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Energy Velocity

ID: 89603026Q0017 • Type: Synopsis Solicitation • Match:  100%
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Description

It is the intent of the Federal Energy Regulatory Commission is to obtain the Hitachi EV and Velocity Suite. The Government intends to award as a Firm Fixed Price (FFP) contract type and best value will be determined using the Lowest Price Technically Acceptable. Evaluation of each quote received will be based on price, delivery and completeness. Questions are due March 23, 2026, by 1:00 pm and Quotes are due by March 25, 2026, by 1:00 pm. Eastern Standard Time (EST). Each offeror must have a current SAM registration.

Background
The Federal Energy Regulatory Commission (FERC) is seeking to renew its contract with Hitachi ABB Power Grids for the Energy Velocity Suite, which is essential for operations across multiple offices within the Commission, including the Office of Enforcement (OE), Office of Energy Resources (OER), and Office of Enforcement Policy and Implementation (OEPI).

The goal of this contract is to ensure continued access to critical natural gas and electric market information that supports ongoing business processes.

Work Details
The contract includes the renewal of the 'Hitachi' EV and Velocity Suite, which encompasses a range of products: EV Power, EV Market-Ops, EV Fuels, EV Energy Map, EV Weather, FTR Trader, Velocity Suite Online (VSO), EV Transmission, Power Transactions, EV Grid Map, and EV Database Integration.

The following items are specified in the solicitation:
- Item 00001: 1.00 EA - EV and Velocity Suite Renewal (Base Contract Period: 04/01/2026 - 03/31/2027)
- Item 10001: 1.00 EA - EV and Velocity Suite Renewal (Option 1: 04/01/2027 - 03/31/2028)
- Item 20001: 1.00 EA - EV and Velocity Suite Renewal (Option 2: 04/01/2028 - 03/31/2029)
- Item 30001: 1.00 EA - EV and Velocity Suite Renewal (Option 3: 04/01/2029 - 03/31/2030)
- Item 40001: 1.00 EA - EV and Velocity Suite Renewal (Option 4: 04/01/2030 - 03/31/2031). Each item includes access to both front-end and back-end functionalities necessary for effective market analysis.

Period of Performance
Base Contract Period begins on April 1, 2026, and ends on March 31, 2027. Options extend through March 31, 2031.

Place of Performance
The products will be delivered to the Federal Energy Regulatory Commission at their office located at 888 First Street NE, Washington D.C., ZIP code 20426.

Overview

Response Deadline
March 25, 2026, 1:00 p.m. EDT Past Due
Posted
March 17, 2026, 10:24 a.m. EDT
Set Aside
None
Place of Performance
Washington, DC 20426 United States
Source

Current SBA Size Standard
$47 Million
Pricing
Fixed Price
Evaluation Criteria
Lowest Price Technically Acceptable (LPTA)
Est. Level of Competition
Low
Signs of Shaping
The solicitation is open for 8 days, below average for the Federal Energy Regulatory Commission.
On 3/17/26 Federal Energy Regulatory Commission issued Synopsis Solicitation 89603026Q0017 for Energy Velocity due 3/25/26. The opportunity was issued full & open with NAICS 513210 and PSC 7A21.
Primary Contact
Name
Trey Hair   Profile
Phone
(202) 502-6014

Documents

Posted documents for Synopsis Solicitation 89603026Q0017

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Additional Details

Source Agency Hierarchy
ENERGY, DEPARTMENT OF > FEDERAL ENERGY REGULATORY COMMISSION > FEDERAL ENERGY REGULATORY COMM
FPDS Organization Code
8960-FERC1
Source Organization Code
100500391
Last Updated
April 10, 2026
Last Updated By
trey.hair@ferc.gov
Archive Date
April 9, 2026