request for Proposal to prequalify electricity market participants and counterparties capable of engaging in financial electricity hedging transactions. This solicitation, identified as AB-2026-06932, aims to establish a pool of qualified providers to help the City manage its electricity market risks. Interested parties must submit their responses by the deadline of November 12, 2026. The procurement process is being managed by Corporate Buyer Ibukun Awolala, and the resulting services will be performed in Lethbridge, Alberta.

General Info

City of Lethbridge seeks prequalified electricity market participants for financial hedging by November 12.

Place of Performance

Lethbridge, AB, CAN

Set-Aside

NONE

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Organization & Contact Information

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AgencyCity of Lethbridge
Contacts1 person available
OfficeN/A
Organization / AgencyCity of Lethbridge
Office AddressN/A
Contacts
Ibukun AwolalaCorporate Buyer

Full Description

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The City is seeking to prequalify electricity market participants or counterparties that can enter into financial electricity hedging transactions with the City.

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NAICS: 523160
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RFP:122-26 Fuel Hedging Services
Solicitation # BD-27-1206-MBTA-MBTA-134525
The Massachusetts Bay Transportation Authority (MBTA) is soliciting proposals for a qualified Fuel Hedge Advisor to provide professional fuel hedging, risk management, and consulting services. The primary objective is to manage the authority's budget exposure to fuel price fluctuations, specifically for a program that currently hedges approximately 50 percent of its annual fuel usage, estimated at 10.5 million gallons for Fiscal Year 2027. The selected advisor will be responsible for strategic analysis of existing policies, ongoing market monitoring, recommending hedge timing and structures, executing authorized transactions using instruments such as forwards, futures, and swaps, and providing monthly settlement verification and reporting. Eligible bidders must possess a minimum of ten years of demonstrated experience in fuel or energy commodity hedging. The selection process is based on best value, utilizing a multi-stage evaluation that includes pass/fail legal and financial stability screenings, followed by a technical evaluation of the bidder's experience, approach, and risk management capabilities. Only the top three highest-scoring technical proposals that maintain a minimum average score of 3 will proceed to the price evaluation. Proposals must be submitted electronically via COMMBUYS by November 19, 2026, and must include a technical response, a separate pricing response using Form D, and proof of minimum insurance coverage, including Commercial General Liability of at least 1 million dollars.
MBTA - Massachusetts Bay Transportation Authority

POSTED

3 days ago

DEADLINE

in about 1 month
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