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Generation Contracts Settlement Solution Tender in Canada - 146578646

The INDEPENDENT ELECTRICITY SYSTEM OPERATOR has issued a Tender notice for the procurement of a Generation Contracts Settlement Solution & Services in the Canada. This Tender notice was published on 05 Aug 2026 and is scheduled to close on 16 Sep 2026, with an estimated Tender value of Refer Document. Interested bidders can access detailed Tender information, eligibility criteria, and complete bidding documents by referencing TOT Ref No. 146578646, while the tender notice number is RFP-1445 and Registering on the platform.

Expired Tender

Procurement Summary

Country: Canada

Summary: Generation Contracts Settlement Solution & Services

Deadline: 16 Sep 2026

Posting Date: 05 Aug 2026

Other Information

Notice Type: Tender

TOT Ref.No.: 146578646

Document Ref. No.: RFP-1445

Competition: ICB

Financier: Self Financed

Purchaser Ownership: Public

Tender Value: Refer Document

CPV Classification

31121000 - Generating sets
65410000 - Operation of a power plant
31124000 - Steam-turbine generator and related apparatus
09310000 - Electricity
09300000 - Electricity, heating, solar and nuclear energy

Purchaser's Detail

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Tender Details

CURRENT STATEOntario-s electricity market operates under a unique structure. While the IESO administers a centralized wholesale electricity market, a substantial portion of electricity generation is procured through long-term and medium-term contracts that are settled separately from market operations. These contracts include, but are not limited to, the following: Medium- and Long-Term (MT, E-LT, and LT) Contracts Clean Energy Supply Agreements Bruce Power Contract (ARBPRIA) OPG Energy Supply Agreements (ESAs) Large Renewable Procurement (LRP) Agreements Feed-In Tariff (FIT) Contracts Non-Utility Generator (NUG) ContractsA full list of contract types and contract documents can be found here: https://www.ieso.ca/en/Sector-Participants/Resource-Acquisition-and-Contracts/ContractsThe IESO manages over 33, 000 electricity supply contracts, representing nearly 30GW of capacity with annual settlements of about $7 billion. Of these, approximately 175 contracts involving complex financial settlements worth $5 - 6 billion annually are directly settled by its Contract Settlements team. These contracts are generally transmission-connected facilities and certain distribution-connected facilities that usually participate in the IESO Administered Markets, where the financial settlement calculations are particularly complex.To process these calculations, the Contract Settlements team currently employs end-user computing tools (EUCTs). As the contract portfolio grows, the tools have demonstr...
Solicitation Type : RFP - Request for Proposal (Formal) Reference Number : 0000329129 Location : Canada, Ontario, Toronto Delivery Point : Toronto, ON Purchase Type : Duration: 5 years Option: Up to three additional five-year terms Description : CURRENT STATEOntario’s electricity market operates under a unique structure. While the IESO administers a centralized wholesale electricity market, a substantial portion of electricity generation is procured through long-term and medium-term contracts that are settled separately from market operations. These contracts include, but are not limited to, the following: Medium- and Long-Term (MT, E-LT, and LT) Contracts Clean Energy Supply Agreements Bruce Power Contract (ARBPRIA) OPG Energy Supply Agreements (ESAs) Large Renewable Procurement (LRP) Agreements Feed-In Tariff (FIT) Contracts Non-Utility Generator (NUG) ContractsA full list of contract types and contract documents can be found here: https://www.ieso.ca/en/Sector-Participants/Resource-Acquisition-and-Contracts/ContractsThe IESO manages over 33, 000 electricity supply contracts, representing nearly 30GW of capacity with annual settlements of about $7 billion. Of these, approximately 175 contracts involving complex financial settlements worth $5 - 6 billion annually are directly settled by its Contract Settlements team. These contracts are generally transmission-connected facilities and certain distribution-connected facilities that usually participate in ...

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