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Greater Richmond Transit Company·Virginia

Renewable Identification Number Generation and Monetization for CNG Fuel Use

Closes 4/30/2026$100k – $500kRequest for Proposal
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Description

The Greater Richmond Transit Company is seeking proposals from qualified firms to evaluate, register, generate, manage, and monetize Renewable Identification Numbers (RINs) associated with the Agency’s compressed natural gas (CNG) consumption. The selected Contractor shall implement a RIN credit generation and monetization program based on GRTC’s existing CNG fuel consumption. The program shall not require any physical modification to existing fueling infrastructure, gas procurement contracts, or fleet operations. Key aspects of the job include: • Evaluating and registering RINs for GRTC’s CNG consumption • Generating and managing RIN credits • Monetizing RIN credits • Implementing a RIN credit generation and monetization program without modifying existing infrastructure or operations

Attached files

The solicitation documents live at the source — open the bid source above to download them.

Contact

Antionette Haynes(Bid Writer)

[email protected]

Key dates

Opened
3/26/2026
Pre-bid meeting
4/6/2026
Closes
4/30/2026

Last updated

Details

Type
Request for Proposal
Industry
Consulting Services
NAICS
541610
Solicitation №
RFP-RFP#256-26-17-0-2026/AH

Budget estimate

$100,000 – $500,000

The budget for this opportunity is difficult to estimate, as the document does not specify a budget or payment amount. However, based on the scope of work, which involves evaluating and monetizing RINs for GRTC’s CNG consumption, the budget could potentially be in the range of $100,000 to $500,000. This estimate is based on the assumption that the contractor will be generating and selling RIN credits, and the budget will depend on the number of RINs generated and the market price of RINs. Factors that may influence the likely payment range include the amount of CNG consumed by GRTC, the efficiency of the RIN generation and monetization program, and market demand for RINs.

AI estimate from the solicitation

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