This Solicitation opportunity from California was posted on August 1, 2024. The submission period has ended. Browse the details below for market research, or find similar active opportunities.
Low Carbon Fuel Standard (LCFS) Credits for Sale
Contract Overview
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The City of Anaheim's Public Utilities Department is seeking bids for up to 15,848 Low Carbon Fuel Standard (LCFS) credits from the 2023-2024 vintage, regulated by the California Air Resources Board. Bidders must adhere to the terms outlined in the attached LCFS Transaction Agreement, which stipulates that credits are to be transferred within 10 days of the agreement's effective date, with payment from the buyer required prior to the transfer and any broker fees being paid afterward. Interested parties are instructed to submit their bids using the provided spreadsheet by August 12, 2024, at 5:00 PM PDT, with bids remaining valid until August 19, 2024, unless extended. The City will evaluate bids based on the highest net value to the City, calculated by deducting broker fees from the proceeds received. Only bids from entities regulated under LCFS or licensed LCFS credit brokers will be considered responsive. The City retains the right to reject any or all bids, waive irregularities, and conduct investigations to evaluate proposals, with the option to consider bid exceptions but not obligated to accept them. All questions must be submitted in writing, with responses shared via addendum to ensure transparency. The contract size ranges from approximately 15.8 million to 23.8 million dollars, and the primary contact for inquiries is Kristen Weger.
General Info
Place of Performance
CA, USASet-Aside
Documents
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Timeline
Submission Closed
Organization & Contact Information
Full Description
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