SAP Ariba system maintenance

SAP Ariba will be unavailable for scheduled maintenance at the times listed below. We apologize for any inconvenience.

  • Saturday, September 28 from 8:00 pm until September 29 12:00am (EDT) 

LOW CARBON FUEL STANDARD CREDIT PRICE FORECAST

Solicitation number BC204722

Publication date

Closing date and time 2024/10/17 19:30 EDT


    Description
    The project will require that the Proponent develop a model to forecast the Low Carbon Fuel Standard (LCFS) credit price through to 2030 and beyond (to at least 2040). The model will employ an advanced statistical forecasting methodology such as regression analysis or machine learning, and have the ability to conduct scenario analysis so that key assumptions can be varied, tested, and compared. The model will be able to identify the key factors that most significantly affect the credit price.

    The successful Proponent will work with Low Carbon Fuels Branch (LCFB) staff to develop the model and provide oversight on key assumptions in the model design.

    Key evaluation metrics for the project include:
    • The data used to inform the model.
    • The forecasting method employed: the Proponent must clearly describe the forecasting methodology and justify its validity.
    • Explains how scenario analysis will be implemented in the model, including uncertainty analysis on key parameters.
    • Provides estimations on the accuracy of the approach.
    • Provides a variable significance ranking that explains which variables are most influential in determining the credit price forecast.
    • Demonstrates a comprehensive understanding of the B.C. fuel market, the LCFS, and the broader fuel industry.

    The model should be designed to be responsive to changes in underlying data to ensure that results are updated when independent variables are changed. Results should be presented using one or more formats: excel, online model, R script, PPT and/or others.

    Further details as to the scope of this opportunity and the requirements can be found within this RFP.

    Contract duration

    The estimated contract period will be 7 month(s).

    Trade agreements

    • Please refer to tender description or tender documents

    Partner with another business

    The functionality to add your company name to the list of interested businesses is temporarily unavailable.

    This list does not replace or affect the tendering procedures for this procurement process. Businesses are still required to respond to bid solicitations, and to compete based on the set criteria. For more information please read the Terms of use.

    Contact information

    Contracting organization

    Organization
    Low Carbon Fuels Branch
    Contracting authority
    Samuel Leroux
    Email
    Samuel.Leroux@gov.bc.ca
    Bidding details

    Full details for this tender opportunity are available on a third-party site

    Click on the button below to be directed to this website. Note that on the third-party site you may need an account to view and/or bid on this tender. Information on any fees or additional costs to access the full details is outlined in the Description tab of this tender opportunity.

    Eligibility and terms and conditions

    Government of Canada tender and awards notices, solicitation documents, and other attachments are fully accessible and available free of charge and without having to register on CanadaBuys.

    Information may be available on another source prior to being available on CanadaBuys. You may have received this information through a third-party distributor. The Government of Canada is not responsible for any tender notices and/or related documents and attachments not accessed directly from CanadaBuys.canada.ca.

    Government of Canada tender or award notices carry an OpenGovernment License - Canada that governs its use. Related solicitation documents and/or tender attachments are copyright protected. Please refer to our terms and conditions page for more information.

    Summary information

    Notice type
    Other
    Language(s)
    English
    Contract duration
    7 month(s)

    Support for small and medium businesses

    If you have questions about this tender opportunity, please contact the contracting officer, whose information is found in the Contact information tab. 

    Refer to our Support page if you need help or have questions about the government procurement process, including how to bid or how to register in SAP Ariba. You can also contact Procurement Assistance Canada, which has offices across Canada.

     

    Date modified: