NFWUA Approves Clay Electric Letter of Credit Agreement
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Description
The North Florida Water Utilities Authority approved a Clay Electric letter of credit agreement supported by a First Federal Bank credit line to secure payment of electric service invoices. The arrangement guarantees Clay Electric’s deposit requirements while NFWUA receives power service.
Contract Details
Vendor
CLAY ELECTRIC
Agency
North Florida Water Utilities Authority, FL
Contract Type
UTILITIES
Document Date
January 20, 2026
Renewal Info
Letter of credit agreement remains in effect as long as NFWUA receives electric services from Clay Electric; specific term or renewal date not stated.
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Issuing Agency
Utility District
Lake City, FL
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