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Awarded contract·Wayne-Finger Lakes BOCES·New York

Electricity Bid (WFL 2025-12)

Won by Energy Cooperative of America, Inc.$20MAwarded 11/4/2024Single Award
Contract source

Awarded vendors

  • Energy Cooperative of America, Inc.

Description

This contract establishes a cooperative electricity purchase arrangement for the 2025 calendar year among Wayne‑Finger Lakes BOCES and a group of public‑sector participants (school districts, municipalities, etc.). The awardee, Energy Cooperative of America, Inc., will supply electricity directly from generators to each participant’s local distribution company (LDC) meter, using a dual‑billing model and an Index‑plus‑Adder pricing methodology (NYISO Day‑Ahead Market price plus a fixed $/kWh adder). The vendor must meet NYSEG, RG&E, and National Grid qualifications, provide required insurance and compliance certifications (Iran divestment, sexual‑harassment policy), and submit monthly invoicing summaries to a third‑party auditor. Payments are Net 30, and participants may add or remove sites throughout the contract term. The contract term runs from 1 Jan 2025 to 31 Dec 2025 with a possible one‑year extension. • Scope: Wholesale electricity supply for multiple public‑sector entities, with transportation to each LDC meter and dual‑billing invoicing. • Pricing: NYISO Day‑Ahead Market index plus fixed adders (listed per service class for RG E, NY SEG, and National Grid). • Compliance: Requires insurance, Iran‑Divestment certification, sexual‑harassment policy, and adherence to NY state statutes. • Administration: BOCES coordinates the solicitation; each participant executes its own purchase order with the vendor; vendor must provide monthly audit reports and semi‑annual savings reports.

Attached files

Key dates

Bids closed
9/20/2024
Intent to award
11/4/2024
Awarded
11/4/2024
Starts
1/1/2025
Ends
12/31/2025Renews
Duration
1 year

Last updated

Details

Award type
Single Award
Procurement
Full and Open Competition
Industry
Energy and Utilities
NAICS
221310
Solicitation №
WFL 2025-12

Contract value

$20,000,000

The documents do not disclose a total contract dollar amount. Estimating based on typical consumption of the participating entities (school districts, municipalities, BOCES, etc.) suggests a combined annual electricity usage of roughly 200,000–250,000 MWh. Assuming an average NYISO Day‑Ahead Market price of $0.07 per kWh and an average adder of $0.02 per kWh, the effective price would be about $0.09 per kWh. Multiplying $0.09/kWh by 200,000,000 kWh yields approximately $18 million; using the higher usage estimate of 250,000 MWh brings the total to around $22.5 million. Therefore a reasonable ballpark for the contract value is roughly $20 million. Factors influencing this estimate include actual participant load profiles, seasonal price fluctuations, and any volume‑based discounts that may be incorporated in the adder calculations.

AI estimate from the award documents

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