CONSTRUCTIONRECOMMENDED

Committee Recommends WWTP Solar Contract to Yellow Lite

The Village of Chagrin Falls Utilities Committee recommended awarding the Wastewater Treatment Plant solar project to Yellow Lite based on its low bid and a projected total cost of $1.1 million. The 25-year project aims to offset at least 35% of WWTP power needs and is structured to be self-funding with grant support and 20-year debt financing.

Status
RECOMMENDED
Document date
March 6, 2023
Contract type
CONSTRUCTION
Vendor
Yellow Lite
Agency
Chagrin Falls village · OH

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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 amount
$1,100,000 (projected total project cost)
Contract type
CONSTRUCTION
Contract term
25-year life of the solar field; debt funding projected over 20 years at 2.5% interest
Renewal
Solar field modeled over 25 years with debt amortized over 20 years; no explicit renewal or extension options stated.
Document type
Meeting Minutes
Source document
town-name-meeting-minutes-2023-03-06-pdf_eae.pdf

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the construction contract by Chagrin Falls village?

Yellow Lite was awarded this construction contract by Chagrin Falls village, as recorded on March 6, 2023. The contract value is $1,100,000 (projected total project cost).

How much is the Yellow Lite contract with Chagrin Falls village worth?

The Yellow Lite contract with Chagrin Falls village is valued at $1,100,000 (projected total project cost), covering construction work.

What type of contract is this?

This is a Construction contract, documented as a meeting minutes record.

Where was this contract approved?

This contract appears in town-name-meeting-minutes-2023-03-06-pdf_eae.pdf (Meeting Minutes), dated March 6, 2023 from Chagrin Falls village. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Yellow Lite hold?

Yellow Lite 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 Yellow Lite's profile

What is Chagrin Falls village currently buying?

Explore Chagrin Falls village's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View Chagrin Falls village's profile

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