BOSTON--(BUSINESS WIRE)--Aug. 18, 2015--
International, Inc. (NASDAQ: CRAI), a worldwide leader in providing economic,
financial, and management consulting services, today announced that
an auction process will be conducted for The Dayton Power and Light
Company to procure full requirements service for their SSO Customers for
the delivery period beginning January 2016.
The bidding process will use a descending-price clock auction format.
The auction will be managed by Auction Manager CRA International, Inc.
The auction is scheduled to take place September 28, 2015 and is being
conducted pursuant to The Dayton Power and Light Company’s Electric
Service Plan (ESP) as approved by the Public Utilities Commission of
Ohio. This is the third auction in the series of ESP auctions that began
in October 2013.
For the September 28, 2015 auction, Part 1 Applications from prospective
bidders are due no later than August 19, 2015. For successful Part 1
applicants, the submission window for the Part 2 Application process
will be August 27 through September 10, 2015.
The product offered in the September 28, 2015 auction has a 17-month
delivery period (January 2016 through May 2017). The Dayton Power and
Light Company is seeking to procure a total of 40 tranches of this
Additional information about the auction process can be found at the
Information Website at www.dpandlpowerauctions.com.
About CRA International, Inc. and its Auctions & Competitive Bidding
CRA is a global consulting firm specializing in litigation,
regulatory, financial, and management consulting. CRA advises
clients on economic and financial matters pertaining to litigation and
regulatory proceedings, and guides corporations through critical
business strategy and performance-related issues. Since 1965, clients
have engaged CRA for its unique combination of functional expertise and
industry knowledge, and for its objective solutions to complex problems.
Headquartered in Boston, CRA has offices throughout the world and is
celebrating its 50th year anniversary in 2015. Detailed
information about Charles River Associates, a registered trade name of
CRA International, Inc., is available at www.crai.com.
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CRA’s Auctions & Competitive Bidding Practice offers businesses,
governments, bidders, and other market participants extensive experience
in auction and market design, implementation, monitoring, and
participation. More information about CRA’s Auctions & Competitive
Bidding Practice is available at www.crai.com/service/auctions/.
About The Dayton Power and Light Company and AES
Power and Light Company is the principal subsidiary of DPL Inc. (DPL) a
regional energy provider and an AES Company. DPL’s other significant
subsidiaries include DPL Energy, LLC (DPLE), Miami Valley Insurance
Company (MVIC), and DPL Energy Resources, Inc. (DPLER), which also does
business as DP&L Energy. The Dayton Power and Light Company, a regulated
electric utility, provides service to over 515,000 customers in West
Central Ohio; DPLE engages in the operation of merchant peaking
generation facilities; MVIC, a captive insurance company, provides
insurance services to DPL and its subsidiaries, and DPLER is a
competitive retail electric supplier. DPL, through its subsidiaries,
owns and operates approximately 3,000 megawatts of generation capacity,
of which 2,000 megawatts are coal-fired units and 1,000 megawatts are
solar, natural gas and diesel peaking units. For more information about
the company, please visit www.dpandl.com.
Follow DP&L on Twitter @DPLToday.
The AES Corporation (NYSE: AES) is a Fortune 200
global power company. It provides affordable, sustainable energy to 18
countries through a diverse portfolio of distribution businesses as well
as thermal and renewable generation facilities. Its workforce of 18,500
people is committed to operational excellence and meeting the world’s
changing power needs. AES’ 2014 revenues were $17 billion and AES owns
and manages $39 billion in total assets. To learn more, please visit www.aes.com.
Follow AES on Twitter @TheAESCorp.
View source version on businesswire.com: http://www.businesswire.com/news/home/20150818005762/en/
Source: CRA International, Inc.
Charles River Associates
Andrea Goodman, 617-425-3333
of Communications and Investor Relations
Jamie Bernard, 617-542-5300