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  5. ›The University of Akron Electric Bid 2014

Awarded contract·University of Akron·Ohio

The University of Akron Electric Bid 2014

Won by Noble Americas Energy Solutions$1.2MSingle Award
Contract source

Awarded vendors

  • Noble Americas Energy Solutions

Description

The University of Akron is seeking to establish a term contract for the purchase of electric energy. The contract is for 24 months and the university is looking for a vendor to provide 100% of their electric energy requirements. The university prefers that the electrical energy requirements of select university-owned, leased, or operated facilities will be satisfied by the outcome of this RFP process. The scope of work includes the provision of electric energy, including on-peak and off-peak pricing, ancillary charges, line loss, and other related services. The contract will commence with the regularly scheduled meter read date that occurs immediately following the contract date. • The contract is for 24 months • The university is seeking a vendor to provide 100% of their electric energy requirements • The scope of work includes on-peak and off-peak pricing, ancillary charges, line loss, and other related services • The contract will commence with the regularly scheduled meter read date that occurs immediately following the contract date • The university prefers that the electrical energy requirements of select university-owned, leased, or operated facilities will be satisfied by the outcome of this RFP process

Attached files

Key dates

Duration
24 months

Last updated

Details

Award type
Single Award
Procurement
Full and Open Competition
Industry
Energy and Utilities
NAICS
221112
Solicitation №
2014-6-1878

Contract value

$1,200,000

The value of the contract cannot be determined with certainty, but it can be estimated based on the university's energy consumption. The university's annual energy consumption is not provided, but the contract is for 24 months, so the total value of the contract will depend on the pricing structure and the university's energy usage. Assuming an average monthly energy consumption of 1,000 MWh, and an average price of $50 per MWh, the total value of the contract would be approximately $1,200,000. However, this is a rough estimate and the actual value of the contract may be higher or lower.

AI estimate from the award documents

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