Wanaque Board of Education Regular Meeting Agenda April 2026
Board Authorizes EMEX Reverse Auction for Electricity
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Description
The Wanaque Board of Education authorized participation in an EMEX reverse auction to secure electricity supply at or below set price thresholds. The Business Administrator may execute a 12-, 18-, or 24-month electricity contract with the winning supplier based on the auction results.
Contract Details
Vendor
EMEX LLC DBA MANTIS INNOVATION
Agency
Wanaque School District, NJ
Contract Type
UTILITIES
Document Date
April 28, 2026
Contract Term
12, 18, or 24 months, to be selected based on auction results
Renewal Info
Future electricity supply contract will be awarded to the auction's winning supplier for a 12-, 18-, or 24-month term; renewals or new terms will require subsequent auctions or board approvals.
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