RRC Well Plugging, Carbon Offset & Related Services, Proof of Capture, Certification, Sale of Carbon

The Railroad Commission of Texas (RRC) has issued an Invitation for Bid (IFB) to qualified entities to provide Well Plugging, Carbon Offset and Related Services, Proof of Capture, Certification, and Sale of Carbon Credits. The contract will serve Travis County and the City of Austin, Texas. The RRC seeks services for well plugging, methane measurement, carbon offset services, proof of capture, certification, and sale of carbon credits. Responses must detail the respondent's qualifications to deliver the requested services in accordance with the terms, conditions, and specifications outlined in the solicitation documents. Pricing will be determined by the highest possible rebate to the RRC expressed as a percentage of total well plugging costs. Responses are due by 2:00 PM CT on Thursday, April 25, 2024, and the estimated award date is Tuesday, April 30, 2024.

The IFB does not specify any set-aside designations or restrictions on the types of organizations that can respond. The provided documents include a list of 98 registered vendors, 32 of which are Historically Underutilized Businesses (HUBs). However, the solicitation does not provide details on any incumbent vendors, current contractors, existing infrastructure, or technology integration requirements. The available information also does not include any details on the possible award values or budget ranges for this opportunity.