This bid is for fuel hedging advisory services supporting operations at 10 Park Plaza, Room 2810, Boston, MA 02116.
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What the job is
Program size: Approximately 21 million gallons of annual fuel usage, with approximately 10.5 million gallons hedged.
Services: Review hedge strategy; provide ongoing market monitoring, pricing, risk analysis, and recommendations; execute or facilitate authorized transactions; and coordinate confirmations and transaction documentation.
Reporting: Track hedge positions, valuations, gains/losses, and exposure; verify monthly settlements; and provide timely market and transaction support.
Experience: At least 10 years in fuel or energy commodity hedging.
Term: Three years, with two optional one-year renewals.
Pricing: Quote in USD, itemizing service fees, transaction-fee basis, minimum charges, assumptions, and any additional fees.
XL Eagle