Nutient Credits (RFQ 242-24-00067-DH)

The Commonwealth of Virginia, through Christopher Newport University, is seeking to procure 0.5 pounds of perpetual phosphorous nutrient credits, along with corresponding reductions in nitrogen and sediment, to assist in meeting the nutrient reduction requirements of its Municipal Separate Storm Sewer System (MS4) Permit Chesapeake Bay Total Maximum Daily Load (TMDL) Action Plan. The requested credits must be located within the MS4 locality or within the locality's Chesapeake Bay Tributary and applicable to the City of Newport News, Virginia. Bidders must provide documentation demonstrating they are the owner or authorized representative of an approved nutrient bank and have the required credits available for sale. Bids are due by February 28, 2024 at 12:00 PM EST, and the University will remit payment within 30 days of receiving an invoice.

The procurement does not mention any set-aside designations or restrictions on the types of organizations that can respond. The incumbent provider, RES, was unable to bid on this solicitation. The contract opportunity is for the City of Newport News, Virginia, and the contract term is for one year with the option to renew for up to four additional one-year terms. The pricing for the nutrient credits ranges from $11,500.00 to $27,500.00, with an average price of $9,750.00, representing a cost savings of $4,000.00 compared to the University's previous procurement of these services.