Fuel Hedging

Valley Metro is soliciting sealed offers under RFP 2025-RFP-053 for professional fuel hedging services to manage price volatility for compressed natural gas, diesel fuel, and gasoline. The objective is to ensure financial sustainability through the development and implementation of a comprehensive hedging strategy, including the selection and management of instruments such as futures, options, and swaps. The contract is structured as a firm-fixed-price agreement with a base year and four optional one-year extensions, totaling a potential five-year term. Performance will take place in Arizona, and the agency will utilize a best-value trade-off process for the award, with experience and expertise weighted at 45 percent of the total score. Prospective contractors must be registered with the NFA and CFTC and provide a detailed work plan, resumes of key personnel, and evidence of success in similar public transportation projects. Key contractual obligations include strict adherence to organizational conflict of interest rules per 2 CFR 200.112 and rigorous data security standards, requiring that all protected information be stored and processed exclusively within the continental United States and destroyed according to NIST SP 800-88 Rev. 1 upon termination. Proposals must be submitted electronically via the OpenGov portal by April 3, 2025, at 3:00 PM Phoenix Local Time.