ETRM Software
Title:  

ETRM Software

Agency:  

City of Denton

State:  

Texas

NAICS Code:  

511210

Industry:  

Information Technology and Software Development

Solicitation Type:  

Request for Proposal

Solicitation ID:  

9003 Addendum 1

Open Date:  

3/13/2026

Pre-Bid Meeting Date:  

3/26/2026

Questions Due Date:  

4/6/2026

Close Date:  

4/15/2026

Projected Award Date:  

8/4/2026

Project Duration:  

10 years

Last Updated:  

Description:
The City of Denton is seeking a commercial-grade Energy Trading Risk Management (ETRM) software solution to replace its current system. The new system should provide industry-leading processing speed, audit controls, and integration with existing systems. The solution must support energy deal record, processing, and valuation capabilities for physical and financial electric power transactions, natural gas transactions, and other related products. The system should also provide position management, risk analytics, and reporting capabilities. The city is looking for a solution that is intuitive, flexible, and scalable, with minimal burdensome complexity. • Key features required include: • Trade capture and valuation • Position management • Risk analytics • Reporting and data export • Integration with existing systems • User-level security and control • Cloud hosting environment The city expects the selected solution to provide robust features to manage transaction-related risks, including support for valuation of linear and option products, internal controls, and regulatory requirements.
Attached Files:

Please visit the bid source via the “Link to Bid Source” button below for documentation.

Contact Information:

Christa Christian(Purchasing Agent)

[email protected]

(940) 349-7100

Budget Estimate (AI):

$500,000 – $2,000,000

The estimated budget for this opportunity is between $500,000 and $2,000,000. This estimate is based on the complexity of the ETRM software solution required, the number of users, and the city's expectations for a commercial-grade system. The actual budget may vary depending on the vendor's proposal and the city's budget. Factors that may influence the likely payment range include the vendor's experience, the system's features and functionality, and the level of support and maintenance required.

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