FINANCIAL_SERVICESAPPROVED

unspecified agency Awards $100,000 Financial Services Contract to Txnm Energy Inc (June 2026)

The New Mexico Public Regulation Commission imposes a $100,000 civil penalty on TXNM Energy, Inc. for violating Section 62-6-12(A)(3)(c) by consummating an unauthorized PIPE Financing Transaction. TXNM must pay the penalty within 30 days and may not pass related costs on to ratepayers without express Commission authorization.

Status
APPROVED
Document date
June 8, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Txnm Energy Inc
Agency
unspecified agency · NM

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TerraCycle logo
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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
$100,000
Contract type
FINANCIAL_SERVICES
Contract term
Civil penalty payable within 30 days of final order dated June 8, 2026
Renewal date
2026-07-08
Renewal
One-time civil penalty; no renewal or extension applicable.
Document type
Report
Source document
New Mexico Public Regulation Commission Report Recommended Decision for Show Cause Proceeding 2026-06-08

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by unspecified agency?

Txnm Energy Inc was awarded this financial services contract by unspecified agency, as recorded on June 8, 2026. The contract value is $100,000.

How much is the Txnm Energy Inc contract with unspecified agency worth?

The Txnm Energy Inc contract with unspecified agency is valued at $100,000, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in New Mexico Public Regulation Commission Report Recommended Decision for Show Cause Proceeding 2026-06-08 (Report), dated June 8, 2026 from unspecified agency. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Txnm Energy Inc hold?

Txnm 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 Txnm Energy Inc's profile

What is unspecified agency currently buying?

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

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