New York School Bus Incentive Program
Title:  

New York School Bus Incentive Program

Agency:  

New York State Energy Research and Development Authority

State:  

New York

NAICS Code:  

238210

Industry:  

Transportation and Public Transit

Solicitation Type:  

Grants Notice

Solicitation ID:  

PON 5552

Open Date:  

12/16/2024

Close Date:  

12/30/2030

Project Duration:  

5 years

Last Updated:  

Description:
The New York School Bus Incentive Program (NYSBIP) is a state‑funded voucher program that subsidizes the purchase of zero‑emission school buses (electric or hydrogen fuel‑cell) and the installation of associated charging infrastructure for K‑12 public school districts and their contracted third‑party operators throughout New York State. Funding of up to $500 million (currently $300 million available) is allocated on a first‑come‑first‑served basis, with per‑bus voucher amounts ranging from roughly $105 k to $156 k (plus priority‑district and scrappage bonuses) and charger vouchers up to $65 k per port for priority districts that submit a Fleet Electrification Plan. The program is administered by NYSERDA and requires approved dealers or OEMs to submit applications on behalf of districts, along with extensive documentation (fleet certification, participation agreements, scrappage attestation, etc.). Eligible projects must remain in service for at least five years, and all installation work must comply with prevailing‑wage and New York building codes. • Eligibility: NY public school districts (or third‑party operators under contract) as purchasers; pre‑approved bus dealers/OEMs as applicants. • Scope of work: Purchase and delivery of eligible electric/hydrogen school buses; design, permitting, and installation of Level 2 or DC fast chargers; submission of required certifications, fleet data, and post‑installation reports. • Funding mechanics: Voucher amounts are defined in the Implementation Manual; dealers receive reimbursement via EFT, and purchasers receive charger reimbursements after installation verification. • Key deadlines: Final application deadline December 31, 2035 3 PM ET; other internal milestones (application review ≤ 4 months, redemption ≤ 18 months for buses, ≤ 15 months for chargers). • Compliance: 5‑year service requirement, quarterly charger usage reporting, annual bus mileage reporting, and strict liability placed on purchaser/installer (NYSERDA disclaims liability).
Attached Files:

Please visit the bid source via the “Link to Bid Source” button below for documentation.

Contact Information:

Jay Craig(Program Contact)

schoolbus@nyserda.ny.gov

(518) 862-1090, ext. 3017

Budget Estimate (AI):

$10,000,000 – $200,000,000

The program’s vouchers can reach up to $156 k per electric bus plus priority and scrappage bonuses (potentially $40‑50 k extra) and up to $65 k per charging port. Assuming a mid‑size district purchases 10 buses and installs 10 chargers, a dealer/installer could see roughly $1.5‑2 million in reimbursements per district. Across the entire state, with hundreds of districts participating, total vendor‑level revenue could range from low‑double‑digit millions to low‑hundred‑million dollars, depending on market share captured. Therefore, a realistic earnings estimate for a qualified dealer or installer is between $10 million (conservative early‑adoption) and $200 million (full market capture).

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