Scope of Work The objective of this service is to monitor the conduct of market participants in up to six (6) quarterly GHG allowance auctions and up to six (6) reserve sales, and in the secondary markets to identify any indications of anti-competitive behavior, as well as to understand activity and trades. ARB is anticipating the first California allowance auction will take place in late 2012. The auctions will continue based on the calendar quarter for the remainder of the program. See detailed Scope of Work in the RFP. Added on Nov 8, 2011: Notice to Proposers Questions and Responses from Bidders Conference. See attached file. Added on Nov 10, 2011: Addendum #1 Question Clarification. Please see attached file.