CanadaBuys #RFP-1491

Third-Party Audit Services for IESO Electricity Pricing Algorithms

This opportunity involves the Independent Electricity System Operator (IESO) of Canada seeking a third-party audit of its calculation algorithms for electricity pricing and forecasting. - Government Buyer: - Independent Electricity System Operator (IESO), Canada - Services Requested: - Third-party audit services to independently review calculation algorithms used in IESO technology - Assessment of compliance for day-ahead, pre-despatch, and real-time calculation engines with Market Rules - Products/OEMs: - No specific OEMs, products, or part numbers are mentioned - Notable Requirements: - Audit must cover all relevant calculation engines and ensure compliance with Market Rules - Procurement is open for competitive bidding under the Canadian Free Trade Agreement (CFTA) - Bidding documents are available via the Merx platform (fees may apply) - Contract Duration: - 12 months - Place of Performance: - IESO office, Toronto, Ontario, Canada

Description

This Request for Proposal (RFP) seeks third-party audit services to conduct an independent review of calculation algorithms used in technology installed by the Independent Electricity System Operator (IESO) for electricity pricing and forecasting. The audit will assess compliance of day-ahead, pre-despatch, and real-time calculation engines with Market Rules. The contract duration is 12 months, and the procurement method is competitive open bidding under the Canadian Free Trade Agreement (CFTA). Bidders can find documents and submit bids via the Merx platform, noting that fees may apply.

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