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

Scope & details

The full contract record, as filed.

Contract amount

$24 per credit; total net amount $301.00 after $35.00 brokerage fee for 14 SRECs

Contract type

FINANCIAL_SERVICES

Contract term

2025-2026 fiscal year (auction held July 15, 2025)

Renewal date

2026-06-30

Renewal

Approval covers the sale of 14 SRECs for the 2025-2026 fiscal year via an online auction held July 15, 2025; future SREC sales would require separate approvals.

Document type

Agenda

Source document

township-of-ocean-school-district-work-meeting-agenda-august-26-2025_f52.md

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Cape May County Municipal Utilities Authority Agenda 2026-10-07

PENDING

Cape May County MUA, New JerseyOct 5, 2026

township_of_ocean_board_of_education_work_meeting.pdf

AWARDED

Township of Ocean School District, New Jersey$198 per SREC credit; net proceeds $45,747 after $585 brokerage fee for 234 creditsDec 9, 2025

township-of-ocean-school-district-regular-meeting-agenda-august-26-2025_c87.md

AWARDED

Township of Ocean School District, New Jersey$24 per credit for 14 SRECs (net $301.00 after $35.00 brokerage fee)Aug 26, 2025

township-of-ocean-school-district-work-meeting-agenda-july-29-2025_530.md

APPROVED

Township of Ocean School District, New Jersey$198 per credit; brokerage fee $517.50; net $40,468.50Jul 29, 2025

township_of_ocean_board_of_education_work_meeting.pdf

AWARDED

Township of Ocean School District, New Jersey$198 per credit; total net amount $40,468.50Jul 29, 2025

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 August 26, 2025. The contract value is $24 per credit; total net amount $301.00 after $35.00 brokerage fee for 14 SRECs.

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 $24 per credit; total net amount $301.00 after $35.00 brokerage fee for 14 SRECs, 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-august-26-2025_f52.md (Agenda), dated August 26, 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.

View Township of Ocean School District's profile