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**UPDATED BIDDING QUALIFICATIONS AVAILABLE**

NYPA has Updates Concerning the Request for Proposals to Supply Energy for its Downstate Governmental Customers

Contact:
Connie M. Cullen
914-390-8196
connie.cullen@nypa.gov

August 10, 2009

FOR IMMEDIATE RELEASE

WHITE PLAINS—The New York Power Authority (NYPA) has posted updates on its Web site concerning bidding qualifications for its recent Request for Proposals (RFP) for economical energy supplies to serve NYPA’s governmental customers in New York City and Westchester County.  The URL address is http://www.nypa.gov/doingbusiness/powerpurchase/29July09/QandA.htm.

It is important that all bidders frequently visit this section of NYPA’s Web site to review any additional information that might be posted.

The RFP can be downloaded from the NYPA Web site at http://www.nypa.gov/doingbusiness/powerpurchase/powerpurchase.htm.

Bidders have until Aug. 21 to respond to the request, with proposals to be submitted to the Power Authority’s vice president of Power Resource Planning and Acquisition, Jordan Brandeis (Jordan.Brandeis@nypa.gov).

The Power Authority is seeking 300 to 500 megawatts (mw) from one or more suppliers, preferably for three to five years, for managing the electricity costs of the governmental customers.  The supply is to be available for delivery as early as Jan. 1, 2010.  Potential bidders may offer energy, as well as energy combined with associated capacity, from existing plants, and/or financial instruments.

Further information on the RFP is available in the July 29 news release on the NYPA Web site at http://www.nypa.gov/press/2009/090729a.htm.

 

About NYPA:

■    The New York Power Authority uses no tax money or state credit.  It finances its operations through the sale of bonds and revenues earned in large part through sales of electricity. 

■    NYPA is a leader in promoting energy efficiency, new energy technologies and electric transportation initiatives.  ■    It is the nation's largest state-owned electric utility, with 18 generating facilities in various parts of New York State and more than 1,400 circuit-miles of transmission lines.  ■    About 75 percent of the electricity it produces is clean renewable hydropower.  Its lower-cost power production and electricity purchases support hundreds of thousands of jobs throughout the state.  ■    For more information, www.nypa.gov

 

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