The City of Roseville is seeking a vendor to provide Production Cost Modeling Software to manage their portfolio. The software should support critical activities such as budgeting, managing utility positions, hedge analysis, outage planning, project determination and optimization, portfolio optimization, and auditing third-party results. The contract is recommended to be awarded to cQuant.io, pending City Council approval. Key features of the software include:
• Production cost modeling
• Budgeting and financial management
• Utility position management
• Hedge analysis
• Outage planning
• Project determination and optimization
• Portfolio optimization
• Auditing third-party results
The City's Power Supply and Risk teams will use the software to make key decisions, both in the short-term and long-term, while mitigating risk.