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Town of Riverhead Awards Financial Services Contract to Long Island Power Authority (Lipa) (May 2026)

Town of Riverhead logoTown of Riverhead
Approved
May 20, 2026
Term
For 2025-2026 PILOTs
Renews
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The 30-second brief

What it covers

Riverhead authorized the Supervisor to execute an authorization agreement with the Long Island Power Authority for 2025–2026 PILOT payments. The agreement governs payment-in-lieu-of-taxes arrangements between the Town and LIPA.

Who holds it

Long Island Power Authority (Lipa) holds this financial services contract with Town of Riverhead. Its other public contracts on record include work for New York State Power Authority | State of New York and Town of Huntington.

What happens next

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Contract details

Contract type
Financial Services
Document date
May 20, 2026
Term
For 2025-2026 PILOTs
Renews
On record
Vendor
Long Island Power Authority (Lipa)
Agency
Town of Riverhead
Source document
Town of Riverhead Minutes Town Board Regular Meeting 2026-05-20 (Minutes)

Long Island Power Authority (Lipa)'s other public contracts

New York State Power Authority | State of New York, New YorkNYPA and LIPA Agree to Extend Flynn Plant Capacity Deal · Oct 30, 2026UndisclosedTown of Huntington, New YorkInterim Settlement Agreement With LIPA Authorized · Aug 11, 2026UndisclosedTown of Huntington Housing Authority, New YorkInterim settlement agreement with LIPA authorized · Aug 11, 2026UndisclosedTown of Huntington, New YorkTown Moves Toward Interim Settlement With LIPA · Aug 7, 2026UndisclosedTown of Riverhead, New YorkTown to Sign PILOT Agreement with LIPA · May 20, 2026UndisclosedAll Long Island Power Authority (Lipa) contractsVendor profile

More Town of Riverhead contracts

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Questions about this contract

Who was awarded the financial services contract by Town of Riverhead?

Long Island Power Authority (Lipa) was awarded this financial services contract by Town of Riverhead, as recorded on May 20, 2026.

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 Town of Riverhead Minutes Town Board Regular Meeting 2026-05-20 (Minutes), dated May 20, 2026 from Town of Riverhead. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Long Island Power Authority (Lipa) hold?

Long Island Power Authority (Lipa) may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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What is Town of Riverhead currently buying?

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