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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.$120kAwarded 10/2/2023Single Award
Contract source

Awarded vendors

  • Northern Economics, Inc.

Description

This contract calls for professional economic analysis of applications submitted to the Alaska Renewable Energy Fund (Round 16). The awardee will evaluate financial viability, produce annotated workbooks, and generate summary reports for each renewable‑energy project, while also supporting legislative‑phase inquiries. The work is performed on a fixed‑hourly‑rate basis, with an overall budget ceiling of $125,000 and a contract period from early October 2023 through the end of the 2024 legislative session. The solicitation emphasized prior experience (minimum three years as an economist, three energy‑project evaluations, and teamwork with engineers) and included Alaska‑bidder and veteran preferences. • Scope: Economic and financial analysis of renewable‑energy grant applications, peer review, and legislative support. • Budget: $125,000 ceiling; hourly‑rate pricing; Alaska‑bidder and veteran price reductions applicable. • Timeline: Award on 2 Oct 2023; work through 30 Jun 2024, with most activity expected Oct–Dec 2023.

Attached files

Key dates

Bids closed
8/25/2023
Intent to award
10/2/2023
Awarded
10/2/2023
Starts
10/2/2023
Ends
6/30/2024
Duration
8 months

Last updated

Details

Award type
Single Award
Procurement
Full and Open Competition
Industry
Consulting Services
NAICS
541618
Solicitation №
RFP 24012

Contract value

$120,000

The solicitation explicitly sets a total budget ceiling of $125,000 and requires fixed‑hourly‑rate pricing. The awarded contractor (Northern Economics, Inc.) would submit a proposal that stays at or below this ceiling. Given typical hourly rates for senior economists (≈ $150‑$200/hr) and an estimated workload of 600‑800 hours, the likely contract value would be in the $90,000‑$120,000 range. Therefore a reasonable estimate is approximately $120,000.

AI estimate from the award documents

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