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Awarded contract·Pinellas County·Florida

Power Brokering - Solid Waste (Revenue)

Won by Rainbow Energy Marketing Corporation$6.8MSingle Award
Contract source

Awarded vendors

  • Rainbow Energy Marketing Corporation

Description

This contract is for power brokering services related to solid waste management in Pinellas County, Florida. The contract involves the sale of non-firm electrical energy generated from a waste-to-energy facility. Rainbow Energy Marketing Corporation is responsible for marketing and selling this energy to wholesale customers. The contract outlines the terms and conditions for the sale and purchase of available energy, including pricing, payment terms, and the responsibilities of both parties. The initial term of the contract is five years, with the possibility of extension for up to three additional one-year terms. The contract also includes provisions for security, termination, and dispute resolution. Key aspects of the contract include the marketing and sale of available energy, the payment structure, and the roles and responsibilities of both Pinellas County and Rainbow Energy Marketing Corporation.

Attached files

Key dates

Starts
1/1/2025
Ends
6/25/2026
Duration
1 years

Last updated

Details

Award type
Single Award
Industry
Energy and Utilities
NAICS
221122
Solicitation №
24-1083-PB

Contract value

$6,750,000

The contract value can be estimated based on the provided information. The contract document mentions a budget amount of $6,750,000.00. Considering this and the duration of the contract, it appears the contract value is approximately $6.75 million. This estimation is based on the direct mention of the budget amount in the contract summary.

AI estimate from the award documents

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