Energy Trading and Risk Management System
Overview
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SUMMARY
KEY REQUIREMENTS
TIMELINE
RFP Issued: June 30th, 2026
Proposer’s notice of intent to submit proposal: July 20th, 2026
Deadline for Proposers to submit questions: August 6th, 2026
Attend mandatory in-person pre-proposal meeting: August 6th, 2026
Deadline for Letter of Objection: August 10th, 2026
City of Glendale’s responses to Proposer questions: August 13th, 2026
Proposal Submission Deadline: August 20th, 2026
Short-listed Proposers invited to demonstrate proposed solution: August 27th, 2026
Demonstration script, scenarios, and sample data sent to shortlisted Proposers: August 27th, 2026
Begin on-site Proposer Demonstrations: September 9th, 2026
Complete on-site Proposer Demonstrations: October 1st, 2026
Selection of Finalist Proposer: October 15th, 2026
QUESTION DEADLINE
CONTACTS
Primary procurement contact — name, title, email, and phone
Additional decision-makers and their departments
Issuing Agency
City Of Glendale
DESCRIPTION
The government authority in California invites proposals for the implementation of an energy trading and risk management system. The selected system must consolidate the capture of both physical and financial trades across multiple commodities, efficiently handling complex contracts. Features required include day-ahead and real-time physical power scheduling, the ability to manage tags, and real-time transaction capture while maintaining day-ahead data integrity.
The system should manage natural gas best available volume (BAV) classification and quantity adjustments without impacting original contract terms or necessitating a physical logistics module. Additional requirements include comprehensive pricing capture and storage, mark-to-market calculations for all deal types, counterparty and contract management, customizable trade confirmations, global and trader limit monitoring, and detailed position and profit-and-loss statements to support performance evaluation and improved trading decisions.
It must also support settlement and invoicing of all transactions, integration with Munis ERP for invoicing, and Aveva Pi for dashboard data aggregation. Automated published index price uploading, streamlined exchange of trade schedules for outsourced activities, and robust, role-based security and workflow controls are required to facilitate the end-to-end trade lifecycle.
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Frequently asked questions
- When is the submission deadline?
- Submissions are due August 20, 2026. Questions must be submitted by August 6, 2026.
- Who issued this RFP?
- It was issued by City Of Glendale. The work is located in Glendale, California, United States.
- Who is a good fit for this opportunity?
- Expertise in developing and implementing energy trading and risk management systems
- Experience with government sector clients and complex commodity contracts
- Proven integration capabilities with Munis ERP and Aveva Pi
- Demonstrated understanding of physical and financial energy markets
- Ability to support robust reporting, compliance, and security requirements
Analysis generated by Settle AI from the source RFP.
RFP Hunter shows what is open. Settle shows what is forming.
Settle pieces together buyer signals, budgets, contract activity, and the sources your team already monitors. See why an opportunity fits and what to do before the RFP posts.