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      State Natural Gas Auction Q&A Meeting in Providence


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      August 6, 2019

      Tuesday  10:00 AM

      One Capitol Hill , Second Floor, Conf. Room 2B
      Providence, Rhode Island

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      EVENT DETAILS
      State Natural Gas Auction Q&A Meeting

      The Rhode Island Office of Energy Resources (OER), in cooperation with the Rhode Island Department of Administration (DOA) and its Division of Purchases, is in the process of developing a competitive auction process for natural gas supply.  The State is interested in identifying other public sector entities that procure their natural gas supplies from competitive suppliers and coordinating with those entities to foster price benefits driven by increased economies of scale.  OER and DOA are now working with a qualified energy services consultant to develop a custom Request for Proposals (RFP) that will identify and pre-qualify natural gas suppliers to support an organized price event (auction) to be held in September.  The goal of this pricing event is to provide the State and participating public sector entities with competitive market-based pricing that will inform energy supply procurement decisions.  By leveraging the purchasing power of public sector entities and driving economies of scale, this procurement strategy may facilitate more favorable energy supply pricing from the market, thereby lowering costs and enhancing budget stability. Similar to other public sector entities and large commercial/industrial energy customers, the State of Rhode Island has experience utilizing competitive auctions to identify price-competitive energy supply contracts.  In 2015 and 2018, OER and DOA held a reverse auction for electricity supply that aggregated demand across the various branches of State government, including a quasi-state entity.  The State has also held auctions for natural gas supply in 2010, 2013 and 2016.  The State’s current natural gas contract is scheduled to expire in October 2019. If you are a state or local public sector entity interested in exploring this opportunity further, please join us for a meeting on August 6, 2019, at 10:00 AM in conference room 2B, 2nd floor of the Department of Administration, 1 Capitol Hill, Providence.  RSVPs are required in advance.  Should you wish to attend, please contact George Sfinarolakis (OER) at George.Sfinarolakis@energy.ri.gov with your name, title, contact information, and the name of the public sector entity that you represent. All public sector entities that wish to participate in this procurement opportunity will need to submit the following documents by August 6, 2019: A signed Memorandum of Understanding A table of the respective utility account numbers  Additional information will be provided during the August 6 meeting. If you have any questions or concerns prior to the August 6, 2019 meeting, please contact George Sfinarolakis (OER) using the contact information above.

      Categories: Politics & Activism

      Event details may change at any time, always check with the event organizer when planning to attend this event or purchase tickets.