Energy Trading and Risk Management System

A government authority located in California is seeking an energy trading and risk management system. The agency needs a single system to capture physical and financial trades for multiple commodities, including complex contracts. This system must perform Day-Ahead and Real-Time physical power scheduling, create and manage tags, and capture Real-Time transactions while maintaining Day-Ahead data. The scope of work requires capturing natural gas best available volume classification and quantity updates without affecting the original terms of the deal and without requiring a physical logistics module. The system must capture and store pricing information and curves, calculate mark-to-market for all deal types, and manage counterparty and contract details. Additionally, the agency requires the system to generate confirmations, set and monitor global and trader limits, and produce position and profit-and-loss statements at various levels of granularity. The requested solution must settle and invoice all transactions, integrate with the Munis ERP to pull in summary invoice information, and integrate with Aveva Pi to aggregate select data sets for dashboarding. The system must automatically upload published index pricing, support easy exchange of trade and schedule information for outsourced business activities, and provide role-based security with an integrated workflow. Eligible bidders must be onshore USA organizations only. The agency expects the performance of the work to be conducted offsite. The agency has not disclosed a specific budget and is looking for proposals to define the cost. Bidders must submit all questions no later than August 6, 2026.