Government Contract | Florida
Energy Price Risk Management Services

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Bid Information


Bid Alert No: 00002653743

Bid Title: Energy Price Risk Management Services

Agency Bid No. Title: 2106-007

Received Date: 06/16/2021

Close Date: 07/02/2021

Purchase Type: Term:

Delivery Point: Fort Lauderdale, Florida

Delivery Date: Not Stated

Special Notices: Bidder Preregistration

Specifications

Specifications include, but are not limited to: The City of Fort Lauderdale is requesting quotes from eligible energy price risk management consultants, hereinafter referred to as Contractor, for fuel management products. The City desires to manage its fuel costs and the risks associated with volatile diesel and unleaded fuel prices. The Contractor will assist the City by managing a program utilizing fuel hedging products that can be used to limit the Citys exposure to price risk associated with the purchase of unleaded and diesel fuel (and other energy programs as may be needed). The City proposes to hedge up to 85% of its total annual fuel usage of 1,400,000 gallons. This equates to approximately 850,000 gallons of unleaded fuel and 340,000 gallons of diesel fuel

Bid Related Documents

Download Solicitation Notice

Amendments

Download Amendment

Product Codes: 40509, 40515

Agency Information


Issuing Agency: City of Fort Lauderdale

State: Florida

Agency Type: State and Local

Contact: 100 N. Andrews Avenue, Fort Lauderdale, Florida, 33301

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