Expertise Procurement and Bid Evaluation

Turning resource needs into projects, through competitive solicitations and rigorous bid evaluation.

E3 helps utilities, states, and large buyers turn an identified resource need into signed contracts. We design competitive solicitations, write the evaluation protocols that govern how bids are scored, and run the modeling that compares projects on an apples-to-apples basis and tests how the winners perform together as a portfolio. Our support spans the full lifecycle, from RFP design and bidder communication through selection, contract negotiation, and regulatory approval. We work on both sides of the table, for the utilities and agencies running solicitations and for the developers and investors bidding into them.

On the design side, we set eligibility criteria and threshold requirements, define contract structures and pricing terms, and align solicitation schedules around interconnection queues, permitting, and long-lead equipment. To ensure fairness, we translate statutory and policy objectives into scoring criteria that can be applied consistently across diverse technologies. We draft the evaluation protocol, test it on a sample projects, and lock the methodology prior to bid receipt.

Evaluation begins with thorough completeness and eligibility screening, followed by scoring on price and on non-price factors including interconnection status, permitting progress, site control, developer experience, and creditworthiness. Top-ranked projects move into capacity expansion and production cost modeling (or other valuation frameworks such as wholesale market value if that is relevant to a buyer), where we forecast project-specific revenues, accredit capacity contributions, and test how combinations of bids perform together as a portfolio. We carry the results into contract negotiation and the regulatory proceeding that follows, including expert testimony in support of the selected portfolio. For developers and investors, we run the same analysis from the other direction, valuing a project the way the buyer will value it to inform bid pricing and structure.

How we support

Procurement and bid evaluation

Solicitation strategy and design

RFP structure, eligibility criteria, contract terms, and schedules built around real development timelines.

Evaluation protocols and scoring

Weighted price and non-price scoring frameworks, documented and locked before bids arrive.

Bid evaluation and portfolio selection

Price benchmarking, capacity accreditation, and portfolio modeling that selects a least-cost mix from actual bids.

Bid strategy for developers

Valuation, pricing, and risk allocation for projects competing in solicitations and lease auctions.

Contract and regulatory support

Contract term analysis, ratepayer impact assessment, and expert testimony supporting resource selections.

Who we work with

Across procurement and bid evaluation

Utilities

Turnkey RFP support from design through selection, independent bid evaluation, and staff training.

States and regulators

Procurement design, evaluation protocols, and independent review of submitted proposals.

Load-serving entities and large buyers

Bid evaluation and portfolio strategy for CCAs, public power, and corporate buyers.

Developers and investors

Bid valuation, pricing strategy, and diligence for competitive solicitations.

Selected clients & partners

E3