Renewable Natural Gas (RNG) RIN Credit Monetization and Management Services

Closed State & local contract opportunity Posted

Solicitation number
RFQ031692
State
Ohio
Responses due

Opportunity facts

Opportunity details come from columbus.bonfirehub.com. Updated .

About this opportunity

The City of Columbus, Division of Fleet Management, is seeking proposals for Renewable Natural Gas (RNG) RIN Credit Monetization and Management Services. This procurement aims to support the city's participation in the federal Renewable Identification Numbers (RINs) program, specifically targeting the generation, separation, and monetization of D3 RINs based on the city's annual CNG usage of 96,611 MMBtu. The selected vendor will be responsible for a fully managed RNG RIN management and monetization program, including tracking and reporting D3 RINs in compliance with federal, state, and local regulations. The contract will be structured as a revenue-sharing agreement, with the contractor responsible for RIN monetization at current market rates and monthly remittance to the city based on a pre-established percentage of gross RIN revenue. Proposals will be evaluated on five key criteria: competency (25 points), ability to perform (25 points), quality and feasibility (10 points), revenue sharing and pricing (30 points), and response clarity (10 points). The solicitation timeline includes specification questions due by November 20, 2025, with proposals due by December 4, 2025, at 4:00 PM through the Euna Procurement portal. The evaluation period is set for December 4-11, 2025, with a contract award anticipated on December 12, 2025, and contract commencement on January 1, 2026.

The procurement requires potential contractors to demonstrate at least five years of RIN management experience and provide references from a minimum of four similar public agency projects completed within the past five years. While no specific set-aside designations are mentioned, contractors must comply with all federal, state, and local regulations, including 40 CFR Part 80 EPA Renewable Fuel Standard regulations and Columbus City Code requirements. Vendors must maintain worker's compensation insurance and commercial liability insurance, with the City of Columbus named as an additional insured. The contract will have an initial three-year term with options to extend for two additional one-year periods based on mutual written agreement. Although a specific budget range is not explicitly stated, the revenue-sharing structure suggests the potential for significant financial benefit, with the contractor responsible for monthly invoices, revenue summaries, and payment remittances to the city. The successful contractor will be required to provide comprehensive monthly RIN activity reports, quarterly cumulative balance reports, and annual full RIN audit reports, ensuring transparent and detailed documentation of the RNG RIN management process.

Opportunity text

The City of Columbus, Division of Fleet Management, requests proposals from qualified firms to support its participation in the federal Renewable Identification Numbers (RINs) program. The selected vendor will pair the City's approximate annual CNG usage of 96,611 MMBtu (see exhibit A) with renewable natural gas to generate, separate, and monetize D3 RINs on the City's behalf. RIN credit management services must include tracking and reporting of D3 RINs in compliance with all applicable federal, state, and local laws and regulations. The City's intention is for this to be a fully contracted and managed program by the successful Contractor for RNG RIN Management and Monetization. The resulting agreement shall be structured as a revenue-sharing contract, with the Contractor responsible for RIN monetization at current market rates and monthly remittance to the City based on a pre-established percentage of gross RIN revenue. The contract will include requirements for regular reporting, billing services, audit documentation, and full regulatory compliance.

Files

File Type Posted
1-Rfp Rin monetization management.pdf PDF

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