city-of-nephi-work-session-regular-session-minutes-september-23-2025_65d.pdf
Nephi City Approves One-Year Natural Gas Contracts With ARM
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Description
Nephi City Council approved a one-year suite of natural gas contracts with ARM, including transaction, base sale and purchase, and NAESB special provisions, citing lower pricing and favorable buyback terms. The agreements include a Utah-law dispute resolution clause and may be extended after performance is evaluated.
Contract Details
Vendor
ARM
Agency
City of Nephi, UT
Contract Type
FINANCIAL_SERVICES
Document Date
September 23, 2025
Contract Term
One year term with potential for longer term after assessment of performance
Renewal Info
Initial term of one year with potential for a longer-term extension based on performance; future renewals or extensions to be considered after the first year.
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