CONTRACTPENDING

Funding for Energy Systems Group Project

Capital Region Transportation Planning Agency logoCapital Region Transportation Planning Agency
Disclosed value
$9,000,000.00
From agenda
Document date
Feb 12, 2025
Term
20 year payback

The 30-second brief

What it covers

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.

Who holds it

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.

What happens next

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
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.

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