Renewable Energy Credits (REC) 2026

The University of Wisconsin-Stevens Point, hereinafter referred to as the "University", through its Purchasing Services Department, hereinafter referred to as "Purchasing", on behalf of UWSP Office of Sustainability, hereinafter referred to as "Department", requests bids for the purchase of Renewable Energy Credits (REC).

University of Wisconsin-Stevens Point is seeking cost-competitive bid for annual lump purchase of renewable energy credits (RECs) to offset Scope 2 Emissions. Initial contract period would be single year agreement with three (3) one year renewals if mutually agreeable.

Bid Item form of Sourcing Event portal lists all eleven options listed above. Bidder to provide pricing for one or more options, at bidders discretion. Only the lowest priced option in the Universities best interest will be selected. (Planned purchase for 1st year is 22,980 RECs total.)

• RECs must be able to offset Scope 2 Emissions for timeframe of 7/1/2025 through 6/30/2026.
• RECs must be generated from one of these eligible renewable technologies, as defined in ss.196.378(1)(h) and (i) Wis. Stats.
• RECs must meet EPA Green Power Partnership reporting requirements, including resource eligibility, new renewables requirement and green power vintage requirements.
• RECs must be Green-e certified, to meet national standards for resource content and environmental impact, and able to qualify for LEED points.
• RECs must be retired as part of Midwest Renewable Energy Tracking System (M-RETS) in UW-Stevens Point's name to ensure that the RECs, and the environmental benefits contained in the RECs, have not been double-claimed or double-sold.

**Submission method:** The University is accepting electronic responses via the Sourcing Module. Required materials must be received by the due date and time listed. Bids cannot be submitted once the event has closed in the Portal. All Bids MUST be submitted by **12:00 AM Central Time** on the stated due date. Late bids will not be accepted.

To respond to this event, bidders must have an online profile with JAGGAER.

Award shall be made on the basis of the lowest net line-item price(s) and/or the lowest net lot total(s), whichever is judged to be in the best interest of the University. The University may award to one or multiple bidders.

Bidder company or its principals must be in the business of providing the requested items/services and must have done so for the past TWELVE (12) months minimally.

Prices must remain firm for 90 calendar days after bid opening.

The initial term of this contract shall be date of award, through ONE (1) year after date of award. The University has the option to renew this contract annually, for an additional 3 years.

The Contractor shall maintain insurance levels as required in the DOA 3054 Standard Terms and Conditions – Section 23.0.

The Public Opening for the bid will be on Monday, November 30, at 3pm CST.