Award
Pinellas County Opengov #126757
Power Brokering - Solid Waste (Revenue)
Recipient
Rainbow Energy Marketing Corporation
Award Amount
$6,750,000.00
Ceiling
$6,750,000.00
Awarded
January 01, 2025
Identifier
126757
The government buyer, Pinellas County, Florida, awarded Rainbow Energy Marketing Corporation a contract for power brokering services related to solid waste revenue. The contract, based on a piggyback agreement from Lee County, Florida, involves services for purchase, sale, and marketing of non-firm power generated from a renewable energy facility combusting municipal solid waste. The contract is effective from January 1, 2025, to June 25, 2026, with an awarded amount of $6,750,000. The agreement includes detailed insurance, confidentiality, audit rights, and compliance provisions, with specific contacts at Pinellas County and Rainbow Energy Marketing Corporation. The location of performance includes the renewable energy facility at 3095 114th Avenue North, St. Petersburg, FL, and administrative offices in Clearwater, FL. Likely competitors for similar awards include companies involved in power brokering and renewable energy services.
Description
This procurement involves power brokering services related to solid waste revenue for Pinellas County, Florida. The contract is awarded to Rainbow Energy Marketing Corporation to provide these services from January 1, 2025 to June 25, 2026, with an awarded amount of $6,750,000. The agreement is based on a piggyback purchase from a Lee County, Florida contract and includes detailed terms on insurance, confidentiality, audit rights, and compliance with Florida laws.