Government Contract | California
INDEPENDENT AUDIT OF ENERGY PORTFOLIO RISK MANAGEMENT PROGRAM

Bid Information


Bid Alert No: 00000498668

Bid Title: INDEPENDENT AUDIT OF ENERGY PORTFOLIO RISK MANAGEMENT PROGRAM

Agency Bid No. Title: Not Stated

Received Date: 02/29/2016

Close Date: 03/03/2016

Purchase Type: Not Stated

Delivery Point: Pasadena, California

Delivery Date: Not Stated

Special Notices: Bidder Preregistration

Specifications

The services to be provided by the selected Consultant shall include, but are not limited to the following:A.Policy Objectives: Conduct an independent compliance audit of PWPs energy portfolio risk management Policy and program.I.Review PWPs risk appetite and tolerance relative to stated program goals and current market dynamics, and evaluate the effectiveness of the energy portfolio risk management program according to industry standards given present market conditions and other external factors. II.Evaluate and confirm the appropriateness of the risks addressed in the energy portfolio risk management program as well as the suitability of the methods of mitigation employed. Verify the programs effectiveness to mitigate market, price, volumetric and counterparty risks, as well as operational and regulatory risks. III.Verify that stated objectives are being met and that financial and internal risk controls are in place to ensure process compliance, and also identify any recent changes in industry best-practices that may warrant revisions to the energy portfolio risk management program.No additional specifications were given.

Bid Related Documents

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Product Code: 94620

Agency Information


Issuing Agency: City of Pasadena

State: California

Agency Type: State and Local

Contact: Tunji Adedeji Purchasing and Payables Division, 100 North Garfield, Room 328, Pasadena, California, 91109

Email: tadedeji@cityofpasadena.net

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