Renewable Energy Credits (RECs)

Arizona State University is seeking sealed bids to purchase 130,000 Green‑e Certified Renewable Energy Credits (RECs) that meet EPA Green Power Partnership requirements. The credits must be generated in the United States, cover the reporting period July 1 2024 – June 30 2025, and be retired on ASU’s behalf in a designated registry. Bidders must provide documentation of retirement, certify that the RECs are valid at delivery, and cannot substitute credit characteristics without prior written approval. The solicitation includes a sustainability questionnaire and requires compliance with ASU’s standard terms, conditions, and insurance requirements. • Quantity: 125,000 RECs (generated Jan 1 2024 – Sep 30 2025) + 5,000 RECs (generated Apr 1 2025 – Sep 30 2025) = 130,000 total. • Certification: Must be Green‑e certified and satisfy EPA GPP criteria; registry (e.g., WREGIS, M‑RETS, PJM‑GATS) must be identified. • Submission: Sealed‑bid window opens 4 Oct 2026 – 2 PM MST, closes 24 Oct 2026 – 2 PM MST; pricing must remain firm for 30 days. • Mandatory compliance: Bidder responsible for transfer, retirement, and documentation of RECs; no substitution without ASU approval.