(1) Vendor needs to provide energy trading risk management web–based subscription service. – Maintain an Energy Trading Risk Management (ETRM) system to perform specific risk control duties regarding the agency’s physical and financial natural gas hedges and forward power transactions. – A web based ETRM System that provides comprehensive front, middle, and back–office functionalities such as multi–user deal capture and ability to create trade tickets including the ability to assign trades to books and portfolios, captures or provides independent market data, forward valuation, monitoring and reporting of financial and physical natural gas hedges and power forward transactions and the ability to provide a daily mark to market reports the ability to perform monthly settlements with invoicing capabilities and provide settlement report. – Provide a multi–user deal capture module to record all energy transactions and positions for all types of forward physical, swaps, and options. – Provide reports on real–time positions, Mark–To–Market (MTM), profit and loss, trade limit, trade audit, settlement, price volatility, value–at–risk, cash–flow–at risk, and potential future exposure on selected books and portfolio, or across the entire portfolio. – Provide tools that automatically calculate settlements for financial natural gas and generate related invoices by counterparties. – Provide administrative tools to manage user access, counterparty information, credit limits and commodity attributes. (2) All the questions must be submitted no later than February 19, 2026. (3) The contract period will be for three years.