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  4. ›Renewable Energy
  5. ›RFP# 256-26-17 Renewable Identification Number Generation…

Greater Richmond Transit Company·Virginia

RFP# 256-26-17 Renewable Identification Number Generation and Monetization of CNG Fuel UseMonetization

Closes 4/30/2026$200k – $500kRequest for Proposal
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Description

The Greater Richmond Transit Company (GRTC) is seeking proposals from qualified firms to manage Renewable Identification Numbers (RINs) generated from its compressed natural gas (CNG) fuel consumption under the federal Renewable Fuel Standard. The scope includes evaluating eligible RINs, registering them with the EPA, tracking generation, and monetizing the credits to generate revenue for the agency. This work requires expertise in environmental compliance, fuel‑use reporting, and market trading of renewable credits. • Perform analysis of GRTC’s CNG fuel usage to determine RIN eligibility. • Register, track, and manage RINs in accordance with EPA regulations. • Develop and execute a monetization strategy to sell RINs and maximize revenue. • Provide ongoing reporting and compliance documentation throughout the contract period.

Attached files

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Contact

Antoinette Haynes

Key dates

Opened
3/26/2026
Closes
4/30/2026

Last updated

Details

Type
Request for Proposal
Industry
Renewable Energy
NAICS
541620
Solicitation №
RFP-116635

Budget estimate

$200,000 – $500,000

This is a consulting‑type contract focused on RIN generation and monetization for a transit agency. Based on comparable environmental‑consulting engagements for public agencies, the effort could range from a few hundred thousand dollars for a single‑year effort to over a half‑million if the contract includes multi‑year revenue‑optimization services and ongoing compliance reporting. Factors influencing the range include the depth of market analysis, the volume of CNG fuel used (which determines the number of RINs), and the length of the engagement.

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