City of Lloydminster Regular Council Meeting Agenda May 2026
Cenovus Energy Hub naming rights agreement amended
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Description
Lloydminster Council will consider amending its June 26, 2023 naming rights sponsorship agreement with Cenovus Energy Inc. for the Cenovus Energy Hub. The amendment updates signage, suite usage and catering terms, and formalizes $3,000 per year in programming funds for indigenous cultural activations at major events, without changing the overall financial value of the deal.
Contract Details
Contract Amount
$3,000 per year programming funding (no overall change to original sponsorship value)
Vendor
CENOVUS ENERGY INC
Agency
City of Lloydminster, Canada
Contract Type
OTHER
Document Date
May 4, 2026
Contract Term
Reviewed every five years; carries forward unspent annual programming funds to end of term
Renewal Info
Programming section to be reviewed every five years; unspent annual programming allocations carry forward and any remaining balance at end of term reduces the final payment to the City.
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