CAK Electricity & Natural Gas Brokerage Service

Active AKRONCANTONAIRPORT-683E602E RFQuUtilities & EnergyAkron-Canton Airport
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At a glance

Akron-Canton Airport (Ohio) posted this RFQu on Oct 30, 2026. Responses are due Nov 16, 2026. Category: Utilities & Energy. Questions are due 2026-11-11. Solicitation number AKRONCANTONAIRPORT-683E602E.

Solicitation details

General information

Solicitation number
AKRONCANTONAIRPORT-683E602E
Notice type
RFQu
Place of performance
Ohio
Questions due
2026-11-11

Agency and category

Agency
Akron-Canton Airport
Category
018Utilities & Energy
Source listing
Link after sign-up

About this listing

ProposalWorkspace summary

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Summary

AI-read from the bid documents

Summary fields on this page were extracted by AI from the bid documents. Always verify dates, amounts and requirements against the official solicitation.

What the bid is for

The Akron – Canton Regional Airport Authority is seeking requests of qualifications from licensed and experienced electricity & natural gas brokers. The selected broker will assist in developing risk management strategies, analyzing market trends, and procuring electricity and natural gas suppliers to optimize energy costs. The Airport's natural gas contract expires in February 2027. The Airport's electricity contract expires in December 2029. A summary of historical usage has been included as EXHIBIT 1 to this Request for Qualifications.

Scope

The qualified broker will be expected to perform the following duties:

  • **Market Analysis:** Provide routine market intelligence, price forecasting, and regulatory updates.
  • **Procurement Management:** Prepare Requests for Proposals (RFPs), solicit bids from certified suppliers, and analyze contract terms. Ensure suppliers selected provide best possible rebates as applicable from but not limited to federal and state governments, and the Public Utilities Commission of Ohio (PUCO).
  • **Risk Management:** Develop customized hedging strategies and fixed/index pricing models.
  • **Account Auditing:** Review utility bills and supplier invoices to ensure billing accuracy.

Additional information

Minimum Requirements

Respondents must meet the following baseline criteria to be considered:

  • Active brokerage license/registration with the Public Utility Commission of Ohio (PUCO).
  • Minimum of 5 years of continuous operation in commercial natural gas brokerage.
  • Minimum of 5 years of continuous operation in commercial electricity brokerage.
  • Maintaining a minimum of **$1,000,000** in Professional Liability/Errors and Omissions insurance.

Submission Requirements

Interested parties must submit a proposal containing the following sections: Firm Profile & Experience; Qualifications of Key Personnel; Methodology & Approach; Fee Structure; References.

Evaluation Criteria

Submissions will be evaluated based on the following weighted scale:

  • **30%** – Firm experience and stability
  • **30%** – Technical approach and risk management strategies
  • **20%** – Qualifications of assigned personnel
  • **20%** – Fee transparency and competitiveness

Timeline

Target Selection Date: 11/20/2026

Documents

1 file

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  • CAK Electricity & Natural Gas Brokerage Service.pdf
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