Renewable Energy Credits - Reporting Year 2026

The State University of New York, specifically the University at Buffalo, has issued an Invitation for Bid (IFB # 26AXB0036) for the one-time purchase of Renewable Energy Credits (RECs) for the 2026 reporting year. The scope of work is limited to the acquisition of RECs that are free and clear of encumbrances and satisfy all eligibility requirements; it specifically excludes the purchase of energy, ancillary services, or electricity transmission to the New York Independent System Operator. Bidders are asked to base their pricing on an estimated quantity of 222,000 RECs, expressed in megawatt hours (MWh), though the University will only be responsible for payment of the credits actually retired on its behalf. The contract will be awarded to the responsive and responsible bidder who submits the lowest total price, in accordance with New York State Finance Law §163 and University procurement policy. Bidders must provide a firm, all-inclusive price per REC in U.S. dollars per megawatt hour ($/MWh), covering all registry and transaction fees. Responsibility determinations will be based on factors including financial stability, past performance, capacity to deliver, and Vendor Responsibility (VendRep) status. All bids and inquiries must be submitted through the ShopBlue (Jaggaer) eProcurement system, with a final closing deadline of December 11, 2026.