Notice to Vendors Proposal Specs for Residential Energy Aggregation

The City of Hoboken is seeking proposals from vendors for a Residential Energy Aggregation Program. This initiative involves facilitating an online auction to identify energy pricing proposals for residents. Potential vendors must submit initial bid documents via email to Concord Energy Services, the designated Energy Agent for the Municipality, for qualification. Qualified vendors will subsequently be invited to a second submission phase through an online bidding platform to provide energy pricing proposals, with the specific date and time to be announced later. While an online auction is slated for May 20, 2026, the deadline for initial bid document submission for vendor qualification is April 21, 2026. The program is structured such that no direct outlay of municipal funds is anticipated. Key requirements for successful vendors include compliance with various regulations such as Affirmative Action, Anti-Kickback, Public Disclosure Law (for 10%+ stockholders), Business Registration, Iranian Disclosure Form, Addendum Acknowledgement, and an Agreement for Provision of Energy Supply Services. The City reserves the right to reject proposals or waive informalities if it is in the best interest of the Municipality and program participants.