FINANCIAL_SERVICESAUTHORIZED

Board Authorizes Rate Stabilization Agreement With AMP

The Bowling Green Board of Public Utilities authorized the Utilities Director to enter into a Rate Stabilization Agreement with American Municipal Power Inc. (AMP) to borrow funds that will support required debt service coverage in 2026–2027. The borrowed funds are expected to be repaid between 2028 and 2031, smoothing electric rate increases for customers.

Status
AUTHORIZED
Document date
May 11, 2026
Contract type
FINANCIAL_SERVICES
Vendor
American Municipal Power Inc (amp)
Agency
Town of Bowling Green · OH

Trusted by teams at

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
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 type
FINANCIAL_SERVICES
Contract term
Borrowing in 2026–2027 with repayment in years 2028 through 2031
Renewal date
2031-12-31
Renewal
Single Rate Stabilization Agreement under AMP’s program; no explicit renewal options are described in the resolution.
Document type
AgendaPacket
Source document
City of Bowling Green Board of Public Utilities Agenda May 2026

Related contracts

Other contracts from American Municipal Power Inc (amp).

View all →

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Town of Bowling Green?

American Municipal Power Inc (amp) was awarded this financial services contract by Town of Bowling Green, as recorded on May 11, 2026.

What type of contract is this?

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

Where was this contract approved?

This contract appears in City of Bowling Green Board of Public Utilities Agenda May 2026 (AgendaPacket), dated May 11, 2026 from Town of Bowling Green. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does American Municipal Power Inc (amp) hold?

American Municipal Power Inc (amp) 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 American Municipal Power Inc (amp)'s profile

What is Town of Bowling Green currently buying?

Explore Town of Bowling Green's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View Town of Bowling Green's profile

Bring us your territory.
We'll show you what is forming.

B2G and SLED sales intelligence. Surface government procurement signals from 80,000+ state, local, and education agencies months before the RFP.

Try Civic IQ for free