23-192286. FMD. LCFSCBrokerServices

The California Department of General Services, Office of Fleet and Asset Management (OFAM) is seeking bids for Low Carbon Fuel Standard (LCFS) Credit Broker services through an Invitation for Bid (IFB). OFAM requires a broker, on a non-exclusive basis, to facilitate the sale of approximately 528 existing LCFS credits and an anticipated 160 LCFS credits annually. The anticipated contract term is three years, and all agreements will include General Terms and Conditions and Contractor Certification Clauses. The IFB outlines minimum requirements for the bidder, including licenses, insurance, references, and a 3% Disabled Veteran Business Enterprise (DVBE) participation goal. Bid submissions will be evaluated on cost, with applicable preferences and incentives applied to determine the lowest responsive and responsible bidder. The winning bidder will be required to adhere to all agreement terms, including insurance requirements and prevailing wage considerations. The bid opportunity is posted for the jurisdictions of Sacramento County and San Francisco City, with a due date of September 5, 2024.

The contract opportunity has a 3% DVBE participation goal, which means that bidders must either meet this requirement or apply for a DVBE exemption. There is no information provided about any incumbent vendors or current contractors, and the IFB does not specify a budget range or award value. Bidders will need to have the appropriate licenses, insurance, and references to be considered for this contract.