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Awarded contract·Alaska Energy Authority·Alaska

Economist to Assist in the Review of the Alaska Renewable Energy Fund Applications

Won by Northern Economics, Inc.$110kAwarded 2/14/2022Single Award
Contract source

Awarded vendors

  • Northern Economics, Inc.

Description

This contract calls for an economist to provide detailed economic and financial analyses of applications submitted to the Alaska Renewable Energy Fund (Round 14). The contractor will evaluate the cost‑benefit, fuel‑price, and capital‑cost models for each grant application, participate in scoring and recommendation meetings, and produce annotated spreadsheets and summary reports. The work is performed remotely from the contractor’s location, with a requirement for occasional on‑site or virtual meetings in Anchorage, and the contract runs from mid‑February through the end of June 2022. • Scope includes economic assessments, peer reviews, and legislative support through June 2022. • Fixed‑hourly‑rate structure with a maximum contract value of $125,000; contractor must submit hourly rates for all personnel. • Single‑award contract to Northern Economics, Inc., with preference given to Alaska‑based firms.

Attached files

Key dates

Bids closed
1/31/2022
Intent to award
2/14/2022
Awarded
2/14/2022
Contract modified
1/27/2022
Starts
2/14/2022
Ends
6/30/2022
Duration
136 days

Last updated

Details

Award type
Single Award
Procurement
Full and Open Competition
Industry
Consulting Services
NAICS
541618
Solicitation №
RFP 22043

Contract value

$110,000

The RFP specifies an estimated maximum budget of $125,000 and notes that proposals above this amount will be non‑responsive. Since the award went to a single vendor and no other cost adjustments were mentioned, the likely contract value is near the ceiling but typically a bit lower to allow for contingencies. Based on typical staffing levels for an economic review (e.g., 2 senior economists at $150/hr, 3 junior analysts at $100/hr, total ~1,000 hours), the contract would be roughly $150,000 before the ceiling, but the “not to exceed” limit forces it to stay under $125,000. A reasonable estimate is therefore about $110,000.

AI estimate from the award documents

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