MPA 623 Pricing Event - Retail Electricity Supply Service

The State of Rhode Island's Department of Administration, Division of Purchases, is soliciting bids from MPA 623-qualified vendors for retail electricity supply service on behalf of the Executive and Judicial Branches, Cities and Towns, and other State entities, with quotes due June 23, 2026 at 1:00 p.m. EDT. The solicitation is restricted to invited vendors only.

A minimum 15% MBE participation requirement applies to the dollar value of the entire procurement. Vendors must carry combined single-limit liability insurance of $1 million per occurrence, workers' compensation insurance of $100,000 each accident, and automobile liability insurance of $1 million each occurrence.

The RFQ contains no line items; vendors must submit pricing via a completed Exhibit 2 Pricing Form. Pricing is quoted on a firm, fixed unit price basis with F.O.B. destination delivery terms and vendor-specified payment terms. All submissions must be made electronically through Ocean State Procures at www.ridop.ri.gov; email, mail, fax, and hand delivery are not accepted.

Vendors must register in Ocean State Procures prior to bid submission. If selected, vendors must complete full registration including W-9 submission to transition from pending to approved status. Effective January 1, 2026, a 0.33% contract administrative fee is withheld by the State at the time of invoice payment on all eligible contracts.

Vendor questions were accepted from June 9, 2026 at 3:00 p.m. EDT through June 12, 2026 at 2:00 p.m. EDT. The contract term and renewal options are not disclosed in the solicitation; estimated total contract value is also not disclosed.