Credit Management Services RFP - 10203603

The Department of Water Resources is seeking a contractor to provide counterparty assessment and monitoring services to enhance the State Water Project's ability to manage and mitigate financial risks related to its power-related contracts. The contractor will be required to assess financial statements, monitor and track the financial outlook and well-being of counterparties, and provide reports and findings to the client. The contract is expected to last for three years, and the contractor must have a minimum of five years of experience in power and energy contracting and financing. • The contractor must have experience in assessing financial statements and calculating credit limits and probabilities of default. • The contractor must have experience in monitoring and tracking the financial outlook and well-being of counterparties. • The contractor must have the capability to continuously and simultaneously monitor and financially assess a minimum of 200 entities. • The contractor must submit cost bids for all five cost tiers as seen in the Cost Proposal Worksheet. • The contractor must comply with the Disabled Veteran Business Enterprise (DVBE) program participation requirements.