Description
The Massachusetts Department of Energy Resources is seeking a contractor to help administer the Renewable Energy Portfolio Standard (RPS) Solar Credit Clearinghouse Auction Account. The contractor will be responsible for hosting the auction, providing auction safety valves, clearing the auction, and collecting bid payments. The contractor will also be required to provide a dedicated bank account for deposits and fees, support the transfer of Re-minted Auction Account Attributes, and provide an annual auction report. The contract is expected to be awarded for a period of 3 years, with a potential one-year option to renew. The maximum dollar amount for the contract is $60,000.
Key aspects of the job include:
• Hosting the auction and providing auction safety valves
• Clearing the auction and collecting bid payments
• Providing a dedicated bank account for deposits and fees
• Supporting the transfer of Re-minted Auction Account Attributes
• Providing an annual auction report
The ideal contractor will have knowledge of energy markets and REC markets, experience in tracking and completing financial transactions, and experience in preparing and organizing materials to explain complex program design components to stakeholders.