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UTILITIESRENEWED

New Jersey Institute of Technology Board of Trustees Public Session Meeting Agenda Packet 2026-06-11

Engie Resources Secures Electricity Supply for FY2027

New Jersey Institute of TechnologyENGIE RESOURCESJune 11, 2026

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Description

Engie Resources will provide electricity to NJIT for one year through May 2027 under a new supply agreement following expiration of the previous multi-year contract.

Contract Details

Vendor

ENGIE RESOURCES

Agency

New Jersey Institute of Technology, NJ

Contract Type

UTILITIES

Document Date

June 11, 2026

Contract Term

Current contract expires June 2026; new one-year term through May 2027 meter reading

Renewal Date

2027-05-31

Renewal Info

New 1-year contract, expiring after May 2027 meter reading, at 45% higher rate.

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