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General Services Administration Awarded a Contract to DIRECT ENERGY BUSINESS LLC for $329,000,000.00
Signed on
4/10/2024, 12:00 AM
DIRECT ENERGY BUSINESS LLC Government Contract #47PA0724D0009
DIRECT ENERGY BUSINESS LLC was awarded a contract with the United States Government for $329,000,000.00. The contract was awarded by the agency office PBS RETAIL UTILITY PROCUREMENTS, which is a division with the Public Buildings Service within the General Services Administration.
Summary of Award
The recipient of the federal contract is Direct Energy Business LLC, a U.S.-owned business located in Houston, Texas. The contract, awarded by the General Services Administration's Public Buildings Service, is for providing electric supply at fixed prices in the ERCOT Balancing Authority. The contract is worth $329,000,000 and is set to run from April 9, 2024, to June 30, 2028. The contract was awarded through a full and open competition process, with 5 offers received. No transactions have been recorded yet.