ERC tapping consultants for WESM, retail market frameworks

Published November 1, 2017, 10:00 PM By Myrna M. Velasco

https://business.mb.com.ph/2017/11/01/erc-tapping-consultants-for-wesm-retail-market-frameworks/

The Energy Regulatory Commission (ERC) will be engaging three consultants for various oversight and regulatory works that it has been undertaking for the deregulated electricity sector.

The Commission has sent out at least three invitation-notices for consultants on its development of a monitoring and reporting system for the Competitive Retail Electricity Market (CREM); for setting up a compliance framework for the industry’s power generation sector; and for the creation of a market analysis framework for the surveillance and monitoring of the Wholesale Electricity Spot Market.

For the CREM, the consulting services being tapped was allotted a budget of P10.202 million, with the ERC stipulating that “bids received in excess of the ABC (approved budget cost) shall be automatically rejected at the opening of the financial proposals.” Deadline of tenders’ submission will be November 8 this year at 3:00 p.m.

Consultant-bidders are expected to have at least 10 years of experience “in the development of monitoring and reporting system in retail electricity market in other companies/jurisdictions,” and such must also be backed up by excellent technical qualification and firm track record.

For the consultant on compliance framework for the generation sector, the budget had been set at P6.761 million and submission deadline is also on November 8 this year at 10:00 a.m.

Bidders for these consulting services are required to have at least “10-year work experience in any electricity industry and at least seven (7) years of experience in information system programming for the IT (information technology) consultant.”