This Solicitation opportunity from New York was posted on October 10, 2024. The submission period has ended. Browse the details below for market research, or find similar active opportunities.

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Third Party Brokerage and Futures Commission Merchant Services

Closed

2114663State & Local

Submission Closed11/01/2024, 12:00:00 AM UTC

Contract Overview

Solicitation details, issuing organization, response deadlines, documents, and interested companies for this government contract opportunity.

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Consultant Contracts Services Unit #820 Department of Santa Clara Valley Water District

POSTED

7 months ago

DEADLINE

N/A

AI Contract Overview

The New York Power Authority (NYPA) is seeking proposals for a five-year contract to provide Third Party Brokerage and Futures Commission Merchant Services, with the goal of establishing a single contractual arrangement. Bidders are instructed to access bid documents and participate through NYPA's official Ariba platform, emphasizing the importance of following specified procedures to ensure eligibility. The contract is open to various business structures, including subcontracting, joint ventures, or co-production arrangements, and is located within Westchester County. Past experience with similar contracts is required, with previous awardees such as TFS Energy Futures LLC, Spectron Energy Inc., and Amerex Brokers LLC being noted. The procurement process emphasizes transparency regarding MWBE and veteran-owned business participation, with no set-aside or specific diversity participation goals established for this solicitation. The response deadline is November 1, 2024, at 4:00 PM. The contract size is estimated between five and fifteen million dollars, reflecting its substantial scope. Interested parties can contact the designated senior strategic buyer, John Wylie, via email or phone for further details. The project underscores NYPA’s commitment to reliable energy trading services within New York, with the opportunity to contribute to the state's energy market infrastructure through this comprehensive brokerage and futures services contract.

General Info

Agency

Power Authority of New York

NAICS

523210 - Securities and Commodity Exchanges

Place of Performance

NY, USA

Set-Aside

NONE

Documents

No documents available

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Timeline

PhaseClosed

PostedOct 10

Solicitation

Response DeadlineNov 1

Deadline has passed

Submission Closed

11/01/2024, 12:00:00 AM UTC

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Organization & Contact Information

AgencyPower Authority of New York

Contacts1 person available

OfficeN/A

Organization / AgencyPower Authority of New York

Office AddressN/A

Contacts

John WylieSr. Strategic Buyer

contact@example.gov

+1 (555) 000-0000

Full Description

THE NEW YORK POWER AUTHORITY (HEREAFTER, THE AUTHORITY OR NYPA) INVITES YOU TO SUBMIT A PROPOSAL. NYPA is soliciting proposals for the purpose of providing Third Party Brokerage and Futures Commission Merchant Services. NYPA seeks to establish one contract for a 5-year term. Bidders are hereby directed to make use of the New York Power Authority's website at www.nypa.gov in order to obtain instructions on participating in the bidding process through Ariba. Bidders obtaining bid documents from sources other than NYPA Ariba do so at their own risk. Commensurate experience is required for this project. Further details on qualifications/requirements can be found in the Bid Document. This contract may be fulfilled by a Subcontract, Joint Venture or Co-Production arrangement. Service-Disabled Veteran-Owned Set Aside: No Total MWBE Participation Goals: 0% Service-Disabled Veteran-Owned Business Contracting Goal: 0% Disadvantaged Owned Sub-Contracting Goal: 0% Due date:11/01/2024 4:00 PM Contract term: 5 Years County(ies): Westchester Business entities awarded an identical or substantially similar procurement contract within the past five years: TFS Energy Futures LLC Spectron Energy Inc. Amerex Brokers LLC - Power