City of Hillsboro Awards Financial Services Contract to Mantis Innovation (June 2026)

The Hillsboro City Council approved an agreement with Mantis Innovation to represent the City in negotiating contracts with retail electricity providers at a recommended 96‑month term and a supply rate of $0.07682. The resolution authorizes Mantis Innovation to secure favorable electricity pricing amid energy market uncertainty.

Scope & details

The full contract record, as filed.

Contract amount

Supply rate of $0.07682 per kWh (96‑month term)

Contract type

FINANCIAL_SERVICES

Contract term

96-month term

Renewal

Initial agreement recommended for a 96‑month term; renewal or renegotiation would be required at term end based on future market conditions.

Document type

Minutes

Source document

Hillsboro City Council Minutes Special Meeting 2026-06-17

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by City of Hillsboro?

Mantis Innovation was awarded this financial services contract by City of Hillsboro, as recorded on June 17, 2026. The contract value is Supply rate of $0.07682 per kWh (96‑month term).

How much is the Mantis Innovation contract with City of Hillsboro worth?

The Mantis Innovation contract with City of Hillsboro is valued at Supply rate of $0.07682 per kWh (96‑month term), covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Hillsboro City Council Minutes Special Meeting 2026-06-17 (Minutes), dated June 17, 2026 from City of Hillsboro. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Mantis Innovation hold?

Mantis Innovation 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 Mantis Innovation's profile

What is City of Hillsboro currently buying?

Explore City of Hillsboro's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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