BOSTON--(BUSINESS WIRE)--Jan. 9, 2017--
International, Inc. (NASDAQ: CRAI), a worldwide leader in providing economic,
financial, and management consulting services, today announced that
a Request for Proposal (RFP) auction process will be conducted for
FirstEnergy Corp.’s (NYSE: FE) Ohio utilities to procure full
requirements service for their Percentage of Income Payment Plan (PIPP)
As ordered by the Public Utilities Commission of Ohio last year, the
FirstEnergy Ohio utilities – Ohio Edison, Cleveland Electric
Illuminating and Toledo Edison – are required to conduct a separate RFP
auction process that seeks to obtain competitive generation pricing for
low-income customers enrolled in the PIPP program.
The winning PIPP supplier will be obligated to serve all of the PIPP
load for the 12-month delivery period from June 2017 through May 2018.
The PIPP RFP auction process will be managed by PIPP RFP Manager CRA
The Information Session for prospective bidders is scheduled for
Wednesday, January 18, 2017. Instructions on how to join the Webcast
session are available on the PIPP RFP Auction Information Website at www.firstenergypipprfp.com.
PIPP Supplier Applications from prospective bidders will be accepted
starting January 18, 2017 and are due no later than January 27. Bids
from Registered Bidders will be submitted on February 6, 2017.
Additional information about the auction process can be found at the
Information Website at www.firstenergypipprfp.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. 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.auctions.crai.com.
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Source: CRA International, Inc.
Charles River Associates
Merrill Associates, Inc.
Jamie Bernard, 617-542-5300