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Kean University·New Jersey

Natural Gas Supply Service

Closes in 5 days$800k – $1.5MInvitation for Bid
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Description

Kean University is soliciting qualified natural‑gas suppliers to provide firm, 100 % volume‑tolerance gas service to its two campuses (Union and Jersey City). Bidders may submit separate proposals for the Elizabethtown Gas (ETG) group or the PSE&G group, covering all accounts within the chosen group. Pricing must be quoted per Dekatherm at the city‑gate point and must already include New Jersey’s 6.625 % sales tax and the $0.095 per Dekatherm energy‑agent fee. The contract will be a full‑requirements service with term options ranging from 24 to 36 months (or alternate 21‑23‑month start‑date variations). All vendors must hold a current New Jersey Board of Public Utilities gas‑supplier license and be authorized by the respective local distribution company. The bid submission deadline is 12 p.m. ET on November 6, 2026, with a hold‑firm price deadline of 3 p.m. ET the same day. The award will be notified the same day. • Two bid groups (ETG and PSE&G) – suppliers can bid on one or both. • Pricing point: city‑gate, per‑Dekatherm, inclusive of tax and energy‑agent fee. • Mandatory licensing: NJBPU gas‑supplier license required. • Contract terms: 24‑ or 36‑month options plus alternate start‑date variations. • Submission: electronic upload via Gabel Associates portal plus email copy; qualifications due Oct 23, 2026 with cure deadline Oct 30, 2026.

Attached files

Contact

Edie DelVecchio(Associate Vice President, University Procurement and Business Services)

[email protected]

(908) 737-5326

Key dates

Opened
10/15/2026
Questions due
10/23/2026
Pre-bid meeting
10/19/2026
Site visit
10/20/2026
Closes
11/6/2026
Projected award
11/6/2026
Duration
36 months

Last updated

Details

Type
Invitation for Bid
Industry
Energy and Utilities
NAICS
221210
Solicitation №
K26-10-13-2

Budget estimate

$800,000 – $1,500,000

Based on the RFB, the university’s total annual consumption is roughly 3.1 million Therms (≈ 310,000 Dekatherms). Assuming a market‑typical price of $0.90‑$1.50 per Dekatherm (including tax and fees), annual spend would be about $280k‑$465k. With contract terms of 24‑36 months, total contract value ranges roughly $600k‑$1.4 million. Therefore a realistic budget estimate for the supplier is between $800,000 and $1,500,000, depending on the final price per Dekatherm and selected term length.

AI estimate from the solicitation

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