Funding for Energy Systems Group Project
- Disclosed value
- $9,000,000.00
- From agenda
- Document date
- Feb 12, 2025
- Term
- 20 year payback
The 30-second brief
Authorize City Manager to negotiate/execute agreement with Tax Exempt Leasing Corporation for funding the Energy Systems Group (ESG) contract. The total of $9,000,000 will be recouped through consolidated energy savings over a twenty-year period, and, in addition, generate an estimated net positive of $2.5 million in consolidated energy savings.
Tax Exempt Leasing holds this funding agreement contract with Capital Region Transportation Planning Agency. Its other public contracts on record include work for City of Rutland and City of Britton.
Term as filed: 20 year payback.
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Contract details
- Contract type
- Funding Agreement
- Amount
- $9,000,000.00
- Document date
- February 12, 2025
- Term
- 20 year payback
- Vendor
- Tax Exempt Leasing
- Source document
- city_commission_meeting_agenda_february_12_2025.pdf (Agenda)
Tax Exempt Leasing's other public contracts
More Capital Region Transportation Planning Agency contracts
Questions about this contract
Who was awarded the funding agreement contract by Capital Region Transportation Planning Agency?
Tax Exempt Leasing was awarded this funding agreement contract by Capital Region Transportation Planning Agency, as recorded on February 12, 2025. The contract value is $9,000,000.00.
How much is the Tax Exempt Leasing contract with Capital Region Transportation Planning Agency worth?
The Tax Exempt Leasing contract with Capital Region Transportation Planning Agency is valued at $9,000,000.00, covering funding agreement work.
What type of contract is this?
This is a Funding Agreement contract, documented as a agenda record.
Where was this contract approved?
This contract appears in city_commission_meeting_agenda_february_12_2025.pdf (Agenda), dated February 12, 2025 from Capital Region Transportation Planning Agency. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Tax Exempt Leasing hold?
Tax Exempt Leasing may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.
What is Capital Region Transportation Planning Agency currently buying?
Explore Capital Region Transportation Planning Agency's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.