Procurement

Procurement

LEI applies relevant economic principles and its exhaustive knowledge of electricity markets to help governments and companies create effective, rational, and transparent procurement processes. LEI’s support for procurement processes includes proposing selection criteria, publicizing the procurement, communicating with stakeholders, monitoring the opening and examination of bids, creation of an analytic framework to evaluate bids, and development of supporting models to compare present values of various options proposed. These skills can be deployed both for procurement of power under contract and procurement of actual generation plants, as well as for processes involving commodities other than power.