FINANCIAL_SERVICESAPPROVED

Township of Ocean School District Awards Financial Services Contract to Spectron Energy Inc (July 2025)

The board approved Spectron Energy Inc. as the highest bidder in an online auction for 207 Solar Renewable Energy Certificates at $198 per credit for the 2024-2025 fiscal year. After a $517.50 brokerage fee, the district will receive a net amount of $40,468.50 from the sale of its SRECs.

Document date · July 29, 2025

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
$198 per credit; brokerage fee $517.50; net $40,468.50
Contract type
FINANCIAL_SERVICES
Contract term
2024-2025 fiscal year
Renewal date
2025-06-30
Renewal
This approval covers the 2024-2025 fiscal year SREC sale conducted on June 30, 2025; any future SREC auctions would require separate board action.
Document type
Agenda
Source document
township-of-ocean-school-district-work-meeting-agenda-july-29-2025_530.md

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Township of Ocean School District?

Spectron Energy Inc was awarded this financial services contract by Township of Ocean School District, as recorded on July 29, 2025. The contract value is $198 per credit; brokerage fee $517.50; net $40,468.50.

How much is the Spectron Energy Inc contract with Township of Ocean School District worth?

The Spectron Energy Inc contract with Township of Ocean School District is valued at $198 per credit; brokerage fee $517.50; net $40,468.50, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agenda record.

Where was this contract approved?

This contract appears in township-of-ocean-school-district-work-meeting-agenda-july-29-2025_530.md (Agenda), dated July 29, 2025 from Township of Ocean School District. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Spectron Energy Inc hold?

Spectron Energy Inc may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Spectron Energy Inc's profile

What is Township of Ocean School District currently buying?

Explore Township of Ocean School District's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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